Tag: boat sharing business

How much should I charge to share my boat?

Anyone who has shared, or thought of sharing, a boat has had to face the question of how much to charge partners.  In a shared ownership or syndicate scenario the question gets a little easier, i.e., split all costs according to percentage of ownership for each owner.  When you want maintain ownership but share your […]
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Create a Boat Sharing Business on Nautical Monkey

Our boat sharing business sites section has been getting a lot of activity the last few months so we thought we’d outline some of the main features of this newest offering from Nautical Monkey. Our boat sharing business section allows people who are interested in creating a boat sharing business to establish a custom site (such […]
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Nautical Monkey Site Updates for May, 2014

We’re still busy little bees here at Nautical Monkey – much like you good people no doubt! Our development staff has been busier than the rest of us however – we have a slate of brand new boat sharing, member pleasing features to show off to you all. Scheduler Updates Three 8-Hour Slots: The scheduler […]
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Ready to start sharing a boat this season?

Ready to start sharing a boat this season?  Would you believe that 2014 is almost three twelfths over already!  Whatever your boat sharing plans and aims are for this year, you best get on with them. Time flies after all!  Sure it’s still 30 degrees outside, but there’s no time like the present to get […]
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How to Track Expenses and Payments in a Boat Sharing Relationship

One of the biggest problems we encountered when we first set up our boat sharing relationship had to do with tracking expenses and reconciling member payments. As a matter of convenience, sometimes my partner gassed up the boat, sometimes I did. Sometimes he paid for cleaning, minor repairs, oil changes, or a new flashlight and sometimes I did. How were we to keep track of these minor (and some not so minor) costs associated with sharing a boat?Initially, we sent emails back and forth with the amount we paid and tried to reconcile things on a month or semi-monthly basis. This system broke down quickly for obvious reasons.
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Nautical Monkey Update – My Boat Sharing Business

Nautical Monkey is coming up on our 3rd birthday and boy are we excited. We’ve spent the last 3 years writing thousands of lines of code, building a great resource of articles, tips and informational posts, we’we’ve completely revamped our online scheduler and many other aspects of our web site. We’ve been growing our membership daily […]
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