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It doesn’t say “annual income”, or “annual revenue”. It is “net income” which is not always well defined for small businesses. It is roughly defined as the am
by jcampbell1 4y ago
It doesn’t say “annual income”, or “annual revenue”. It is “net income” which is not always well defined for small businesses. It is roughly defined as the amount of money you would expect to make running this operation after paying employees. What is the “net income” of owning a subway sandwich franchise? It is not the same concept as employee pay or revenue.
- doodlebugging 4y agoI wasn't trying to argue, just to point out that the numbers make no sense even as an average number across the whole charter industry. Income reported on various websites scatters widely from under $20k to over $300k depending on where you are on the totem pole. With many of these jobs being paid on a day rate I can see where your income potential is limited depending on where you are, which species pass through your area versus the ones that are native and whether you limit yourself to specific species or go any time a client books a trip. Looks like a complex industry. I only have personal experience from one offshore trip out of Coos Bay a long time ago on a boat full of people wanting to fish. We had to book well in advance and it was less than a full day outing. We did catch fish though.