June Meeting Minutes

Lewisville-Clemmons Chamber of Commerce

General Meeting

June 11, 2013


Jorge Vidal opened the June general meeting and welcomed chamber members and guests.

A motion was made by Maggie Moe to accept the minutes from the May meeting.  Claudia Page seconded the motion.  All chamber members agreed and the minutes were approved.

Tim Miller with Simply Southern Cuisine spoke about his new restaurant opening.  The new location is 12201 N NC Highway 150, Suite 2, Winston Salem.  He offered a 10 percent discount to chamber members today only.  For more information please visit his website at:  www.mysimplysouthern.com.

Jorge then introduced Rob Jones with Wells Fargo.  He gave a presentation on the following:

  • “Maximizing Cash Flow:  Funding from Within”
  • Traditional sources of funding versus funding from within (maximizing Cash Flow)
  • How Cash Conversion Cycle is measured
  • Receivables – Identifying “float” and how to shrink it
  • Payables – Considerations for maximizing  days payable
  • Case Study – “veiled” real-life examples of how one company was able to better fund their operation from within, and bottom line impact to the company

Wells Fargo then gave away a $100 gift certificate to The Portrait Gallery.  The door prize winner was Cheri Malek with Vienna Village Assisted Living.

Jorge thanked Wells Fargo and Rob Jones for his presentation.

Jorge then gave an introduction of Megan Ledbetter, Village Planner.  She gave a presentation on the Village of Clemmons and the proposed overlay district.  Her presentation can be found on our website at www.lewisville-clemmons.com.  Please look under the tab News/Chamber News.

Gary Looper, Village Manager, said they would like to hold small group discussions regarding the overlay district.  An e-mail will be sent to the chamber members with possible meeting dates.

Jorge thanked Megan and the Village Council members.  He said that chamber members need to get involved and stay informed about what is happening in Clemmons.

Claudia Page, VP of Meetings and Events, spoke about the July 9th general chamber meeting.  It will have Wake Forest Baptist Health as our Spotlight Speaker and Mac and Nelli’s will be the caterer.  On July 17th Hospice and Palliative Care Center will host a Business after Hours event.  The Winston-Salem and Kernersville chambers will also be invited.

Joanna Lyall, Vice Chair, gave an update on Clemmons Community Day.  She said the event came in under the $20,000 budget.  She said the relationship with the Jerry Long YMCA will continue next year.  She then thanked everyone who helped and participated with this day.

Next, Dana Bryson, VP of Economic Development gave a presentation on the economic development in this area.  Her information can be found on our website at:  www.lewisville-clemmons.com.  Please look under the tab News/Chamber News.

Jorge thanked the Vice Presidents for their reports.

Next, door prizes were handed out.

Meeting was adjourned.

Next meeting will be July 9, 2013.

Thank you to our Sponsor and Corporate Members

Broyhill Office Suites  – Clemmons Courier – Comtech Solutions – Costco – Dickson Interactive – Ds2 Creative – First Community Bank – Flex Pay Payroll Services – Forsyth Country Day School – Hayworth Miller Funeral Home – Novant Health – Piedmont Triad Computer Consulting – The Law Offices of Timothy Wellborn – The Meadowbrook House – The Portrait Gallery – Vienna Village Assisted Living – Wake Forest Baptist Health – Wells Fargo – Winston Salem Journal/Journal West