Weekly 5: Boating fatalities mar holiday weekend

 

The BI Weekly 5 is a collection of news, tips and data affecting the boating industry this week. Be sure to look for the BI Weekly 5 every Tuesday on BoatingIndustry.com.

 

1. Boating fatalities mar holiday week

With a long holiday weekend comes boating in the headlines for all the wrong reasons again, with dozens of accidents making the news, many fatal. At least 17 fatalities were reported across the country.

 

2. New Jersey Gov. Chris Christie signs new boating safety law

Aiming at toughening the penalties for leaving the scene of a boating accident or failing to assist victims of an accident, New Jersey’s governor has signed a new law.

The law increases the penalty to a second-degree offense for leaving the scene of an accident that results in a death, punishable by five to 10 years in prison, up to $150,000 in fines, or both.

 

3. Powerboat shipments up in April

After a February and March decline, powerboat wholesale shipments were up 3.8 percent year-over-year in April, NMMA reported.  Through April, shipments were up 1.3 percent for the year.

 

4. Small business optimism down in July

After three months of increases, small business optimism dropped in July, the National Federation of Independent Businesses said.  Job growth was positive, but spending growth and sales expectations were weak, said NFIB chief economist Bill Dunkelberg.

 

5. How to increase your referral business

Repeats and referrals are the lifeblood of any good business, from service to sales. Here’s some advice from guerrilla marketing gurus Jay Conrad Levinson, and guerrilla marketing expert, Al Lautenslager on creating a referral culture.

 

 

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