Have you been considering investing in a boat business, may be a boat hire or a boat taxi business; but developed cold feet about the whole venture, when you got to think about the often very highly involving mechanics of boat management? Well, you may find consolation in the fact that you are not alone: many people who consider investing a boat business quickly shelve their plans, when the reality of management project they would putting upon their own shoulders dawns on them.
More constructively, you may also take consolation in the fact that there are a number of companies that have come up in many places in the world (especially in coastal and lake cities) that provide boat management as a service, so that all a boat owner has to worry about is buying a boat...and they take over from there, delivering regular returns to the boat owner. And so successful has this way of doing business proved to be, that the companies that originally started in boat management are branching into ship management, involving the application of principles that proved workable in the management of boats into ship management, only this time on a larger scale.
The arrangement, by the way, is usually simple; and quite fair to all parties involved. You will typically be required to purchase your own boat, then approach one of these firms that are in the business of managing boats, get into a management agreement with them...and then head home, to await returns on your investment. These guys handle everything for you, right from finding business for the boat, to its maintenance and staffing - usually for quite a modest commission, in some cases as low as ten percent of the margins that the boat makes everyday under their management.
With this model for managing boats, it becomes possible to actually set up a boat 'business' - where you have 'your money working for you' something that used to be impossible in the previous order of things, which typically required for you to rush around looking for business for your vessel, chase after the crew to ensure they were working correctly, keep looking for spares and other maintenance bits; so that at the end of it all, you ended up in a 'boat job' working for your money, rather than having your money work for you in a boat business.
Yachting4u.com is a Yacht & Boat Yacht & Boat business directory aiming mainly to business customers and suppliers. The site lists more than 50 categories and thousands of businesses throughout the US. You may find information about ship/boat management.
More constructively, you may also take consolation in the fact that there are a number of companies that have come up in many places in the world (especially in coastal and lake cities) that provide boat management as a service, so that all a boat owner has to worry about is buying a boat...and they take over from there, delivering regular returns to the boat owner. And so successful has this way of doing business proved to be, that the companies that originally started in boat management are branching into ship management, involving the application of principles that proved workable in the management of boats into ship management, only this time on a larger scale.
The arrangement, by the way, is usually simple; and quite fair to all parties involved. You will typically be required to purchase your own boat, then approach one of these firms that are in the business of managing boats, get into a management agreement with them...and then head home, to await returns on your investment. These guys handle everything for you, right from finding business for the boat, to its maintenance and staffing - usually for quite a modest commission, in some cases as low as ten percent of the margins that the boat makes everyday under their management.
With this model for managing boats, it becomes possible to actually set up a boat 'business' - where you have 'your money working for you' something that used to be impossible in the previous order of things, which typically required for you to rush around looking for business for your vessel, chase after the crew to ensure they were working correctly, keep looking for spares and other maintenance bits; so that at the end of it all, you ended up in a 'boat job' working for your money, rather than having your money work for you in a boat business.
Yachting4u.com is a Yacht & Boat Yacht & Boat business directory aiming mainly to business customers and suppliers. The site lists more than 50 categories and thousands of businesses throughout the US. You may find information about ship/boat management.
