This second edition is a comprehensive, entertaining guide to mixing boating with business. Leaping ahead of the first edition, this guide keeps up with a boating industry that has become much more regulated and competitive. It shows old salts and newcomers how to transform water-related fun into the pure pleasure of profitability-from starting a business, to accounting and budgeting, insurance, marketing tools, and the business plan. In understandable language, using terms that have excised the legal gobbledygook, it also provides requirements for licensing, documentation and vessel inspection, along with bareboat and crewed chartering. In a world of ever changing regulations, author Fred Edwards sums up the book's purpose with this pithy advice, "To save time, always check this book first; to save grief, check with the controlling agencies before you make a final decision." For anyone on the water, this book is a perfect and, possibly, a profitable gift.
I must admit I had not read Fred Edwards book before I started chartering my boat. If I had, no doubt I wouldn't have. Fortunately I had friends in the business who helped me to know what I needed to know and to learn the rest in the school of hard knocks. Making money with boats applies to the big operations, tour boats, sight seeing, fishing head boats; operations with lots of money to spend and lots to make. The business has become so complicated of late with homeland security issues, customs changes, passport requirements, DEA issues and the like that making money with boats is a tough sell. I'm glad I bought and read it, but it needs updating. Captain Conrad, author of "GOLD BARS" Chartering Your Boat for Money
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