£310 an hour for an R22
£50 for the instructor
£100 for the owner's cost on the heli
£55 for the fuel
so far, all cost.
add £50 for profit - not unreasonable given the risk and the standing overheads, and that's £255.
allocate a sensible amount for landing fees - say £10 per hour, and that's £265.
£265 +vat is £311.
doesn't seem that unreasonable to me to want to make a profit of £50 a hour for 50 hours done over 6 to 12 months by any operator.
that's £2,500 gross profit - not net profit - on a turnover of £13,250.
most transport related industries work on a GP of at least 40%,not 18%.
Ask yourself how many PPL courses a school does in a year,and then look at whether YOU could run everything else involved in running a training business on the nnn x £2,500 that you will have available to spend.
Big Ls