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How to Do Cannabis Cultivation Business Planning for Growth

Up and Running

In this article, you will learn how to build a successful business plan for your cannabis grow operation. You’ll follow these simple steps: Create a Business Plan. Create a business plan and strategy for your cannabis cultivation company. Think through potential costs you might incur. Find funding .

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How to Form a Corporation

Up and Running

Having both will add cost, but they should also add significant peace of mind to your work throughout this process. Having these experienced brains reviewing your business plan can help ensure you don’t waste time and money on what is really a cool hobby or rewarding social venture masquerading as a great business idea.

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How to Minimize the Red Tape and Taxes of a Startup

Startup Professionals Musings

One of the first questions that I get from many entrepreneurs is “How should I set up my company to minimize my setup costs, tax liabilities, and risk of lawsuits?” If you aren’t so sure, need something fast, or need to keep your costs low, then an LLC is the best legal and taxable entity to facilitate your startup.

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8 Reasons To Incorporate Your New Company Early

Startup Professionals Musings

It’s very easy and inexpensive to set up online a Limited Liability Company (LLC) for the startup, which will allow you to track business costs, cash and taxes correctly -- no matter what happens. Liability for initial setbacks or lawsuits needs to business versus personal. Founder’s stock may be taxed at time of incorporation.

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How to Expand Your Cannabis Business Across State Lines

Up and Running

Be it Colorado, Nevada, or Florida, you would see the same folks competing for the same overpriced buildings and getting overcharged by the same law firms; we started sympathizing with each other after a while. . Make sure to think outside the box about your business plan. . Assuming you’ve written one, poke holes in it.