How Healing Spaces Counselling Services Scaled Efficiently with Financial Visibility

CASE STUDY

Background

The client had been working with a traditional CPA firm that provided basic bookkeeping and tax preparation but lacked strategic financial guidance. While books were completed and taxes filed, the client felt unsupported, receiving little feedback on tax planning and no advisory support for growth. As they expanded, they struggled to maintain financial discipline and operational efficiency.

Healing Spaces is a counselling and mental health services company with 20 staff operating across 3 locations in British Columbia. Purpose CPA provided Bookkeeping, Accounting, and Tax Services after migrating the client from a similar CPA firm.

Company:

Healing Spaces

Industry:

Counselling & Health

Services Provided:

Accounting & Tax
Bookkeeping

Challenges

Limited strategic guidance during business growth – The client was expanding, adding staff and locations, but lacked insight into long-term financial planning and potential pitfalls.
Operational growing pains – The business faced challenges with people, processes, and technology but lacked the right financial support to streamline these areas.
No proactive tax or financial planning – The client did not receive holistic tax strategies or operational guidance to support business growth.

The Solution

Purpose CPA provided a comprehensive accounting and advisory strategy tailored to the client’s growth:

Seamlessly transitioned bookkeeping services from the previous CPA firm with a structured onboarding plan.
Maximized the features of QuickBooks Online and Dext, ensuring automated data entry, accurate financial tracking, and real-time reporting.
Introduced quarterly financial coaching and custom financial reporting, improving the financial acumen of the business owners.
Consolidated bookkeeping, corporate tax (T2), and personal tax (T1) services for a streamlined tax planning strategy.

Impact

Successful expansion while maintaining profitability – The business grew across multiple locations with added headcount while sustaining positive cash flow.
Significant tax savings – The client received tailored tax planning strategies that minimized both personal and corporate tax liabilities.
A strong financial partner for continued growth – Partnering with Purpose CPA provided the client with an experienced team to support future expansion and profitability.

I have been with a few accounting/ bookkeeping firms and by far, Purpose CPA has been my favourite. They are what I have been searching for! They are willing to adapt to my business model/needs and offer their wisdom in a wrap around way to ensure when I drop the ball my business doesn’t suffer!

Kelsey

Healing Spaces

Conclusion

Through this financial transformation, Healing Spaces achieved improved cash flow, better financial visibility, and a strong foundation for future expansion.

Ready to streamline your business finances?

Partner with Purpose CPA to optimize your accounting, streamline tax planning, and improve financial operations.