Jan 29, 2019

Morgan Huntley Vanish BoatsIn the January 8th edition, we reported that Morgan Huntley, owner of Vanquish Boats planned to attend the Toronto International Boat Show to meet our Canadian buyers and experience the show first hand.

 

 

 

 

 

 

 

We had the opportunity to talk to Morgan Huntley and we asked him, “What attracts you to the Canadian market?”

He explained that, “In 2018 Vanquish Boats transitioned into a semi-custom builder, helping to expand our positioning as the premium brand in class. This move also allowed us to be more creative with our clients with regard to fulfilling their wants and needs for special features.”

Huntley went on to say, “By pushing into the semi-custom arena, we can better meet the needs of our discerning clients who expect the same level of quality, materials, and features in a smaller boat as they do in larger boats. A new feature which is being received with flying colors is the addition of a cabin to our 26CC model.”

“Some of the larger changes include the construction materials such as an ultra-premium vinyl ester epoxy, tri, and bi-axial stitched Eglass, and a new recycled core material called CoreLite PET. This makes our boats stronger and lighter, and the most efficient boats in class. The 26CC has a top speed (w/Mercury 250hp) of 53 MPH with an efficiency of 2.2 MPG. At a cruising speed of 42MPH, the efficiency is a whopping 3.0 MPG.”

With these changes and their expansion from being inboard-powered to also offering outboard alternatives, Vanquish has a much wider spectrum of choices to offer. Huntley told Boating Industry Canada that buyers have sought them out to bring Vanquish boats to the Muskoka Lakes, Québec, the Thousand Islands and other areas where there is an appreciation for classic styling with the elegance of semicustom building.

 

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BUSINESS VALUATIONS: THREE SITUATIONS WHEN YOU MIGHT NOT NEED ONE

 

Business ValuationsBy: Patrick Ungashick

Photo Credit: Dwain Bodkin


Business valuations are an important tool for owners and leaders of privately-held companies. For example, if you are doing sophisticated tax planning, buying-out a business partner, or if an owner is going through a marital divorce, then a valuation may be highly prudent—if not legally required. However, business owners and leaders should avoid rushing to get a valuation in circumstances where the need is not clear.

Read more about Business Valuations......

 

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