The best way to make a million dollars in the charter business is to start with two million dollars.
Having said my negatives. Try chartering in your own area and see whats missing and then work out why. There may be no budget
vessels or too many budget
boats. Or vice versa with expensive boats. Then ask "why is the market like this"
The main thing I have seen with charter fleets is that they usually comprise of a little of both. The boats are then available for Corporate/tourist day sails
charter and sail training. The blend of options maximising your potential client base.
Sail training is great. You teach a couple how to sail, then charter vessel to them once they have learnt. Some schools I have worked with have reciprical deals with other schools in tourist areas. Creating a "learn here- sail there" scenario. You then become and agent for the other charter co and vice versa.
The thing you have to remember is that the boat becomes a "working vessel". You will need to be on the water
as often as possible , including rainy winter days and weekends of course.
People wont treat it the way you would want to treat it. Deck
Jewellery (pretty females living on "his" money) will show up full of rings/necklaces and sometime high heals. And wont understand why they cant have a champagne while youre busy trying to hoist the main. Dont expect much help from that type. They may break a nail and the world will end. Ahh, the joys of charter.
On the other hand, just about all adult students I have met have been fantastic, eager, keen, motivated and so on. They are excellent when you need that extra hand to do a delivery
No doubt you will need all the relevant Licences/Insurance etc from your local state/country/association. If you have a Boating
Industry Association, or similar, in your region they may be able to help.
I have worked for a charter company/school plus I ran my own school
for a few years using a 24ft trailerable. To be honest it spoiled sailing a little bit for me, as it was no longer that one thing I had to get away from the stress of work, as it was the work. Having said that. It certainly beats a real job.
Good Luck with it