King Business Solutions

What King Business Solutions does

King Business Solutions Inc. is a private Canadian professional services firm headquartered in Leduc, Alberta, founded in 2009 by Melissa Lenos as King Accounting Solutions and rebranded in 2022 to reflect its expanded service portfolio. The firm delivers bundled back-office services to small and medium-sized businesses across Canada, with operational presence in Alberta (Leduc and Sherwood Park), Manitoba, and British Columbia. Its core offerings are organized into four interconnected service lines — Bookkeeping (full-cycle data entry, reconciliations, cheque writing), Accounting (corporate and personal tax, financial statements, partnership returns, and government farm income programs), Payroll (end-to-end processing including CRA reporting on T4/T4A/T5/T5018 forms and ROE submissions), and Human Resources (recruitment, onboarding, performance management, and policy development) — augmented by Xero implementation/managed services and the King Business Solutions Centre (office, boardroom, virtual address, and document services).

The firm's technology foundation is built entirely on third-party cloud platforms rather than proprietary systems: Xero (L2 Certified), QuickBooks Online (ProAdvisor Elite), Hubdoc (Advanced Partner and Bill.com Guru), Wagepoint (Certified Partner for payroll), AgExpert (Certified Trainer for agricultural accounting), Helcim (payment processing), and Float (expense automation). These integrations are leveraged to deliver managed services and software implementation revenue rather than sold as standalone products. The firm generates revenue through professional services billing, with pricing not publicly disclosed and clients directed to personalized quotes. Its go-to-market is sales-led, relying on personalized consultations, advisory-partner referrals (accountants, financial advisors, lawyers), SEO/content marketing through the Royal Report blog, and direct outreach via multi-province phone lines.

Ownership remains concentrated with the two founding partners (Melissa Lenos and Stephanie Enders, who joined as Partner in August 2022). The firm has no disclosed external funding, operates with 1-10 employees, and serves a horizontal mix of SMB, owner-managed, and agricultural clients with a notable specialization in farm accounting through AgriStability/AgriInvest program expertise. Revenue is not publicly disclosed and no enterprise anchor clients are evident from the available evidence.

Name

King Business Solutions

Legal name

King Business Solutions Inc.

Website

https://kingsolutions.ca

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

King Business Solutions is a Canadian private professional services firm in Leduc, Alberta that provides bookkeeping, accounting, payroll, HR, and business support services to small and medium-sized businesses across Alberta, Manitoba, and British Columbia, with a specialization in agricultural accounting.

Ownership category

akta.pro rank

Product category

Accounting & Bookkeeping Services

NAICS

Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Office Administrative Services (56111)

SIC

Services-Miscellaneous Business Services (7380), Services-Help Supply Services (7363)

akta.pro primary industry

Accounting & Bookkeeping Services (BPAHABAC)

Keywords

• Bookkeeping services
• Accounting services
• Payroll processing
• Human resources consulting
• Small business support

Headquarters

HQ city

Leduc

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Bookkeeping Services: Full-cycle bookkeeping services including writing cheques, processing payments, bank and credit card reconciliations, deposits, and all data entry. Services can be performed at client business or from KBS office.
2. Accounting Services: Full-service accounting including corporate tax returns, financial statements, personal tax, government farm income programs (AgriStability, AgriInvest), and partnership returns. CPA specializing in agriculture and owner-managed businesses.
3. Payroll Services: Managed payroll processing including payments, ROE web submissions, CRA reporting (T4, T4A, T5, T5018), employee benefit reconciliations, and compliance assistance.
4. Human Resource Solutions: HR consulting including recruitment, interviews and selection, employee onboarding and training, performance management, job descriptions, policy and procedure writing and implementation.
5. Business Centre Services: Flexible office and boardroom rentals, virtual address and mail solutions, document solutions (faxing, printing, copying, scanning, shredding).

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

King Business Solutions provides full-cycle bookkeeping, accounting, payroll, human resources, and related business support services to small and medium-sized businesses across Canada. The firm also offers Xero implementation services and physical workspace rentals through its Business Centre.

Product overview

King Business Solutions (KBS) is a professional services firm offering a bundled suite of back-office business support services for small and medium-sized enterprises across Canada. The core portfolio consists of four interrelated service lines — Bookkeeping Solutions (full-cycle bookkeeping, the foundational financial-record layer), Accounting Solutions (corporate and personal tax, financial statements, farm income programs, delivered by a CPA with 20+ years of experience), Payroll Solutions (end-to-end payroll management with CRA compliance, optionally through Wagepoint), and Human Resource Solutions (recruitment, onboarding, performance management, policy development). These core services are complemented by Xero Services (software implementation and managed support for Xero accounting software) and the King Business Solutions Centre (physical workspace and document services operated through a sister facility). Services are tailored to each client's needs and are designed to interconnect — bookkeeping feeds accounting, payroll integrates with Xero, and the business centre provides physical infrastructure for document-heavy operations.

Differentiator

Problem solved

Functional benefit

Products and services

• Bookkeeping Solutions
• Accounting Solutions
• Payroll Solutions
• Human Resource Solutions
• Xero Services
• King Business Solutions Centre

Quantifiable outcome

• Nearly five years of ongoing client relationship demonstrating long-term value delivery
• +1 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration14 records

Feature4 records

Partnerships

Seven partnerships are on record, tiered core.

• XerocoreTechnology or IntegrationXero L2 Certified Professional partnership providing online accounting software implementation and support. KBS helps clients run their business on Xero's cloud-based accounting platform including bank connections, invoicing, bill payment, reconciliation, and reporting.
• WagepointcoreTechnology or IntegrationWagepoint Certified Partner providing payroll solutions. KBS integrates with Wagepoint to offer automated payroll processing and HR software management for small businesses.
• HubdoccoreTechnology or IntegrationHubdoc Certified Partner (Xero Partner, Advanced Partner) providing financial document import and data extraction services. Certifications include Bill.com Guru and QuickBooks Online Sales Tax.
• QuickBookscoreTechnology or IntegrationQuickBooks Certified ProAdvisor Elite status providing certified support and implementation of QuickBooks Online solutions. Multiple advanced certifications held.
• AgExpertcoreTechnology or IntegrationAgExpert Certified Trainer for agricultural accounting software. Specialized in farm accounting with AgriStability and AgriInvest program expertise.
• Certified Professional Bookkeepers of Canada (CPB)coreOthersProfessional membership and certification body for bookkeepers in Canada. CPB designation held by team members.
• Canadian Payroll Association (CPA)coreOthersProfessional membership and certification body for payroll professionals in Canada. Payroll Compliance Professional (PCP) certification offered.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Wave Financial: Canadian-founded (Toronto) cloud accounting, invoicing, and payroll software specifically built for SMBs and sole proprietors — same Canadian SMB target market and adjacent bookkeeping/payroll functionality that competes with KBS's service lines.
• Bench Accounting: Canadian-founded SMB-focused online bookkeeping firm offering monthly bookkeeping, financial reporting, and tax support — same core customer (small businesses) and service (bookkeeping) as KBS, though delivered via a tech-led subscription model at much larger scale.
• Pilot.com: Tech-enabled bookkeeping, accounting, and CFO services for SMBs and startups. Highly comparable service bundle (bookkeeping + accounting + advisory) targeting the same small-business buyer, with overlapping reliance on QuickBooks/Xero platforms.
• Xendoo: Subscription bookkeeping and accounting service for small businesses, with cloud-platform integrations (Xero, QuickBooks). Comparable bundled monthly-bookkeeping-plus-accounting model for the SMB segment.
• 1-800Accountant: U.S.-based accounting, bookkeeping, payroll, and tax services firm targeting SMBs and entrepreneurs. Closely comparable multi-line service offering and SMB customer base, though operating at much larger national scale.

Emerging players

• Botkeeper: AI- and human-assisted bookkeeping service for SMBs and accounting firms. Targets the same small-business bookkeeping market and increasingly competes for the implementation-and-managed-services layer that KBS monetizes.
• FreshBooks: Toronto-based cloud accounting and invoicing platform aimed at service-based small businesses and freelancers. Adjacent rather than direct — competes with KBS by enabling clients to self-serve bookkeeping — and targets the same Canadian SMB buyer.

Broad incumbents

• KPMG Canada: Big Four firm in Canada with SMB and owner-managed business services across accounting, tax, payroll, and HR-adjacent advisory. Overlaps with KBS at the lower end of its client base and competes for the same owner-manager wallet.
• MNP LLP: One of Canada's largest mid-market accounting and advisory firms with a strong Western Canada presence and dedicated agriculture practice. Competes for the same SMB and farm-business clients KBS serves, but at far greater scale and breadth.

Others

• BDO Canada:

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/king-business-solutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about King Business Solutions