How to Turn a Hobby Into Cash – The Business of Boating

Love being on the water? Want more time for your boating hobby? Why not make boating a business?

There are many different ways to take a boat and turn it into a money machine. It just takes a little creativity and a love of being on the water. Most people only think of a few ideas when they think of how to make money with a boat.

The primary method would be to captain a fishing boat. You want to make sure you have the right type of boat for this. Do you need a bass boat for sale, or maybe an inshore saltwater fishing boat, an offshore saltwater fishing boat, freshwater fishing boat, or some other kind? If you are going to be the captain, this is something you probably already know, but remember that if people will be paying to go fishing, the experience must be memorable, and how well the boat does is one of the main things that can make or break a fishing trip.

If you are just going to be the owner of the fishing boat, and you will be hiring a captain, then it is highly advisable to get the captain involved in the purchase of the boat. The final decision is of course yours, but listen to the reasons of the captain. He will do much better, and make you both more money, if he is comfortable with the boat and can make the most of it.

There are many other ways to make money with your boat. People love to hold events on boats, such as parties and dances, even weddings. What cold be more romantic to a lover of the seas than getting married on a boat? There are two routes to go for this type of activity. A pontoon boat or other flat boat could be excellent for dances, parties, and even music events. If your budget allows, a large sailboat can do the same thing with a bit more pomp and circumstance. A schooner is one of the ultimate places to host high-end parties or weddings.

A larger boat that can go a bit offshore could be turned into a whale watching boat if you happen to be in a part of the world that has whales. This is a boating business that is in high demand. Some whale watching tours have waiting lists months long.

If you are near a historic area, guided tours of the coastlines and waterways can also be another excellent way to earn money on a boat. A little research of many areas can uncover fascinating history that can only be accessed and properly seen form a boat.

Another boating business that can be lucrative, but might be regulated (check your local ordinances) is education, such as teaching boating safety, or how to sail. This can be a lot of fun if you have patience to work with landlubbers and greenhorns!

The list can go on and on. How about ski trips, scuba diving excursions – you are only limited by your creativity and the type of boat you acquire for the business.

The greatest benefit of any business from a boat is that you can earn money doing something you love. Happy Boating!