Opening up a flight school vs buying one?
05-11-2015 | 08:06 PM
#1
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From: C172
Opening up a flight school vs buying one?
Hey everyone,
So currently in a situation where a private investor is interested in either buying a flight school or opening up one. Just wanted to know if anyone had any background in this and what would be easier, money isn't a big deal and also how would we go about doing this? Yes we are both pilots.
Thanks.
So currently in a situation where a private investor is interested in either buying a flight school or opening up one. Just wanted to know if anyone had any background in this and what would be easier, money isn't a big deal and also how would we go about doing this? Yes we are both pilots.
Thanks.
05-12-2015 | 07:08 AM
#3
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From: Admiral
Buying the right flight school would probably be the easier route.
Assuming that you are going the part 141 route, the schools 141 certificate would already be in place saving you time and money. A school with current students would allow you a soft start while reorganizing the company to your liking. Advertising should be easier if people already know of you.
That said, it's a tough business which many people have lost money on before you.
Assuming that you are going the part 141 route, the schools 141 certificate would already be in place saving you time and money. A school with current students would allow you a soft start while reorganizing the company to your liking. Advertising should be easier if people already know of you.
That said, it's a tough business which many people have lost money on before you.
05-17-2015 | 03:55 PM
#4
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From: 747 Captain, retired
Buying the right flight school would probably be the easier route.
Assuming that you are going the part 141 route, the schools 141 certificate would already be in place saving you time and money. A school with current students would allow you a soft start while reorganizing the company to your liking. Advertising should be easier if people already know of you.
That said, it's a tough business which many people have lost money on before you.
Assuming that you are going the part 141 route, the schools 141 certificate would already be in place saving you time and money. A school with current students would allow you a soft start while reorganizing the company to your liking. Advertising should be easier if people already know of you.
That said, it's a tough business which many people have lost money on before you.
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