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22 May 2014

Starting Your Career In Charter Fishing Business

By Marci Glover


Mostly, companies engage in fishing are providing an access to many tourists in an offshore fishing. If you are a person who loves water and outdoor activities, you can start your own business in Islamorada charter fishing. You will not just spending your time with different kinds of people, it is also a start of a successful opportunity in the industry. To start up with your business, you need to have some preparations.

You must start obtaining the necessary documents and papers. You should purchase a boat, obtain permits and insurances. You must be properly geared with knowledge and skills in managing your business to pleased your customers during their trip.

You must have a coast guard license for the legality of your business. You can apply a license from the trading office in your local area. Aside from it, you must have a tax license so that you can pay the necessary taxes in your state. The employer identification number is useful for the contribution of your taxes.

You must buy a boat that has at least 25 feet to accommodate a capacity of more than six people in the boat. You must select the boat that is in god condition and function. Aside from it, you must prepare necessary things like life preservers and first aid kit for any situation that will arise while on the trip. This is usually a requirement by most fishing companies.

A license from the fish and wildlife department is also important to have a legal fishing in the area. You should pay the fees for the license quarterly or yearly to maintain its effectiveness. This is important so that you will have a continuous legal operation.

You must register or enroll your trading in an insurance provider. This is to protect your whole business in case there are events such as accidents or injuries during the travel. This insurance normally has the coverage for the overall liability for the property and the compensation of workers.

You can also advertise through magazines, online or newspapers. This is a form of marketing strategies so that everyone will be aware of what service do you offer. This will also attract local tourist to try the trip. You can also create your own website so that you can post images and other major and minor information to the public.

You should also have an equipments in your boat. Maintained them by cleaning on a regular basis. You must be knowledgeable, especially in the proper handling and operation of every equipment. You make sure that everything is set up and prepared before accepting tourists and travelers.

Make sure to have a proper pricing for the trip. Do not set the cost that is lower than your overall expenses. Remember that anything is in high costs, that is why you need to mark profit margin. It is still best to have a research and inquire from other fishing companies about their pricing before setting your own pricing. You should know the average pricing that is imposed by the industry.




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