Yesterday, U.S. Representatives Jim Morelle (D-NY-25), Jack Bergman (R-MI-01), Jared Golden (D-ME-02), and Pete Stauber (R-MN-08) introduced landmark legislation backed by the recreational boating industry that would give small businesses the opportunity to access much needed capital to invest in disaster resilient infrastructure. The bill – formally known as the Providing Resources for Emergency Preparedness and Resilient Enterprises (PREPARE) Act ...
Read More »Tag Archives: small business
Facebook launches $100 million grant program for small businesses
This week, Facebook announced a $100 million program to help small businesses affected by coronavirus, according to CNBC. The grants will be available for up to 30,000 eligible small businesses in over 30 countries. Facebook said it will be accepting applications in the coming weeks. The company said the program can help businesses with rent, operational costs, maintaining workforce and connecting with ...
Read More »Industry representative talks small business with Congress
John Wooden, founder and owner of Minnesota-based River Valley Power and Sport recently testified before the U.S. House of Representatives Committee on Small Business. The hearing – titled “Force of Nature: The Power of Small Businesses in America’s Recreational Infrastructure” – served as a platform to examine the economic impact of outdoor recreational infrastructure, how small businesses contribute to the ...
Read More »How to mess up a business without breaking a sweat
No matter their strengths, businesses, like people, are always at risk. Some dangers are so blatant they dare being ignored. But others, far less obvious, cause untold—and even fatal—damage, eating away and undermining a company’s best efforts. Their work is insidious and relentless, going unnoticed until it’s too late. And it all happens without anyone breaking a sweat. Even so, ...
Read More »Small business owners need to take a vacation
If you’re a small business owner, you probably know that taking a vacation would be good for you and for your business – and yet you probably haven’t done it yet. A recent survey released by Marriott Rewards Premier Business Credit Card found that two-thirds of small business owners think taking a personal vacation benefits their business, including improved focus, ...
Read More »Weekly 5: RBFF launches 60 in 60 program to grow fishing
The BI Weekly 5 is a collection of tips, news and data affecting the boating industry this week. Be sure to look for the BI Weekly 5 every week on BoatingIndustry.com. 1. RBFF launches '60 in 60' program With the goal of bringing more anglers into fishing (and boating), the Recreational Boating & Fishing Foundation has embarked on an ambitious ...
Read More »Small business optimism drops in June
After five straight months of gains, small business optimism declined in June, according to the National Federation of Independent Businesses Small Business Optimism Index. The index dropped 4.2 points for the month to 94.1, below the pre-recession average of 99.5 “June terminated a promising string of improvements in owner optimism during the first months of the year," said Bill Dunkelberg, ...
Read More »New York marina honored for Sandy recovery
A New York marina will be one of three companies recognized by the Small Business Administration for disaster recovery. Conrad Kreuter, president of Moriches Inlet Marine, Inc., will receive the 2015 Phoenix Award for Outstanding Small Business Disaster Recovery at a White House ceremony May 8. Since 1998, the SBA has presented Phoenix Awards to business owners, public officials and ...
Read More »Uncertainty surrounds boating season
La Niña's absence complicates this summer's forecast, which currently calls for more rough weather.
Read More »New SBA rules: What does this mean for your boat dealership?
By Bill Thompson, Cardinal Points Network — Throughout the summer Congress bantered about the Small Business Jobs Act of 2010, touting it as the next brick to rebuilding our economy. The Act was finally signed into law in late September. Now the question is what does this mean to a boat dealership? While the boat industry has concentrated discussion around ...
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