Most permit banks will need to purchase their own permits in order to begin leasing to fishermen. Before you make your first deal, there are some important factors to consider, such as how you’ll cover the purchase price, what defines a reasonable purchase price, and where to find that permit.
This lesson will help you determine the best strategies for meeting your capital needs.
Before you start to hunt for funds, take a look within your organization and see what resources may be there to help you in your search.
By the end of this lesson you will be able to:
This lesson will help you determine how much it will cost to buy the permits and quota for the permit bank.
Quota prices are usually expressed in $/pound. The price of quota is driven by buyers’ and sellers’ beliefs about how much can be earned through ownership of the quota.
By the end of this lesson you will be able to:
This lesson will help you figure out how to find permits and quota.
Your first concern when deciding what permits to buy should be what your community needs.
By the end of this lesson you will be able to:
