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GregCollins2 · September 9th, 2003, 19:32

You will need to find out what the above costs will be on a monthly basis. You can check out other flight schools in the area to determine what you can charge per hour and how much business you are likely to do. You will then have to determine if you can rent your airplanes enough each month to pay the expenses and throw off a profit. Don't forget to include putting aside money for engine rebuilds, inspections, and unexpected maintenance. You have to market well and control costs in order to be even marginally profitable in the current economy.
It's sad to say, but cheap labor, i.e. desperate flight instructors, is easy to come by. Instructors are usually contractors but you may have to pay worker's comp depending upon the state you are in, and liability insurance.
Profit margins are small and the risks are high, so think carefully before trying a start up flight school.

September 9th, 2003, 19:32	#5
GregCollins2 Junior Member Join Date: Jan 2003 Location: Hendersonville, NC Posts: 284	Re: How do you start a flying school? You will need to find out what the above costs will be on a monthly basis. You can check out other flight schools in the area to determine what you can charge per hour and how much business you are likely to do. You will then have to determine if you can rent your airplanes enough each month to pay the expenses and throw off a profit. Don't forget to include putting aside money for engine rebuilds, inspections, and unexpected maintenance. You have to market well and control costs in order to be even marginally profitable in the current economy. It's sad to say, but cheap labor, i.e. desperate flight instructors, is easy to come by. Instructors are usually contractors but you may have to pay worker's comp depending upon the state you are in, and liability insurance. Profit margins are small and the risks are high, so think carefully before trying a start up flight school.