By Peter C. Peterson
Know the process and all the parties involved; make contacts with the agencies and conduct preapplication
meetings; hire a consultant if the project is difficult; prepare a complete permit
package with clear figures and information; be prepared for questions, and respond in a timely
manner; be realistic about timeframes; don’t let the permits expire; and make sure and submit all
post-project requirements such as completion notices and as-builts.
Making Marinas More Profitable
Budgeting your way to success.
By James L. Fry. Adapted From BoatingIndustry.com.
Tips From the
Article:
Take a look at the “fixed” expenses or overhead items like property and personal taxes, insurance,
and management expenses first. The cost of insurance represents a significant part of overall costs
for marina operators yet many don’t make the time to shop for the best and most affordable
policies. With regard to management overhead, take a look at your staffing plan and look for
efficiency. Part of your planning and budgeting process should include a review of significant
repair and renewal projects at your marina; Take a look at marketing and advertising expenses.
Look hard at all the “things that we’ve always done.” Are they all still necessary or appropriate?
9/26/2017 12:00:00 AM
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