Features

Friday Economic Snapshot: Fed rattles markets

Is Russia planning to continue growing its empire with further land grabs? Did Federal Reserve Chairwoman Janet Yellen intentionally spook the market by suggesting higher interest rates are coming sooner than expected? And, are we seeing an end to housing-driven economic growth? These are the primary questions swirling around financial markets this week. Let’s dive in and find some takeaways. ...

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Detailing: Don’t be wishy-washy

When a customer walks up to the service desk and says their boat needs a cleaning, what do you do? If the answer is panic or look around for the Armor All wipes in your trunk, it might be high time to think about figuring out a detailing solution. Mark Bollman, president at Creative Colors International (CCI), said dealers should ...

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Q&A with Jim Lane, president Chaparral & Robalo

While not immune to the boating market crash, the Chaparral and Robalo boat brands have weathered the downturn better than many. Jim Lane, president at Chaparral since 1977, has seen his share of ups and downs in the boating market, but says he is confident about the future of the company’s brands. To read the full Q&A with Lane, be ...

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Friday Economic Snapshot: Dark clouds may be parting

As the world holds its breath over the missing jetliner and Ukrainian Prime Minister Yatsenyuk visits Washington for reassurance, the global economy appears poised for steady growth to persist throughout 2014. In the last week in the U.S., we’ve seen a stable stock market, a quickly shrinking federal deficit, rising gas prices, declining unemployment claims, improving retail sales and more ...

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By the book: the value of an employee handbook

This article is part of Boating Industry’s HR-related blog series. If you have a human resources- or management-related topic you’d like to see discussed, email senior editor Tom Kaiser at tkaiser@boatingindustry.com. What’s the purpose of employee handbooks? If you ask most employees at any given company, the answer would likely be something along the lines of burdening the staff with ...

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Lessons from other Industries: Bookselling in the age of Amazon

Few industries have seen the Internet change their business model as have bookstores. With rise of ebooks and online superstore Amazon, the headlines have been filled with the struggles and store closings of Barnes & Noble and the now-bankrupt and shuttered Borders. But an interesting thing has happened on the supposed path to irrelevancy for bookstores. Independent booksellers are staking ...

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Friday Economic Snapshot: Spring job boost bucks trend

It’s the first Friday of spring, but the skies are cloudy (both literally and figuratively here in Minnesota), rather than full of seasonally appropriate sunshine. Everybody’s got their eyes on Russia-Ukraine as the global powers determine their next moves. Financial markets wobbled, and the Dow Jones Industrial Average showed increased volatility with a large dip on Monday, followed by an ...

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How-to Create a Turnover-Proof Technology Policy

Boating Industry Editor in Chief Jonathan Sweet armed you with the tools you need to deter employee turnover in his February column. But given the fact that 83% of employees say they’ll be actively seeking a new job in 2014, even by employing Sweet’s helpful retention tips, it may be inevitable you’ll see some attrition this year. With the ever-increasing ...

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Family learns together, earns together

They say blood is thicker than water, but you’ll have to ask Davis family – they see plenty of both. James, Carrie and Nathan Davis make up Crimson Creek Boat Works, a new mobile boat repair business based out Mobile, Ala., in the heart of the Gulf Coast. They also spent the last year in Orlando taking courses together at ...

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Pontoon proliferation

Four big players on how far the segment’s come and where it’s heading next — in style What’s happened in the pontoon market in recent years is breathtaking. Simple aluminum platforms covered by scratchy AstroTurf-like carpets and topped with beige fishing seats used to be the norm. Today’s pontoons can still be affordable, but the category has expanded to included ...

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