Hemp Industry Daily offers calculator to help businesses plan way out of pandemic
Industrial Hemp NewsMarijuana Laws, Regulations, & Politics April 17, 2020 MJ Shareholders 0
Hemp Industry Daily is providing a free calculator intended to help cannabis companies forecast their financial performance based on different revenue assumptions during the current economic tumult.
The tool is designed to provide a snapshot of how a prolonged pandemic situation – or some other variable – might affect a business:
- If revenue drops 20%, for example, will your company remain profitable?
- If your company sells more product, will costs begin to overrun profits?
- If employees are given a 10% pay increase, what is the impact on the bottom line?
It involves downloading the free Excel spreadsheet, then inputting your data. The spreadsheet does the math for you.
Hemp Industry Daily’s full list of resources for cannabis businesses is available here.
Subscribe to our Newsletter
.LV_validation_message{ font-weight:bold; margin: 0 0 0 5px; } .LV_valid{ color:#00CC00; display:none; } .LV_invalid{ color:#CC0000; font-size:10px; } .LV_valid_field, input.LV_valid_field:hover, input.LV_valid_field:active, textarea.LV_valid_field:hover, textarea.LV_valid_field:active { outline: 1px solid #00CC00; } .LV_invalid_field, input.LV_invalid_field:hover, input.LV_invalid_field:active, textarea.LV_invalid_field:hover, textarea.LV_invalid_field:active { outline: 1px solid #CC0000; }
MJ Shareholders
MJShareholders.com is the largest dedicated financial network and leading corporate communications firm serving the legal cannabis industry. Our network aims to connect public marijuana companies with these focused cannabis audiences across the US and Canada that are critical for growth: Short and long term cannabis investors Active funding sources Mainstream media Business leaders Cannabis consumers
No comments so far.
Be first to leave comment below.