Things to Consider When Planning Your Prefab Grow Room Design

Grow Room DesignSo, you’ve made the most important decision in your path towards growing cannabis: You have decided to grow indoors, with a modular, prefabricated custom grow room. Rest assured, you have made an excellent choice. Amidst the many options for cannabis growing, an operation of this sort is by-far the most controlled, safe, and efficient. With a contained, air-tight, light-tight grow room, you won’t have to worry about any of the problems which normally plague cannabis growers: molds, mites, variations in temperature and humidity, nutrient deficiencies, light leaks, and others. You have chosen the path that will minimize all of these risks, and will maximize your yields and bud quality. If you’re clever enough to have seen that this is the best option, hopefully you have also recognized the next obvious intelligent choice, which is to get your modular grow room installed by a producer who will customize your grow room design to your personal needs and preferences.

So, where do you go from here? Although a quality company will help you with every step of the design process, there are some things to keep in mind, that will help you be ready to begin planning with whatever provider you decide upon. By taking these things into consideration, and having the requisite information at-the-ready, you will minimize the time it takes to get your grow room designed and installed properly. While a professional, modular prefab grow room certainly does minimize your risks, there are still costly mistakes which can be made. To stay a step ahead of the game and be as prepared as you can be, here are a few questions you should be taking into consideration.

Where will you be installing your grow room? Will it be in a garage, or an attic? If so, there may be more temperature variation than there would be in a more insulated room, especially in the winter. Ultimately, your grow room will control for this, but it may end up requiring more power to do so, which is important to keep in mind when you’re planning your costs. If you grow in a room that is more protected from the weather, it will be more efficient. How much more efficient, compared to other factors, will have to be taken into consideration. For instance, if an attic is the only discrete location you have, then it may be worth the extra costs in electricity to keep it warm in the winter, or cool in the Summer. Or, you may want to invest in some insulation.

What will be the dimensions of your grow room? The horizontal square footage of your space will determine how many plants you’ll be able to grow, and therefore, can give you a rough idea of how productive it will be. Additionally, the height of the grow room will determine how tall your plants can get. Are you planning to primarily grow indica, or sativa? This will be an important factor in how tall you will need your grow room to be, because sativa plants generally get much taller than indica, so you will need a taller grow room if you want to grow sativa. If you’re unsure, or think you may do both, it would probably be better to go with a taller room, with height-adjustable lights. Also, if the overall square footage of your grow room is smaller, then variables such as heat, humidity, and temperature will have to be monitored much more closely.

How critical is discretion, in your grow? If you live in a rural area, and are growing in a barn on your property, discretion may be less of a concern, and you may not want to invest as much in odor eliminators. If you live in an apartment building, on the other hand, you will very likely want to take every measure you possibly can to minimize any indication that you are growing cannabis. One of the best ways of doing this is charcoal air filters, which should be offered by your grow room provider. Additional measures can also be taken, such as placing odor neutralizers, such as ONA gel within the vicinity of your grow room, which will eliminate any odors which escape the charcoal filters.

A related question is, what are going to be the power and water needs of your grow room? This question is important not only for discretion, since authorities do monitor water and electricity usage to locate growers, but also purely from a logistical standpoint. Fans, air conditioning, lights, all of these things use a lot of electricity. Is your home or growing space equipped to handle the often sizable electrical requirements of a grow room? This is important information to know, before you can even be sure that you are able to grow, at all. The wattage potential of electrical systems have to be able to handle the power load of several grow lights, and other equipment. Your grow room designer should be able to help you figure this out, but you can save time by finding out yourself what your home or space is capable of supporting, and having the information at-the-ready.

Growing cannabis can be a daunting and delicate endeavor, filled with potential pitfalls, but also has an enormous payoff. Hopefully, with this information, you can be a little bit better informed in preparation for your grow room design process, so you can be ready to start producing your cash crop with as little complication as possible. Happy growing!

Getting a 401k Audit

Retirement is on the minds of many Americans today. As a whole, the country is getting older, and one of the largest generations ever is reaching retirement age in droves. Many of them, as with those just starting out, are going to rely on a 401k to take care of them in the post-work life. A 401k is a beneficial tool that allows employees to contribute a percentage of their pay to special retirement investment account, pre-tax. Taxes will be paid eventually, but not until much later, when the money is withdrawn during retirement. Many firms will actually offer to match employee contributions as a benefit, which can be a huge advantage for employees.

Business AdvisorsGenerally, a 401k account’s funds will be distributed across a variety of different investments. In turn, risks are minimized and the plan is offered more stability. Funds may be invested in mutual funds, stocks, bonds, or one of a wide variety of other options. Usually the company managing the plan will have a plan administrator in charge of selecting investments and overseeing the plan in general. Many CPA services offer this type of function, and it is often offered as part of a comprehensive accounting package.

Certain 401k plans will require a yearly audit. This is mandated by the Internal Revenue Service and simply cannot be avoided. Plans that require mandatory audits or those designated as ‘Large’, which are plans consisting of 100 or more participants. The audit cannot be handled by a company in-house, an independent account firm must be in charge. Of course the firm auditing the plan wants to see that it meets government regulation standards, but they are also taking a look at the plan as a whole. Important documents and plan description and details will be examined at length. The CPA firm will then provide a report to the company managing the plan, assessing where it stands in terms of clearly presenting the important aspects of the plan and its stability to plan participants.

It is essential that 401k plans do not cross any lines and strictly adhere to government guidelines and regulations. Additionally, 401k plans must follow standards laid out at their inception. Accounting firms tasked with 401k audits must be particular and examine all details of the plan quite closely. There is no room for error when it comes to audits. When it comes down to it, people depend on their 401k accounts to allow them to retire at a reasonable age and still enjoy their lives.

During the audit process, an accounting firm must take several questions into consideration. The process must be thorough, and answering a few common questions ensures nothing is left to chance. Let’s look at a few of the questions now:

  • Have there been an ERISA-prohibited transactions?
  • Are all eligible employees allowed equal access to the plan?
  • Are accounts stated accurately?
  • Are payments applied correctly every time?
  • Are tax issues identified and take care of?
  • Are assets being assigned correct values?

These are just a few of the questions that the best CPA firms will ask during a 401k audit. Participants deserve a retirement options that is safe, secure, and stable, and 401k audits help make this a fact. Many 401k plans are going to pass an audit, but there are still benefits from the process. An audit by an excellent firm can easily show a company areas where their plan might be improved. This can help maximize the benefits for employees, in turn increasing company morale. Remember, a company does not have to wait until its 401k plan reaches 100 participants to have an audit. Smart companies are paying for audits well before their 401k plan is denoted as ‘Large.’ It just makes sense.

A 401k plan audit requires quite a bit of preparation from the company who oversees or manages the plan. Many documents will need to be gathered and provided to the firm in charge of the audit. These documents include, but are not limited to, IRS determination and documentation, executed 401k plan documents and amendments, summary plan descriptions, and notes of any material modifications. Of course the accounting firm overseeing the audit will be to provide a more comprehensive list of the necessary documents.

401k plans that are classified as ‘Large’, those with 100 or more participants, have to have audits filed with them when a company’s taxes are filed. The IRS means business when it comes to 401k accounts, and wants to make sure they are being handled properly. The CPA firm in charge of carrying out the audit should be experienced, dedicated, and knowledgeable about 401ks. It’s clear why the IRS requires an independent firm handles the audit, since it’s the only way to get an unbiased evaluation of the plan.

Even if an audit isn’t required because a company’s 401k plan has under 100 participants, it’s a wise idea to have one. As a company grows the participants in the plan will slow creep towards 100, and if a company is already prepared when audits become mandatory, things go a lot smoother. It’s easy to get things working properly when they’re small, then scale up as necessary.┬áThe same is true for 401k plans.