Reply With QuoteYes, boat sales and rentals are still going, the rip rap/dock business shut down
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Is iguana still in business?
Yes, boat sales and rentals are still going, the rip rap/dock business shut down
Midwest Boat Party - Business Operations
What he said.
B&B
20.5 mm LOTO
Ok, what I commented on yesterday has now changed... It was announced to the people who work there this am, the end is near... And most of the employees were let go this am.
From what I have seen on other businesses that were shut (ing) down, filed legal papers or went under receivership (I am not saying this is happening here, but...) If I had something I owned at one of their facilities I would get it removed today! If there was a filing, the trustee could seize all property until the legals are done!
B&B
20.5 mm LOTO
Originally Posted by bajaholic
I had always thought that the ownership was flush (Springfield Armory). Besides maybe being crushed by PBC and BT, what happened?
I had always thought that the ownership was flush (Springfield Armory money). Besides maybe being crushed by PBC and BT, what happened?
Ownership may have $$$$ but he is a business man and may not be involved in day to day operation... So business decisions are what they are. There was also family issues including a member expiring...
That being said, MY GUESS (wink wink) is the general manager is caught up in a 40 year career mind set, and refused to acknowledge today's changes in operation, marketing and management. I will concede in my opinion, he did hire people to help fix problems, but the problem was he then refused to let them do their job to fix it. He controlled every facet of the day to day operation and when something bad happened, refused to come clean and make statements to help the business move forward and let the rumor mill run rapid...
But this is just my guess, there may be other things, but in my opinion this is a good start... That is if I knew anything about what went on there???
B&B
20.5 mm LOTO
Maybe an opportunity for somebody that knows what they are doing.........
Will certainly be interesting to see how all the entities are broken up and what becomes available on it's own. There is more than boats, there is realestate holdings, equipment, rental units, etc...
B&B
20.5 mm LOTO
The kid didn’t want anything to do with it...
Reading on here over the years I thought they were about to rule the world or at least the lake.
That's what I thought.
Midwest Boat Party - Technical Operations
One family members vision, may not be the same as others, and when putting money into keep it going; for others, may not be their end goal. It then becomes a business decision and must run on its own. when it can't, changes happen.
Not all business decisions are based on history and vision, it is on changes and direction for a future.
B&B
20.5 mm LOTO
Me too!
Bingo, we have a winner!! Bajaholic
Last edited by 36outlawtodd; Yesterday at 09:11 PM. Reason: Mistake
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