Setup costs/pitfalls
Would anyone who's bought or crosshired and operated their own machines for profit have any good guides to doing reasonably accurate business studies to see if an operation is going to work or not?
Just pipe dreaming for down the track a bit, and would be very keen to see how you went about getting all your forecast costs together, and whether it actually worked out that way in practice.
Any good rules of thumb about operating costs vs flight hour and so on.
Obviously the type of operation and aircraft will influence the outcome greatly, but the idea of having a go interests me.
Laugh if you will!!
Any pointers appreciated.