Who we work with
Finance support for the organizations behind Indigenous businesses.
ProfitPath works with Indigenous Development Corporations and established Indigenous-owned businesses across Western and Northern Canada. We bring hands-on accounting execution and senior financial leadership together, adapting our work to the organization's needs rather than offering a one-size-fits-all CFO package.
Chapter one
Indigenous Development Corporations
Overseeing several operating companies, investments or joint ventures takes more than collecting year-end financial statements.
CEOs and boards need a dependable view of each business, cash requirements, intercompany activity and the group's obligations and opportunities. Complexity can grow faster than the systems and people responsible for the numbers, and catch-up work on reconciliations, intercompany balances and audit schedules can accumulate until a deadline forces a scramble.
How we help
- Catch up and coordinate accounting across entities
- Prepare records, reconciliations and schedules for external audit
- Establish reliable management and board reporting
- Give a clearer view of cash across operating entities
- Provide the financial analysis needed for financing, new ventures and major decisions
Chapter two
Established Indigenous-owned businesses
As a business grows, its bookkeeping and year-end accounting arrangements may no longer provide everything the owner or management team needs. That doesn't always mean it's time to hire a full-time CFO.
Many owners need two things at once: dependable day-to-day bookkeeping and finance operations, and experienced CFO advice when important decisions arise. ProfitPath can provide both together as an ongoing arrangement, without the cost of building a full internal finance department.
Ongoing bookkeeping and CFO support
- Bookkeeping, accounts payable and receivable, and payroll coordination
- Bank reconciliations, a regular month-end close and management reporting
- Cash planning and budgets the owner can act on
- More dependable processes that do not depend on one person
- CFO advice for financing, expansion and major business decisions
Working with your existing team
We can work alongside your bookkeeper, finance staff and external accountant. Some organizations engage us for a defined catch-up or finance-function project. Others need ongoing finance operations and CFO leadership. The starting point is what your organization actually needs.
Where we work
ProfitPath primarily works with Indigenous businesses and Development Corporations across Western and Northern Canada. Much of the work can be delivered remotely, with on-site support discussed when the engagement calls for it.