Handling the paperwork side of starting a business

Step more than one of forming a cannabis dispensary is to form a legal entity; I needed to form an LLC or a caption for my cannabis dispensary, this is so if my cannabis store is getting sued, I won’t be held personally liable, but yup, I absolutely need to do that! So I had no clue where to start on absolutely forming this business. I realized that I am just a marijuana grower. I can tell you about soil, light exposure in addition to how to properly cure cannabis. I know all about LED vs HID lights. I have no clue on what is the difference between an LLC in addition to a corption. I also didn’t know how to form 1. Thankfully there are experts in this field. I found a recreational cannabis consultant that had opened hundreds of cannabis dispensaries before. I had the currency, I just didn’t know how to do the paperwork. The woman basically spoon fed to me how to do an LLC. She got me all set up, registered for state taxes in addition to opened a supplier account in addition to card for me. These were things that I haven’t even considered! When I imagined a dispensary, I was thinking about the products in addition to people laboring for me. I was thinking all about the end result. The nitty gritty to get there is a lot of licensing in addition to paperwork. Thank goodness I hired a gut to make sure I have considered everything in addition to all parts of my dispensary are covered. I now have accurate in addition to detailed accounts set up for tax season. That is something I never would have considered on my own.

 

 

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