How a Self-Employed Consultant Gained Confidence in Bookkeeping

CASE STUDY

Background

A newly self-employed consultant had recently incorporated and was eager to handle their own bookkeeping to reduce overhead costs. Although experienced in business from past roles, they had never run a corporation or used bookkeeping software before. They wanted to keep costs low by managing their books in-house but were concerned about making mistakes that could trigger issues with the Canada Revenue Agency (CRA).

A newly-employed consultant who had recently incorporated. Purpose CPA provided Financial Coaching services to give confidence to the client to maintain their own books.

Industry:

Consulting

Services Provided:

Accounting & Tax
Bookkeeping

Challenges

  • Cost sensitivity: As a new business, the client couldn’t afford the cost of a monthly bookkeeping service.
  • Lack of experience: While a capable business professional, the client had never been responsible for corporate bookkeeping or accounting compliance.
  • No QuickBooks Online knowledge: The client had never used QuickBooks Online and didn’t have access to ongoing, trustworthy support to answer questions or troubleshoot problems.

The Solution

Purpose CPA offered a structured yet flexible approach through its finance coaching program, delivered under the firm’s Advisory Services:

  • Affordable fixed-price support: The client enrolled in the coaching program, which included QuickBooks Online setup, an introduction to bookkeeping principles, and basic QBO training—all at a cost-effective flat rate.
  • Ongoing CPA support: The client was given access to an experienced CPA for ad hoc questions and support, helping resolve issues as they arose while still managing their own books.
  • Tax compliance and planning: Purpose CPA will file the corporate T2 return at year-end and provide strategic tax planning to ensure full compliance and optimized financial outcomes.

Impact

  • Built confidence: With step-by-step training and trusted CPA guidance, the client felt empowered to take control of their finances without fear of making critical errors.
  • Reduced costs: The coaching program allowed the client to avoid the expense of monthly bookkeeping while still receiving professional guidance when needed.
  • Established a long-term relationship: With Purpose CPA handling year-end filings and providing proactive advice, the client gained a partner in their business journey—not just a one-time service provider.

Conclusion

Not every small business needs full-service bookkeeping right from the start. For this self-employed consultant, Purpose CPA’s coaching model provided the right balance of affordability, education, and support. The result was peace of mind, better financial control, and a professional relationship built to grow with the business.

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