Avalon Accounting

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Overview

$1,000+

Min Project Size

$50 - $99/hr

Avg Hourly Rate

10 - 49

Employees

2015

Year Founded

ABOUT AVALON ACCOUNTING

Online Accounting for Small Businesses in Canada

Avalon serves as your virtual accounting department, offering online bookkeeping, accounting services, and expert financial guidance for small businesses throughout Canada. Operating remotely eliminates the need for in-office visits with piles of receipts; everything is digitized and can be accessed from anywhere. We utilize cloud-based accounting technology to simplify your financial management. Our services cater to small businesses, allowing owners to concentrate on their core activities. **Small Business Accounting Services** **Our Clients** We collaborate with clients from various industries across Canada. Our service packages are typically tailored for businesses ranging from startups to those generating up to $5 million in annual revenue. You can visit the packages page on our website to find the most suitable services for your needs: https://www.avalonaccounting.ca/packages **Resources** While our services may not suit every business perfectly, we still aim to support entrepreneurs in their growth. That's why we've created an extensive resource section filled with blog articles, YouTube videos, guides, and templates to assist business owners in Canada. Explore our resources at: https://www.avalonaccounting.ca/blog

LANGUAGES SPOKEN

EnglishFrench

HIGHLIGHTS

$1,000+

Min Project Size

$50 - $99/hr

Avg Hourly Rate

10 - 49

Employees

2015

Year Founded

Services

Focus

Industries

Clients

Services Provided

69% Accounting Services

20% Bookkeeping Services

11% Financial Advisory & Consulting

About the Team

OUR STORY

At Avalon, our passion lies in empowering small businesses to succeed through tailored financial advice and support. We founded Avalon to bridge the significant gap in straightforward, comprehensive accounting services for small enterprises. Rooted in collaboration, enthusiasm, and focus, our team comprises dedicated accounting enthusiasts and entrepreneurs committed to delivering expert, reliable guidance with a personable touch. Beyond just numbers, we genuinely care about advancing your success and take pride in making our work both meaningful and engaging. Partner with us for professional expertise, steadfast dependability, and a sprinkle of lightheartedness throughout your financial journey.

Portfolio

Accounting for Bakeries

Sweet Impressions Bakery

Addressing Bookkeeping and Accounting Challenges Sweet Impressions Bakery approached us with specific bookkeeping and accounting challenges. From the beginning, our teams connected seamlessly, and our mutual enthusiasm for organization and lists created a perfect partnership in accounting! The Solution We focused on identifying their needs. Sweet Impressions Bakery required timely access to their financial data presented in a clear and comprehensible manner. To achieve this, we implemented a cloud accounting platform. Additionally, Sweet Impressions entrusted us with their monthly bookkeeping and year-end reporting. The Results Now, the bakery receives the necessary information within 15 days following the end of each month in a user-friendly report. This document details various income sources, marketing campaigns, and sales of different products, including cupcakes and cookies. This has been extremely beneficial for Sweet Impressions, enabling them to accurately evaluate the performance of specific products and the effectiveness of their promotions.

Bookkeeping and Accounting for Retail

Moe's Home Furniture

The Journey of Curtis and Moe's Home Furnishings Starting a business from scratch can be daunting. Curtis aimed to meet the high standards set by Moe’s Home in Vancouver. Although he had nearly two decades of experience in the furniture industry, this was his first venture as an independent business owner. His greatest apprehension lay in managing the financial aspects of a small business. While he recognized the importance of payroll and taxes for his success, his true passion was home decor, not accounting. After initially looking for a local accounting firm in Vancouver, he discovered Avalon’s website and immediately connected with its messages. As a small business owner eager to succeed and pursue his passion, all Curtis needed was the right support network. Following an initial discussion with one of our CPAs, he realized he had found the assistance he needed. Accounting and Bookkeeping Curtis transitioned to working with Avalon quickly and efficiently. We immediately began establishing a strong accounting framework for him through bookkeeping and monthly reports. This bookkeeping provided Curtis with a clear overview of his business's performance through essential metrics like expenses and sales. With a solid understanding of his financial standing, Curtis gained the confidence to focus on launching his store and managing the aspects of the business he enjoyed most. Support We also assisted Curtis in defining roles and responsibilities within his team to ensure smooth operations across all areas. From the outset, he felt reassured about his decision to seek help early on. This allowed him to successfully get his business started. After roughly three months, Curtis's transition to collaborating with Avalon was complete, enabling us to work seamlessly together and provide him with the financial guidance and information he required.

Accounting for Distilleries

Wayward Distillery

**Going Off Course** After only a few years in operation, Wayward Distillery was beginning to thrive. Recognizing the early success, owner Dave began to consider the long-term prospects for the business. Where would it be in 5 or 10 years? Could he expand internationally? Would he be able to enjoy weekends off? What steps would he need to take to accomplish these goals? However, as is often the case when pursuing growth, they hit a stumbling block. Dave and his team were so engaged in their daily tasks that they lacked the bandwidth to implement their ideas. As a result, essential administrative responsibilities like accounting, tax, and payroll fell lower on their priority list. **Introducing Avalon** This is when they sought our assistance. They recognized the need to outsource these tasks and partner with an accountant who comprehended their business objectives. Additionally, they sought guidance on securing the necessary funding for expansion. **Strategy Session** We met with Dave to kick off our discussions about their ambitious vision. What were their growth objectives? What was their desired future? One crucial question addressed was, "What is your current profit, and what do you aim to earn?" It soon became evident that Wayward had a solid understanding of their operations—they were aware of their profit margins, identified their most lucrative avenues, and recognized that increasing production capacity was essential to meet their growth goals. With this valuable insight, we developed a detailed 5-year growth strategy. **Supporting Business Success** Avalon's innovative approach to accounting revealed new possibilities. "Thanks to Avalon, we grew by 800% in eight months, and we are now aligned with our 5-year plan to achieve sustainability and distribute our products globally." Looking ahead, Dave aims to enjoy time off on weekends and gradually step back, all while continuing to expand the business without overburdening their team.

Projects & Clients

Project Size & Rate

Minimum Project Size

$1,000+

Average Hourly Rate

$50 - $99/hr

Pricing Snapshot

Min Project Size

$1,000+

Avg Hourly Rate

$50 - $99/hr

Cost Rating

N/A

What Clients Have Said

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"Avalon Accounting delivers quality projects within budget and timeline expectations based on verified client feedback."

Based on verified reviews and internal benchmark data

MOST COMMON PROJECT SIZE

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Accounting Services

Bookkeeping Services

Financial Advisory & Consulting

Industry Recognitions

Locations

Headquarters

2031 Store St

Victoria, British Columbia, Canada V8T 5L9

+18557282566

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