By NEIL PASCALE, EDITOR - POWERSPORTS BUSINESS
JANUARY 7TH, 2010
Here’s a crazy thing to think about: Currently, there is no difference between the retailing of illegal drugs and youth-designed ATVs and motorcycles. They’re both illegal to sell. Of course, the enforcement of one is obviously much different that the other. But still, thanks to the lead law enacted last year, this is likely one the wackiest times ever for retailing youth-designed powersports vehicles. Read more >>
By JIM KRENDL - KRENDL SACHNOFF & WAY, SPECIALIZES IN DEALERSHIP ACQUISITIONS
JANUARY 5TH, 2010
Last month our blog addressed the issues of using different kinds of equity, for example issuing a preferred class of stock to one shareholder or a group of shareholders and a junior or common class to other shareholders. Comments about equity participation also apply to control. Many people tend to think of control as being a simple percentage of the stock and an equal percentage of the voting power of the company. However, I tell clients that control is like a pie, you can cut it into as many slices as you like. Read more >>
By KARIN GELSCHUS - ASSOCIATE EDITOR, POWERSPORTS BUSINESS
JANUARY 5TH, 2010
I was appalled when I saw the results from J.D. Power and Associates’ latest bike buyer survey of about 8,000 new bike buyers – the largest survey of its kind. The fact is the percent of women new bike riders has not budged for the past four years — a shocking and unacceptable statistic. Read more >>