The charter/party industry...
You can curse me, bash me, do anything you want to me but i am going to bring it up because i continue to notice it.
Why does the charter business continue to grow the wrong way? lower fares. I am an a completely different businesses and i see it happening in all industries, but the charter and fishing industry is the worst.
Could you imagine if everyone got together and made a standard price across the board? or is everyone a little to worried about their abilities to do so?
I see some boats popping up and in the industry getting less then 100 bucks a head for a full long long day, my question is WHY?
When it comes down to numbers and dollars and cents, you are not making any money. The charter business is hard enough yet we are paying 750 a day down here compared to over 1000 bucks a day else where.
I have no problem doing both, of course i would fish less paying 1000 a day, but why can not one boat around here get that much, or atleast 900 a day? the real reason is because there will be someone out there doing it for 100 for the same day, people do not look at numbers enough to realize that they are losing money.
I am just not understanding the logic behind it, getting into business now a days and not looking to optimize your profit potential, instead just make nothing and go fishing every day. Pretty sad, and although it is a free world, if you are retired, or have enough money to own a boat and just want to do it as a side business, find some friends, stay out of the business, it is saturated enough for everyone, why make it any worse?
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