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Weekly 5: Wave of legislative wins for industry

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Christopher Gerber (CGerber@BoatingIndustry.com)
April 9, 2013
Filed under Weekly 5

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. Wave of legislative wins for industry

The boating industry is racking up some positive wins in the legislative arena lately. The latest came this week from Maryland, where it appears that efforts to revive a vessel tax cap have been successful.

In other news, the Kansas legislature has approved a plan there to reduce the personal property taxes on boats from 30 percent of appraised value to 11.5 percent in 2014, then 5 percent in 2015. Also just waiting on the governor’s signature there.

Finally, Michigan governor Rick Snyder has signed an emergency bill to fund $21 million in dredging projects at 58 harbors in the state.

2. Small business optimism down

The March Small Business Index from the National Federation of Independent Businesses dropped slightly in March after three months of gains.

The index was at 89.5 for March, down 1.3 points from February. In the survey, more than three-quarters of small business owners said they expect business conditions to remain the same or worsen over the next six months.

NFIB chief economist Bill Dunkelberg blamed the decline on a lack of a “sustainable fiscal policy or a federal budget” from Washington.

3. Obamacare health exchanges delayed

The health exchanges that were a significant part of the benefits of Obamacare for small businesses have been delayed until 2015 for most states.

The exchanges were designed to give businesses and individuals an opportunity to buy insurance from a variety of carriers with the idea that the larger combined pool would result in reduced costs.

Some states have been taking the steps to get their exchanges up and running, but in the 33 states where the federal government will be operating the exchanges people are going to have to wait at least another year.

4. 8 Things You Should Not Do Everyday

Here are eight things that hurt your business and your productivity that should be added to your daily list of things to avoid. About half of them come down to some version of multitasking. In other words, you’re not as efficient as you think you are.

5. Managing your time on social media

It’s easy to fall down the social media rabbit hole and let it take you away from the rest of your business. These 10 easy tips should help you manage your social media efforts a little better.

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