Alexander T Rooker

Your Boat as a Business 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.