Looking to write a jetpack business plan? Now here's a niche market opportunity if ever there was one. Since the beginning of man's fascination with flight and the early days of aviation, there has been an indelible fascination with the concept of a self-contained flying unit – a device that could take one man airborne without the need of wings, propellers, an enclosure, or an additional pilot. The so-called “jetpack fantasy†has its roots in comic books and popular culture, but can such a thing be commercialized by new businesses? Of course. For the wealthy, there are already jet-propulsion units that can offer brief “flights,†typically over water or in controlled environments. Exhilarating and rare, this business model is filled with opportunity. A jetpack business plan must address:
• The technical specs of your device
• The market segmentation for your device
• The commonalities that your customers share
• Your marketing and implementation plan
• The personnel plan for the company
The business plan for a jetpack or advanced flight technology needs to go above and beyond the normal business plan. Investors will want to know that you have not only developed the technology to produce a commercially viable jetpack, but that you have taken into account the considerations of safety, operator liability, and insurance for the staging area where you'll have flights. What are the costs involved? Where can you go to pull reliable competitive comparables for a venture like this? The business plan does need a competitive comparison that shows what other entities you will be up against. Confused about how to do the research, or need another set of eyes on your pro forma? Call the experts at MasterPlans today to learn how we can help: (877) 453-2011.
