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Watch full program from start ‹ Chapter 16 Chapter 18 ›
Chapter 17 of 20 · starts at 57:01 · 6 min
Q&A: retainers and payment
From MentorLIVE #12: The Business of Flight Training · Mike West · NAFI
All 20 chapters in this program
- 0:00 Welcome and housekeeping 6 min
- 6:01 Mike West: starting a flight training business 3 min
- 9:00 Who becomes a flight school owner 6 min
- 15:02 Finding your local market 6 min
- 21:01 Choosing aircraft 3 min
- 24:00 Utilization and scheduling 3 min
- 27:00 LLCs and business structure 3 min
- 30:01 What sinks small businesses 3 min
- 33:00 Aircraft costs 3 min
- 36:01 Doing the math on fixed costs 3 min
- 39:00 Websites and marketing 3 min
- 42:02 Closing the sale 3 min
- 45:01 Tools every flight school needs 3 min
- 48:00 Leasing and flexible fleets 3 min
- 51:02 Growing the school 3 min
- 54:02 Pricing instruction 3 min
- 57:01 Q&A: retainers and payment 6 min
- 1:03:01 Q&A: independent instructors 3 min
- 1:06:01 Valuing instructor expertise 3 min
- 1:09:01 Archives and closing 2 min