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The Disruptors
With Liz Farr
CANNABIS
Pricing Your Cannabis Services
Whether you work with cannabis or CBD/hemp businesses, these 6 steps will guide you.
By Andrew Hunzicker
Properly quoting accounting fees is complicated in any industry, but establishing a pricing policy for the wily cannabis and hemp/CBD niches can be especially challenging and overwhelming.
If you find it hard, or even scary, to price your cannabis and hemp/CBD accounting services without undercutting your value, you are not alone.
MORE: Why Are CEOs So Confused? | Everything You Wanted to Know about Dispensary Accounting but Were Afraid to Ask | 5 Do’s and Don’ts for Cannabis CPA Marketing | Cannabis: THC vs. CBD Critical Differences | 4 Best Things About Being a ‘Dope’ Accountant | 5 Biggest Mistakes Cannabis CEOS Make | Five Secrets to Launching Your Own Cannabis Accounting Firm | Five Reasons Accountants Should Serve Cannabis Clients
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Many accountants struggle with raising their fees beyond low hourly rates. Learning how to
- package your services,
- create clear offers to reflect your value, and
- develop a system for charging appropriately for cleanup, onboarding and ongoing work
will enable you to confidently set your price and find clients who will happily pay it.
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What Cannabis Clients Should Look for in an Accountant
Beware of pricing by phone.
By CPA Trendlines Research
Cannabizcpa.pro
The production and distribution of cannabis is the newest and most variegated industry in America. Some would even say it’s one of the toughest industries in America in which to do business.
MORE ON CANNABIZ: Suchoff Takes Cannabis Accounting Passion National | Why Are CEOs So Confused? | Kareyna Miller Mines Michigan Cannabis Niche | Cannabis: THC vs. CBD Critical Differences | New to Cannabis? Maybe a Joint Venture Is the Answer | Cannabiz Meets Intellectual Property Protection | Green Bits: Helping Cannabis Retailers Stay Compliant | Silver Leaf CBC: An ERP Platform for Cannabis Companies | CohnReznick Goes National on Cannabis
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It’s illegal everywhere yet legal in some places, but not legal the same way in all places. The federal government considers it a Schedule 1 narcotic right up there with heroin and LSD, yet the Internal Revenue Service is perfectly willing to collect taxes on companies that handle the product.
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Suchoff Takes Cannabis Accounting Passion National
She cites the usual complicators: 280E, the dearth of banking services.
By CPA Trendlines Research
Cannabizcpa.pro
Sandy Suchoff’s initial interest in cannabis came when a family member had an immune deficiency condition. The treatments seemed almost as hazardous as the disease itself.
MORE ON CANNABIZ: Why Are CEOs So Confused? | Everything You Wanted to Know about Dispensary Accounting but Were Afraid to Ask | ‘High Times’ at AICPA | CPA Cathro Goes 90% Cannabiz in the Bay State | Why Jax Wheatley Shifted from LBGTQ to Cannabis Clients
Medications came with lists of serious side effects and often conflicted with each other. But from what Suchoff read – and she read a lot – cannabis could do a world of good without threatening harm.
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Why Are CEO Clients So Confused?
You just need to be a little bit of a mind reader.
By Andrew Hunzicker
Cannabizcpa.pro
Why are CEOs so confused about what they want from their bookkeeper, accountant, tax CPA or CFO?
MORE: Everything You Wanted to Know about Dispensary Accounting but Were Afraid to Ask | 5 Do’s and Don’ts for Cannabis CPA Marketing | Cannabis: THC vs. CBD Critical Differences | 4 Best Things About Being a ‘Dope’ Accountant | 5 Biggest Mistakes Cannabis CEOS Make | Five Secrets to Launching Your Own Cannabis Accounting Firm | Five Reasons Accountants Should Serve Cannabis Clients | CPA Andrew Hunzicker Creates Course in Cannabis Accounting
Here’s what they tell me they want: