1. Business Model and Start Up Expenses
Ryan Agnew
MAN 4801

2.  Easy, affordable, private air travel for everyone
in the Southeastern US.
 Be the solution for those who need to travel
over a 30+ radius for their work needs.
 Offer top-notch service with excellent
amenities in a comfortable, professional
manner.

3.  Eclipse 500 Very Light (3)
 Staff
 Ryan Agnew
 Ed Iaccobucci
 3 Pilots
 3 Mechanics
 On-board refreshments
 Plane fuel, parts, etc.
 Hangar space rental/lease
 Airport gate rental/lease
 Government permits, regulations and taxes
 FAA clearance
 Marketing tools (ads, signage, social media placement)
 Insurance
 Flight tracking software
 Reservations software
 Internet access
 Landline telephone services
 Mobile telephone services
 Survey equipment
 Computer & Office Equipment

4. Startup Expenses
Legal $10,000.00
Logo design $500.00
Initial website design $2,000.00
Insurance $30,000.00
Payroll $90,000.00
Rent/Security deposit $10,000.00
Computer and office equipment $3,500.00
Training $5,000.00
Pre-opening marketing $4,000.00
Office supplies $1,000.00
Consultants $-
Misc and other $10,000.00
Total Expenses $166,000.00
Startup Assets
Cash in the bank $25,000.00
Starting inventory $-
Other current assets $10,000.00
Office furniture $2,000.00
Signage $4,000.00
Leasehold improvements $2,000.00
Plant and equipment $1,000,000.00
Land $-
Other assets $-
Total Assets $1,043,000.00
Recurring Costs
Rent $10,000.00
Utilities $3,000.00
Payroll $7,500.00
Inventory $1,000.00
Marketing $1,500.00
All other $1,000.00
Number of months 12
Total Recurring Expenses $288,000.00
Total Startup Costs $1,497,000.00

5.  Locate and sell membership to individuals who
travel more than 4 hours driving distance
several times per week.
 Utilize “test markets” in various areas to
determine where core customer is located.
 Conduct surveys at local and national airports
to determine specific needs and desires of
potential customers.
 Man operations from non-brick and mortar
headquarters to keep overheads low.

6.  Utilizing a 3-year break-even plan and turning
a profit after 4 years.
$2,500,000.00
$2,000,000.00
$1,500,000.00
$1,000,000.00
Expenses
$500,000.00 Revenue
Profit
$0.00
-$500,000.00 Year One
Year Two
Year 3
Year 4

7.  Form a partnership with Ed Iacobucci to ensure
business success and limit payroll and liability
expense.
 During research and trial periods, Ryan Agnew
will handle all operations and strategy
decisions while Ed does fieldwork for
surveys, test locations, etc.
 Hire and man 3 planes initially for each trial
location.

8.  Utilize online surveys such as Surveybuilder or
SurveyMonkeys.
 Build automatic points of distribution for survey
information combined with mobile technology.