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Bump's World - April 2011
April 1, 2011
Spring 2011 has arrived, most people recognize spring by the little flowers pushing their heads up, but I look at our front dock to see if there is anything there. Yes the Hanse 545 was launched last week and is now rigged and ready to voyage to her new owner in Connecticut.
Bump's World - March 2011
March 9, 2011
I just completed my 30th Great New England Boat Show. Overall attendance was good, not great, and the weather cooperated, no major snow storms. The show was 1 week later than it has ever been, the week after school vacation. The boat show reported an increase of 5% attendance over last year.
Bump's World - January 2011
January 4, 2011
The beauty of the New Year is the opportunity to look back at the old year, 2010, and look forward to the New Year. There is no doubt that 2010 will be remembered as a very trying year for the boat business. The economy, lead by continued high unemployment and a struggling housing market, showed little hope of short-term improvement. This means consumer spending on non-essential high-end items is going to continue to struggle.
Bump's World - December 2010
December 5, 2010
Many people I meet at boat shows, sailing events, and local bar rooms have asked what's going on with PHRF, so here we go.
PHRF continues to dominate handicap offshore racing. There are more than 40 PHRF organizations in North America that have rated over 50,000 boats. The nearest competition is IRC ratings of which there are about 800 boats rated IRC in North America. PHRF systems are used on the East and West coasts, the Great Lakes, Gulf of Mexico, and many inland lakes and even some rivers.
Bump's World - November 2010
November 2, 2010
The simplest way to get ride of your fine yacht is to donate it. Other than wanting to contribute to a cause or some institution that you think has great value, why would anyone want to donate their boat when they can just sell it. There is a lot of miss information about donations and there are a bunch of guys in jail who used donation programs as a scam. The IRS laws are not exact about what donation is and their interpretation of the process changes from time to time which can make the process challenging.
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