Set up your charters as a business usually an LLC and make sure you have adequate insurance to cover liability and damage to the vessel.

How to start a charter yacht business. All boats need safety gear such as life vests life rafts as well as a fire extinguisher as mandated by law and common sense. Geographic areas and extended charter seasons. Here it is a preliminary list of elements we are going to discuss.

Starting a business that lets you spend your days on a luxury yacht cruising to exotic locations and hanging out with the rich and famous is without doubt an interesting and appealing business. Motor vs sail and monohull vs multihulls catamarans Contracts and service standards. Private yachts must be licensed for commercial use when taken out on charter.

Ah the good life. A Typical Day On Charter. Our focus is on nature and wildlife tours as well as educational cruises that help yacht owners and bareboat charterers refine their skills.

If your dream is to be a crewed charter captain. You can purchase your yacht to your specifications including an owner version layout set the yacht up as a business operate it with the help of a charter company anywhere worldwide and have your yacht at least partially or fully paid off at the end of the contract period by applying business revenues and tax advantages. If you plan to start a fishing-charter boat business then bait tanks and fishing pole racks are necessary.

To operate a yacht chartering business you must have a pilot license. Our restoration of the David B took eight years and in 2006 we achieved our goal of starting a charter boat business. Starting a yacht charter business.

Dream Yacht Charter assigns a captain and crew to pamper charter clients as well as the owners and their guests. To keep the yachts running and maintained in top shape as well as earning some yacht. You then need to determine how you plan on reaching your goal.