Picture form Unsplash
Commercial boats can be a great way for entrepreneurs with limited cash to get their businesses up and running. There are many more benefits and drawbacks, so you need to weigh them before deciding whether commercial ships are the best option for your company. Remember that these boats come at a cost, so if you’re looking for free alternatives, such as renting them outright from a local marina, that may be your best bet. Here are the pros and cons of using commercial boats as your business vessels.
1. Better Access to Locations
One of the best things about using boats for your business is that they have a lot of advantages that land-based businesses do not. Boats have access to areas that land vehicles cannot, so you can serve clients better than using standard cars and trucks. This can give you an advantage in the market and help you get more clients.
2. Less Restrictions
Using a boat is your best bet if you have a project that requires you to travel in certain areas. You can sail into whatever area of water you need to be in and continue with your work because the government does not have many restrictions for vessels on the water as they do for land vehicles.
3. Harder to Track
While you can get a boat that is not registered or does not have proper documentation, this is not something you can do for every boat. The best way to avoid problems with the government each time you take out the waters is by registering your boat and having all the necessary documentation. In many cases, the easiest way to do this is to buy a good-quality catamaran that has gone through many safety measures and can be trusted.
4. More Convenient for Travel
Unlike standard land vehicles, boats are more convenient for travel because they don’t have a set route and can go where ever you want them to. This is very valuable in case you need to travel in some rural areas or cities where there are restrictions on land vehicles.
5. Affordable Insurance Options
If you buy a vessel for your business on a shoestring budget, you may not want to pay the rates that larger businesses do. Most commercial boats have pretty low insurance rates, which is why they are cheap to purchase. This means that if you have small claims against your boat, such as damage to the bow or hull, the price will be cheaper than if you were leasing a commercial vessel from the government. Commercial boat insurance helps cover any damage you may have to put back into your vessel.
1. High Upkeep
Boats are much more expensive than standard vehicles in terms of purchasing and running costs. You need to take great care of them, ensuring that they are well-maintained so that you can continue using them for a long time. While they are cheaper than many businesses, they are not free, and you need to plan out the costs before purchasing them.
2. Difficult to Obtain a Commercial License
You must have proper licenses and registrations to use your boat as a commercial agent. These can be very difficult to get, especially since there are so many requirements you must follow. In some cases, they are only available through specific schools and programs, which can be very expensive. Make sure you take the time to figure out what type of license or permits you need before purchasing a boat and trying to run it as your business.
3. Issues with Proper Storage
Licensing and registration is not the only issue you will face when using a boat for your business. You also need to have the proper storage for your vessel so that it does not get damaged when you are not using it. If you do not have the right spot, such as a dry dock or a secluded water area, your boat can easily get damaged and become unusable.
While many people think that commercial boats are not good for business, they can be a great way to get your projects off the ground and give you much more latitude in the market. If you’re looking for something that is easy to use, comes with a range of perks, and has low costs, commercial boats may be the best option. Commercial boats are not easy to get, so make sure that you do your research first and buy the best boat that you can afford.