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Old 01-17-2013
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Re: Charter business

Quote:
Originally Posted by sailingfool View Post
If you work for for someone else you'll make $20/hour, no benefits. To have a shot at making money in the charter business you need to own the business...and the business needs to be a success. Even in a temperate clime, that is a long shot. If you are doing a 6pack daytrip business, you'll need to pay for the boat, the dock space, business costs, and a mate's salary before you make a buck.

Having a scheme where you can count on a consistent 70-80% occupancy level on an inspected vessel, would give you a chance at making a iving, but finding that level of business is challenging.Cheers Sailing Charters on Hilton Head Island
This is all great info as well!
Many thanks again!!
It certainly sounds like a challenge to make a living wage at the business, even if one is additionally diversified with other related gigs, but clearly there are individuals and orgs out there that are doing it... so my question then becomes, what are some of the key ingredients to a successful business model with this? Certainly marketing must play a large part, not to mention word-of-mouth reputation, but further than that what other considerations come into play here?
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