Managing the financial end of owning a yacht can be a huge time commitment for any yacht owner, and it can definitely be a headache for anyone who isn’t inclined towards budgeting and finance. That’s why Joshua Kerrigan is pleased to offer financial management, budgeting, and crew services through his business, Yacht Management, Inc.
Whenever a new client signs up for a yearly maintenance package, Joshua Kerrigan and his financial staff will help the owner establish a yearly budget. Each every, Joshua Kerrigan’s staff will send out an account statement, and three months, the owner will receive a report on “actual” versus “budget” costs, so that they remain aware of any market fluctuations and whether they are saving or potentially overspending. In line with this approach, Joshua Kerrigan and his team check all prices and verify delivery before payment so that the owner doesn’t have to worry about spending more on parts and maintenance than your allotted budget.
If an owner’s yacht includes a dedicated true, Joshua Kerrigan’s Yacht Management, Inc., can also take care of payroll, recruitment, and even medical insurance plans. Joshua Kerrigan’s staff can make sure that all contracts are in compliance with MCA regulations, and can handle taxes based on the yacht’s flag. Yacht Management, Inc., financial staff are also willing and able to deal in multiple currencies, so whether your crew and yacht hails from Boston or the Bahamas, Joshua Kerrigan’s staff can complete all necessary transactions for the smooth sailing of your yacht.
These financial management services can be a boon to any yacht owner who is concerned about budgeting, staff payments, and accounting. Call Joshua Kerrigan and Yacht Management, Inc., today if you’d like to have financial worries taken off your hands so that you can concern yourself with what you love most: yachting.
