In this not-to-be missed episode, Guillermo connects with George Jage, Cofounder and CEO of MJ Unpacked—one of the industry’s most well-known and best-attended conferences. George discusses complexities of the cannabis industry, including pricing, profitability, and branding. The conversation details the evolution of cannabis consumption, the emergence of fast-acting products, and the significance of social settings in product development. Guillermo and George conclude with the challenges of advertising, the need for industry collaboration, and the potential effects of regulatory changes on i ..read more

When determining a business’s value, it may be tempting to turn to an industry valuation “rule of thumb” because it’s quick, easy to understand and inexpensive. Relying on an industry rule of thumb can lead to a significant over- or understated value, increasing the risk of poor and even costly decisions. Relying solely on a rule of thumb is one of the most common shortcuts untrained valuation practitioners use. In short, rules of thumb fail to reflect a business’s unique characteristics. What are Valuation Rules of Thumb? Rules of thumb in the context of business valuation, such as applying a ..read more

Wednesday, June 5 at 10:00 am CT Join advisors from the Startup and Entrepreneurial Services team to discuss findings from the inaugural Anders Startup Funding and Outlook Survey Report  The St. Louis startup community is growing, putting the region on track to become another powerful startup hub for the country. To continue that trajectory, it’s essential to check in on the startup ecosystem to help determine if pain points have developed into larger obstacles that impede the region’s growth. The Anders Startup Funding and Outlook Survey Report polled area startups and funding sources t ..read more

The cannabis industry is at a very critical point as the recommendation and legal procedures needed to reschedule marijuana could have a massive impact on the taxation and profitability of legal cannabis. The biggest challenges for most small and independent industry players are taxation and competition, with most finding it tough to get out of the 1-3 year start-up phase. We recently sat down with Aaron Smith, cannabis policy expert and founder of the National Cannabis Industry Association (NCIA), to learn more about what implications this rescheduling could have for small and independent can ..read more

Jeanne Dee, CPA/CGMA, audit and assurance partner at Anders, will be honored by the University of Missouri – St. Louis at the Salute to Business Achievement Awards. The award recognizes UMSL Business graduates who’ve made outstanding contributions to their community, profession and the university. Honorees are selected by leadership in the College of Business and the Alumni Association’s College of Business Alumni Chapter. Once inducted, each honoree will be added to the Salute to Business Circle of Excellence, which includes 82 past award recipients. The annual awards presentation is hosted b ..read more

Thursday, June 27 The post Counting on Your Future: Exploring the World of Accounting and Advisory appeared first on Anders CPA ..read more

As a service-based profession, law firms have to keep a careful eye on their production metrics: That means understanding how busy their people are but also how efficient. Under the umbrella of production metrics, we have several Key Performance Indicators that partners can use to gauge the success of their firm at any point in time. But we refer to them as ‘levers,’ because we want to empower firm owners to think about the ways they can ‘pull’ these non-financial metrics to boost their profitability. Let’s take a look at how production metrics work, as they relate to hourly billing firms. Lev ..read more

The University of Missouri’s Robert J. Trulaske, Sr. College of Business faculty have selected Daniel K. Schindler, CPA, Tax Partner at Anders CPAs + Advisors, as a recipient of the Recent Alumni Achievement Award for 2024. The award recognizes the professional accomplishments and outstanding volunteer support from alumni who received their degrees in the last 15 years.  Selection criteria for the award include active involvement with the college through advisory boards or other collaborative activities; professional accomplishments early in their career and a demonstration of leadership ..read more

University of Missouri alumnus and longtime supporter Craig Campbell, CPA/CGMA, Tax Partner at Anders CPAs + Advisors, was selected as a Citation of Merit recipient for 2024 by the University of Missouri’s Robert J. Trulaske, Sr. College of Business. This represents the most prestigious award that the college bestows.   As a recipient, Craig joins a list of distinguished alumni and friends of the college who have made significant and lasting impacts on their industries, their communities and Trulaske. Up to 10 Trulaske College of Business Citations of Merit are awarded annually by fa ..read more

Aaron Smith, CEO of the National Cannabis Industry Association (NCIA), joins Guillermo to discuss the impact of potential federal policy changes on the cannabis industry, focusing on the benefits of rescheduling cannabis from schedule 1 to schedule 3. They address the tax challenges under the current classification and the importance of FDA guidance for state-legal cannabis businesses. Aaron calls for industry engagement in policymaking, including lobbying for retroactive tax relief for payments made under tax code 280E. “One of the biggest issues facing the industry is IRS tax code 280E, wh ..read more