Heli Operations
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
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
Join Date: Jun 2012
Location: North America
Posts: 20
Likes: 0
Received 0 Likes
on
0 Posts
Address -
S)trength
W)eaknesses
O)pportunites
T)hreats
Get a book on business plans so you can follow the standard format.
What is your niche and what is your "unfair" advantage? Investors like you to have an unfair advantage.
Anticipate competitor's reactions.
Four P's
Product
Place
Price
Promotion
Don't get into a pricing war as no one wins. Work with the 3 other P's.
Get familiar with the 2 X 2 matrixes to position your product.
Also, think about the current business/regulatory environment and try to project what the environment will be in the future. An example would be the New York City tour rides before and after 9/11.
Hope that helps.
S)trength
W)eaknesses
O)pportunites
T)hreats
Get a book on business plans so you can follow the standard format.
What is your niche and what is your "unfair" advantage? Investors like you to have an unfair advantage.
Anticipate competitor's reactions.
Four P's
Product
Place
Price
Promotion
Don't get into a pricing war as no one wins. Work with the 3 other P's.
Get familiar with the 2 X 2 matrixes to position your product.
Also, think about the current business/regulatory environment and try to project what the environment will be in the future. An example would be the New York City tour rides before and after 9/11.
Hope that helps.
Last edited by OffshoreHeli-Mgr; 16th Jun 2014 at 14:09.
