Annual Budget Creation

Burgess has developed a unique approach to cost forecasting, which follows a forensic method and uses in-house algorithms to predict costs based on numerous variables.

The key activities provided by the Budget Development Service are as follows:

Our Annual Budget Service provides structured financial planning, ensuring transparency and control over your yacht’s operational expenses for the year ahead.

Initial consultation with key stakeholders (owner, captain, and/or family office) to outline the yacht’s intended itinerary and operational plans for the year
Prepare a comprehensive overview report detailing the planned itinerary and identifying key cost drivers for the coming year

The client will receive a detailed 12-Month Financial Budget outlining all expected costs, broken down per month and per category, including:

Operational expenses (fuel, berthing, insurance, and general running costs)
Crew salaries and related costs
Main machinery servicing and maintenance
Auxiliary machinery servicing and maintenance
Refit
Class and statutory survey costs
The budget does not include owner specific upgrades or unplanned maintenance items

Gain full financial visibility and control over your yacht’s annual expenses.

Yacht Support Services

Discover the Burgess difference

With a managed fleet of over 100 yachts and the largest Yacht Management team, Burgess has huge experience in solving problems, building efficiencies and supporting yachts of all sizes, including yachts under 500GT. Our new Yacht Support Services resource lets you access any aspect of that expertise when you need it. Issue by issue, we’re here to make yachting easier and more enjoyable for you.

World-class expertise and a trusted fee structure

You can have Burgess experts on the phone - for the best support and advice when you need it. Burgess is on your side, from using our knowledge to anticipate risks and liabilities, to our fee structure where all associated fees are passed onto the client or at cost.

Support available in crew services and finance

We can source and recruit crew, ensure compliance with relevant legislation and provide training. We can also manage payroll and offer advice to prevent and solve crew disputes. Financially we can set up bank accounts, sort the credit cards, upskill in Sage systems and provide a dedicated Burgess accountant.

Compliance, insurance and technical support

Get organised with our Cloud-based system, order an any-time audit, clarify complex new legislation and make compliance simple with templates. Analyse and compare different insurance options and get expert legal support with claims. Order a yacht survey with analysis and get a robust PMS with support and training.

Emergency Response Chase Boat Support Document Organiser Survey and Assessment Banking and Payment

Crew Recruitment Refit Planning Airtime Research Fuel Bunkering Service Voyage Planning Service