Originally Posted by
FlyingDawgg
So I've recently passed my CFI Initial and was told I was going to be instructing at my university. Well, there is now a surplus of CFI's and they stopped hiring. There are other flight schools but they're all over an hour and a half driving distances and I'm still in college. I don't have a plane so I'm pretty limited.
I have a few friends who do freelance instructing with students without an airplane. So far I've taken steps to avoid undercutting them and taking their business. They're having to turn down students with airplanes since they're so busy. I want to earn my own business but where do I begin?
So here are some questions I had.
1) Should I make a LLC or get liability insurance?
2) Do business cards really work?
3) What's a good website creating company/host?
I am new with all the flight training but here is my business perspective.
1) Insurance is a must. LLC won't pay to defend you in court.
Advantage of LLC appear to be : 1) slightly tax advantage however on Federal taxes, you are still taxed as Sole Prop. 2) Personal protection from debt. 3) limitted liability in case of lawsuit.
2) Advertising : New way of online marketing is video advertisment , Video provides you the prospect to interrelate with your clientele by permitting them to acquire to understand you and also your business too, and thus they experience an ease or comfort with you. This is particularly essential for the small scale, and local trade. Facebook and Instagram can be a good started.
3) You don't need to pay to website or hosting in the beginning, Google Business (Google +) is free and you can use it as a business page until it needed. Save money to do Google Adword or Social media advertising.