MY COURSES ✅ Learning To Fly https://benlovegrove.com/link/learning-to-fly-course/ ✅ Starting A Drone Business https://benlovegrove.com/link/drone-business-course/ ✅ Starting An Online Dating Business https://benlovegrove.com/link/online-dating-business-course/ ✅ Introduction To Ufology https://benlovegrove.com/link/ufology-course/ ✅ Introduction To Ley Lines https://benlovegrove.com/link/unlocking-the-mysteries-of-ley-lines/ How To Start a Drone Business That Will Last And Succeed What I'm about to tell you is based on my own experiences. The opportunities are huge and if you're ready then you can look forward to a long and lucrative career in the world of unmanned aviation. I'd be very interested to know more about you and your business, and if any of what I'm about to say is of use to you. So please, watch to the end and leave me some feedback in the comment section below. The tips that follow apply to any drone business whether your speciality is aerial photography, videography, mapping, thermal imagery, or whatever. 1. Preparation and planning Your first task is to consider your market. Who are your clients likely to be? How will you find them? Having found them how will you persuade them to use your services as opposed to any other UAV operator? How far are you prepared to travel? Is all your business going to be locally based, in your home country, or abroad as well? 2. Create a business plan If you've ever watched the TV show Dragons' Den (and I recommend you do) you will probably know that it is essential to know the figures for your business. It doesn't matter how good the product or service, if it doesn't show a reasonable profit in a given timeframe then it's never going to succeed. So your first task is to create a business plan. This doesn't have to be a complicated PowerPoint presentation with pretty pictures and multimedia (unless you intent to pitch for some investment) but you should at least compile one or more spreadsheets that remind you of what your capital costs and expenditure are likely to be in the first 12-24 months. There are plenty of free Excel templates online. Just google for 'business plan templates Excel' or similar phrases. 3. Controlling your budget The second point I want to emphasise to keep a tight rein on your budget. You might thing that you need every new gadget, tool, and software for your business. It's very easy at the start when you're flushed with enthusiasm (and you've still got money to spend!) to buy all the latest kit. Just remember that for every pound or dollar you spend you will have to replace it with several pounds or dollars. Do you really need that gadget or software today? Don't get bitten by the software bug and suffer from upgradeitus. A lot of software tools are filled with features we don't use. Stick to the essentials. 4. Set the right price Imagine the scenario; you've quoted for a job but your client hesitates and tells you that they can only pay a proportion of your price. They may even hint that they will hire you again if they can secure a discount this time. Continued in the video... #### Get a video advert for your business. Turn press releases into videos, generate infomercials. Visit : https://www.redspan.com #### I upload 2-4 times per month. Subscribe to my channel: https://goo.gl/FhzGmn My most recent upload: https://goo.gl/ujZ7ms My most popular upload: https://goo.gl/ThKf7y Playlists Flight Training, Private and Commercial Pilot: https://goo.gl/EuD7wt Learn To Fly, Get Your Pilot's Licence: https://goo.gl/6Z6h6P General Aviation: https://goo.gl/p8MLZY Aviation Careers: https://goo.gl/bhZWXL Career Training and Business Tools https://goo.gl/rh9P46 Social Media Links Twitter: https://twitter.com/Redspan Twitter: https://twitter.com/BensBookmarks Instagram: https://www.instagram.com/ben_lovegrove_voiceovers Facebook: https://www.facebook.com/redspansolutions/ Google+: https://google.com/+BenLovegrove Acknowledgements This presentation contains images that were used under a Creative Commons License. Click here to see the full list of images and attributions: https://app.contentsamurai.com/cc/42227 This presentation may also include video clips licensed under the Creative Commons Zero (CC0) license and/or video clips of our own. Disclosure As an Amazon Associate I earn from qualifying purchases. If you click through a link I share I may earn some commission from the sale. It doesn't affect the price you pay Video Created By Redspan Solutions Ltd - https://www.redspan.com/ Contact us to discuss making videos like this for your business.