BUSINESS GROWTH CONSULTANTS - UTILIZING EXPERT TAX PLANNING AND ACCOUNTING TO OPTIMIZE STRATEGIC GROWTH AND INCREASE CASH FLOW

Specializing in:

Accounting/Bookkeeping
Tax Strategy
Outsourced CFO
Mentoring services
Start-Up structuring
Education

ACCOUNTING, TAX PLANNING AND OUTSOURCED CFO ADVISORY FOR THE LEGAL CANNABIS, CBD AND HEMP INDUSTRIES

PRACTICE AREAS

SERVICE
OFFERINGS

BOOK A CALL!!

BOOKKEEPING

Bookkeeping is more than just entering journal entries, especially in the world of Cannabis It's the foundation of growing your business. Accurate, professional bookkeeping is the launching pad for cash flow management, revenue and expense forecasting and creating an actual plan for strategic growth. Closing each month and year accurately is the first step in generating the financial statements needed to evaluate where your business is.

ACCOUNTING

Once the books are solid and producing accurate financial statements, we can then use those statements to analyze the health of the business, determine various paths to take in order to meet business goals and projections and understand how the timing of those decisions can impact future operations.

TAX PLANNING

Too many small businesses look at taxes through the rear view mirror, only addressing "what they owe". We provide Tax Planning throughout the year, using real time, up to date information to create a "tax plan" that we can modify during the year as things change. Tax Planning eliminates surprises at the end of the year.

TAX CREDIT CONSULTING

Every year businesses miss out on thousands of dollars in tax credits they're entitled to simply because they're not aware they qualify. We've built a reputation of ensuring our clients receive every dollar in credit they deserve. We serve as your Tax Credit Consultant taking care of the entire process.

OUTSOURCED CFO

The cost of hiring a full-time CFO can range from $175,000 to over $480,000 a year. For a fraction of the cost, an Outsourced CFO can manage bank relationships, facilitate weekly meetings, create business forecasting, and monitor/analyze industry KPIs.

Our CFO Bundle service partners you up with a dedicated CFO and a team of virtual accountants who work with you to help guide your business to success. Our service includes more than just basic bookkeeping and accounting; we provide comprehensive financial reporting, forecasting and a variety of tax planning services, ultimately providing the financial peace of mind business owners need.

TRAINING

Some of our clients already have an accounting staff in place or are handling things on their own and aren't ready to outsource these services. Others are in the very beginning stages of operations and don't have enough activity to warrant monthly bookkeeping services....but they still need some help understanding how accounting works. For these businesses, we offer training with periodic reviews as they get up and running. This allows them to keep running lean with the comfort of knowing they have a partner taking a look under the hood to make sure it's all flowing properly.

OUR VISION

OUR MISSION

Veteran Owned: We provide World Class Accounting, Tax Planning, and CFO Advisory Solutions to the Legal Cannabis, CBD and Hemp Industries. We provide Cannabis CEO's the tools they need to make current and strategic decisions related to their organizations, while maintaining strict compliance with federal, state and local regulations. We provide Cannabis-specific Accounting, Strategic Tax Planning, Job Costing and Cash Flow projections to create an Audit-Proof set of books that our clients use as a 'value add' resource to grow their business, comply with federal and state regulations while increasing cash flow.

The institutional scrutiny and labyrinth of regulations facing the Legal Cannabis space can not be unlike any other. The Cannabis Industry will always be under the magnifying glass of Federal and State agencies. We help our clients build world class companies, strategically grow and increase cash flow all while maintaining strict compliance with ever-changing federal and state regulations.

If this sounds like something that could help you or if you’re just not sure if your accounting is being done properly, give us a call to see how we can help.

Thanks for your time and we look forward to speaking with you…

Michael J. Henninger, EA
CEO and Founder

Green Summit Accounting, LLC | "The Cannabis CFO's"