GoBoat is a new business concept that utilizes local fishermen as shuttle traffic for tourists between Canggu and Uluwatu. This unique approach not only provides an efficient and affordable way for tourists to explore the beaches, but also supports the local economy.
By partnering with local fishermen, GoBoat is able to create jobs for the local community. This not only helps to improve the livelihoods of local fishermen but also helps to preserve traditional fishing practices. GoBoat's approach helps to keep traditional fishing methods alive and support the local economy, which is important for the island and its community.
GoBoat's ability to increase trips and boats as demand increases also helps to ensure that the company can continue to support the local economy. As the company grows, it can create more jobs and support more local fishermen. This not only helps to create a sustainable business model but also helps to support the local economy in the long term.
In terms of operations, GoBoat works closely with local fishermen to ensure that their boats are maintained in good condition and that they have the necessary licenses and insurance. GoBoat also invest in safety equipment such as life jackets, communication devices, and emergency procedures training. The company uses a local operational manager to oversee logistics and communication with fishermen, and has 2 staff members per boat trip to help customers embark and disembark.
In terms of financial projections, GoBoat estimates that it will need an initial investment of 20,000 USD to cover the cost of developing the app and website, purchasing safety equipment, and marketing expenses. The company expects to generate revenue of X IDR per month, with a profit margin of 66% after paying tax and fees. Salaries are capped at 10% of sales. The company plans to break even within the first year of operations and achieve profitability by the second year.
In conclusion, GoBoat's partnership with local fishermen not only provides an efficient and affordable way for tourists to explore the beaches, but also supports the local economy. By creating jobs for local fishermen and preserving traditional fishing practices, GoBoat is helping to build a sustainable future for the island and its community. The company's ability to scale up as demand increases also helps to ensure that it can continue to support the local economy in the long term. If you're looking for an eco-friendly and sustainable way to explore Bali's beaches, give GoBoat a try!