Richter > How can I find growth opportunities for my business?

How can I find growth opportunities for my business?

Quote of the day
" Growing your business organically can happen rapidly, or it could take years. Regardless of the pace or reason – whether you invest in your business in anticipation of growth, or as the result of it – you should prepare a well-supported plan that enables strategic decision making."
Michael Szirt CPA, CA
Partner

Your goal

I’m ready to take my business to the next level. I want to expand, diversify, target new markets and ultimately enhance profitability. It’s exciting, but it’s also stressful. I’m looking for sustainability but I’m not sure how to prioritize all the issues – or if I’ve even identified what all of them are.  What’s the best way for me to grow my business to achieve this success?  Am I ready for this?

How we can help

When you’re ready to grow your business, one of the most valuable assets you can have is an objective and experienced partner who has your best interests at heart. An advisor who knows all the right questions to ask and isn’t afraid to ask them. In a wide array of sectors, we’ve helped businesses much like yours navigate through issues, identify and discuss challenges while looking to identify new opportunities. To ensure your growth is feasible, solid and sustainable, our team goes beyond the numbers. Our experience supporting entrepreneurs has validated that growth isn’t as simple as generating additional revenue. It all starts with a strategic, well-thought-out vision. To that effect, we look at your KPIs, assess how they’ll be impacted by your growth objectives, and map out a realistic plan. We address your aspirations, challenges, opportunities and options, all with an objective lens focused on solutions. We provide insight which will enable you to arrive at your decisions with confidence. Regardless of your goal, there are important questions you need to consider:

  • What’s your ultimate growth objective? A solid business strategy will help you prepare for the optimal way to manage your growth.
  • Is your team in place? This is key. Do you have the right talent internally? Perhaps there is a need to bolster your management team (especially if the ultimate goal is to sell or transition out of the business when the time comes). Which external partners (vendors, stakeholders, etc.) will help you drive your business?
  • What’s your financing plan? Will you rely on traditional lending through banks, or seek out alternative sources through crowdfunding, venture capital, private investors, etc., to fund your growth?
  • What’s the ideal pace for your growth? Rapid growth can bring about significant challenges, so whether it’s explosive growth or a more controlled approach, sustainability is paramount.

We may even determine together that growth isn’t necessarily the only answer. Through identifying inefficiencies and redundancies you may be able to achieve your shorter-term goals in other ways. With so many moving parts involved in growing a business, being able to see the bigger picture and systematically connect all the dots is crucial. We’ve assisted clients in their journeys from cradle to grave – and through generations – for decades. We can anticipate and help mitigate roadblocks and help you prepare to seize opportunities when they arise. Essentially, we bring focus to your business’s growth. Even if our findings may not be what you’re expecting to hear, we’ll always give you our sound rationale behind the advice, and deliver it with honesty and compassion. We don’t know any other way. If your goal is to manage and protect the sustainability of your business, you shouldn’t settle for anything less.

Meet our experts

The people behind the expertise.

Jordan Gould

CPA, CA
With over 25 years of experience, Jordan takes pride in forging close relationships with his clients that are rooted first and foremost in trust, respect and understanding.

Mitchell Silverstein

CPA, CA
For over 25 years, entrepreneurial clients have benefited from Mitch’s ability to bring clarity to business strategy and tax planning challenges while adding value to their corporate entities and families.

Irina Oks

MA (Economics)
Passionate about both her work and her family, Irina Oks is known for her capacity for hard work and delivering results. Irina takes on complex tasks with enthusiasm, dedication and a laser-like focus on getting the very best results for her clients.

Tasso Lagios

CPA, CA
Tasso has been guiding high net worth entrepreneurs, business owners and their families to help them set out their goals to ensure long-term business and wealth succession.

Philip Lichtsztral

CPA auditor, CA
An expert in retail and a general fan of fashion, Phil is one of the few people in the firm who can pull off matching baby blue with yellow.

Michael Corber

CPA, CA
Caring, devoted, decidedly compassionate and with a good sense of humour, Michael is a pleasure to work with! Very involved in his clients affairs, many say his work-ethic is nothing short of awesome.

Giovanni Di Maria

CPA auditor, CA
Giovanni has acquired over 20 years of expertise advising companies in a vast array of industries.

Massimo Cecere

CPA, CA, CRMA
Massimo is an expert advisor in business strategy, risk management, governance, CFO advisory and internal audit.

Harvey Zalcman

CPA, CA
Harvey has over 30 years of experience as a business advisor, providing assurance services to a diverse entrepreneurial clientele primarily in the technology, manufacturing, service and distribution sectors.

Michael Szirt

CPA, CA
This sought after professional has over 25 years of experience in both professional services and industry. Michael has been an auditor and strategic advisor to companies in technology variety of sectors.

Jean Desrochers

CPA auditor, CA
An expert in consulting and certification for over 15 years, Jean is a business partner recognized for his versatility and contagious energy.

John Charalampopoulos

CPA, CA
John has extensive experience advising a wide range of entrepreneurial clients.

Marie-Claude Frigon

CPA, CA
Marie-Claude certainly has a solid background, particularly in the retail, innovation and technology, and manufacturing and publishing sectors.

Michel Reinhardt

CPA auditor, CA
Michel is someone who likes people and who in turn, is liked by just about everyone who meets him.

Shawn Rozansky

CPA auditor, CA
Shawn is a truly pleasant and persuasive individual - but don't let his affable nature fool you into thinking he’s a pushover - he will challenge you until he is sure that every angle of every problem has been thoroughly considered.

Yves Nadeau

CPA auditor, CA, CRMA, CFE
An expert advisor recognized by boards of directors, audit committees and senior management, Yves advises his clients on strategic planning, corporate governance, risk management and internal auditing.

Stéphanie Lincourt

CPA auditor, CA
With her 15 years of assurance experience, Stephanie has developed particular expertise in the real estate and automobile sectors which she uses to the advantage of her entrepreneurial clients.
Meet more experts