How To Make Money in the Cannabis Industry by Offering Accounting and Bookkeeping Services скачать в хорошем качестве

How To Make Money in the Cannabis Industry by Offering Accounting and Bookkeeping Services

Join our Group for Accounting Professionals Looking to Grow Their Business: https://leads.nacatpros.org/420-fb-gr... Cannabis is one of the largest and fastest growing industries in the United States snd just like any other business, these business owners need accountants, bookkeepers, CPAs, and tax preparers. ✅ Navigate the unique challenges of accounting in the cannabis industry. ✅ Learn how to provide essential cleanup services for cannabis businesses. ✅ Understand how to price accounting services effectively for cannabis clients. We dive into the booming cannabis industry and the unique accounting challenges it presents. Due to federal illegality, many large accounting firms avoid the cannabis industry, leaving opportunities for smaller firms to thrive. We discuss the top three services accountants can offer: cleanup services, consulting services, and monthly accounting services. From fixing incorrect chart of accounts to implementing cash controls and managing complex bookkeeping for growing businesses, this tutorial provides a comprehensive guide. We also cover how to price these services to reflect the intensive work involved. Join us to learn how to confidently serve cannabis clients and grow your accounting practice. Notable Questions We Answered: Q: What are the top accounting services needed in the cannabis industry? A: The top services include cleanup services, consulting services such as implementing cash controls, and monthly accounting services to manage growing business needs. Q: How do you price accounting services for cannabis clients? A: Price based on the scope of work required, considering the time and resources needed to perform cleanup and ongoing services, typically ranging from $18,000 to $22,500 for extensive cleanup over a condensed period. Q: What are common issues found in cannabis accounting records? A: Common issues include incorrect chart of accounts, negative cash balances, improperly reported fixed assets, missing inventory, unrecorded debt transactions, and incomplete financial records. Learn more at https://www.nacatpros.org/ Become a certified cannabis bean counter at https://calculatingcannabis.com/ Skip around if you like: 00:00 Intro 01:22 Cleanup Services 01:53 Chart of Accounts 02:39 Balance Sheet Accounts 04:16 Inventory 04:55 Account Reconciliations 05:06 Income Statement 05:55 Cleanup Responsibilities 06:36 Cleanup Pricing 08:21 Consulting Services 10:43 Monthly Accounting Services WHO AM I: Meet Naomi Granger, the only CPA to have been featured in The Wall Street Journal for her unique approach to helping accounting professionals expand their practice to support the legal Cannabis industry. She’s provided her support, consulting, and business development skills to over 600 accounting professionals across the United States. Naomi entered the cannabis industry in 2017 and went from start-up to exceeding $3 million in revenue in just over two years. She’ll guide you to your own solid revenue gains in the highly regulated Cannabis industry with a strong foothold in the market. #CannabisAccounting #CannabisIndustry #AccountingServices #Bookkeeping #CPAServices #TaxPreparation #SmallBusinessAccounting #AccountingTips #CannabisBusiness #AccountingProfessionals If you want to stay in touch: NACAT Pros - https://www.nacatpros.org LinkedIn -   / nacatpros   Facebook -   / nacatpros   Instagram -   / nacatpros   Twitter -   / nacatpros   Or leave a comment, I (try to) answer 100% of comments :)