1. Research the market and choose your location: Identify potential customers, check out the competition, research local laws and regulations, assess tourism opportunities in the area.
2. Secure financing: Investigate sources of capital to finance your business such as bank loans or venture capital.
3. Acquire a vessel: Determine the size and type of vessel you will need to accommodate passengers, and begin your research on dealers or private sellers.
4. Obtain necessary permits and licenses: Contact state and federal authorities regarding safety regulations such as life preservers, fire extinguishers, radios, etc.
5. Prepare a business plan: Outline the company’s goals and strategies, identify potential risks and develop an action plan.
6. Develop marketing strategies: Research potential customers, create promotional materials such as brochures or websites to generate interest in your services.
7. Hire staff: Determine the number of employees you need to operate the business, and choose experienced staff who are passionate about the industry.
8. Set prices: Analyze the competition and decide on a pricing structure for your services.
9. Launch your tour business: Promote your services through various methods such as radio, television or print advertisements.
10. Monitor customer feedback: Monitor customer reviews and ratings to assess the quality of your service and make any necessary changes.