Informed Advice: Compelling Reasons to Consult on Business Growth and Transition

Canada has one of the largest projected demographic decreases in the OECD countries.  As the  oldest members of the baby boom generation are now reaching retirement age, Canada has passed a “demographic tipping point,” according to Finance Canada’s December 22, 2017, Update of Long-Term Fiscal Projections. This social sea change brings about a hot new trend in business consulting: accounting for business growth and transition.

This, in fact, is the name of an advanced course in Knowledge Bureau’s newly updated DFA-Bookkeeping Services Specialist designation program. Accounting for Business Growth and Transition provides the knowledge and skills professional advisors in the tax, bookkeeping and accounting industries need to help both new and retiring business owners scale up micro practices, from one- to four-person shops to teams of five and more, expansion that’s required as the firm grows.

Recent graduate of the program, Tony Masone of Calgary, wanted to use the resources in this certificate course “to give informed advice to my clients in making business decisions.” The program delivered. Tony gave it an “A,” adding: “Very good course and very practical material to use in real life situations.”

“The lastest look at demographic trends by Finance Canada give us a look into the future,” says Evelyn Jacks, President of Knowledge Bureau, now celebrating its 15th year.   “In the coming years, there will be only 2.4 working age Canadians (15 to 64) for every senior (those 65 and over), down by 50 percent from 5.3. This trend will affect business transitions dramatically in the coming years. Advisors certified to consult on this trend will provide a great value-added service.”

To register online for the DFA-Bookkeeping Services Specialist designation program, click the link or call 1-866-953-4769.

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