Mar 26, 2019

North Sail Newport ShipyardNorth Sails is pleased to announce the opening of a new sales office in Newport, Rhode Island. Located in the heart of the vibrant Newport Shipyard. The team believes that this location will give Grand Prix, One Design, Multihull, Cruising and Superyacht customers an easy and bespoke solution for all their sailmaking needs.

The new office will work alongside the expansive North sales and service center only 15-minutes away in Portsmouth, Rhode Island. As Newport Harbor and the surrounding area are hosting even more major events, many of which are based from the Shipyard, the new office allows clients easier access to a North Sails expert. They can also drop sails off, have them repaired, and pick them up without ever leaving the Shipyard. Mike Toppa, a North Sails Superyacht specialist, will head up the team. A two time America's Cup winner, Toppa combines his vast knowledge of the industry, the players, and the products available across a broad spectrum of the market making him the perfect fit for this new venture.

Ken Read, President of North Sails, commented: “Newport is a dynamic sailing hub and where our global head office is also based. It is the right time to be offering this sort of service to our clients, with so much going on this summer in Newport, including the 12 Metre Worlds, the New York Yacht Club 175th Anniversary Regatta and so many other world-class events. Our vision as a company has always been to pair industry-leading products with unmatched client support. The Shipyard office reaffirms our commitment to provide the best possible service to all types of sailors. We look forward to seeing old and new customers, and also friends and colleagues over the coming months.”

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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.

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