I have no experience with guides or guiding
Well, then thank you for your expert opinion on all things guide related..
Gear? Guides fish (not talking about when they are actually working) and would have all the gear already even if they were not guides. Gears a wash.
Do you go out a buy a new quiver of rods every year? Rods to fish with yourself + loaners for your clients? Lots of guides are set up to rep for manufacturers, sure the pro-deal is sweet but they're often expected to showcase the latest and greatest offerings, not fish 5yr old beater sticks and reels. So that means a whole range of sticks every year, do you buy a new quiver every year? Not a wash.
How much for guide flys? 10 bucks, 15 bucks? Most guides tie their own right so this is an insignificant figure.
Sure for one trip, but when you're covering an entire year's worth of hatches and need to be ready for any and all conditions on any given day, that's a lot of flies to have on hand, it's not just the flies you use that day...and tying your own still takes time. Time that could be spent fishing themselves or taking out another client.
Lunch for the client, 20 bucks?
Maybe out of pocket, but your guide still has to go pick it up before your day on the water or spend the evening before putting it together, more of their time you don't see as a client.
I realize there are insurance and license fees but that's spread across many clients. But lets just say you don't have many clients and assume that it costs 25 bucks per client for fees. So lets assume the total cost is 360.00 for an 8 hour day. Lets juice our expenses up to an even 75 bucks to cover our gas just for the hell of it. That's 35 bucks an hour. If he chooses to work past 8 hours that's great but also not uncommon for any working stiff.
Sure, if you only count those 8hrs spent on the water as the only time he's 'working.' He still needs to clean the rig, pack your lunch, tie your flies, scout conditions, etc, etc to make that paltry 8hr workday a memorable experience so you'll come back again...
Paying the taxman is a wash to since we all pay the tax man, the social security man, the insurance man and every other man out there.
Yeah, and that all comes out of that $400. I see how much gets taken out of my check every week, so to say that his $400 fee is 'mostly profit' is laughable, I see profit as money that goes into my pocket, all those taxman types are grabbing their share before it even reaches my account.
So just what are the expenses that I'm not seeing?
You're not seeing, nor are you accounting for all of the behind the scenes work a guide does to make your day a success. A guide's day doesn't begin and end when you shake hands at the start and end of the day, they work hard in those off hours to insure the time you spend with them is a quality experience. Tying flies after a long day on the water, cleaning the rig, whether it's just your crumbs out of the passenger seat or washing the boat after the sun has set so it's fresh and ready for the next sport he puts in the seat, to watching the weather and keeping tabs on the waters they fish. These may not be 'expenses' on the ledger in your 8hr a day world, but it is time that they're putting in so that 8hr workday is a special one for you, client.
Guiding ain't easy and I'm glad there are plenty of guys out there willing make a go of it, they aren't getting rich, but if you're good you're going to do more than just make a 'supplemental retirement income' and can make a living out of it. Good guides are worth their weight in gold.