Category: Outdoor Recreation

5 Tips Buying a Boat (Any Luxury Item) as a Business Asset

It is so exciting to own a boat or any luxury item.  When personal use is minimal you can make that as a business asset to ensure optimal utilization of the asset throughout the year.  Also owning them as a business asset will help in transportation so that you can combine the usage with an existing business or start a new line focusing on tourism and travel.  Follow the below tips for buying a boat or any luxury item as a business asset:

Income earning capacity:  Before making the buying decision assess the income earning capacity of the asset.  Not that you will start earning profits from day one.  But you should be able to reap back the amount invested within a reasonable time.  Also, take into account how much you need to invest to remodel the asset.  Profits should be sufficient to cover maintenance costs.

Durability:  Check on the condition of the asset.  You are buying the asset to use it for business purposes.  Hence the asset should be in a curable condition.  If you do not have prior experience in buying a boat, there is no need to worry.  Avail the services of 4 yacht who provide A to Z expert guidance for the same.

Used Assets:  It is better to buy used assets instead of shelling out more money on brand new ones.

Tax:  While buying boat or luxury item as business assets check the local law as to what tax benefits you can get.  You can show the interest on loans taken for this purpose and the depreciation as expenses.

Proper documentation:  Ensure proper documentation while buying the goods.  The previous ownership title should be clean.  Take legal advice regarding terms and conditions in sale deed.  Ensure that you do not face any legal issues after the purchase.  The conditions in the agreement must not be ambiguous.…

Top 10 Gifts For Anyone Who Loves The Ocean

Many people love the ocean. They love the smell, the sound and the feel of the vast blue sea. If you are planning to gift something to the person who loves the ocean, then it should be perfect if you get them something which reminds them of the ocean.  Below mentioned are a few things that are perfect for gifting.

Swimming gears- One could gift your loved ones different types of swimming or diving gears which they would love to use. You can check out various options like this Full face snorkel mask on Amazon which would be loved by anyone who loves snorkeling.

Body scrub, bath lotion, and creams- You can get the bathing essentials that are scented with soothing sea salt which reminds you of the ocean.

Jewelry – You can buy earrings or neckpiece which is made of shells or has different images like a mermaid, waves, starfish etc.

Reusable picnic and lunch set – The picnic and lunch set are essential for a day trip to the beach. Hence it would be best if you gift a reusable set as it avoids throwing disposable plates and cups.

Printed phone case cover- One could gift a phone cover with a print of ocean-related images.

Cups and saucers or side plates- The side plates and saucers are available in stores with different designs that remind one of the oceans like underwater images, waves, and sun.

Bed sheets and blankets- An ocean lover would love to have a bedsheet or blankets that has printed image of the beach or ocean.

Backpack – It is a useful gift as they could carry all the beach times in their backpack when they visit the beach.

Wall painting- If you want to give a more exquisite gift, then you could buy a beautiful wall painting with ocean image.

Doormat- Doormat shaped like waves would be a great gift.