Yacht Charter Management Services differ depending on the management companies and offer big advantages to yacht owners by allowing them to cover their yachts’ running costs and bring additional profit. Financial gain of the yacht owner depends on the type of agreement. Charter management companies provide different options like pre-approved financing, guaranteed monthly payments or performance based income.
The advantages of giving ones yacht to a charter management program can be listed as below:
- Convert pleasure/hobby to an investment and then into a revenue creator.
- Cover the running costs of yachts, and reduce the costs of yacht ownership.
- Charter reputation helps to increase the resale value of the yachts.
- High maintenance standards, that increase the resale value as well.
- Maintenance and repair of a yacht due to a professional team,
- Brokerage support
- Promoting yachts to a targeted and established network of clients and yacht brokers worldwide.
How to choose a Yacht Charter Management Company
- The company should get relationships with retail charter brokers around the world.
- The company should have legal advisors.
- The company should be a member of local or international yacht associations.
FOMCS offer yacht charter management software for companies and also yacht owners including tools for all Yacht Charter Management Services. FOMCS yacht and charter management software make everything what you need to do.