How to Avoid the “Bad Niche” Trap with Dope CFO
Growing Your Firm | Strategies for Accountants, CPA's, Bookkeepers , and Tax Professionals06/03/21 • 26 min
Cannabis is the #1 growing industry in America, and as such the demand for accounting professionals to help financially manage this type of business has skyrocketed. This is because there are a number of unique and complex accounting challenges that companies in this field must overcome in order to be successful. As such, very few accounting professionals are qualified to take on this type of work. My company, DOPE CFO, provides the education and tools for accountants and financial professionals to enter and succeed in the lucrative cannabis industry (https://www.dopecfo.com/in-the-press). Anyone who is an experienced CPA, CFO, Bookkeeper, Controller or tax professional will find that our “plug and play” solution will allow them to quickly build or grow a successful Cannabis Accounting Firm. I've also been appointed to the AICPA 2021 Cannabis Accounting Conference planning committee. I have provided executive leadership and business counsel to companies across many industries including retail, manufacturing, energy, medical/bio, high tech. Within the last 10 years alone: ►Founder of DOPE CFO, a nationally recognized firm with over 800 accounting firms in all 50 states. ► CFO to two high visibility Cannabis start-ups (both over 20 employees), Hifi Farms and Evio Labs (SGBYD). Also, currently serving cannabis in all verticals (farm, dispensary, retail, lab, processing), in several states ►As Contract CFO to a pharma Startup, I helped grow the company from a staff of 7 to over 50 employees, and exit to a global company for over $24 Million ► As CFO for an energy company, I directed responsibility and oversight of an exit to an S&P 500 company for over $120 Million ►As CFO for a private Startup, I assisted in private equity raise over $40 Million, growing the company from 4 to 200+ employees, and exit with 5 years to an S&P 500 company for $85 Million. ► I've worked as Contract CFO for 2 Oregon Angel Conference Winners and was an investor in two others ► I've assisted a public company as Contract CFO to enter Oregon with a strategy of launching 20 labs in the Pacific Northwest.
06/03/21 • 26 min
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