The principal still holds if there are 6 trainee pilots all willing to front up £75K.
Then as owners you could Instruct/Taxi work etc etc.
Any idea how much it costs to set up an AOC?
What you are describing is a flying club, not a business. A business would find it very difficult to survive if its owner/director/managers were changing every year. The CAA might also have something to say about that as well since they like the Head of Training and/or Chief Pilot to have some stability.
You might want to look up Benefits in Kind for directors ..... as you will pay tax on the reduced cost flying and that accountant's advice doesn't come cheap. Any idea how to value shares in a company? The reality is, that shares in a private company are only worth as much as the next person is prepared to pay. It takes a long time for "first-time pass" reputation to build for any school; the goodwill generated cannot be recognised as a financial asset so there is no increase in the value. Revenue may be increased if more students go there (but only the ones who are not lucky enough or talented enough to be invited to be a shareholder) but what happens when one of your 6 investors actually turns out to be a rubbish instructor?
It seams as though you are opposed to any suggestions that might make life easier for someone joining the industry?
Not at all but don't you think if it was such a good diea someone would have tried it? Or if it was such a good idea, do you think I'd waste my time here? No, I'd go out and set one up myself before you had a chance. But I haven't.
However, you go ahead ,,,, start the reseach .... find 6 like minded people and start your kibbutz sorry, flying school.
Your frustration at not being able to find work is evident but things need to be thought through.