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Old 16th Jun 2014, 13:03
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nowherespecial
 
Join Date: Jun 2005
Location: nowhere special
Posts: 470
Received 9 Likes on 5 Posts
I've not written one in a RW environment but fundamentally 3 questions needs to be answered:

1. What is the opportunity?
2. If bank XX lends you the money, how are you going to pay it back?
3. How are you going to execute it?

Of the 3, I'll leave it to you to figure out which is the most important! Hint, it's number 2.

Beyond that, 1 should be relatively straight forward. There aren't many assets in SL from what I can gather and that leaves 3.

For 3, while the bank might not care about the intricacies of an AOC, post holders, Part 145 organisations etc, you absolutely should. The detail here, Ops manuals, maint, what ac type to use etc will kill you if you haven't thought it through properly. Heli Ops did an article recently on this (Issue 87).

Best thing to remember is that this is not a toy and fun flying club but a business and the purpose is to make money by delivering what you promise, safely and consistently.

Good luck.

NS
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