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 Tuesday on BoatingIndustry.com.
1. Boat dealer arrested at Atlantic City Boat Show
A New Jersey boat dealer was arrested at the Atlantic City Boat Show last week, with police accusing him of issuing bad checks and theft by deception.
Tracy Blumenstein, owner of Professional Boat Sales in Egg Harbor Township, allegedly sold at least one trade-in boat without paying off the outstanding loan. He is also accused of issuing $33,000 in bad checks. Local police said other employees had also been “implicated in fraudulent activity involving the sales of other boats, and the investigation is ongoing.”
2. Obamacare insurance requirement delayed
Employers with fewer than 100 employees won’t be required to provide insurance to employees until 2016, under a delay announced Monday. Larger firms will have to cover at least 70 percent of employees next year. In a rule especially important to the marine industry, the IRS also said employers will not have to cover seasonal employees that work less than 6 months.
3. Creating a strategic plan
Ready to take your planning to the next step with a solid strategic plan for your business? SCORE is offering a free online workshop to help business owners create a plan. It’s just one of the many free resources SCORE offers small business owners.
4. Do better online in five steps
Nice simple how-to guide from MarketingProfs this week on how local businesses can easily improve their online presence. Worth checking out if you need to get your online efforts off the ground.
5. Go for the leadership gold
Playing off the Olympic theme, gold medalist Adam Kreek offers his advice for winning and how it can apply to entrepreneurs (and managers, for that matter.)