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Cannabis Startup Businesses - Set your profit foundations right the first time

Cannabis Startup Businesses - Set your profit foundations right the first time

FromThe Cannabis Business Minds Show


Cannabis Startup Businesses - Set your profit foundations right the first time

FromThe Cannabis Business Minds Show

ratings:
Length:
13 minutes
Released:
Sep 8, 2022
Format:
Podcast episode

Description

If you’re just starting your cannabis business, you want to make sure that you are setting up your profit systems the right way. Profit systems for your cannabis businesses include how you set up your accounting, how you set up your invoicing, and how you manage your cash flow through building and using an operating budget, and who is on your profit team.Poor planning at the very beginning of your business will cost you money later.In this episode, Simone shares what to focus on when building your profit plan for your business. Some major highlights:Getting your legal and admin ducks in a rowBusiness and profit systems to implementGetting clear on your taxesHaving the right people on your teamIf you're interested in learning more about the ins and outs of running a profitable cannabis business, check out THC Accounting.Connect with us on Instagram @cannabisbusinessminds @businesswithsimone.Have any feedback? Shoot us an email at simone@cannabisbusinessminds.com.Support the show
Released:
Sep 8, 2022
Format:
Podcast episode

Titles in the series (100)

On Cannabis Business Minds, Simone Cimiluca-Radzins interviews today's most successful Cannabis entrepreneurs and professionals. If you’re looking for quick, easy, and value added information about doing business in the cannabis industry, then look no more. Each episode of Cannabis Business Minds will provide you valuable tips and insight from industry leaders that you can apply to your own business or career.