please read!!!!!

Hookd Up · 03-14-2010, 11:22 PM

I want to start a inshore fishing business. What are the monthly bills that comes with having a fishing business?

Chris Phillips · 03-14-2010, 11:32 PM

Monthly expenses aren't too bad, but be prepared to spend some money on advertising to make it worth while... I'll be happy to answer any questions you may have if you want to give me a call (916.7176).

fisheye48 · 03-14-2010, 11:40 PM

do you have your capt license? the monthly isnt bad like chris said its the startup is what gets you....insurance, license, rods, reels, line, tackle...and so on

Hookd Up · 03-14-2010, 11:42 PM

i have a cousin that wants to buy a 24foot everglades bay boat and have me run it on charters.. is this possible for him to do and break even having a boat... what can i expect to spend on monthly bills..

Brant Peacher · 03-14-2010, 11:44 PM

To start up right and break into an already flooded market in this area you need to spend7 to 10 thousandright off the bat.

As far as monthly bills...you don't really have monthly bills. You only run chartersconsistantlyabout 4 months out of the year.

As a new business you will have to pay around 1000 bucks for insurance andabout 2 thousand getting your captains license.

fisheye48 · 03-14-2010, 11:46 PM

Quote:

Hookd Up (3/14/2010)i have a cousin that wants to buy a 24foot everglades bay boat and have me run it on charters.. is this possible for him to do and break even having a boat... what can i expect to spend on monthly bills..

it all depends on how much your insurance is, how many trips you run(fuel, oil, and other boat maintaince, etc...) it will vary from month to month

Splittine · 03-14-2010, 11:50 PM

Quote:

Hookd Up (3/14/2010)i have a cousin that wants to buy a 24foot everglades bay boat and have me run it on charters.. is this possible for him to do and break even having a boat... what can i expect to spend on monthly bills..

Your not going tohave that boat and brake even for you and your cousin. Like Brant said the inshore guides are becoming a dime a dozen with the ways new offshore regs are. You will have way to much over head to get in it and setup right.

captwesrozier · 03-15-2010, 12:03 AM

make sure your wife girl friend or mother makes 6 figures a year and you will be ok!!!!!!!

you may have better luck opening up a tackle store...LMAO

mdrobe2 · 03-15-2010, 06:02 PM

what's the old saying? how do you make a million bucks fishing? start with ten million...

all kidding aside there are some tax advantages if you run enough trips from what i am told.

Pinksnappertrapper · 03-15-2010, 06:32 PM

Lot of negative here. I wouldnt think it would be 7 to 10 thousand to start it up, Maybe if you are buying a boat also. It takes money to make money. Talk with Chris he knows just about everything you need to know about it. He was/is very successful at what he does and has alot of great information he isnt scared to share. Alot of charter guys will tell you this and that so you wont be motivated to do it. You start running charters thats less charters for them. WORD OF MOUTH is a big thing and advertisment.

03-14-2010, 11:22 PM	#1
Hookd Up Senior Member Mingo Join Date: Nov 2007 Posts: 182	please read!!!!! I want to start a inshore fishing business. What are the monthly bills that comes with having a fishing business?

03-14-2010, 11:32 PM	#2
Chris Phillips Senior Member Snapper Join Date: Oct 2007 Posts: 524	RE: please read!!!!! Monthly expenses aren't too bad, but be prepared to spend some money on advertising to make it worth while... I'll be happy to answer any questions you may have if you want to give me a call (916.7176). __________________ Captain Chris Phillips www.hotspotstackle.com www.hotspotscharters.com

03-14-2010, 11:40 PM	#3
fisheye48 Senior Member White Marlin Join Date: Sep 2007 Location: West Texas Posts: 3,100	RE: please read!!!!! do you have your capt license? the monthly isnt bad like chris said its the startup is what gets you....insurance, license, rods, reels, line, tackle...and so on

03-14-2010, 11:42 PM	#4
Hookd Up Senior Member Mingo Join Date: Nov 2007 Posts: 182	RE: please read!!!!! i have a cousin that wants to buy a 24foot everglades bay boat and have me run it on charters.. is this possible for him to do and break even having a boat... what can i expect to spend on monthly bills..

03-14-2010, 11:44 PM	#5
Brant Peacher Senior Member Grouper Join Date: Oct 2007 Location: Pensacola Posts: 914	RE: please read!!!!! To start up right and break into an already flooded market in this area you need to spend7 to 10 thousandright off the bat. As far as monthly bills...you don't really have monthly bills. You only run chartersconsistantlyabout 4 months out of the year. As a new business you will have to pay around 1000 bucks for insurance andabout 2 thousand getting your captains license.

03-15-2010, 12:03 AM	#8
captwesrozier Senior Member Sailfish Join Date: Sep 2007 Posts: 1,647	RE: please read!!!!! make sure your wife girl friend or mother makes 6 figures a year and you will be ok!!!!!!! you may have better luck opening up a tackle store...LMAO

03-15-2010, 06:02 PM	#9
mdrobe2 Senior Member Sailfish Join Date: Oct 2007 Location: Innerarity Point Posts: 1,220	RE: please read!!!!! what's the old saying? how do you make a million bucks fishing? start with ten million... all kidding aside there are some tax advantages if you run enough trips from what i am told. __________________ Mike 2009 Key West 1520 Pro 2009 70 HP Yamaha 2 stroke Garmin 540S GPS/Bottom Machine Sound by Clarion and Bazooka Coastal Night Lights Transom LED's Minn Kota Riptide Co-Pilot/Auto Pilot GPS Enabled Remote Control Trolling Motor

03-15-2010, 06:32 PM	#10
Pinksnappertrapper Senior Member Blue Marlin Join Date: Dec 2007 Location: P-Town Posts: 4,295	RE: please read!!!!! Lot of negative here. I wouldnt think it would be 7 to 10 thousand to start it up, Maybe if you are buying a boat also. It takes money to make money. Talk with Chris he knows just about everything you need to know about it. He was/is very successful at what he does and has alot of great information he isnt scared to share. Alot of charter guys will tell you this and that so you wont be motivated to do it. You start running charters thats less charters for them. WORD OF MOUTH is a big thing and advertisment.

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