Considering a fishing charter boat investment? The article below will provide you with a few tips to help you find your ideal vessel.
Thinking about starting your own business? Why not make it an activity you truly enjoy! For many people, this activity involves a fishing boat or even a whole slew of boats. When making the decision as to which boat to purchase, there are a few considerations to keep in mind. In this article, we will offer up a few tips to help you purchase a boat for fishing charters.
Step 1 - Determine your total budget. Will you have enough cash to purchase a newer boat, or should you consider looking into the used market. Though there抯 nothing quite like purchasing a brand new vessel, you can easily save yourself thousands of dollars by deciding to go used. If you do decide to move on a used boat, be certain to have it inspected to ensure that it is sea-ready. Make sure to inspect have the seller provide you with maintenance records and go over them thoroughly.
Step 2 - Consider how many travelers you will want to take on each trip. At a minimum, you抮e going to need a boat that measures at least 25 feet. If you are interested in more passengers, you will need more space. Plan ahead and act accordingly, factoring in how much each trip will cost against how much you will charge each passenger.
Step 3 - The vessel you purchase will need a cooler and a head. If you find that your boat does not currently possess a refrigeration unit, you will need to make sure to keep a cooler on board to accommodate the food and refreshment needs of your passengers.
Step 4 - Obtain your captain抯 license. There are a variety of different licenses depending on how many passengers you are interested in having aboard your vessel per trip. If you are unable to acquire the license suitable for your needs, try and find a captain who already possesses one and add them to your payroll.
Step 5 - Make sure you are able to provide your passengers with the proper licenses and fishing gear. People go fishing to escape the realities of daily life. Providing them with everything they need upfront will help ensure that they have a fun and hassle free experience.
Step 6 - If you are unable to purchase your boat outright, consider various financing options. Head down to your local dealership or financial institution and find out what the going rates are. Compare and contrast your options and go with the one that best suits your individual budget.
Step 7 - Once you have made your purchase, be sure to maintain your boat on a regular basis. Just as with cars, boat require a fair amount of maintenance to keep them running in top shape. Stick to a strict schedule, performing safety checks and general maintenance tasks regularly. Inspect and replace any damaged or worn out equipment accordingly.
Step 8 - Have fun! Now that you抳e got your vessel, it抯 time to make the most of it! Treat your passengers with respect and watch the profits come rolling in!
