What to do next:
If you feel a Miramar Sailing Franchise is for you there are several things you need to investigate and consider for your own peace of mind. You are not buying a business, you are buying a license to use an established and successful brand that will enable you to start your own business and earn income far quicker than if you were starting from scratch. You should do a business plan with financial forecasts in order to satisfy yourselves that your business will return the levels of profit you require.
There is a difference between a “life style business” and a “corporate empire”. A Day Sailing Charter operation in the Caribbean is the former and a far less stressful undertaking than the latter.
We “started from scratch” and have the knowledge and experience to assist you with your plan. Before we can make a start, you need to:
- Consider which region of the Caribbean you would like to live and work in.
- Check any immigration and visa conditions your chosen region might have in relation to your nationality.
- Do your own market research in respect of potential, competition, cost of operation and living etc.
- Satisfy yourselves that you have a suitable vessel and appropriate qualifications to operate the business safely and professionally.
- Be prepared to re-register your yacht under the flag of the region.
- Ensure that you have sufficient working capital to fund your start up phase.
- Be confident that you have the interpersonal skills necessary to entertain and satisfy the wide range of tourist personalities you will be catering for.
- Be prepared for a formal interview with us and the travel that might involve. Initial interviews will be conducted by video conferencing and travel will be limited to one final interview and probable agreement signing.
- Be determined you want to “live the dream” and succeed.
Once you are happy with all of the above, complete the brief application for the region you have decided upon and together we shall take it from there and the next phase of your life will be within reach!