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Put A Systematic Approach Forward To Sell Your Cannabis Business

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Marijuana industry has many legal rules and regulations to be followed. Selling cannabis business involves more than just sending out a news release looking for buyers. A good sales plan is needed to be in place. Good accounting and bookkeeping are primary needs of cannabis business.

Many cannabis businesses do not take the accounting formally. Due diligence and auditing is needed for the business, requiring hiring of a firm to conduct bookkeeping, cross-referencing, and conduct other regulatory work for the businesses’ bank account.

If you deal in this industry, then treat the company like any other and create divisions inside the company like the HR, Accounts and others which keep a check on the complete company. While leading and managing the company, a complete protocol should be followed. For instance if someone is getting fired, follow the protocol of the company and document everything.

Documents act as a support system for the company in case of legal issues. There is a lot of litigation in the industry currently. Things that seem small can create bigger problems in future especially for a company operating cannabis business.

Press releases will invite all types of people. Most of whom will be unlikely suitors. So instead of the releases, if you want to sell a cannabis business, then target the sellers who are interested in this like private equity companies and family offices instead of going to the open market.

Create a list of all potential buyers meeting all the standards in Washington state and then market the business specifically to them. The press release can be sent privately and people can be further notified about all the information once they sign a NDA (nondisclosure agreement). This will make the selling professional and systematic.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

Branden Condy Is Here to Leave a Legacy

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Branden Condy is a true innovator. He has made a fortune from scratch, and his influence keeps growing. Apart from amassing hundreds of thousands of loyal supporters who he is happy to mentor, the entrepreneur wants to leave a legacy that will serve as a powerful inspiration for those who choose to follow in his footsteps.

Condy’s story is a classic rags-to-riches saga. He grew up with almost nothing. He did several odd jobs, such as cleaning cars, bartending, and working as a boat boy. “I did what I had to do to make ends meet. I didn’t particularly enjoy doing those jobs, but I had to eat,” he says. Soon enough, Branden realized that he needed to completely reject the status quo and pave his own way to financial freedom.

He began studying the online space and eventually founded his online store on Amazon. “Amazon Automation was huge for me. It works on a drop-shipping principle, and it allows you to sell thousands of products to billions of people around the globe. Once you gain traction and your store takes off, the sky’s the limit. You are literally making money while you sleep, and I can’t think of anything better than that,” Condy says.

He went from a bartender to an Instagram influencer and a business owner in just 45 days. While his story is surreal, it is definitely something that can realistically be accomplished with the right mindset. This is why Branden wants to leave a legacy of motivation and knowledge to aspiring entrepreneurs who can dramatically transform their lives, much like he did.

“I want to be remembered as someone worthy of respect. And the best way to be respected is to provide value. Life is a two-way street, and if you want people to follow you, you have to give them a good reason to,” he shares.

For Condy, everything starts with confidence. He firmly believes that every new entrepreneur, or every person for that matter, needs to believe in themselves first. Then, they need to formulate a strategy that would take them where they need to go. Finally, they have to assemble a skilled team around themselves. “I can’t stress this enough: having a team around you is key. I could never grow my business as fast as I am if I didn’t have a team of dedicated and motivated people around me,” says Branden.

“I’m focused on helping people reach their full potential. I see countless Millennials on Instagram, for example, who complain about the economy. Yes, the economy is unpredictable, but you need to learn the basic principles that will help you withstand any and all changes. I want to motivate people in different areas. Working out and taking care of their health, building a business, developing their own personal style, and helping them feel more confident, this is what I’m trying to leave behind as my legacy,” he says.

His tips have been received exceptionally well. He has over 250,000 followers on Instagram alone, and that number keeps growing. People identify with Branden’s authenticity. He is someone who has been through the struggle and overcame it. Each piece of content that he shares is focused on spreading this message. If he had to choose one simple message to share with the world, the entrepreneur would go for “bet on yourself,” as he wants people to step into their power and realize their potential.

For more news, updates, tips, and motivation from Branden Condy, follow him on Instagram.

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