Financial Operations Insights, Guides, and Tools
Proper Tax and Accounting Treatment for Gift Cards and Package Credits
Wellness and longevity clinics operate on a different business model than most healthcare organizations. With retail, lifestyle, diagnostics, and health services under a single umbrella, deferred revenue is the norm. And while recurring payments from memberships and subscriptions can provide sustainable income, they come with some complexities.
Longevity Clinic Accounting: What to Track Weekly (Revenue, COGS, Provider Pay, Cash)
Longevity clinics are a unique aspect of healthcare, combining personalized wellness and premium services that don’t resemble your typical medical practice. Most clinics offer a hybrid mix of memberships, a la carte treatments, diagnostics, and performance-enhancing services.
Tax Accounting for Cannabis Businesses: Navigate 280E, Maximize Deductions, and Stay Audit-Ready
The cannabis industry is booming, but success does not happen without considerable sacrifice. Proper tax accounting practices are essential to ensure you maximize allowable deductions under IRC 280E and have audit-ready books.
Top 5 Financial Mistakes NY Dispensaries Make (and How to Fix Them)
Running a NY dispensary? Don’t let these 5 common financial mistakes kill your profits or trigger an audit. From 280E missteps to messy inventory, we break it all down—and show you how to fix it.
The AP Process: A Step-by-Step Guide to Accounts Payable
Your Accounts Payable process makes all the difference in ensuring your business finances are in order. Staying on top of AP means you’re never behind on bills or payments, helping you build trust with your suppliers and ensuring strong vendor relationships.
7 Innovative Ways to Improve Cannabis Cash Flow
If your cannabis or hemp operation’s cash flow could use a little reinvention we’ve got a few creative tips to help you move it in the right direction.
