Our Services

Out Sourced CFO

Have you ever thought about hiring a full-time CFO or Controller but don’t feel you can afford it? Are you concerned your current CFO isn't looking forward and helping to boost your valuation?

Do you get caught off-guard by unexpected cash needs and wonder why you don't have reliable cash flow forecasting?

Are you questioning whether or not your books are correct and complete? Are you concerned about a potential IRS audit?

If you answered “yes”, to any of these questions, we can help. Hiring an out-sourced CFO can be an inexpensive solution to hiring a full time Controller, Accounting Supervisor, or CFO. The skills we can bring to your company are much broader than one full-time position, which means you can be at ease knowing your financials are reviewed for accuracy, produced timely, and that you also have access to additional services such as: strategic planning, budgeting and modeling, startup and exit services, internal controls, capital sourcing, mergers and acquisition support, and a liaison with your audit, and legal support.

Serving clients across the United States

Services

CFO Services & Capital Advisory

Financial Planning & Analysis: Monitor your profit margins and cash flow, analyze your strengths and weaknesses with KPIs and analytics that focus on the drivers of your business. Create supportable Financial Projections in support of raising capital
Monthly Financial Reporting: Prepare monthly GAAP financial statements including account reconciliations and audit ready tie-outs, general ledger review, perform month end cost accounting entries to assist with 280E compliance
Planning: Reporting and advice to support growth by providing deep insights into all aspects of efficiency, utilization and profitability
Capital Advisory/Fundraising: Advice on seeking equity to help grown your business and help establish and manage banking relationships

Accounting & Bookkeeping

Bookkeeping: Manage daily transactions, month end close, and high level financial statements
Payroll: Submit payroll to third party provider and transfer information into accounting files
Legally Required Corporate Documentation: Coordination/Liaison with your outside auditor to help ensure efficient financial audits

Strategic Tax Planning & Compliance

Federal Taxes: Preparation and filing of business and personal tax returns
Internal Controls: Assist with design and implementation of a system of internal controls
Local Taxes: Compliance with local and state tax laws such as excise and sales tax

Start Up & Exit Support

Set up Accounting & Software Systems: Set up internal control policies/procedures and a cannabis specific chart of accounts to get you ready for correct cost accounting which is the basis for tax preparation and planning
Capital Sourcing: Create a pitch deck for investors and lenders. Coordinate with attorneys and investment bankers to choose the right capital raise structure. Lease vs. Buy analysis for equipment purchases and banking solutions
Insurance: Help manage unique risks in cannabis industry and access to insurance market place
Due diligence & Negotiation: We will set you up with a state of the art data room so that investors and lenders can easily access your documents. This also includes creating supportable and well documented financial forecasts
Purchase Price & Valuation Issues: Ultimately our goal is to set you up with rock solid accounting, internal controls, and tax compliance so that you can focus on growing your market share which will lead to higher valuations

Investor Relations

Quarterly Earnings Calls: Quarterly earnings Conference Call materials (e.g. PowerPoint, Conference Call Script, Q&A Prep, and strategic communication)
Relationship Management: Answer questions from investors and help forecast and maintain covenant compliance