SlideShare une entreprise Scribd logo
1  sur  2
The Trident Initiative
                                     Fourth Business Roundtable Meeting
                                            April 3, 2006 Minutes

The fourth roundtable meeting of the Trident Initiative was on Monday, April 3, 2006 at the Queen City
Creamery, Cumberland, MD. Present were: Dave Reusing, Donna Reusing, Natasha Li, Avalon Ledong, Rick
Haines, Don Gaster, Diane James, Alex Knizhnik, Faina Knizhnik, Richard Hill, Richard Heavner, Terry
Michels, Steve Nelson, Dr. Keramat Poorsoltan, Dr. Sudhir Singh and Ms. Amy Nazelrod.

Dr. Singh welcomed all and explained the three components making up The Trident Initiative. He noted that the
College of Business is now AACSB accredited. Dr. Singh also announced that while topics for the next two
meetings were set, suggestions on other possible topics for future roundtable meetings are welcome. Topics of
discussion may be an idea or concern related to a particular business or something broader such as the direction
one sees Allegany County moving to in the future.

Participants then introduced themselves and briefly stated their business affiliation, interests, and or concerns.

Dr. Poorsoltan then initiated the discussion on trends of businesses which are growing in Allegany County. He
referenced several points such as the types of businesses growing in the area and demographics of the region.
The group discussed the types of businesses that would likely survive in the area, as well as ways to expand
local business through the internet. Terry Michels commented that retail businesses are prominent in the area
and the majority of these businesses have sites on the internet. Dave Reusing, owner of the Town Hill Bed and
Breakfast, explained that 90% of his business comes from individuals finding the B&B on the internet. Alex
Kniztinik and Faina Knizhnik had expressed their concerns about staying in business. The group suggested
expanding their market by setting up an internet site. The Reusings volunteered to display a piece of Kniztiniks’
work at their Bed and Breakfast. Alex Kniztinik mentioned the lack of support and assistance his business has
received from government officials.

Dr. Poorsoltan then focused on the increase in workforce in Allegany County, while the population has
decreased. There was discussion on possible reasons why this is happening, and where the additional workers
are coming from. Suggestions were made that additional workers are coming from Mineral County, WV. Dr.
Singh solicited thoughts on the perception that Cumberland is viewed by many as the “Prison Capital” of
Maryland. Dr. Poorsoltan mentioned that referring to Cumberland as such will prove to be a self-fulfilling
prophecy and we should avoid labeling our city as a prison capital. Participants expressed the opinion that this
perception may prohibit some people from moving into the area. Also mentioned was the fact that prisoners are
included in the census information for Allegany County, which throws the actual statistics off.

Dr. Poorsoltan solicited the group how they perceive Cumberland and what is a good label for this place. The
group discussed how Cumberland should be addressed, and what Cumberland has been known for. Ideas from
Dave Reusing were the Great Upcoming City, the Friendly City. The group discussed the quality of living that
Cumberland has to offer. Mentioned were the variety of architecture on the downtown mall and Washington
Street, and the various tourism spots. Steve Nelson commented that promoting the area cannot be left to just the
Chamber of Commerce. Citizens of Allegany County and businesses should also promote the area.

Dr. Singh asked for ideas on names of city business leaders or government officials that the group would like to
see invited upcoming roundtable meetings. Steve Nelson suggested Barbara Buehl from the Chamber of
Commerce. Dr. Singh agreed to contact Buehl. Other possibilities are Mayor Lee Fiedler and Mayor Jim Cotton
and Al Feldstein of the Maryland Department of Planning.

Avalon Ledong posed the question of why, when one company comes to the area does one leave? Dr.
Poorsoltan pointed out that it is not just this area. It is a nationwide trend. More and more companies are leaving
the USA. The group then discussed Avalon’s impression of the area being a service area. Richard Heavner
noted that Allegany County is a prime location, that it is seven hours from one-third of the population in the
USA.

Dr. Poorsoltan announced the two-day Trident Initiative conference that will be held at FSU in July. He touched
on the agenda, announced that fliers will be sent and local businesses will be informed. Two entrepreneurs will
be recognized, one young and one established, both with a record of success. The group was encouraged to
think of an individual to nominate who is worthy of such recognition. Dr. Poorsoltan also mentioned the need
for panel members to discuss topics of business at the conference.

The question was raised as to where is all of this leading. Dr. Poorsoltan explained the meetings are to link the
university and businesses together as well as link business to business. This is a chance to network and create
cooperation between businesses. Dr. Singh explained that there are also forums on campus where individuals
can speak and identify issues that they find challenging. With these forums the FSU students are able to
interface and help develop a plan that could be useful and lead to more successful business. Student projects can
be set up to help the local businesses, as well as allow the student to gain experience. Dr. Poorsoltan announced
that his Small Business Management class interviews local entrepreneurs.

Diane James initiated a conversation about the parklets in downtown Cumberland, how Baltimore Street was
closed and how she felt this drove the better, non-chain, businesses out of business. This brought on other ideas
such as how the specialty stores downtown should be open on Saturday evenings and Sunday, how some local
businesses should have two price structures, one for local residents and one for tourists. Dave Reusing
compared the downtown Cumberland area to Annapolis and Lancaster. He noted that locals do not shop at those
areas. Businesses need to know their market and set price structures accordingly.

Richard Hill commented that business can not blame the consumers. He pointed out that no one really knows
the direction of Allegany County. It is necessary to build and sell for a greater amount than it costs to produce in
order to grow. Hill discussed how little industries have to support each other. He gave an example of a town in
Georgia, which was once like Cumberland, but is now booming. Small industries supported each other and
enabled the area to grow. He suggested that businesses should have a good business plan. It was mentioned that
a business plan is something FSU could assist in creating for businesses. Richard Haines suggested a program,
Lean 6 Sigma, which is a program for budgets that has worked very successfully for his business.

Dr. Singh announced that entrepreneurs are needed for the mentoring practicum at FSU. These entrepreneurs
are needed to instruct specific classes. He then discussed the outline of the 12-week practicum course. Week 1:
one-on-one with the student, discussing things such as the aspects of opening a business. Week 2: a shadow
experience. Week 3: putting together the ideas of a business plan. Weeks 4-12: work on the business plan. A
team of entrepreneurs along with faculty are also needed to evaluate the plans. He noted that up to three gifts of
$1,000 are available to the top three business plans for business start up. Dr. Singh then mentioned the web site
for the Trident Initiative that will soon be up and running and that will provide an electronic forum for
discussion of various issues of regional interest.

The meeting was adjourned at 7:50 p.m., followed by a group photo.


Respectfully Submitted,

Amy Nazelrod

Contenu connexe

En vedette

Title Sequence Analysis
Title Sequence AnalysisTitle Sequence Analysis
Title Sequence Analysis
amykirbyy
 
Redes Sociales -Actividad 3
Redes Sociales -Actividad 3 Redes Sociales -Actividad 3
Redes Sociales -Actividad 3
Karenmartinezg
 
1ª jornada encuentros 1ª div. nacional
1ª jornada encuentros 1ª div. nacional1ª jornada encuentros 1ª div. nacional
1ª jornada encuentros 1ª div. nacional
Victoria Ufc
 
Einkaufsassistent Patent Public
Einkaufsassistent Patent PublicEinkaufsassistent Patent Public
Einkaufsassistent Patent Public
Karsten Wysk
 
Menu febrero pdf
Menu febrero pdfMenu febrero pdf
Menu febrero pdf
lasanejas
 
Dit Was 2009 - Sofie Van Hoof
Dit Was 2009 - Sofie Van HoofDit Was 2009 - Sofie Van Hoof
Dit Was 2009 - Sofie Van Hoof
svanhoof
 
Una mirada atrás, 5
Una mirada atrás, 5Una mirada atrás, 5
Una mirada atrás, 5
gamiruela
 

En vedette (15)

Biografias
BiografiasBiografias
Biografias
 
Title Sequence Analysis
Title Sequence AnalysisTitle Sequence Analysis
Title Sequence Analysis
 
A
AA
A
 
Redes Sociales -Actividad 3
Redes Sociales -Actividad 3 Redes Sociales -Actividad 3
Redes Sociales -Actividad 3
 
1ª jornada encuentros 1ª div. nacional
1ª jornada encuentros 1ª div. nacional1ª jornada encuentros 1ª div. nacional
1ª jornada encuentros 1ª div. nacional
 
Neverseez India
Neverseez India Neverseez India
Neverseez India
 
Ole! - Fluggy auf Spanisch für die Linke München - Kommunal Wahl 2014
Ole! - Fluggy auf Spanisch für die Linke München - Kommunal Wahl 2014Ole! - Fluggy auf Spanisch für die Linke München - Kommunal Wahl 2014
Ole! - Fluggy auf Spanisch für die Linke München - Kommunal Wahl 2014
 
La vida en altres temps i ara
La vida en altres temps i araLa vida en altres temps i ara
La vida en altres temps i ara
 
Test
TestTest
Test
 
Einkaufsassistent Patent Public
Einkaufsassistent Patent PublicEinkaufsassistent Patent Public
Einkaufsassistent Patent Public
 
Menu febrero pdf
Menu febrero pdfMenu febrero pdf
Menu febrero pdf
 
Tarea2 03feb
Tarea2  03febTarea2  03feb
Tarea2 03feb
 
Dit Was 2009 - Sofie Van Hoof
Dit Was 2009 - Sofie Van HoofDit Was 2009 - Sofie Van Hoof
Dit Was 2009 - Sofie Van Hoof
 
Una mirada atrás, 5
Una mirada atrás, 5Una mirada atrás, 5
Una mirada atrás, 5
 
Indias monetary policy release
Indias monetary policy release Indias monetary policy release
Indias monetary policy release
 

Similaire à Business roundtable minutes 04 03-06

Custom Essay Writing Services Reviews
Custom Essay Writing Services ReviewsCustom Essay Writing Services Reviews
Custom Essay Writing Services Reviews
kqgcnxejd
 
Essays Against Abortion. Abortion essays - College Homework Help and Online T...
Essays Against Abortion. Abortion essays - College Homework Help and Online T...Essays Against Abortion. Abortion essays - College Homework Help and Online T...
Essays Against Abortion. Abortion essays - College Homework Help and Online T...
Mimi Williams
 
Help Writing College Essay.pdf
Help Writing College Essay.pdfHelp Writing College Essay.pdf
Help Writing College Essay.pdf
Heather Lopez
 

Similaire à Business roundtable minutes 04 03-06 (20)

FREE ValentineS Day Here Are Three Printable Writing
FREE ValentineS Day Here Are Three Printable WritingFREE ValentineS Day Here Are Three Printable Writing
FREE ValentineS Day Here Are Three Printable Writing
 
Custom Essay Writing Services Reviews
Custom Essay Writing Services ReviewsCustom Essay Writing Services Reviews
Custom Essay Writing Services Reviews
 
Business Magazine August 2018
Business Magazine August 2018Business Magazine August 2018
Business Magazine August 2018
 
Essays Against Abortion. Abortion essays - College Homework Help and Online T...
Essays Against Abortion. Abortion essays - College Homework Help and Online T...Essays Against Abortion. Abortion essays - College Homework Help and Online T...
Essays Against Abortion. Abortion essays - College Homework Help and Online T...
 
Cultural Diversity Essay Topics.pdf
Cultural Diversity Essay Topics.pdfCultural Diversity Essay Topics.pdf
Cultural Diversity Essay Topics.pdf
 
Class Notes At Baruch College - OneClass
Class Notes At Baruch College - OneClassClass Notes At Baruch College - OneClass
Class Notes At Baruch College - OneClass
 
English Placement Test Sample Essays
English Placement Test Sample EssaysEnglish Placement Test Sample Essays
English Placement Test Sample Essays
 
Superior Days 2017 Youth Training
Superior Days 2017 Youth TrainingSuperior Days 2017 Youth Training
Superior Days 2017 Youth Training
 
Essay Writing Service Pro Es
Essay Writing Service Pro EsEssay Writing Service Pro Es
Essay Writing Service Pro Es
 
Essay My Mission In Life
Essay My Mission In LifeEssay My Mission In Life
Essay My Mission In Life
 
Help Writing College Essay.pdf
Help Writing College Essay.pdfHelp Writing College Essay.pdf
Help Writing College Essay.pdf
 
Newsday article featuring long island african american chamber of commerce
Newsday article featuring long island african american chamber of commerceNewsday article featuring long island african american chamber of commerce
Newsday article featuring long island african american chamber of commerce
 
All You Need To Know About Sociology Essay Writing Ser
All You Need To Know About Sociology Essay Writing SerAll You Need To Know About Sociology Essay Writing Ser
All You Need To Know About Sociology Essay Writing Ser
 
James growth strategy bm 25.01.16
James growth strategy bm 25.01.16James growth strategy bm 25.01.16
James growth strategy bm 25.01.16
 
HUD Sustainable Communities Learning Network Jobs Convening #SCLNjobs
HUD Sustainable Communities Learning Network Jobs Convening #SCLNjobsHUD Sustainable Communities Learning Network Jobs Convening #SCLNjobs
HUD Sustainable Communities Learning Network Jobs Convening #SCLNjobs
 
REI_Elsberry
REI_ElsberryREI_Elsberry
REI_Elsberry
 
Grade 7 Reflective Essay Composition Writing Skill -
Grade 7 Reflective Essay  Composition Writing Skill -Grade 7 Reflective Essay  Composition Writing Skill -
Grade 7 Reflective Essay Composition Writing Skill -
 
DC Doing Business Guide: 2014/2015 Edition
DC Doing Business Guide: 2014/2015 EditionDC Doing Business Guide: 2014/2015 Edition
DC Doing Business Guide: 2014/2015 Edition
 
Resource Ownership - Christian at VALLEY WORLDS OF FUN
Resource Ownership - Christian at VALLEY WORLDS OF FUNResource Ownership - Christian at VALLEY WORLDS OF FUN
Resource Ownership - Christian at VALLEY WORLDS OF FUN
 
17 Tools Every New Orthodontist Must Know to be Successful
17 Tools Every New Orthodontist Must Know to be Successful17 Tools Every New Orthodontist Must Know to be Successful
17 Tools Every New Orthodontist Must Know to be Successful
 

Dernier

Zirakpur Call GIrls Service✔️ 9915851334 ✔️Call Now Ranveer📲 Zirakpur Escort ...
Zirakpur Call GIrls Service✔️ 9915851334 ✔️Call Now Ranveer📲 Zirakpur Escort ...Zirakpur Call GIrls Service✔️ 9915851334 ✔️Call Now Ranveer📲 Zirakpur Escort ...
Zirakpur Call GIrls Service✔️ 9915851334 ✔️Call Now Ranveer📲 Zirakpur Escort ...
rajveermohali2022
 
Top 20: Best & Hottest Russian Pornstars Right Now (2024) Russian Porn Stars ...
Top 20: Best & Hottest Russian Pornstars Right Now (2024) Russian Porn Stars ...Top 20: Best & Hottest Russian Pornstars Right Now (2024) Russian Porn Stars ...
Top 20: Best & Hottest Russian Pornstars Right Now (2024) Russian Porn Stars ...
minkseocompany
 
Gorgeous Call Girls In Jaipur {9521753030} ❤️VVIP ANKITA Call Girl in Jaipur ...
Gorgeous Call Girls In Jaipur {9521753030} ❤️VVIP ANKITA Call Girl in Jaipur ...Gorgeous Call Girls In Jaipur {9521753030} ❤️VVIP ANKITA Call Girl in Jaipur ...
Gorgeous Call Girls In Jaipur {9521753030} ❤️VVIP ANKITA Call Girl in Jaipur ...
Sheetaleventcompany
 
💚Call Girl In Amritsar 💯Anvi 📲🔝8725944379🔝Amritsar Call Girls No💰Advance Cash...
💚Call Girl In Amritsar 💯Anvi 📲🔝8725944379🔝Amritsar Call Girls No💰Advance Cash...💚Call Girl In Amritsar 💯Anvi 📲🔝8725944379🔝Amritsar Call Girls No💰Advance Cash...
💚Call Girl In Amritsar 💯Anvi 📲🔝8725944379🔝Amritsar Call Girls No💰Advance Cash...
Sheetaleventcompany
 
Zirakpur Call Girls ✅ Just Call ☎ 9878799926☎ Call Girls Service In Mohali Av...
Zirakpur Call Girls ✅ Just Call ☎ 9878799926☎ Call Girls Service In Mohali Av...Zirakpur Call Girls ✅ Just Call ☎ 9878799926☎ Call Girls Service In Mohali Av...
Zirakpur Call Girls ✅ Just Call ☎ 9878799926☎ Call Girls Service In Mohali Av...
rajveerescorts2022
 
Cheap Rate ✨➥9582086666▻✨Call Girls In Gurgaon Sector 10 (Gurgaon)
Cheap Rate ✨➥9582086666▻✨Call Girls In Gurgaon Sector 10 (Gurgaon)Cheap Rate ✨➥9582086666▻✨Call Girls In Gurgaon Sector 10 (Gurgaon)
Cheap Rate ✨➥9582086666▻✨Call Girls In Gurgaon Sector 10 (Gurgaon)
delhi24hrs1
 
Call Girls In Raigad Escorts ☎️8617370543 🔝 💃 Enjoy 24/7 Escort Service Enjoy...
Call Girls In Raigad Escorts ☎️8617370543 🔝 💃 Enjoy 24/7 Escort Service Enjoy...Call Girls In Raigad Escorts ☎️8617370543 🔝 💃 Enjoy 24/7 Escort Service Enjoy...
Call Girls In Raigad Escorts ☎️8617370543 🔝 💃 Enjoy 24/7 Escort Service Enjoy...
Nitya salvi
 

Dernier (20)

UNIVERSAL HUMAN VALUES -Harmony in the Human Being
UNIVERSAL HUMAN VALUES -Harmony in the Human BeingUNIVERSAL HUMAN VALUES -Harmony in the Human Being
UNIVERSAL HUMAN VALUES -Harmony in the Human Being
 
9867746289 - Payal Mehta Book Call Girls in Versova and escort services 24x7
9867746289 - Payal Mehta Book Call Girls in Versova and escort services 24x79867746289 - Payal Mehta Book Call Girls in Versova and escort services 24x7
9867746289 - Payal Mehta Book Call Girls in Versova and escort services 24x7
 
Call Girls In Mumbai Just Genuine Call ☎ 7738596112✅ Call Girl Andheri East P...
Call Girls In Mumbai Just Genuine Call ☎ 7738596112✅ Call Girl Andheri East P...Call Girls In Mumbai Just Genuine Call ☎ 7738596112✅ Call Girl Andheri East P...
Call Girls In Mumbai Just Genuine Call ☎ 7738596112✅ Call Girl Andheri East P...
 
{ Pooja 9892124323 } girls birds call girls netflix funny names to call girls...
{ Pooja 9892124323 } girls birds call girls netflix funny names to call girls...{ Pooja 9892124323 } girls birds call girls netflix funny names to call girls...
{ Pooja 9892124323 } girls birds call girls netflix funny names to call girls...
 
Zirakpur Call GIrls Service✔️ 9915851334 ✔️Call Now Ranveer📲 Zirakpur Escort ...
Zirakpur Call GIrls Service✔️ 9915851334 ✔️Call Now Ranveer📲 Zirakpur Escort ...Zirakpur Call GIrls Service✔️ 9915851334 ✔️Call Now Ranveer📲 Zirakpur Escort ...
Zirakpur Call GIrls Service✔️ 9915851334 ✔️Call Now Ranveer📲 Zirakpur Escort ...
 
gatiin-namaa-meeqa .pdf
gatiin-namaa-meeqa                        .pdfgatiin-namaa-meeqa                        .pdf
gatiin-namaa-meeqa .pdf
 
Yamunanagar Escorts Service Girl ^ 9332606886, WhatsApp Anytime Yamunanagar
Yamunanagar Escorts Service Girl ^ 9332606886, WhatsApp Anytime YamunanagarYamunanagar Escorts Service Girl ^ 9332606886, WhatsApp Anytime Yamunanagar
Yamunanagar Escorts Service Girl ^ 9332606886, WhatsApp Anytime Yamunanagar
 
Top 20: Best & Hottest Russian Pornstars Right Now (2024) Russian Porn Stars ...
Top 20: Best & Hottest Russian Pornstars Right Now (2024) Russian Porn Stars ...Top 20: Best & Hottest Russian Pornstars Right Now (2024) Russian Porn Stars ...
Top 20: Best & Hottest Russian Pornstars Right Now (2024) Russian Porn Stars ...
 
Call girls in Vashi Service 7738596112 Free Delivery 24x7 at Your Doorstep
Call girls in Vashi Service 7738596112 Free Delivery 24x7 at Your DoorstepCall girls in Vashi Service 7738596112 Free Delivery 24x7 at Your Doorstep
Call girls in Vashi Service 7738596112 Free Delivery 24x7 at Your Doorstep
 
Introduction to Fashion Designing for all
Introduction to Fashion Designing for allIntroduction to Fashion Designing for all
Introduction to Fashion Designing for all
 
Call Girls In Jamnagar Escorts ☎️8617370543 🔝 💃 Enjoy 24/7 Escort Service Enj...
Call Girls In Jamnagar Escorts ☎️8617370543 🔝 💃 Enjoy 24/7 Escort Service Enj...Call Girls In Jamnagar Escorts ☎️8617370543 🔝 💃 Enjoy 24/7 Escort Service Enj...
Call Girls In Jamnagar Escorts ☎️8617370543 🔝 💃 Enjoy 24/7 Escort Service Enj...
 
Style Victorious Cute Outfits for Winners
Style Victorious Cute Outfits for WinnersStyle Victorious Cute Outfits for Winners
Style Victorious Cute Outfits for Winners
 
Gorgeous Call Girls In Jaipur {9521753030} ❤️VVIP ANKITA Call Girl in Jaipur ...
Gorgeous Call Girls In Jaipur {9521753030} ❤️VVIP ANKITA Call Girl in Jaipur ...Gorgeous Call Girls In Jaipur {9521753030} ❤️VVIP ANKITA Call Girl in Jaipur ...
Gorgeous Call Girls In Jaipur {9521753030} ❤️VVIP ANKITA Call Girl in Jaipur ...
 
💚Call Girl In Amritsar 💯Anvi 📲🔝8725944379🔝Amritsar Call Girls No💰Advance Cash...
💚Call Girl In Amritsar 💯Anvi 📲🔝8725944379🔝Amritsar Call Girls No💰Advance Cash...💚Call Girl In Amritsar 💯Anvi 📲🔝8725944379🔝Amritsar Call Girls No💰Advance Cash...
💚Call Girl In Amritsar 💯Anvi 📲🔝8725944379🔝Amritsar Call Girls No💰Advance Cash...
 
Zirakpur Call Girls ✅ Just Call ☎ 9878799926☎ Call Girls Service In Mohali Av...
Zirakpur Call Girls ✅ Just Call ☎ 9878799926☎ Call Girls Service In Mohali Av...Zirakpur Call Girls ✅ Just Call ☎ 9878799926☎ Call Girls Service In Mohali Av...
Zirakpur Call Girls ✅ Just Call ☎ 9878799926☎ Call Girls Service In Mohali Av...
 
Cheap Rate ✨➥9582086666▻✨Call Girls In Gurgaon Sector 10 (Gurgaon)
Cheap Rate ✨➥9582086666▻✨Call Girls In Gurgaon Sector 10 (Gurgaon)Cheap Rate ✨➥9582086666▻✨Call Girls In Gurgaon Sector 10 (Gurgaon)
Cheap Rate ✨➥9582086666▻✨Call Girls In Gurgaon Sector 10 (Gurgaon)
 
Payal Mehta 9867746289, Escorts Service Near The Taj Mahal Palace Colaba
Payal Mehta 9867746289, Escorts Service Near The Taj Mahal Palace ColabaPayal Mehta 9867746289, Escorts Service Near The Taj Mahal Palace Colaba
Payal Mehta 9867746289, Escorts Service Near The Taj Mahal Palace Colaba
 
Top 10 Moisturising Cream Brands In India - Stelon Biotech
Top 10 Moisturising Cream Brands In India - Stelon BiotechTop 10 Moisturising Cream Brands In India - Stelon Biotech
Top 10 Moisturising Cream Brands In India - Stelon Biotech
 
Tumkur Escorts Service Girl ^ 9332606886, WhatsApp Anytime Tumkur
Tumkur Escorts Service Girl ^ 9332606886, WhatsApp Anytime TumkurTumkur Escorts Service Girl ^ 9332606886, WhatsApp Anytime Tumkur
Tumkur Escorts Service Girl ^ 9332606886, WhatsApp Anytime Tumkur
 
Call Girls In Raigad Escorts ☎️8617370543 🔝 💃 Enjoy 24/7 Escort Service Enjoy...
Call Girls In Raigad Escorts ☎️8617370543 🔝 💃 Enjoy 24/7 Escort Service Enjoy...Call Girls In Raigad Escorts ☎️8617370543 🔝 💃 Enjoy 24/7 Escort Service Enjoy...
Call Girls In Raigad Escorts ☎️8617370543 🔝 💃 Enjoy 24/7 Escort Service Enjoy...
 

Business roundtable minutes 04 03-06

  • 1. The Trident Initiative Fourth Business Roundtable Meeting April 3, 2006 Minutes The fourth roundtable meeting of the Trident Initiative was on Monday, April 3, 2006 at the Queen City Creamery, Cumberland, MD. Present were: Dave Reusing, Donna Reusing, Natasha Li, Avalon Ledong, Rick Haines, Don Gaster, Diane James, Alex Knizhnik, Faina Knizhnik, Richard Hill, Richard Heavner, Terry Michels, Steve Nelson, Dr. Keramat Poorsoltan, Dr. Sudhir Singh and Ms. Amy Nazelrod. Dr. Singh welcomed all and explained the three components making up The Trident Initiative. He noted that the College of Business is now AACSB accredited. Dr. Singh also announced that while topics for the next two meetings were set, suggestions on other possible topics for future roundtable meetings are welcome. Topics of discussion may be an idea or concern related to a particular business or something broader such as the direction one sees Allegany County moving to in the future. Participants then introduced themselves and briefly stated their business affiliation, interests, and or concerns. Dr. Poorsoltan then initiated the discussion on trends of businesses which are growing in Allegany County. He referenced several points such as the types of businesses growing in the area and demographics of the region. The group discussed the types of businesses that would likely survive in the area, as well as ways to expand local business through the internet. Terry Michels commented that retail businesses are prominent in the area and the majority of these businesses have sites on the internet. Dave Reusing, owner of the Town Hill Bed and Breakfast, explained that 90% of his business comes from individuals finding the B&B on the internet. Alex Kniztinik and Faina Knizhnik had expressed their concerns about staying in business. The group suggested expanding their market by setting up an internet site. The Reusings volunteered to display a piece of Kniztiniks’ work at their Bed and Breakfast. Alex Kniztinik mentioned the lack of support and assistance his business has received from government officials. Dr. Poorsoltan then focused on the increase in workforce in Allegany County, while the population has decreased. There was discussion on possible reasons why this is happening, and where the additional workers are coming from. Suggestions were made that additional workers are coming from Mineral County, WV. Dr. Singh solicited thoughts on the perception that Cumberland is viewed by many as the “Prison Capital” of Maryland. Dr. Poorsoltan mentioned that referring to Cumberland as such will prove to be a self-fulfilling prophecy and we should avoid labeling our city as a prison capital. Participants expressed the opinion that this perception may prohibit some people from moving into the area. Also mentioned was the fact that prisoners are included in the census information for Allegany County, which throws the actual statistics off. Dr. Poorsoltan solicited the group how they perceive Cumberland and what is a good label for this place. The group discussed how Cumberland should be addressed, and what Cumberland has been known for. Ideas from Dave Reusing were the Great Upcoming City, the Friendly City. The group discussed the quality of living that Cumberland has to offer. Mentioned were the variety of architecture on the downtown mall and Washington Street, and the various tourism spots. Steve Nelson commented that promoting the area cannot be left to just the Chamber of Commerce. Citizens of Allegany County and businesses should also promote the area. Dr. Singh asked for ideas on names of city business leaders or government officials that the group would like to see invited upcoming roundtable meetings. Steve Nelson suggested Barbara Buehl from the Chamber of Commerce. Dr. Singh agreed to contact Buehl. Other possibilities are Mayor Lee Fiedler and Mayor Jim Cotton and Al Feldstein of the Maryland Department of Planning. Avalon Ledong posed the question of why, when one company comes to the area does one leave? Dr. Poorsoltan pointed out that it is not just this area. It is a nationwide trend. More and more companies are leaving the USA. The group then discussed Avalon’s impression of the area being a service area. Richard Heavner
  • 2. noted that Allegany County is a prime location, that it is seven hours from one-third of the population in the USA. Dr. Poorsoltan announced the two-day Trident Initiative conference that will be held at FSU in July. He touched on the agenda, announced that fliers will be sent and local businesses will be informed. Two entrepreneurs will be recognized, one young and one established, both with a record of success. The group was encouraged to think of an individual to nominate who is worthy of such recognition. Dr. Poorsoltan also mentioned the need for panel members to discuss topics of business at the conference. The question was raised as to where is all of this leading. Dr. Poorsoltan explained the meetings are to link the university and businesses together as well as link business to business. This is a chance to network and create cooperation between businesses. Dr. Singh explained that there are also forums on campus where individuals can speak and identify issues that they find challenging. With these forums the FSU students are able to interface and help develop a plan that could be useful and lead to more successful business. Student projects can be set up to help the local businesses, as well as allow the student to gain experience. Dr. Poorsoltan announced that his Small Business Management class interviews local entrepreneurs. Diane James initiated a conversation about the parklets in downtown Cumberland, how Baltimore Street was closed and how she felt this drove the better, non-chain, businesses out of business. This brought on other ideas such as how the specialty stores downtown should be open on Saturday evenings and Sunday, how some local businesses should have two price structures, one for local residents and one for tourists. Dave Reusing compared the downtown Cumberland area to Annapolis and Lancaster. He noted that locals do not shop at those areas. Businesses need to know their market and set price structures accordingly. Richard Hill commented that business can not blame the consumers. He pointed out that no one really knows the direction of Allegany County. It is necessary to build and sell for a greater amount than it costs to produce in order to grow. Hill discussed how little industries have to support each other. He gave an example of a town in Georgia, which was once like Cumberland, but is now booming. Small industries supported each other and enabled the area to grow. He suggested that businesses should have a good business plan. It was mentioned that a business plan is something FSU could assist in creating for businesses. Richard Haines suggested a program, Lean 6 Sigma, which is a program for budgets that has worked very successfully for his business. Dr. Singh announced that entrepreneurs are needed for the mentoring practicum at FSU. These entrepreneurs are needed to instruct specific classes. He then discussed the outline of the 12-week practicum course. Week 1: one-on-one with the student, discussing things such as the aspects of opening a business. Week 2: a shadow experience. Week 3: putting together the ideas of a business plan. Weeks 4-12: work on the business plan. A team of entrepreneurs along with faculty are also needed to evaluate the plans. He noted that up to three gifts of $1,000 are available to the top three business plans for business start up. Dr. Singh then mentioned the web site for the Trident Initiative that will soon be up and running and that will provide an electronic forum for discussion of various issues of regional interest. The meeting was adjourned at 7:50 p.m., followed by a group photo. Respectfully Submitted, Amy Nazelrod