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Plotting your exit strategy

By Jonathan Sweet Less than a quarter of small businesses make it to a second generation of ownership. Less than 10% survive beyond that. Why? In many cases, it’s because the owner or owners have made plans to make sure their business survives. According to a recent study from Wilmington Trust, 58% of businesses have no succession plan. Small businesses ...

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Workforce: All for one and one for all

By Adam Quandt Filling the workforce ranks has been an issue facing the recreational boating industry for quite some time and the problem is only growing larger. However, filling the open positions isn’t the only goal. The end goal is to fill those ranks with qualified employees who intend to stay in the industry. According to data from the National ...

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Celebrate National Fishing & Boating Week

National Fishing and Boating Week, sponsored by the Recreational Boating & Fishing Foundation is now underway, highlighting the importance of recreational boating and fishing. During National Fishing and Boating Week, most states offer free fishing days. These are days where anglers are allowed to fish on public bodies of water without a fishing license. Check out the upcoming free fishing ...

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Nominations for the 2019 Movers & Shakers now open

Boating Industry is now accepting nominations for the 2019 Movers & Shakers. The Movers & Shakers program recognizes leaders who haven’t been afraid to take chances, to rethink the way they do business, to embrace the challenges facing the marine industry head on. Nominees can be from and company, group or organization that does business in the boating industry, as ...

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Tariffs are the talk of the town in D.C.

The U.S. marine industry is facing a 1-2-3 punch from worldwide tariffs on steel and aluminum, anti-dumping and countervailing duties on Chinese aluminum sheets and Section 301 tariffs on nearly 350 marine products. That was the main takeaway at the Trade State of Play: Tariffs, Negotiations & Off-Ramps breakout session at last week’s American Boating Congress. “The administration’s stance on ...

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National Safe Boating Week is underway with fresh focus

Each year over 140 million Americans take to the water on a boat. Making sure they get back to the dock safely is the idea behind National Safe Boating Week May 18 – 24. Boating safety advocates across the U.S., including the marine industry, work together with the U.S. Coast Guard (USCG) to improve awareness of basic boating safety best ...

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Brunswick to acquire Freedom Boat Club

Brunswick Corporation announced it has entered into a definitive agreement to acquire Freedom Boat Club (FBC). Terms of the transaction were not disclosed. Freedom Boat Club, founded in 1989, is the largest boat club operator and the premier marine franchisor in the nation. FBC and its franchisees service over 20,000 members, providing them with access to a fleet of nearly ...

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Correct Craft CEO receives Hammond Leadership Award

The Foundation for Recreational Boating Safety, Education and Environmental Awareness announced that Bill Yeargin, President and CEO of Correct Craft is the recipient of the 2019 Hammond Marine Industry Leadership Award for his extraordinary service and commitment to advocacy on behalf of the recreational boating industry. Bill will be honored at the American Boating Congress (ABC) in Washington, D.C. during ...

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Boating Industry’s Women Making Waves – 2019

Women Making Waves is Boating Industry’s effort to recognize the multitude of women in the industry who have made and continue to make great contributions to its success, propel its growth and lead their organizations and peers into the future. With over 100 nominations for this year’s Women Making Waves, choosing the highlighted women was no easy task. There is such ...

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Boating Industry’s 2019 Top Products

50 of the marine industry’s best new and innovative products For the sixth annual Boating Industry Top Products list, we’ve selected 50 of the best new or updated products and services for the marine industry, ranging from boats to engines to electronics and more.  To be eligible for consideration, products or services had to have been introduced or significantly updated ...

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