Financial Strategy

Fractional accounting is a strategic approach that businesses can adopt to achieve rapid growth while effectively managing their financial operations. This method involves outsourcing financial tasks to specialized professionals who …

Fractional accounting services offer numerous benefits to businesses, providing them with a streamlined financial process, time and resource savings, as well as ensuring compliance and accuracy. By utilizing fractional accounting …

Is accounting software for cannabis accounting necessary? Absolutely not. In fact, we recommend our clients keep track of their finances manually as there is still no robust accounting software for cannabis available. …

Curious to learn more about managing accounts receivable in the cannabis sector? You’ve come to the right place! Managing accounts receivable is a crucial aspect of financial management in any sector, and …

Key accounting principles for cannabis businesses can ensure your operation’s success. While they might not guarantee it, understanding these principles will help you make better business decisions. The cannabis industry …

Knowing what expenses your cannabis company can claim on your tax return can be overwhelming without 280E accounting help. Internal Revenue Code 280E states that businesses that engage in the sale of …

Cost segregation is a proven tax planning strategy that the cannabis industry can use to cut down on their income tax liability. For decades, the IRS has challenged this strategy in tax courts, …

Whether you’re considering taking on cannabis clients or currently operating a cannabusinesses, you’re probably wondering what to be aware of bookkeeping for cannabis . This makes sense, especially when considering the fact that …

Despite the fact that the space is still maturing, the legal marijuana industry has captivated many high-profile cannabis angel investors. Several platforms focused on funding these operations have been on the rise, and …

Wondering what a cannabis CFO service entails? You’re in the right place! If you’re visiting this page, you’re likely wondering what a cannabis CFO service entails. As more competition enters the space, it …

Looking for cannabiz accounting advice to expand your share of the legal cannabis industry? You’re not alone! As the cannabis market matures, cannabusinesses are looking for ways to streamline their accounting processes, …

Certified Public Accountant (CPA) firms handle the auditing, accounting, financial, and consulting aspects of nonprofit, private, and public businesses, along with government agencies. These organizations need a minimum of one …

If you’re here, you’re wondering, “What are liabilities in accounting ?” Simply put, liabilities in accounting are the organization’s financial obligations. But what does this mean exactly? Companies have liabilities that …

Operating a cannabis dispensary ? Thinking about dipping your toes in the cannabis industry as a dispensary owner? In this post, we cover everything you should know about operating a successful cannabis …

More often than not, cashing in on the cannabis industry can be tricky, especially when you’re new to this type of business.  It is also very likely that you’ll need …

The California cannabis industry has not come this far without feeling some growing pains. But, besides state law overregulating this industry, even a business operating with California law in mind …

Whether you’ve recently decided to start a cannabis business or have been in the industry for years, raising capital can be one of the most challenging aspects of the entrepreneurial …

Becoming a legal grower or cannabis nursery business operator in Cali might seem like a daunting task, especially if you’ve been making your living as a part of the legacy industry. But while …

The marijuana industry is growing, and there’s no denying cannabis accounting is becoming increasingly important. The space is booming as more laws pass and new companies sprout up every day. …

The CARES Act, an acronym for the Coronavirus Aid, Relief, and Economic Security Act, implemented the Paycheck Protection Program (PPP). But is there an alternative to PPP that applies to …

California cannabis business tax queries continue to roll in as the state continues to regulate this budding industry. This is why we decided to create our California cannabis business tax FAQ. Below, you’ll find …