Episode 49: Unpacking the PBC (Prepared By Client) Checklist -- and How to Start Any Client Off on the Right Foot

Before you can ever set highly valuable services in place for Cannabis clients--even before the cleanup phase--you need a solid onboarding process. And no effective onboarding process is complete without the Prepared By Client (PBC) checklist.

You can think of the PBC list like the blueprint for your future relationship with the client and the services you will provide. If a carpenter tried to build a house without a blueprint, that house would not have correct dimensions, structure, or electrical installation, turning it into a franken-house full of problems that may lean on one side, is not up to code (and therefore not safe to inhabit), and may crumble to the ground within months. Basically, you would just never build a house without a blueprint.

And you shouldn’t build up a client’s accounting system and processes without the PBC. This document helps you avoid finding leases three months in that you didn’t know existed, or incorrectly prepared tax returns.

A proper PBC will save you hours of back-tracking and will pack your services with added value from the very beginning.

Listen in to Episode 49 of our podcast as DOPE CFO founder Andrew Hunzicker, CPA, unpacks each part of the PBC to help you get a handle on what should be in this essential onboarding document.

Key aspects of the PBC he’ll discuss include:

Why the PBC is so important: from implementing a proper cleanup, to creating a perpetual data room, to leaving a permanent audit trail to keep your client efficiently compliant, you’ll learn why the PBC is elemental to proper accounting (and the frustrating mess you could make for you and your client if you skip this crucial engagement step).

Parts of the PBC: learn each component in a comprehensive PBC checklist and how to request these documents from your client (along with at which point you need the checklist and why the timing of requesting these documents is so important).

Unleashing the immediate value of the PBC: discover why a complete PBC adds instant value to the services you offer your client (and why this ‘checkup’ on permanent files will save you many hours of work in the long run).

And more!

Want more great tips and insider advice on the Cannabis and CBD/hemp accounting niches?  For more info on the DOPE CFO program, text DOPECFO to 345345 for our free Cannabis Accounting Guide. For more great tips and soundbites on Cannabis accounting and bookkeeping, make sure you subscribe today to our podcast.

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