Industries

Industries

Pranav Dave provides comprehensive accounting and taxation services to Greater Toronto Area clients in a variety of industries. Our professionals are dedicated to managing your accounting and taxation needs, freeing you and your staff to focus on growing your business. A selection of industries we serve:

Franchising

A franchising corporation (franchisor) permits independent individuals or companies (franchisees) to run businesses using its brand, trademark and business systems. Franchisees will typically pay an initial franchise fee plus ongoing royalties for the rights to use the franchisor's intellectual property and established business methods. Our clients include businesses in the following franchise categories:

  • Restaurants and sports bar
  • Educational services
  • Optical stores
  • Healthcare services
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Hospitality

The hospitality industry provides services in the leisure, travel and tourism sectors. Key sectors we serve within it include:

  • Food and Beverage: Fast food stores, restaurants, sports bars, catering services & cafes.
  • Lodging: Hotels, motels, and vacation rentals.

Healthcare professionals

Healthcare professionals are trained and licensed to provide medical care, services and support to individuals in various health-oriented sectors. They typically work in hospitals, clinics, long-term care facilities and private practices, supporting the health and well-being of Canadians.

  • Physicians
  • Optometrists
  • Psychologists
  • Physiotherapist
  • Nurse Practitioner
  • Registered Massage Therapist
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Consultants

Independent consultant businesses offer specialized expertise, advice and services to clients on a project or contract basis. Most are self-employed. We work with:

  • Management consultants
  • Information technology consultants
  • Marketing & branding consultants, etc.

Private career colleges

Private career colleges provide specialized training and diploma programs to students, developing their skills and knowledge for use in a specific career or profession. Privately owned and operated – as opposed to public universities or community colleges – they focus on providing hands-on, career-oriented education in fields such as business, technology, healthcare, hospitality and the trades. We provide professional services to a range of these organizations in Ontario.

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Personal real estate corporation (PREC)

A PREC is a business structure permitting licensed real estate agents and brokers to incorporate their own businesses in Ontario while working under a brokerage brand. It offers benefits in tax planning, liability protection, as well as potential financial advantages. We provide accounting and tax services to many successful PRECs.

Real estate holding corporations

This form of corporation is created expressly for the purpose of owning, managing and holding real estate properties for income generation, as opposed to property development or sales. Many holding corporations own rental properties and use them as long-term investment and appreciation vehicles. We provide accounting and tax services to a broad range of these corporations.

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eCommerce businesses

eCommerce (electronic commerce) refers to businesses or commercial transactions that occur online. These businesses buy and sell goods or services over the internet via their own websites or through resellers like Amazon, Shopify, etc. We provide a selection of accounting services to various successful eCommerce businesses.

Other Small Businesses

We deliver accounting and tax services to all kinds of small businesses across the GTA. These include professional management of financial records, assistance with tax compliance and advice on business decisions. Our small business clients can benefit in a number of ways from our professional accounting support.

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