Do you want to start a helicopter charter service and need to write a plan? If YES, here is a sample helicopter charter business plan template & FREE feasibility report.
When it comes to starting a business, you will quite agree that it can be such a wonderful experience even though it can be challenging and demanding. The truth remains that having a product or service out there is one sure way of earning income and perhaps becoming wealthy.
If you intend starting a helicopter charter services business, it is very needful that you analyze the existing helicopter charter services companies in and outside of your area. Know how many there are. Also, you would be required to check the existing competition, as well as know their strength and weaknesses.
Knowing the weaknesses of the existing helicopter charter companies, means that you would be able to learn from their mistakes and in turn come up with a better and more preferred service devoid of the mistakes and weaknesses of others.
Helicopter charter services as the name implies is a company that puts up helicopters for charter. This kind of venture is such that needs the effort of more than one person and it is worthy to note that this business is very lucrative.
So, if you have decided to start a helicopter charter business, then you should ensure that you carry out feasibility studies and also market survey. Business plan is yet another very important business document that you should not take for granted launching the business.
Below is a sample helicopter charter services business plan template that can help you to successfully write your own with little or no difficulty
A Sample Helicopter Charter Business Plan Template
1. Industry Overview
Helicopter charter services business is under the scheduled and charter flight services industry and companies in this industry provide air transport services on an irregular or nonscheduled basis for passengers and cargo, also referred to as a charter arrangement.
Industry operators enable people to fly where they want, in terms of destination and airport, and when they want, as opposed to commercial airlines that operate on a fixed schedule of destination and times. This industry also includes scenic tours and sightseeing services.
A close study of The Scheduled and Charter Flight Services industry shows that as the economy recovers, more individuals will begin to spend money on trips and other vacations that may require scheduled and chartered flight services.
In addition, charter flight companies are projected to benefit from urban population growth, the aging US population, the green movement and the government’s continued attempt to promote alternate modes of transportation.
Statistics has it that in the United States of America alone, there are about 23,154 licensed and registered Scheduled and Charter Flight Services Companies and they are responsible for employing about 60,852 employees.
The industry rakes in a whooping sum of $25 billion annually with an annual growth rate projected at 1.8 percent within 2015 and 2020. The organizations with the lion share of the available market in the industry are Atlas Air Worldwide Holdings Inc. and Air Transport Services Group Inc.
A report recently published by IBISWorld shows that, over the five years to 2020, the Charter Flights industry continued to reach new heights, as industry revenue has risen steadily alongside rising disposable income. As a result, industry revenue has increased an annualized 1.8% to $25.2 billion over the five years to 2020.
Sustained economic growth has pushed industry upward over the past five years. However, in 2020, both corporate profit and per capita disposable income are expected to decline notably due to the effects of the global COVID-19 (coronavirus) pandemic, while overall travel has significantly fallen due to social-distancing and quarantining measures. Consequently, industry revenue is projected to fall 7.1% in 2020 alone after years of sustained growth.
The report further said that the Charter Flight industry exhibits a low level of market share concentration, with only one major player, Atlas Air Worldwide Holdings Inc., holding a significant market share. Industry concentration has been growing over the past five years.
A large number of companies operating in the industry are non-employers. In addition to offering passenger charter services, operators also provide cargo transportation and other air specialty services, such as surveillance, air ambulance and sightseeing.
Lastly, starting a helicopter charter services business in the United States requires that you get the necessary permit and license to be able to operate in any city of your choice, and you are expected to have a good grasp of the routes.
2. Executive Summary
Atlas Helicopter® Worldwide Holdings Inc. is a standard and registered helicopter charter company that will be located in Fort Lauderdale, Florida – United States of America and we plan to also cover other cities such as Green – acres City, Miami, Jacksonville, Clearwater, Tampa, Miami Beach, North Miami, West Palm Beach, Palm Harbor, Deltona, Orlando, Palm Bay and Panama City et al.
We chose to operate in these cities because we know that our helicopter charter services will be in high demand due to the growing numbers of groups and increase in sightseeing and tourism activities in these cities.
Baron Reed™ Helicopter Charter Services, Inc. will provide intercity, rural and other long – distance air transport services on regular routes and schedules as requested by our clients. We will also contract out our helicopters on an as-needed basis to corporate organizations and individual customers. We are set to service a wide range of clientele base in the locations where we choose to operate.
Although our intention of starting Baron Reed™ Helicopter Charter Services, Inc. is to offer only the above stated services, but we will not close our doors to diversification as long as it does not affect our core services.
We are quite optimistic that our values, highly reliable and comfortable fleet of helicopters and of course the quality of service offering will help us drive our helicopter charter services business to enviable heights and also help us attract the numbers of clients that will make the business highly profitable
Our overall business goal is to position Baron Reed™ Helicopter Charter Services, Inc. to become one of the leading helicopter charter services in the United States of America within the first 8 years of operation. This might look too tall a dream but we are optimistic that this will surely come to pass because we have done our research and feasibility studies and we are confident that Florida is the right place to launch our helicopter charter business.
Our client’s best interest will always come first, and everything we do will be guided by our values and professional ethics. We will ensure that we hold ourselves accountable to the highest standards by meeting our client’s needs precisely and completely.
Baron Reed™ Helicopter Charter Services, Inc. is owned and managed by Baron Reed and his immediate family members. He is a notable figure in the aviation industry in Florida, he has attended flight training at an FAA-approved school, obtained FAA Commercial Pilot Rotorcraft license and he owns a Degree in Mechanical Engineering.
3. Our Products and Services
Baron Reed™ Helicopter Charter Services, Inc. is a standard and licensed helicopter charter services company that offers a wide range of services that revolves around The Scheduled and Charter Flight Services industry. We intend giving our customers reason to always rent or charter our helicopters which is why we have customized our services; we want to be known as the helicopter charter services company that truly care for her customers.
Our intention of starting our helicopter charter services company is to favorable compete in the industry and of course to make profits from the industry and we will do all that is permitted by the law in the United States of America to achieve our aim and business goal.
Our business offerings are listed below;
- Nonscheduled passenger and cargo air transportation
- Charter air passenger and cargo services
- Scenic tours and sightseeing air services
- Nonscheduled mail air transportation (except air couriers)
4. Our Mission and Vision Statement
Our Vision is to become the number one helicopter charter services company in the whole of Florida with active presence in major cities in the United States of America.
Our mission as a helicopter charter services company is to develop a highly successful, profitable all-round helicopter charter service which provides quality services in our community and to become a standard for the ideal helicopter charter services business not only in the State of Florida but also throughout the United States of America.
Our Business Structure
We are quite aware that the success of any business lies in the foundation on which the business is built on, which is why we have decided to build our helicopter charter services company on the right business foundation.
As a matter of fact, we are set out to build a helicopter charter service that will compete favorably with leading brands in the industry such as Atlas Air Worldwide Holdings Inc. and Air Transport Services Group Inc. and also to become a standard for the helicopter charter services business in the United States of America. With the wide range of our service offerings, we are only expected to employ more than it is required to run a conventional helicopter charter service.
As a means of maximizing operational cost, we will contract the maintenance of all our helicopters to service providers, we don’t intend to maintain a very large overhead from the onset. But as soon as the business grows and stabilizes, we will assemble our own in-house maintenance team. Baron Reed™ Helicopter Charter Services, Inc. will employ professionals and skilled people to occupy the following position;
- Chief Executive Officer (President)
- Commercial Helicopter Pilots
- Human Resource and Admin Manager
- Marketing and Sales Agent
- Accountant
- Call Center Agent/Helicopter Dispatcher
5. Job Roles and Responsibilities
Chief Executive Officer (President):
- Responsible for providing direction for the business
- Creating, communicating, and implementing the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
- Responsible for fixing prices and signing business deals
- Responsible for signing checks and documents on behalf of the company
- Evaluates the success of the organization
Commercial Helicopter Pilot
- Commercial helicopter pilots inspect aircraft, controls, systems and instruments before beginning a flight. Pre-flight checks also include consulting with weather forecasts and dispatchers, which provides the information necessary to create a flight plan. The flight plan determines the safest and most efficient route. Pilots operate the controls and monitor the instruments and systems, such as fuel consumption, to ensure the helicopter is functioning properly throughout a flight.
- Responsible for handling emergencies when the need arises.
Human Resources and Admin Manager
- Responsible for overseeing the smooth running of HR and administrative tasks for the organization
- Design job descriptions with KPI to drive performance management for clients
- Regularly hold meetings with key stakeholders to review the effectiveness of HR Policies, Procedures and Processes
- Maintains office supplies by checking stocks; placing and expediting orders; evaluating new products.
- Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs.
- Defining job positions for recruitment and managing interviewing process
- Carrying out induction for new team members
- Responsible for training, evaluation and assessment of employees
- Responsible for arranging travel, meetings and appointments
- Oversee the smooth running of the daily office activities.
Sales and Marketing Manager
- Manage external research and coordinate all the internal sources of information to retain the organizations’ best customers and attract new ones
- Model demographic information and analyze the volumes of transactional data generated by customer
- Writing winning proposal documents, negotiate fees and rates in line with organizations’ policy
- Responsible for handling business research, market surveys and feasibility studies for the organization
- Responsible for supervising implementation, advocate for the customer’s needs, and communicate with the organization
- Create new markets cum businesses for the organization
- Empower and motivates the sales team to meet and surpass agreed targets
Accountant/Cashier:
- Responsible for preparing financial reports, budgets, and financial statements for the organization
- Provides managements with financial analyses, development budgets, and accounting reports.
- Responsible for financial forecasting and risks analysis.
- Performs cash management, general ledger accounting, and financial reporting for one or more properties.
- Responsible for developing and managing financial systems and policies
- Responsible for administering payrolls
- Ensuring compliance with taxation legislation
- Handles all financial transactions for the organization
- Serves as internal auditor for the organization
Call Center Executive/Ambulance Dispatcher
- Responsible for dispatching helicopters when hired
- Give pre arrival instructions to crew and responders during an emergency
- Liaise with secondary or third party providers in cases of emergency
- Ensure proper documentation of all flights
- Responsible for handling administrative issues that borders on the smooth running of the call center and the helicopters e.g. petty cash, fueling, etc.
- Welcomes guests and clients by greeting them in person or on the telephone; answering or directing inquiries.
- Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
- Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and services
- Consistently stays abreast of any new information on the company’s products, promotional campaigns etc. to ensure accurate and helpful information is supplied to clients
- Receives parcels / documents for the company
- Distribute mails in the organization
- Handles any other duties as assigned by the manager
6. SWOT Analysis
Helicopter charter services business is one of the many businesses that can easily generate sales with little stress as long as they are well positioned and equipped to carry out their services. We are building a standard helicopter charter services business with variety of complimentary services which is why we have decided to subject our business idea (company) to SWOT Analysis.
Ordinarily we can successfully run a normal helicopter charter services business without the stress of going through the required protocol of setting up a new business including writing a detailed business plan, but because of the kind of helicopter charter business we want to establish and of course the huge startup capital involved, we don’t have any option other than to follow due process.
We hired the services of Norman Phills, an expert HR and Business consultant with bias in startups in the aviation sector to help us conduct SWOT analysis for our company and she did a pretty job for us. Here is a preview of the result we got from the SWOT analysis that was conducted on behalf of Baron Reed™ Helicopter Charter Services, Inc.;
- Strength:
Aside from the large fleet of comfortable and highly reliable helicopters under our charter services, Baron Reed™ Helicopter Charter Services, Inc. is centrally located in a densely populated commercial and residential estate in Fort Lauderdale, Florida; our location is in fact one of our major strength.
Another strength that counts for us is the power of our team; our workforce and management. We have a team that are considered experts in The Scheduled and Charter Flight Services industry, a team of hardworking and dedicated individuals.
- Weakness:
Baron Reed™ Helicopter Charter Services, Inc.is a new business which is owned by an individual (family), and we may not have the financial muscle to sustain the kind of publicity we want to give our business and also to acquire some of the latest helicopters. As a new business, we are also quite aware that it will take time for us to build trust with our clients.
- Opportunities:
We are centrally located in one of the busiest areas in Fort Lauderdale, Florida and we are open to all the available opportunities that the city has to offer. Our business concept also positioned us to be a one stop shop in the helicopter charter service.
The truth is that there are no standard and well – equipped helicopter charter services business within the area where ours is going to be located; the closest helicopter charter service to our proposed location is about 25 miles away. In a nutshell, we do not have any direct competition within our target market area.
- Threat:
Some of the threats that are likely going to confront Baron Reed™ Helicopter Charter Services, Inc. are unfavorable government policies, seasonal fluctuations, demographic / social factors, downturn in the economy (Revenue for the Charter Flights industry is expected to fall in 2023 due to COVID-19 (coronavirus) which is likely going to affect consumers spending and of course demand stems from the well-being of the economy, most importantly per capita disposable income and corporate profit, which have plummeted due to the pandemic, ending years of sustained growth.
7. MARKET ANALYSIS
- Market Trends
If you are conversant with one of the latest trends in the helicopter charter services industry, you will note that more people now book to rent helicopters via mobile application rather than visiting the office. Charter helicopter mobile application usage has seen an increment in recent time.
Another trend shows that the Charter Flight industry exhibits a low level of market share concentration, with only one major player, Atlas Air Worldwide Holdings Inc., holding a significant market share. Industry concentration has been growing over the past five years.
A large number of companies operating in the industry are non-employers. In addition to offering passenger charter services, operators also provide cargo transportation and other air specialty services, such as surveillance, air ambulance and sightseeing.
No doubt, the Helicopter charter services industry has indeed changed gears over the last five years, growing strongly after being forced into retrogression during the recession period. The fact that air travelers represent the industry’s primary market, growth in air travel over the last five years has been most important in driving revenue expansion in this industry.
8. Our Target Market
Before choosing a location for our helicopter charter services business, we conducted our feasibility studies and market survey and we were able to identify those who will benefit greatly from our service offerings.
The demographic component of those who need the services of helicopter charter services spreads across the public sector, the organized private sector, and individuals from different strata of the society and from all walks of life. Below is a list of the people and organizations that our helicopter charter services is designed for;
- Traveling Agencies and tourists – sightseeing tours, heliskiing
- Surveyors – aeromagnetic, mineral exploration, reflection seismology
- Photography Companies – aerial photography, archaeology, film production, photogrammetry, television news reporting
- Executive Passengers – VIP & corporate charter; scheduled flights from remote areas
- Hospitals – air ambulance, medical evacuation
- Oil & Gas Companies – transporting crews to and from offshore platforms
Our competitive edge is that we are standard helicopter charter service company with fleet of comfortable helicopters. So also, we have a team of experts in the helicopter charter services industry, a team of hardworking and dedicated individuals.
We can confidently say that the location of our helicopter charter services business will definitely count as a positive for us amongst any competitor that might start a business in same location. For the time being, Baron Reed™ Helicopter Charter Services, Inc. has no real competitors that can match compete with the quality of services we offer, safety and our fleet of reliable and comfortable helicopters. Our customer service will be customized to meet the needs of all our customers.
Lastly, all our employees will be well taken care of, and their welfare package will be among the best within our category in the industry. It will enable them to be more than willing to build the business with us and help deliver our set goals and achieve all our business aims and objectives.
9. SALES AND MARKETING STRATEGY
The marketing strategy for Baron Reed™ Helicopter Charter Services, Inc. is going to be driven basically by reliable and comfortable helicopters, excellent customer service, safety, honesty and quality service delivery. We will ensure that we build a loyal customer base. We are quite aware of how satisfied customers drive business growth especially businesses like helicopter charter services.
Baron Reed™ Helicopter Charter Services, Inc. is a helicopter charter services business that is strategically located and we are going to maximize the opportunities that is available which is why we spent more to locate the business in a location that will be visible.
Our sales and marketing team will be recruited based on their vast experience in the industry and they will be trained on a regular basis so as to be well equipped to meet their targets and the overall goal of Baron Reed™ Helicopter Charter Services, Inc.
Our goal is to grow Baron Reed™ Helicopter Charter Services, Inc. to become the leading helicopter charter services company in Fort Lauderdale – Florida which is why we have mapped out strategies that will help us take advantage of the available market and grow to become a major force to reckon with in the industry.
Baron Reed™ Helicopter Charter Services, Inc. is set to make use of the following marketing and sales strategies to attract clients;
- Introduce our helicopter charter services business by sending introductory letters alongside our brochure to corporate organizations, Traveling Agencies and tourists, surveyors, photographers, oil and gas companies, hospitals and key stake holders in Fort Lauderdale – Florida
- Print out fliers and business cards and strategically drop them in offices, libraries, public facilities, airports and train stations et al.
- Use friends and family to spread word about our business
- Post information about our company and the services we offer on bulletin boards in places like schools, libraries, and local coffee shops et al
- Placing a small or classified advertisement in the newspaper, or local publication about our company and the services we offer
- Leverage on referral networks such as agencies that will attract clients who would need our customized services
- Advertise our helicopter charter services company in relevant magazines, newspapers, TV and radio stations
- Attend relevant expos, seminars, and business fairs et al to market our services
- Engage in direct marketing approach
- Encourage the use of word-of-mouth marketing from loyal and satisfied clients
- Join local chambers of commerce and industry to market our services.
Sources of Income
Baron Reed™ Helicopter Charter Services, Inc. is established with the aim of maximizing profits in the Scheduled and Charter Flight Services industry and we are going to ensure that we do all it takes to attract clients on a regular basis.
Baron Reed™ Helicopter Charter Services, Inc. will generate income by offering the following helicopter charter services and other related services;
- Nonscheduled passenger and cargo air transportation
- Charter air passenger and cargo services
- Scenic tours and sightseeing air services
- Nonscheduled mail air transportation (except air couriers).
10. Sales Forecast
We are well positioned to take on the available market in Fort Lauderdale – Florida and we are quite optimistic that we will meet our set target of generating enough income / profits from the first six month of operation and grow our helicopter charter services business and our clientele base.
We have been able to critically examine the helicopter charter services market and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. The sales projections are based on information gathered on the field and some assumptions that are peculiar to similar startups in Fort Lauderdale – Florida.
Below is the sales projection for Baron Reed™ Helicopter Charter Services, Inc., it is based on the location of our business and of course the wide range of related services that we will be offering;
- First Fiscal Year (FY1): $1 Million
- Second Fiscal Year (FY2): $2.5 Million
- Third Fiscal Year (FY3): $4.5 Million
N.B: This projection is done based on what is obtainable in the helicopter charter services industry and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor offering same services as we do within same location. Please note that the above projection might be lower and at the same time it might be higher.
11. Our Pricing Strategy
Our pricing system is going to be based on what is obtainable in the helicopter charter services industry, we don’t intend to charge more (except for premium and customized services) and we don’t intend to charge less than our competitors are offering in Fort Lauderdale – Florida.
Be that as it may, we have put plans in place to offer discount services once in a while and also to reward our loyal customers especially when they refer clients to us.
- Payment Options
The payment policy adopted by Baron Reed™ Helicopter Charter Services, Inc. is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.
Here are the payment options that Baron Reed™ Helicopter Charter Services, Inc. will make available to her clients;
- Payment via bank transfer
- Payment via credit cards
- Payment via online bank transfer
- Payment via check
In view of the above, we have chosen banking platforms that will enable our clients make payment for our helicopter charter service without any stress on their part. Our bank account numbers will be made available on our website and promotional materials.
12. Publicity and Advertising Strategy
Baron Reed™ Helicopter Charter Services, Inc. is set to create a standard for helicopter charter services business in Fort Lauderdale – Florida and throughout the United States which is why we will go all the way to adopt and apply best practices to promote our helicopter charter services business.
Good enough there is no hard and fast rule on how to advertise or promote a helicopter charter services business. We will ensure that we leverage on all conventional and non – conventional publicity and advertising technique to promote our helicopter charter service.
Here are the platforms we intend leveraging on to promote and advertise Baron Reed™ Helicopter Charter Services, Inc.;
- Encourage our loyal customers to help us use Word of Mouth mode of advertisement (referrals)
- Advertise our helicopter charter services business in relevant aviation magazines, local newspaper, local TV and local radio stations
- Promote our business online via our official website
- List our business on local directories (yellow pages)
- Sponsor relevant community programs
- Leverage on the internet and social media platforms like; Instagram, Facebook, twitter, et al to promote our brand
- Install our Bill Boards on strategic locations in and around Fort Lauderdale – Florida
- Distribute our fliers and handbills in target area
- Ensure that all our staff members wear our branded shirts and all our helicopters and our official vehicles are well branded with our company logo et al.
13. Startup Expenditure (Budget)
We have been able to pull cash that will be enough for us to successfully launch a standard helicopter charter services company with fleets of comfortable and reliable helicopters. We will leverage on leasing opportunity as against outright purchase of helicopters meant for charter services.
So also, in the bid to cut cost, we will contract the servicing and maintenance of all our helicopters. These are the key areas where we will spend our startup capital on;
- The total fee for registering the Business in Fort Lauderdale – Florida – $750.
- Legal expenses for obtaining licenses and permits – $1,500.
- Marketing promotion expenses (2,000 flyers at $0.04 per copy) for the total amount of $3,580.
- The cost for hiring Business Consultant (writing business plans inclusive) – $5,000.
- Insurance (general liability, workers’ compensation and property casualty) coverage at a total premium – $60,800 .
- The cost of accounting software, car tracker software apps, CRM software and Payroll Software – $3,000
- The cost for leasing standard office facility with large space for parking our helicopters – $350,000.
- The cost for facility remodeling the facility- $70,000.
- The amount needed to facilitate the lease agreements for the first set of helicopters (we will start with Robinson R-44 Raven I $340,000 and Robinson R-44 Raven II – $415,000)
- Other start-up expenses including stationery – $1000
- Phone and utility deposits – $3,500
- Operational cost for the first 3 months (salaries of employees, fueling, maintenance, payments of bills et al) – $250,000
- The cost for start-up inventory – $15,000
- The cost for store equipment (cash register, security, ventilation, signage) – $13,750
- The cost for the purchase of furniture and gadgets (Computers, Printers, Telephone, TVs, Credit card machine, POS, tables and chairs et al): $4,000.
- The cost of Launching an official website: $600
- Miscellaneous: $10,000
We would need an estimate of $2.5 million to successfully launch our helicopter charter services business in Fort Lauderdale – Florida US.
Generating Funds/Startup Baron Reed™ Helicopter Charter Services, Inc.
Baron Reed™ Helicopter Charter Services, Inc. is owned and managed by Baron Reed and his immediate family members. They are the only financier of the business which is why they decided to restrict the sourcing of the startup capital for the business to just three major sources.
- Generate part of the startup capital from personal savings and sale of his stocks
- Generate part of the startup capital from friends and other extended family members
- Generate a larger chunk of the startup capital from the bank (loan facility).
N.B: We have been able to generate about $500,000 (Personal savings $400,000 and soft loan from family members $100,000) and we are at the final stages of obtaining a loan facility of $2 million from our bank. All the papers and documents have been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.
14. Sustainability and Expansion Strategy
It is an established fact that the future of a business lies in the number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and the business structure. If all of these factors are missing from a business (company), then it won’t be too long before the business close shop.
One of our major goals of starting Baron Reed™ Helicopter Charter Services, Inc. is to build a business that will survive off its own cash flow without the need for injecting finance from external sources once the business is officially running.
We know that one of the ways of gaining approval and winning customers over is to offer our helicopter charter services a little bit cheaper than what is obtainable in the market and we are prepared to survive on lower profit margin for a while.
Baron Reed™ Helicopter Charter Services, Inc. will make sure that the right foundation, structures and standard operating processes are put in place to ensure that our staff welfare are well taken of. Our company’s corporate culture is designed to drive our business to greater heights and training and re – training of our workforce is at the top burner of our business strategy.
As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of five years or more as determined by the board of the organization. We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.
Check List/Milestone
- <a ” target=”_blank” rel=”noopener”>Business Name Availability Check: Completed
- Business Registration: Completed
- Opening of Corporate Bank Accounts: Completed
- Securing Point of Sales (POS) Machines: Completed
- Opening Mobile Money Accounts: Completed
- Opening Online Payment Platforms: Completed
- Application and Obtaining Tax Payer’s ID: In Progress
- Application for business license and permit: Completed
- Purchase of Insurance for the Business: Completed
- Acquiring facility and remodeling the facility: In Progress
- Conducting Feasibility Studies: Completed
- Generating capital from family members: Completed
- Applications for Loan from the bank: In Progress
- Writing of Business Plan: Completed
- Drafting of Employee’s Handbook: Completed
- Drafting of Contract Documents and other relevant Legal Documents: In Progress
- Design of The Company’s Logo: Completed
- Printing of Promotional Materials: In Progress
- Recruitment of employees: In Progress
- Purchase of the needed, electronic appliances, office appliances and bar accessories: In progress
- Financing the lease agreement of the first set of helicopters – In Progress
- Creating Official Website for the Company: Completed
- Creating Awareness for the business both online and in the neighborhood: In Progress
- FAA Commercial Pilot Rotorcraft license, Health and Safety and Fire Safety Arrangement (License): Secured
- Establishing business relationship with vendors – helicopters servicing and maintenance company, helicopter manufactures and other key stakeholders et al: In Progress