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Color Code: Yellow
Assigned To: Brandon Moore
Created By: Brandon Moore
Created Date/Time: 11/29/2022 10:26 am
 
Action Status: Blank (new)
Show On The Web: Yes - (public)
Priority: 0
 
Time Id: 9634
Template/Type: Brandon Time
Title/Caption: Adilas Time
Start Date/Time: 12/6/2022 9:00 am
End Date/Time: 12/6/2022 10:00 am
Main Status: Active

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Notes:

Some of the guys were chatting about some of the new happenings and progress with clients and/or demos. Lots of stuff going on all around us. Steve and Sean were talking about the value of a recipe/build type process. The recipes can hold the ingredients and the outputs and then be used over and over again.  Inside of both cultivation processes and production processes, they use the recipe/build processes.

Dealing with recipes - This also includes things for SG&A (selling, general and administrative expenses - aka accounting for general costs by attributing them to a single unit and thus incorporating the true costs into an item). Basically, you take a normal expense like the electric bill or rent and build it into the individual cost of each unit by unitizing the expenses and virtually spreading a bigger general cost to smaller pieces. Sometimes that type of process (SG&A) is required for certain manufacturing and/or production type products. Basically, they (the IRS) don't allow you to expense off the whole expense (rent, insurance, waste, electric, etc.) as a bulk item. It has to be distributed to each smaller piece. If you do real SG&A, it helps assimilate those costs in smaller percentages and thus passing on a truer look at real costs of goods sold. That's the goal.

After the guys finished up on the recipe stuff, John reported on some of his payroll updates that he is doing. He is really helping to tighten things up on the yearend processes for payroll and withholdings. Good stuff. Next, we got into some discussions about projects that get stalled out, why, and how can we help that process (meaning get them all the way finished and into production). Sometimes we have to leave certain projects due to budgets, time, and other demands. Sadly, if you are bootstrapping things (running on a tight budget), you have to follow the dollar sometimes. Even if you really want to do something, you still have to live, eat, sleep, and keep the ship afloat.

We also talked about proactive and reactive maintenance. Once again, sometimes that depends on budgets, time, and other resources. If it's not broken, sometimes we have to leave it alone or deal with it until it either fully breaks or it really needs some help. All part of the game.