As a business executive or owner, your time is valuable. The best use of this time and energy is growing your business. However, in order to make sound business decisions, it is critical to have strong financial and accounting systems in place.
Fortunately, the award winning team at Accounting Buds bring tailored solutions to fulfill your finance and accounting needs. A full-service accounting and advisory firm, Accounting Buds gives you access to industry experienced CFO’s, CPA’s and Tax Specialists.
By utilizing Accounting Buds our clients access top-tier finance and accounting personnel in an incredibly cost effective manner!
THE RIGHT FINANCIAL TEAM ISN’T AN EXPENSE; ITS AN INVESTMENT!
SERVICES
BOOKKEPING & ACCOUNTING
Understand where your cash is being spent, see the true economic picture of your business, and have the confidence that your business’ financial records are consistently up to date and kept in accordance with 280e.
• Record transactions into accounting software.
• Perform monthly bank & credit card reconciliations.
• Monthly process to record accruals.
• Prepare basic Profit & Loss and Balance Sheet monthly
FRACTIONAL CFO
Gain strategic insights and leadership with Fractional CFO services. These services connect your business to an experienced Chief Financial Officer who can help your business develop its financial strategy and meet its strategic goals. Not sure how to interpret your financial statements? Need to know how much money you can safely use to repay investors? Need guidance on fundraising strategies? These are just some areas that our experienced cannabis CFO’s can assist. Our CFO’s can also help your business manage budgeting & forecasting, talk to banks/investors, and plan for future growth, expansion, or merger.
Bill Pay
Cannabis businesses, especially dispensaries, can easily become overwhelmed by time and attention needed to ensure invoices are paid on a timely basis. With our Bill Pay process one of our Buds will record all invoices into the books of the company, route all invoices for approval, discuss with management 1-2x/week open accounts payable, and prepare ACH’s in the client’s banking system for management’s approval. Rather than our clients having to worry about the day to day process of paying invoices, we work with client management to maximize cash flow while maintaining positive vendor relationships and prioritizing payments to key critical vendors.
FREQUENTLY ASKED QUESTIONS
Why Should I Use BudsGroup Over An In-House Accountant?
We usually cost a fraction of what you’d pay for in house staff.
Our accountants and CFO’s bring significant experience.
We have up-to-date tools and software.
All engagements have oversight by senior individuals.
Are there setup fees
If your books and records are current, setup fees should be minimal. If your books are behind or messy, we will charge an onboarding fee based on the hours it takes to clean up the past and get your books up to par.
We have up-to-date tools and software.
We go beyond the traditional role of management consulting firms that focus on defining strategic solutions and future paths. At Buds Group we take it a step further. As your trusted partner, we continue to work closely with you through the implementation stage, ensuring a seamless execution of the proposed strategies.
Will You Come To My Business Or Is Everything Remote?
We are located in the New York and New Jersey region. If you are located in this region, we can provide services on-site or virtually. Otherwise, our services will be provided virtually. Regardless of whether the services are provided on-site or virtually, you will always get the same quality service!
We are always open to alternative arrangements, so don’t hesitate to reach out if you want to discuss different options!