A flying start
- Created by: Chiangy14
- Created on: 21-04-15 09:39
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- A flying Start
- Overveiw
- Sheena Petal is a qualified helicopter pilot and holds a Commercial pilot liscence
- Since leaving the RAF, Sheena has earned £50,000 a year as a pilot
- Providing heliciopter flights for leisure and business purpose for a London-based company
- Since leaving the RAF, Sheena has earned £50,000 a year as a pilot
- Recently received an inheritance of £675,000
- AIM: To create and expand a business and to generate hig profits
- Setting up a helicopter charter service for business meetings, sporting and socai levents as well as special occasions
- Rise sharply in summer months
- Peak Season is June to August
- She is starting after peak season
- She misses out on peak season, however will catch it next year
- She is starting after peak season
- Peak Season is June to August
- Rise sharply in summer months
- Eurocopter EC135 helicopter which will seat up to 7 passengers
- Based in Surrey
- High number of potential customers
- Competition from EBG Helicopters LTD, also based in surrey
- Uses Redhill Aerodrome
- Also where Sheena is considering using her base
- Uses Redhill Aerodrome
- Private Limited Company
- Sheena Petal is a qualified helicopter pilot and holds a Commercial pilot liscence
- Finances
- Inheritence of £675,000
- £690,000
- Will require £3 million capital from somewhere
- Sheena is buying 23% of shares
- £690,000
- Inheritence of £675,000
- Her father is buying 25%
- £750,000
- To gian the rest of the capital she can:
- Issue more shares
- Arrange a loan from her bank whilst interest rates are low
- Budgeting
- Needs another 52%
- £1,560,000
- Inheritence of £675,000
- Overveiw
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