Clients are easy to find.
By Andrew Hunzicker
Serving the cannabis niche in today’s world is a once-in-a-lifetime event for an accountant, as this industry as it appears is rapidly moving toward federal legalization. The industry is filled with issues and headaches around banking, software, cash management, risk management, merchant services, compliance, continuous regulatory (state, county, city) changes, and last but not the least: accounting.
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In any industry, accountants and bookkeepers are often given the extra roles around insurance, HR, compliance and anything else the CEO doesn’t enjoy. Because most of mainstream accounting is still waiting for federal legalization, this provides a great opportunity for us who want to enter the fastest growing niche in the U.S., with over 10,000 new companies being launched this year alone. So what is so great about serving this niche?
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About the Author
Andrew Hunzicker, CPA, has been a CFO for 20 years, and in 2017 won CFO of the Year Award, runner-up in the State of Oregon – the first ever in the cannabis space.
Ancor Advisors, is a full-service accounting solution for companies in every area of the Industry (farms, labs, dispensaries, processors, manufacturers). Additionally, the company teaches accountants, CPAs, and bookkeepers all around the US how to launch and grow a cannabis accounting firm.
See www.dopecfo.com for more information.Click here for more by Andrew Hunzicker