It is often said that managing a superyacht is like running a business. We certainly replicate many of the same financial practices: forecasting and managing budgets, ensuring cashflow, helping set up payroll schemes, the list goes on.
We handle all financial matters in-house with a team of highly skilled and immensely experienced accountants. Clients enjoy one point of contact and the knowledge that an incredible team backs them. Your Sunseeker SYM representative will discuss financial arrangements with you and your captain, ensuring your yacht is compliant wherever you are operating.
Each month, you will receive customised accounts illustrating a breakdown of expenditure. These will highlight payments to suppliers and outgoings on the captain's credit card, all of which we manage. Ours is a professional, business-like operation similar to any of your other interests or businesses.
Adopting the new generation Deep Blue real time yacht management software, our team can manage your yacht from anywhere, at anytime, using a simple user-friendly mobile interface. From financial accounting to crew and yacht documentation, engine room maintenance, logbook, charter activities or working shifts arrangement and MLC compliance, we can manage 100% of the operational needs of our fleet remotely, and you can rest in the knowledge that your asset is safe and secure.
Without the support of the right management partner, the ownership of a yacht can rapidly become both time consuming and difficult. Instead, thanks to SYM, we are free to enjoy BV.
Although we have been in the service industry ourselves for many years, we are first time yacht owners. In dealing with Ben Young and the SYM team, we have absolute peace of mind that our interests as the client are always put first. The level of care and attention we have received have been exemplary.
We have learnt too that apart from the decision as to which boat to buy, along with who captains her, the most important decision is who manages the business side of owning the yacht. Without the support of the right management partner, the ownership of a yacht can rapidly become both time consuming and difficult. Instead, thanks to SYM, we are free to enjoy BV.