NMMA updates members on dealer floorplan initiative - 03/12/2010 NMMA President Thom Dammrich and other staff met with the Republican and Democratic staff of the Senate Committee on Small Business and Entrepreneurship.
If there’s one tool that marine businesses need in their arsenal this year, it’s a business plan. That’s why Boating Industry magazine devoted its 7-part cover story package to helping dealers create one or update their current plan. The package includes information on why business planning is so important in today’s economic environment, detailed tips and advice from industry experts, shortcuts to success for Top 100 Dealers, and more.
The second feature article in the March issue, “Join the Club?,” not only tracks the growing popularity of boat clubs, it also provides insight into how dealers can take advantage of this trend. The third feature – a two-article package on lending – shares insight from discussions held during two Marine Dealer Conference & Expo presentations, one by F&I expert Jan Kelly and one consisting of a panel of marine finance insiders. Both contain valuable insight into how dealers can overcome the challenges of today’s financial marketplace.
In addition, the March issue contains an article on assessing the value of your inventory, an article on the implications of recent credit card reform, and a Web Services Guide.
You can view the contents of the entire issue by clicking here.
Why you need a business plan, by Noel Osborne - 02/22/2010
Many small business owners do not understand why they need a business plan, and I would suggest that many boat dealers fall into this category. The fact is that a comprehensive business plan is much more than a financial plan.
Correct Craft looks for the right investments - 10/07/2009
In this second and final installment of Boating Industry magazine’s two-part interview series, Correct Craft CEO Bill Yeargin details the methods used to analyze the data the team gathered, outlines Correct Craft’s plans for putting the data to use and shares his perspective and those of the executives he interviewed on the state of today’s recreational marine industry and its future.
Correct Craft shares industry investment insights - 09/29/2009
In this first installment of Boating Industry magazine’s two-part interview series, Correct Craft CEO Bill Yeargin unveils why Correct Craft sees potential investment opportunities in today’s market, how he chose the team of executives tasked with identifying such opportunities, the plan created to accomplish the company’s objectives, and the insight gained through interviews with 60 industry executives.
Inside GE, Part Four - 08/25/2009
In this fourth and final installment of Boating Industry magazine’s interview series, GE Commercial Distribution Finance Marine Group President Bruce Van Wagoner comments on the lessons GE and the industry as a whole have learned from this downturn, the best practices boat dealers and manufacturers are adopting to survive the challenges of today’s market, and the changes he expects to see in the relationships between dealers and builders.
