UP AND UP: The surest signs of a recovery do not come from statistics, but rather the every day anecdotes conveyed word of mouth.
TORRANCE, Calif. — LCT Magazine recently heard from four key industry players on how they are faring financially. While not a scientific or statistical conclusion, such reports are becoming more common as an uncertain economic recovery forges ahead.
- WINDY CITY LIMOUSINE of Chicago reported that January 2010 was 34% ahead of January 2009. February was 80% ahead of February 2009, and March was 96% ahead of March 2009. Overall, its first quarter of gross revenue for 2010 was $2,429,781, compared to $1,441,861.20 in 1Q 2009.
- RED BANK LIMO in Red Bank, N.J., a 2010 LCT Operator Of The Year winner, reports a 35% increase in sales through April 15, compared to the same period in 2009. The six-vehicle operator also has added a few employees to its 12-member staff.
- ETS INTERNATIONAL of Quincy, Mass. also a 2010 LCT Operator Of The Year winner, saw its revenues grow 62% in 2009. While many companies experienced hiring freezes and layoffs last year, ETS International continued to strategically add to staff significantly, maintained a 401k match, and rewarded employees based on their performance, said ETS president John M. Greene.
Source: Martin Romjue, LCT Magazine
Don't let your guests down. Here are some things to think about before the event starts.
ISSUE PREVIEW: What does he think? What did she really say? Are you channeling your customers? In the October 2012 issue of LCT Magazine, you’ll get a complete primer on how to read and please your
With no need for people to operate vehicles, how can limo companies adapt to the new world of transportation?
It has never before been easier for businesses to share information, insight and intimacy with consumers; it has also never been easier to offend them. Read more to learn how to avoid a social media faux pas.
On my trip to Chicago last week for the 2012 BusCon Expo, I had the pleasure of experiencing a new ride — the 2013 MKT Town Car.