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| Tags: running, yes |
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#1
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Frank Camaratta has resigned from the USCF Executive Board over the
decision by the board to "outsource" the books and equipment business. I believe that the decision to outsource the books and equipment business is a major mistake which may well be the death knell of the USCF. Over the last 65 years that the USCF has been in business, the only consistently profitable area has been the sale of books and equipment. Without that business, it is doubtful that the USCF could have survived. Therefore, I announce that I am a candidate for election for the seat vacated by Frank Camaratta. My number one plank is that the books and equipment business should be reinstated. Sam Sloan |
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#2
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#4
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If the USCF is making money from B&E, why would they outsource it? Bad
management If the USCF is losing money from B&E while others (ChessCafe, Chess House, etc) are making money, bad management again. Do we see a trend here? Geoff "Sam Sloan" wrote in message ... Frank Camaratta has resigned from the USCF Executive Board over the decision by the board to "outsource" the books and equipment business. I believe that the decision to outsource the books and equipment business is a major mistake which may well be the death knell of the USCF. Over the last 65 years that the USCF has been in business, the only consistently profitable area has been the sale of books and equipment. Without that business, it is doubtful that the USCF could have survived. Therefore, I announce that I am a candidate for election for the seat vacated by Frank Camaratta. My number one plank is that the books and equipment business should be reinstated. Sam Sloan |
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#5
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"Geoff" wrote in message
. net... If the USCF is making money from B&E, why would they outsource it? Bad management Wow. You really haven't been paying attention. If the USCF is losing money from B&E while others (ChessCafe, Chess House, etc) are making money, bad management again. One for two ain't bad. Do we see a trend here? Geoff Yes, but not due to your "revelations." Regards, Matt |
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#6
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"Paul Rubin" wrote in message ... (Sam Sloan) writes: Over the last 65 years that the USCF has been in business, the only consistently profitable area has been the sale of books and equipment. What makes you think it's been profitable, especially in the past few years? The outsourcing seems to be motivated by some very justified disbelief in the bull**** numbers coming out of the office claiming that B&E is profitable. It seems almost impossible to tell for sure what the real situation is, but some pretty financially savvy folks who have looked at it closely have come to the conclusion that B&E has been losing money steadily under recent USCF management, so it's time to let someone else run it. My guess is, they are right and you are wrong. Paul, You are right in that you are guessing, but your guess is wrong. The only way for the B&E of the USCF not to make money is to mismanage it, which is the true problem. Fix the management and the accounting and the B&E is profitable. Since the USCF can not fix those two areas than they are stuck outsourcing it for pennies on the dollar scraps they will get. Leopold |
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#7
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"King Leopold" writes:
... some pretty financially savvy folks who have looked at it closely have come to the conclusion that B&E has been losing money steadily under recent USCF management, so it's time to let someone else run it. My guess is, they are right and you are wrong. You are right in that you are guessing, but your guess is wrong. That's what Sam says too, but neither of you have given anyone the slightest reason to believe that you know better than the financial experts who have looked into the issue. Your repeating a falsehood doesn't make it true. The only way for the B&E of the USCF not to make money is to mismanage it, which is the true problem. That is correct. Fix the management and the accounting and the B&E is profitable. Probably true, but apparently beyond the USCF's competence. Since the USCF can not fix those two areas than they are stuck outsourcing it for pennies on the dollar scraps they will get. Yes, correct, having a net inflow is better than losing money, even if the inflow is pennies on the dollar. Hence the outsourcing. Given the USCF's limitations, doing anything else is just about certain to result in yet more losses. |
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#8
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"Paul Rubin" wrote in message ... "King Leopold" writes: ... some pretty financially savvy folks who have looked at it closely have come to the conclusion that B&E has been losing money steadily under recent USCF management, so it's time to let someone else run it. My guess is, they are right and you are wrong. You are right in that you are guessing, but your guess is wrong. That's what Sam says too, but neither of you have given anyone the slightest reason to believe that you know better than the financial experts who have looked into the issue. Your repeating a falsehood doesn't make it true. The only way for the B&E of the USCF not to make money is to mismanage it, which is the true problem. That is correct. Fix the management and the accounting and the B&E is profitable. Probably true, but apparently beyond the USCF's competence. Since the USCF can not fix those two areas than they are stuck outsourcing it for pennies on the dollar scraps they will get. Yes, correct, having a net inflow is better than losing money, even if the inflow is pennies on the dollar. Hence the outsourcing. Given the USCF's limitations, doing anything else is just about certain to result in yet more losses. Paul, Please don't take me as being hostile, because I'm not. If you do some research, you will see that the USCF has a very nice unique rich history and has made money in the past with its B&E. But do to the bad management problems of the past several years its not leaking, but bleeding to a quick death. I truly hope someone (Bill G.) can turn it around and stop the hemorrhage before its to late. I would love to see the US Chess Fed. continue to be the main body that governs chess, but my own hopes are not high. I think that soon, someone will develop an alternative to the USCF and that will be the death blow that will finally kill it. But until then, It remains floundering and many a people are bailing it out with paper cups. Its sad. My personal feeling is to keep the B&E in house, develop a professional operation to run it. Show the book publishers the plan and beg them for credit and time and give it one last shot. If they can use it to turn a profit, the profit could be used to shore up the USCF until they can turn IT around. What else can I say. I really hope the USCF survives the next year or so. Otherwise....well you know. Leopold |
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#9
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Almost all the books and equipment can be purchased for a cheaper price
elsewhere the USCF, if USCF can be more competitive they might have a better chance of getting more business. "Paul Rubin" wrote in message ... (Sam Sloan) writes: Over the last 65 years that the USCF has been in business, the only consistently profitable area has been the sale of books and equipment. What makes you think it's been profitable, especially in the past few years? The outsourcing seems to be motivated by some very justified disbelief in the bull**** numbers coming out of the office claiming that B&E is profitable. It seems almost impossible to tell for sure what the real situation is, but some pretty financially savvy folks who have looked at it closely have come to the conclusion that B&E has been losing money steadily under recent USCF management, so it's time to let someone else run it. My guess is, they are right and you are wrong. |
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#10
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"greg and kari" writes:
Almost all the books and equipment can be purchased for a cheaper price elsewhere the USCF, if USCF can be more competitive they might have a better chance of getting more business. USCF B&E already gets plenty of business at its present prices, more than 2 million dollars worth a year in fact. The problem is that USCF B&E is so badly run that it loses money even with all that business and even at those high prices. It's not a matter of too little business. |
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