BI Weekly 5: Georgia legislature looking at boating safety
October 30, 2012
Filed under Weekly 5
Editor’s Note: 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. Georgia legislature looking at boating safety
In the wake of a summer of high-profile boating accidents on Georgia’s Lake Lanier, a new caucus is examining boater licensing and other safety issues.
The Lake Lanier Legislative Caucus has already met twice and is devising a schedule for hearings and meetings going forward. State Sen. Renee S. Unterman said at the group’s first meeting that while new laws including licensing may be needed, the biggest issue is having enough resources to enforce the regulations.
2. Brunswick stock downgraded
The Street has downgraded Brunswick Corporation’s stock from buy to hold after the company released its quarterly earnings last week. Positive factors in the company’s favor were revenue growth and good cash flow, but negatives included poor margins and unimpressive growth in net profits.
On the other hand, BMO Capital Markets raised their target price for Brunswick from $23 to $25. Brunswick closed at $23.05 Monday.
3. What you can learn from other industries
Ever think of going to a trade show for, say, bankers or remodelers? Well, maybe you should, according to this article from Inc.
As the author says, it’s a great way to break out of seeing the same people, with the same solutions to the same problems. Leaving your industry for a day may be the best way to break out and find new solutions.
4. 5 reasons not to do your own marketing
It can be tempting as a business owner to manage your own marketing. It seems cheaper, but in the long run may cause more damage than it’s worth. Here are five reasons not to try to “do it yourself.”
5. 6 mobile apps to enhance your social media marketing
Trying to manage your social media on the go from your phone or tablet? Here are six tools to make you more productive when you’re not sitting in front of your computer.