Your Boat as a Business: ...... having Tips For Success

By Alexander T. Rooker and Capt Alexander T Rooker

Having your boat as a business can be a very fulfilling endeavor. Imagine having a regular reason to do what most others only do for recreation. To be a business, however, it has to be run as a business. This book's author, Capt. Rooker, and his wife Diann have a boating business based on a Gemini catamaran. They offer day sails on their boat, plus Alex provides contract captain work for other companies. Having a Business Degree and having earned a CMA -Certificate in Management Accounting, he has provided personal insights into what he feels needs to be in your Boat Business Plan. He says that, additionally, you should hire a professional tax adviser (CPA or attorney) to review your plan- before you begin the business.Included in the material are: > insights from tour captains, fishing guides, and charter operators; > a business plan outline; > excerpts from the IRS Audit Technique Guide; > over 100 questions an IRS Auditor might ask; and > a sample spreadsheet with "break even" formula.The companion book, "Boat Business Activity Log", provides a means to track business and personal activity for a vessel. When allocation of expense is needed, the Log offers a record of use.

• Format: Paperback
• Language: English
• ISBN: 1720656452
• ISBN13: 9781720656456
• Release Date: July 2018
• Publisher: Createspace Independent Publishing Platform
• Length: 84 Pages
• Weight: 0.27 lbs.
• Dimensions: 0.2" x 6.0" x 9.0"