FINANCIAL MANAGEMENTCHARTER YACHT BUSINESS CONSULTATIONWe provide analysis of the charter industry detailing in particular the current conditions with actual facts and figures based upon the type and size of vessel under consideration.
Reputable yacht brokers and even well-meaning yacht builders may suggest buying or building a yacht larger than buyers originally intended or require with the
objective to enter it into charter service. Big is beautiful, and often the decision to purchase a larger yacht is based on emotion and justified by the opportunity to "make money" in the charter business.
MAKE AN INFORMED DECISIONIt is often wise to obtain a second opinion, an impartial substantiation of the realities of the business. Research and fact verification is standard procedure before starting up a new business enterprise, particularly the charter business. Research of the actual facts and figures, seasonal trends, and most importantly
a review of the revenues and expenditures as compared to forecasted expectations. The figures may be most revealing.
The persons or brokers who stand to make a million dollars or more on the purchase decision might not be completely unbiased regarding the new venture. Charter can be profitable under certain conditions: with proper management, an eager crew and with a successful and proven promotional plan. It also can become a dismal
effort. We review actual and current data on every aspect of the charter industry and document an actual view from inside the industry using real-time data on which to base sound investment decisions.
Our associates have years of direct experience with charter operation and management and are in daily contact with charter vessels around the world. This accumulated knowledge and insight is unsurpassed.
The consulting analysis is fee-based, depending on the extent of detail and the depth of analysis that is required and/or the vessels marked for consideration.
Should you proceed into the charter business, we would be pleased to discuss assisting your venture with a package of financial, management, and promotional services.
CHARTER YACHTSWe strongly recommend spending time aboard a yacht similar in size and type and crewed similarly to the intended acquisition or investment.
We have a list of yachts to recommend for a familiarization charter which we would be pleased to provide upon request.
|