A floatplane business plan should show what routes you will fly, the frequency of these trips, and the amount of money each journey will cost and generate. How many passengers can you accommodate and what is the cost of a ticket? Do you make point-to-point trips or simply tourist flights or scenic fly-overs? Basic questions like this need to be answered clearly and completely before your plan can be submitted anywhere for review. The banker or investor you present to should have a clear understanding, after reading, of how you generate money and how well you will be able to cash flow your ordinary expenses if you meet your projections. The plan should have all of these elements in it:
• An industry overview – what is the value of this market space?
• A look at trends – what is afoot that could impact business, for better or worse?
• Your background in review – what is your experience with planes?
• The competitive field – who are you up against?
• The funds you need – when can you pay them back?
You should gather as much information as possible about the market you'll operate in and the client base you'll serve. If you already have revenues, and have been in business for a couple years or more, create a past performance snapshot using balance sheet and old P&Ls and write a little about your experiences with the company to date. This will complement the pro forma, which should show three years (for a bank) to five years (for investors) of revenue projections and expense data. Ultimately you'll also want to show how you intend to market the floatplane business, and whether you'll be subjected to TSA reviews or other impediments. Want assistance with this document? MasterPlans is your best resource. We have been writing business plans since 2002 and we've been in the middle of many air travel documents and presentations. Call 877-453-2011 today.
