Our story began in early 2005 when Mahmud Khalfan, who at the time was a senior tax manager at a large accounting firm, made a bold decision to take the entrepreneurial plunge.
At the time, Mahmud and his wife were expecting their third child. A chance discussion with a colleague suddenly presented a tax consultancy opportunity with a small accounting firm, that offered the potential for him to start his own accounting and tax practice.
While the opportunity of entrepreneurship sounded exciting and promising, the fear of the unknown, coupled with his young and expanding family dynamic, along with the thought of losing a steady well paying six figure income, weighed heavily on Mahmud’s mind. This was not an easy decision to make! Mahmud rationalized his decision very carefully, and came away with the attitude of “what’s the worse that could happen?”. With the whole-hearted support of his family, Mahmud set out on his journey to becoming the first entrepreneur in his family. The rest as they say, is history.
From our humble beginnings, Mahmud worked hard to establish his reputation in the Calgary marketplace. As is common with all start-ups, there were many obstacles and challenges along the way. But, who says that life is a bed of roses? Through hard work and perseverance, Mahmud was able to build his practice organically, one client at a time.
Earlier this year, Khalfans celebrated 15 years since we opened our doors in Calgary, AB. We have grown from a one-person shop to a dynamic team of six staff and counting. Our service offerings have evolved from a boutique tax practice, to a more full-service Accounting, Audit and Tax firm. Our client base has also evolved, and now consists of a diverse range of Owner-Managed Private Enterprises, and not-for-profit organizations, in Calgary and surrounding areas.
As we continue on our journey, we look forward to the opportunity to be of service to you. We are confident that we can deliver exceptional client service, expertise, and value that will help take your organization to the next level.