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The cannabis industry has gone from back alleys to boardrooms, turning into a multi-billion-dollar powerhouse. With legalization spreading like wildfire, demand is soaring, and opportunities are ripe for the picking. But let’s be real—it’s not all sunshine and smooth sailing. Navigating the legal maze, managing finances, and setting up shop can feel like juggling flaming torches. The good news? If you do your homework and play your cards right, you can carve out a thriving business in this sp...

Businesses constantly look for ways to improve efficiency, reduce costs, and increase productivity. Automation has truly changed how businesses complete normal functions, allowing them to remain competitive. From finance to customer service, automation is changing how businesses operate.Automation in Key Business FunctionsAutomation can now complete many key business functions. Let's have a look at some of them below.Finance and Accounting: Streamlining Accounts PayableOne of the most si...

Managing your business finances can be one of the most demanding and stressful aspects of running a company. Getting to grips with money management is essential for success, but it’s not easy to stay in the black, especially when costs are rising. In this helpful guide, we’ll outline some key steps to solve business finance stresses.Research Tools and SoftwareBusiness accounting is often a lot more complex than managing personal accounts, but there’s a raft of tools and programs available to ...

As a business, it’s often under scrutiny, whether it’s a new company or you’ve been running it for a while now. Being compliant and operating legally will help you sleep a little easier at night as a business owner. Here are some top tips to ensure your business is being run legally and that you don’t run into any trouble as a result.click on the NFT or here to collectRegister your businessFirst and foremost, if you haven’t registered your business yet, do it now. This is something you should...

One of the most common questions businesses face is what tasks to outsource. After all, there are only so many hours in the day, and running a business takes up a lot of time and energy.Photo by Andreas Klassen on UnsplashSo what are some areas where you can outsource?Here Are A Few Suggestions:1. Accounting and bookkeeping:This is one of the most commonly outsourced tasks, as it can be time-consuming and complicated. There are a number of outsourcing companies, such as Xperion that specializ...

SMB IT systems are just as essential as for multinational corporations. It’s almost impossible to do business without IT infrastructure, and even harder to stay competitive. Any new IT system needs time for testing and some investment, but it can save money in the long run. If you haven’t yet taken a step towards a digital overhaul, here are some core functions to consider.Accounting and Payroll SoftwareOne of the most critical processes for any business is financial management. Many large co...

Every business, big or small, strives to maximize investment returns (ROI). A higher ROI indicates the company's more efficient and successful utilization of resources. Today's digital age offers several strategies you can employ to increase ROI - this article will examine them thoroughly.Data-Driven Decision MakingWith today's proliferation of big data, your company's decisions should be informed by accurate and relevant data. Advanced analytics tools provide critical ins...

When you think about starting a business, the first thing that comes to mind is probably coming up with a great idea, building a team, developing a product or service, and so on. But there's another side to starting a business that's often less talked about: the administrative side. This includes things like applying for licenses and permits, securing funding, setting up your accounting and payroll, and creating a marketing strategy. While these may not be the most exciting aspects ...