Tips for Managing Yearly Fishing Income

Tips for Managing Yearly Fishing Income

Torie Baker and Glenn Haight

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When summer fishing season is over, it’s time to act on financial strategies for your fishing business. This publication will help you organize a financial management to-do list: meet your tax preparer, strategize long-term investment in your operation, pay down debts, and save for retirement and next year's start-up. Whether captain or crew, the season is not done until bills are settled, the boat is winterized, taxes are estimated, and business, family, and personal financial needs are evaluated.

This is part of the Alaska Sea Gram series.

This booklet is part of the Alaska Fisheries Business Assistance Project (FishBiz), providing information and resources to Alaska's fishermen, processors, and marine-related businesses.

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