Mallorca by Land, Air and Sea

Marine Industries Association of Palm Beach County Honors

Tuesday, 10 October 2017


Capt. Chris Shaffner of TowBoatUS Palm Beach with Member of the Year Award

PALM BEACH, Fla., October 10, 2017 – Captain Chris Shaffner, owner of TowBoatUS Palm Beach, was recently honored by the Marine Industries Association of Palm Beach County (MIAPBC) with the Member of the Year Award at a ceremony held at Sandpipers Cove in North Palm Beach on September 26.

Capt. Shaffner was surprised with the honor, which was bestowed at the conclusion of his discussion on the recent Hurricane Irma cleanup effort and salvage operations. Said MIAPBC Operations Director Alyssa Freeman, “Capt. Shaffner has been nominated for this award for a couple of years running now, but every time he got wind of it, he insisted we award it to another nominee. This year is the first time we have kept our decision a secret until the night of the ceremony, and it paid off!”

Said MIAPBC Executive Director Chuck Collins, “Some of Capt. Shaffner’s ideas from serving on our membership committee have directly resulted in an increase in our membership numbers. For more than 10 years he’s also been a big part of our Palm Beach Holiday Boat Parade, in charge of all of the volunteer vessels on the night of the event that collect thousands of toys dockside. He also coordinates with law enforcement to ensure a safe event.” Collins notes that Shaffner serves on several committees and organizations, including the governor’s appointed Boating Advisory Council.

Perhaps summing up the honoree best, said Collins, “Capt. Shaffner has gone out of his way to selflessly help other association and community members when they really needed it.”

For more information visit TowBoatUS Palm Beach or Marine Industry Association of Palm Beach.

MIAPBC honors Capt. Chris Shaffner, TowBoatUS Palm Beach, with Member of the Year Award  https://goo.gl/5uz2Wz  #TowBoatUS

About TowBoatUS:

Boat Owners Association of The United States (BoatUS) is the nation's leading advocate, services and safety group for recreational boaters. We are the Boat Owners Auto Club and provide our more than half-million members with a wide array of helpful services, including 24-hour on-water towing that gets you safely home when your boat won’t, will bring you fuel if you run out, jumpstart your dead battery, or provide a gentle pull after you’ve run aground. The TowBoatUS towing fleet is North America’s largest network of towing ports with more than 300 locations and over 600 towing assistance vessels, responding to over 70,000 requests for assistance each year. The BoatUS App makes it easy to summon water and road assistance 24/7, and can speed response times (BoatUS.com/app). For more information go to BoatUS.com/Towing

 

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Message From The Editor

CREATING YOUR OWN SUCCESSOR

Young people will probably look at this time in history as a prolonged period of economic growth, and a great time to invest into the boat business.

Strong North American stock market performance looks likely to continue, Canada's GDP growth is exceeding government projections and we have recently heard talk of the government increasing Canada's immigration level from the 250,000 per year level that we've seen for many years, to a new level of 350,000 or even 400,000.

That kind of population growth will certainly drive the economy forward and the boat business will benefit the same way other industries will.

In my column last week, I talked about succession planning for our businesses. We noted that the demographics of the Canadian population include many baby boom aged people in our industry who will want to retire soon and there is a very real concern that at least some owners do not have a well-crafted and orderly plan could suffer. You need a succession plan to reward the present owner with fair market value while providing a solid business opportunity for the new owner.

The point was - identify a suitable successor (or two) now and invest in training and education for them so that they can "buy out" or "earn out" the business, perhaps giving you a lump sum and also ongoing payments to fund your retirement.

One opportunity is to send your potential successor to courses offered by IMI. I recently attended the Marina 101 seminar put on by IMI, the International Marine Institute at IBEX. In this edition of News Week, we have an announcement of their conference, the IMBC taking place in New Orleans in the new year and don't forget about the tech training from the Quadrant Marine Institute in B.C., and Georgian College in Ontario, now working in cooperation with ABYC.

There's lots going on and I firmly believe the innovative new boat designs and power options we will see at the shows this winter, will keep the industry jumping for years to come!

Andy Adams, Editor [email protected] TwitterYouTube

Feature


MARINA 101 - DAILY MARINA ASSESSMENT

Do you perform a Daily Marina Assessment at your marina? I gained a greater appreciation for the importance of a Daily Marina Assessment when I attended the Marina 101 seminar put on by IMI, the International Marine Institute at IBEX in Tampa on September 18. Read More

 

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Last Updated ( Tuesday, 10 October 2017 )