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MEETING 25/08

Black Habits Project


25 AUGUST 2020 / 7:30 PM - PM / GOOGLE MEET


ATTENDEES

Shani Charles, Nadine Levy, Sam Ross, Chauncey Downer-Hincks


AGENDA

Last Meeting Follow-up

  1. N/A

New Business


Bank Account Nadine— 7 mins

  • Bank account must be done in person

  • Up to three authorized signatories (checks, etc)

  • Monthly fee of six dollars

  • Every transaction is charged

  • 55+ transactions ($1)

  • No minimum balance required

  • Bank of Nova Scotia

  • Articles of association/ bi-laws

  • Registrations number in order to take donations

  • Are reports required in regards to the registration number?

  • Right Size Account for business:

  • This would be the best option for us right now.

  • Monthly fee is $6.00

  • No minimum balance required

  • Each transaction is charged (visit: https://www.scotiabank.com/ca/en/small-business/business-banking/business-bank-accounts/right-size-account-for-business.html)

  • There is another account for charities. It has a $3.00 monthly fee and a few other perks (https://www.scotiabank.com/ca/en/small-business/business-banking/business-bank-accounts/scotia-community-account-plan.html). We can always switch to that option once we have the CRA Registration# setup.

Updates Shani— 36 mins

  • Set up info email account for Black Habits ($6usd per account)

  • Work hub starting at $1700, dedicated desk $730

  • Four person office $2800

  • Office 146 - one month free / 20% off

  • Dedicated desk (not private)

  • One person office ($550/month)

  • Hot desk ($430/month)

  • Space to grow, possibility for office upgrade

  • Month to month ($59)

  • Yearly membership ($49)

  • Apply for start-up grant

  • Website almost complete, finishing touches

Questions, comments, concerns 3 mins

  • Liability insurance

NOTES

  • Different types of start up grants


DECISIONS

  • Start looking into start up grants and how to apply

  • Proceed with 146, decide on option

  • One general email


ACTION ITEMS

  1. NADINE: write short bio

  2. SAM: write short bio, by-laws (2020-28-08) by 9 PM

  3. SHANI: look into liability insurance, continue with the website development

  4. CHAUNCEY: finalize notes (2020-08-25), write short bio


SIGNATURES

Nadine Levy

______________________________________

Nadine Levy



Samantha Ross

______________________________________

Sam Ross




Shani Charles ________________________

Shani Charles




Chauncey DH

______________________________________

Chauncey Downer-Hincks





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