How to Start a Flight School | How to Start an LLC

 

flight school business plan

Oct 07,  · My friend Howard Nock has started and operated several flight schools over the years. I asked him to write this article providing the general steps on starting your own flight school business. His experience and insight into the flight school industry is helpful for . Lansing Aviation aircraft rental instruction business plan executive summary. Lansing Aviation, LLC is a start-up company for aircraft rental, flight instruction, and aviation consulting services. Jun 13,  · The best flight school owners are often seen by their teams as usually friendly but very bottom-line-oriented and not to be crossed. The flight school business is capital intensive (that is, you’ll need lots of cash flow to keep the thing going), and being a little hard-nosed is one of the job requirements. 9. Your most important role is CEO.


How to Start a Flight School Business | Ask a Flight Instructor


Are you about starting a flight school? Okay, flight school business plan, so we have considered all the requirements for starting a flight school. If you are interested in starting a flight training school, then the first thing to consider before launching this business is how to secure all the required licenses and permits needed to run the business, the airspace regulations in your chosen location, the ideal insurance and the type of aircrafts needed to run this type of business.

The next thing to consider would be how to get the different types of aircrafts needed and how to make the necessary adjustments, flight school business plan. The options available are outright purchase or leasing; outright purchase is usually more expensive than leasing, flight school business plan. You will also have to decide how many aircrafts you need to start with, bearing in mind that the higher the number of aircrafts and professional flight instructors your business owns, the more earnings your business makes.

The aircrafts have to be well maintained, so that you would enjoy high turnover. You could decide to contract the maintenance out, or hire your own maintenance staff, which could prove more expensive for your startup business initially, flight school business plan.

In other to capture a fair share of the available market in your location, you would need a good website and ensure that it is Search Engine Optimization SEO compliant if you intend to achieve a good number of visitors, flight school business plan. The truth is that your website ensures that your business remains visible flight school business plan your customers.

You can even ensure that your customers get to book and pay online so as to make it more convenient for them. Lastly, you would need a good business plan to be able to launch a successful business and below is a workable flight school business plant template that will help your draft yours. The flying school industry is made up of establishments that primarily provide aviation and flight training for vocational and recreational purposes. While the new regulation is expected to improve pilot safety, major regional and commercial airlines contend that it adds a significant barrier to entry for would-be aviators, exacerbating the pilot shortage crisis.

Going forward, the Flight School industry is projected to grow. As the economic recovery speeds up, per capita disposable income is expected to expand, flight school business plan, as are corporate profit levels. Nevertheless, heavy competition in downstream industries such as commercial airlines, will dissuade some intended students from pursuing a career as a pilot. The Flying Schools Industry is indeed a large industry and pretty much active in most developed countries of the world.

The industry is projected to grow at 0. Commercial flights generate the most demand for aviation and piloting services; therefore, flying schools are typically located close to metropolitan hubs as well as popular regional airport hubs.

States flight school business plan significant military bases also draw flying schools, flight school business plan military aviation training. The report further stated that areas of the country with fair weather are typically attractive for industry operators, as it provides students with a safe environment to test flying skills.

Therefore, the Southeast region houses more flying schools than any other region, at Please note that the flying school industry has high barriers to entry.

In addition, classroom facilities and equipment can be rented on an as-needed basis, resulting in relatively moderate initial infrastructure costs.

The main factors that may prevent new players from joining the industry include course development and accreditation costs, as well as a high level of regulation.

Among flight schools, rapidly changing technology can be costly. Operators must balance the benefit of offering up-to-date courses with the cost of producing such coursework. Additionally, flight school business plan, reputation is important and it takes time to build, flight school business plan.

The tough part as it relates to start-up costs most likely is the need to secure a standard and well — positioned facility and licensure. Regardless of high barriers to entry, the competitive nature of the industry makes it very difficult for new operators to break even within flight school business plan short period of time in the industry.

So, if you are looking towards making money from the flying school industry via running your own flight school, you should first meet up with the requirements in your country before launching the business. The truth is that if you do not secure the required license and accreditations from the appropriate authority before starting your flying school, you stand the chance of having your school flight school business plan down before it even takes off.

We are well equipped to train people on how to fly various types of aircrafts both for vocational and recreational purposes, and also re — training of professional pilots to meet with international best practices as it relates to flying aircrafts commercially. Although our intention of starting our flight school is to offer only the above stated services, but we will not close our doors to diversification additional services as long as it does not affect our core services. In the bid to maximize our intended position as the leading flight school in the whole of Kentucky, we will flight school business plan that we regularly update our teaching approach to meet up with the trend in the industry.

We are quite optimistic that our values and quality of service offering will help drive our flight school to enviable heights and also help us attract the number of students that will make the business highly profitable. We will be dedicated to establishing good business relationships with our students by giving them value for their money and reasons why they should continue to recommend their family members and friends to us. Our corporate business goal is to be among the top 5 flight schools in the United States of America.

As a company, we are willing to go the extra mile to invest in some of the finest professionals we can find and also, we have put processes and structures in place that will ensure that we are always at the top of our game when it comes to impacting knowledge.

We are quite aware that in order to become the number one choice in our city, we must continue to deliver quality and safe flight training. We are open to the use of latest technology in the commercial flying school line of business. Our excellent customer service and of course the testimonials from our students will surely help us to welcome new students on a regular basis. These are the services we will offer as a commercial flying school. Our Vision is to become the number one government approved commercial flight school in the whole of Frankfort — Kentucky, United States of America.

Our mission as a government approved commercial flight school is to develop a highly successful and profitable commercial flight school which provides quality training in our community and to become the standard for an ideal commercial flight school not only in Frankfort — Kentucky, but also throughout the United States of America.

We want to build a business of dedicated workforce who will go all the way to ensure that our students are satisfied and they get value for their money when they enroll in our flight school.

We aware that it takes a business with the right employees and structure to achieve all what we have set to achieve, which is why will be putting structures and standard operating processes in place that will help us deliver excellent trainings and run the business on auto pilot. The success of our flight school will be anchored on the team not on any individual. In the United States, a flight school is one of the many businesses that can easily generate business deals with little stress as long as they are well flight school business plan and equipped to carry out their trainings.

We are building a standard flight school which is why we have decided to subject our business idea to SWOT Analysis. We hired the services of a Business consultant with bias in startups to help us conduct SWOT analysis for our company and she did a pretty job for us. Another strength that counts for us is the power of our workforce and management.

We have a team that are considered experts in the flying school line of business, a team of hardworking and dedicated individuals. We are centrally located in one of the busiest areas in Frankfort — Kentucky and we are open to all the available opportunities that the city has to offer. Our business concept and staff strength also positioned us to accommodate over 20 students per time.

The truth is that there is no flight school within the area where ours is going to be located; the closest to our proposed location is about 10 miles away, flight school business plan. In a nutshell, we do not have any direct competition within our target market area. The trend in the flight school line of business is that the key to attracting students is the ease at which students learn how to fly different types of aircrafts.

The truth is that any flight school that has good records and loads of positive testimonials from students who have passed through the school will always thrive. Another common trend in the flying school industry is that in the bid to survive global economic melt down and to ensure steady flow of income to effectively run the business, most players in the industry engage in other related services.

Some of them even go as far as establishing agency services to provide professional and certified pilots for clients and some also offer specialized training for executive students.

Before choosing a location for our flight school, flight school business plan, we conducted thorough feasibility studies and market survey and we were able to identify those who will benefit greatly from our service offerings.

Those who will benefit from our service offering are professional pilots, aspiring pilots and people who want to learn how to fly planes for fun. This group of people and establishment cuts across different sectors of the economy.

The fact that a flight school business scales huddles before establishing the school does not mean that there are no real competitions in the industry. The truth is that no matter the line of business that you are involved in, as long as it is called a business, flight school business plan, you will definitely face one form of competition or the other and flight school is not an exemption.

So, if you are looking towards setting up this type of business, it is advisable to do your due diligence before launching the business if indeed you want to succeed. Our competitive edge is that we have the ability to quickly adopt new technology, we have access to highly skilled workforce and as a standard flight school that is centrally located in Frankfort — Kentucky; our location is in fact one of our major strengths because we are in a location with the right demography for the kind of business we run.

Another strength that counts for us is the power of our team and management. We have a team of experts in the flight school line of business, a team of hardworking and dedicated individuals. Lastly, all our employees will be well taken care of, and their welfare package will be among the best within our category in the industry.

It will enable them to be more than willing to build the business with us and help deliver our set goals and objectives. We will ensure that we build a loyal customer base. We want to drive sales via the output of our jobs and via referral from our satisfied students. We are quite aware of how satisfied students drive business growth especially businesses like flight schools.

The fact that people are learning how to fly aircrafts for various reasons means that the services of flight school will always be needed. We are well positioned to take on the available market in and around Frankfort — Kentucky and we are quite optimistic that we will meet our set target of generating enough profits from our first six months of operation and grow our flight school and our student base.

We have been able to critically examine the flight school line of business, we have analyzed our chances in the industry and we have flight school business plan able to flight school business plan up with the following sales forecast, flight school business plan. The sales projections are based on information gathered on the field and some assumptions that are peculiar to similar startups in Frankfort — Kentucky. Please note that the above projection might be lower and at the same time it might be higher.

For skills training and coaching businesses both per hour billing and flat fees on a weekly or monthly basis applies. In addition, we will also offer special discounted rates to all our students at regular intervals.

In view of the above, we have chosen banking platforms that will enable our client make payment for registering and services rendered without any stress on their part. Our bank account numbers will be made available on our website and promotional materials to clients who may flight school business plan to deposit cash or make online transfer for our training services.

Good enough there is no hard and fast rule on how to advertise or promote a flight school business. If you are looking towards starting a flight school, then you should be ready to raise enough capital flight school business plan cover some of the basic expenditures that you are going to incur. You would need money to secure a standard facility, to acquire different types of aircrafts, acquire license and permits, relevant software apps and you would need money to flight school business plan your workforce and pay bills for a while until the revenue you generate from the business becomes enough to pay them.

The items listed below are the basics that we would need when starting our flight in the United States, although costs might vary slightly. Going by the report from the market research and feasibility studies conducted, we will need about seven hundred and fifty thousandU.

They are the sole financiers of the business which is why they decided to restrict the flight school business plan of the startup capital for the business to just three major sources. All the papers and documents have been duly signed and submitted, flight school business plan, the loan has been approved and any moment from now our account will be credited.

The future of a business lies in the number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and the business structure.

We know that one of the ways of gaining approval and winning customers over is to offer our flying training services a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while. As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of three years or more.

We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams. Toggle navigation Menu.

 

Starting a Flight School - Sample Business Plan Template

 

flight school business plan

 

Flight training aviation companies can work to expand their venture's training services and marketing efforts for owners and pilots with this free, printable business plan. Free to download and print. Jun 13,  · The best flight school owners are often seen by their teams as usually friendly but very bottom-line-oriented and not to be crossed. The flight school business is capital intensive (that is, you’ll need lots of cash flow to keep the thing going), and being a little hard-nosed is one of the job requirements. 9. Your most important role is CEO. Oct 07,  · My friend Howard Nock has started and operated several flight schools over the years. I asked him to write this article providing the general steps on starting your own flight school business. His experience and insight into the flight school industry is helpful for .