Sunday, November 17, 2013

How To Get Jet Charter Services Going To Generate An Income

By Leslie Griffith


Ambitious individuals who love the idea of flying could do very well with a jet charter services business. The reason for this is that many people are finding flying with conventional airline services to be a hassle, and too expensive for what they offer. Persons who fly often for business purposes, or those who want to travel for leisure purposes in groups, often like the idea of hiring private jets. This means that you could start a lucrative business in this line.

A private flight service is something that is becoming very popular, and therefore it is a great opportunity to begin at the present time. Start with a plan that includes the kind of customer you would like to transport. Executives are often a good choice, as there are many businessmen, politicians and dignitaries etc. Who need to move privately and comfortably from one place to another. For such important customers, your jets will need to be top-notch, and you should consider other favorable amenities as well.

You may also like to entertain the idea of serving regular customers who would simply prefer to fly privately, rather than on a conventional airplane. For this type of customer you may not need to supply quite such upmarket jets, and may be able to supply just basis amenities. Perhaps the largest hurdle to overcome is the financing of your business. If you do not have sufficient funds, you will need to acquire assistance from a venture capitalist.

A large amount of money is needed to get started, for a wide range of things, including the jets themselves and personnel such as pilots. Funding may be provided through a loan, or other financial partner. Unfortunately, loans are often not enough to cover the start-up costs. On the other hand, a partner will want a good share in the business if he is to make large financial contributions.

Some time researching the various jet models is necessary. You must decide how many you need and which size to purchase. It is inefficient to use a large aircraft to transport only a few customers, as you simply end up wasting money on excessive fuel. On the other hand, you also do not want to have a plane that is too small for your guests.

While the initial expense of several jets is high, different sized jets will ensure your business is a smoother operation. Your customers will be happy if the jets you use are appropriate and if the price is reasonable. Your budget, however, is a main concern.

Hiring staff who are competent is a big task. It is therefore recommended to get a good human resources manager so that you have some assistance. Keep in mind that anyone working with the maintenance or operation of the jets will need special licenses from the FAA. Other employees are also required, such as accountants and office workers.

Your work for jet charter services will also include a lot of advertising. All businesses require good promotion in order to succeed, and this is especially the case for private flight operations. Work out a monthly budget for promotions, and make sure you target those who will be interested in your service.




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