Board Minutes September 2020: Difference between revisions
Board Minutes September 2020 (view source)
Revision as of 02:01, 15 September 2020
, 15 September 2020→Financials - Chris C (10 min)
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** Used parts sales will go down due to lack of DIY bike repairs | ** Used parts sales will go down due to lack of DIY bike repairs | ||
** Expecting to pay more for new parts because it's easier to sell new parts online | ** Expecting to pay more for new parts because it's easier to sell new parts online | ||
** Received significant funds in wage subsidy this year, which has helped the financial situation. | |||
* Expenses | * Expenses | ||
** Hefty accounting costs this year, but hoping this will stabilize over time | ** Hefty accounting costs this year, but hoping this will stabilize over time | ||
** | ** Increase in payroll costs, in line with having additional staff | ||
** Rent is up with new downtown location | |||
'''* Financials to be included as a standing agenda item for upcoming board meetings.''' | '''* Financials to be included as a standing agenda item for upcoming board meetings.''' | ||