Dylan YoungIt’s not easy to start and manage a business. First, you’ll have to come up with a great idea, then you’ll have to worry about the finances and the logistics. Not to mention, you also have to think about other things, like maybe hiring a marketing agency.
With so much on your plate, it’s easy to feel overwhelmed and lost. But you know what helps? Hiring a business consultant. Getting advice from an expert goes a long way!
If you’re feeling a road bump in your business venture, book an appointment with the best business consulting firms in Toronto ASAP!
How much does a business consulting firm cost in Toronto?
Usually, a business consulting firm in Toronto charges between C$25 and C$49 per hour. That said, if you’re planning a long-term partnership, you might be able to negotiate a package with a fixed monthly fee instead of the per-hour fees.
How We Chose
Maxwell Small Business Consulting
Address: 46 Cayuga Ave, York
Operating Hours:
- Monday to Friday—9 am to 6 pm
- Saturday—10 am to 3 pm
Contact Number: +14167284169
As you can guess from the name, Maxwell Small Business Consulting (MSBC) mostly has small businesses in their clientele. This firm helps small businesses improve their profit levels.
The array of services offered here is impressive. Profitability analysis is the most popular service, but they also have accountants who can help with mortgage financing and refinancing, and debt consolidation. They can even help you with web design!
What I like most about this firm is that Max, the owner, is incredibly patient with his clients. The first time I came here, I was a newbie who was so intimidated by all the jargon, but Max took the time to walk me through the whole tax filing process.
I also appreciate how quick he is to respond. I have sent him many emails and texts—a lot of them are simple questions—and he always replied. Because of this, I feel at ease with him, like I’m not alone in this endeavour.
The pricing here is fair, generally speaking, though their profitability analysis is a bit pricey (between C$950 and C$1,250). Fortunately, you can book a free consultation before committing to this service.
Customer Reviews
Knowledgeable and patient
“Max was great in helping me with my first corporate tax filing in Canada. I was feeling overwhelmed by all the requirements and paperwork, but Max made the entire process smooth and stress-free. He was knowledgeable and patient in explaining everything in a way that made sense to me. Thanks to Max, I feel confident that everything was handled correctly. I plan to reach out to him for next year’s filing and recommend his services to any small business owner looking for tax support.”
- Natasha Muslih, Google Review
Breaks down complex concepts seamlessly
“Max is a superb accountant! He helped me file my corporate taxes for the last two years (2022/2023) seamlessly and was willing to explain any bit of information I didn’t know. He broke difficult concepts down into easy-to-understand language and I’d consider his professionalism and service 10/10! Highly recommend him.”
- Nima Shahi, Google Review
Satori Consulting Inc.
Address: 1 Yonge St #202A
Operating Hours: Monday to Friday—8 am to 4 pm
Contact Number: +19056270555
Satori Consulting Inc. has worked with entrepreneurs from different industries all over the world, so they’re quite experienced in the field of consulting. Since the firm has many locations in Canada, you have access to an impressive network of consultants.
Clients commend the lineup of services. Their business consulting alone has many options; you can book one for strategic planning, or maybe you’d like to focus solely on improving customer service.
In addition to business strategies, Satori also offers services in levelling up your governance and leadership skills.
Another thing that people love about this firm is that the team genuinely builds real relationships with them. The consultants are truly invested in the success of your company.
This Toronto outlet of this firm is also conveniently located in Harbourfront. There are subway stations and bus stops nearby, and if you prefer to drive, you can find several parking lots in the area.
I have to say that this firm is more appropriate for mid-size to large businesses. Small businesses might find the services too complex or the prices too high here.
Customer Reviews
Engaging facilitators
“Sandi did a great job supporting our team through the OGSM model – we ended up with a clear plan and sense of direction for the year. In a follow-up session, we were able to roll the plan down into goals for each senior leader and then have further refined that into team goals. Sandi is an engaging facilitator who uses tools and her experience to push you into achieving what you need. She’s also a lot of fun and we really enjoyed our session.”
- H L, Google Review
Well-prepared and effective facilitator
“Sandi recently facilitated our Board and Management strategic planning session. She was a well-prepared, effective facilitator – navigating through some challenging conversations. We received excellent notes and documents shortly after, that will be extremely useful for us in continuing our planning.”
- Marg Torrance, Google Review
SRJ Chartered Accountants
Address: 20 Adelaide St E #920
Operating Hours: Monday to Friday—8 am to 7 pm
Contact Number: +16477252537
If you’re a doctor with your own clinic, then SRJ Chartered Accountants is the firm for you. This firm specializes in the healthcare industry, after all.
But doctors aren’t their only clients. They’ve also worked with lawyers, real estate agents, tech companies, e-commerce businesses, and start-ups. Even small businesses are welcome here as well!
The services here are focused on the financial and litigious sides of business, which is a bit of a bummer for people who need to consult about marketing strategies.
Still, if you need help with taxes, bookkeeping, and litigation, SRJ is the one to call.
The team’s top-notch communication is another thing that clients love. One client shared that he had a lot of questions regarding Canadian tax, and his accountant was always quick to respond with a clear, comprehensive explanation.
However, do take note that they get busy during tax season, which might negatively affect customer service. One client ranted about how he kept trying to reach out, but despite the promises of calling back, no one did. It was frustrating.
Customer Reviews
Sharp and reliable team
“These guys are absolute pros when it comes to accounting and tax. Super sharp, reliable, and always willing to roll up their sleeves and dive into the details. They’re not just about numbers — they bring real strategic insight to the table, helping across everything from business structure to investments and beyond. Highly recommend if you want a team that actually adds value. Have worked closely with Shayan and Arif over the years across a variety of needs, including complex structuring advice.”
- Zamir Javer, Google Review
Professional and efficient service
“I am thrilled to share my outstanding experience with SRJ Accountants! Their exceptional service has been invaluable in managing my business taxes, providing me with peace of mind and confidence in my financial health. A special shout-out goes to Christine, who has been an incredible support throughout the process. Her expertise, responsiveness, and dedication to ensuring every detail is handled meticulously have made all the difference. From the initial consultation to the final submission, the team at SRJ has demonstrated professionalism, efficiency, and a genuine commitment to their clients. Whether you’re a small business owner or need personal accounting assistance, I highly recommend SRJ Accountants for all your accounting needs. Thank you, Christine and the entire SRJ team, for your exceptional service!”
- Bavly Kost, Google Review
Slalom Consulting
Address: 85 Richmond St W #500, Richmond-Adelaide Center
Operating Hours: Monday to Friday—8 am to 5 pm
Contact Number: +16472650528
Slalom Consulting is located inside the Richmond-Adelaide Center, which is near the Toronto City Hall, so you won’t struggle to find it. There’s also a tram stop nearby, making it easy to get to via public transportation.
The services are focused on strategy and data, so you can book them for gathering data, analyzing it, and coming up with a strategy based on that. They also offer AI services like machine learning and intelligent products to upscale your business.
Because of Slalom’s extensive network of consultants, they have served clients in all sorts of industries—from tech companies to retailers to manufacturers to healthcare. They’ve even worked with federal and national government bodies!
One of their clients, the Multnomah County, praised Slalom’s data professionals. The county’s IT portfolio manager said the data professionals managed to transform their manual processes into a robust, analytics-focused data mart, which was impressive.
However, since Slalom is a globally known consulting firm, they tend to get fully booked fast. Plus, their rates are on the higher end, making them perfect for established businesses that want to expand their reach.
Customer Reviews
Knowledgeable people
“Beautiful well-furnished office with a great view. Awesome and very knowledgeable people in a variety of expertise.”
- Farhan M, Google Review
Focus on delivering tangible results
“Slalom hires the best and brightest Information Management and application Engineering consultants and focuses on delivering tangible, real results.”
- Michael Wies, Google Review
Nuages Consulting Inc.
Address: 100 King St W #5700, First Canadian Place
Operating Hours: Monday to Friday—9 am to 5 pm
Contact Number: +14164771324
Nestled right at the heart of Old Toronto, Nuages Consulting Inc. is best known for their tax and accounting services, but they also have a slew of business services, such as strategy planning, market trend analysis, and cash flow management.
If you’re not sure what services you might need for your business, you can schedule a consultation in which you’ll provide your relevant documents to an expert, who will then discuss your situation. This consultation is free, by the way!
Unfortunately, this free consultation only lasts for 15 minutes, which I feel like isn’t enough time. But if you prepare your documents and questions in advance, I’m sure you can make it work.
If you do decide to go with them, the expert will provide a personalized strategy for you, designed after analyzing internal and external data and tailored to your business’s needs.
Clients love working with the consultants here, especially Gloria. Clients told me that Gloria goes out of her way to explain things (usually tax-related) thoroughly, which new business owners appreciate. She’s also patient, making clients feel at ease.
Customer Reviews
Top-notch communication
“Gloria at Nuages Consulting Inc is incredibly efficient and professional, walking me through every step of the process with ease. Her communication is top-notch—clear, concise and timely. Gloria took the extra time to conduct a final review to ensure that I fully understood everything. It’s rare to find someone who combines such expertise with exceptional customer service. I highly recommend Gloria to anyone looking for an outstanding accountant.”
- Kimberly Fraser, Google Review
Professional and efficient team
“Excellent service! I was facing some challenges with my taxes, but Gloria made the entire process seamless. She was professional, efficient, and incredibly helpful with my filing. I highly recommend Nuages to anyone in need of tax assistance!”
- Elton Thomas, Google Review
