This article includes several pragmatic recommendations on starting an aircraft dealership.
(article continues below)
Best Practices for Opening Aircraft Dealers & Distributors Business Plans
The idea of writing a business plan is intimidating to most aspiring aircraft dealership owners. If it's comprehensive and well-written, however, your business plan will serve as a strategic anchor point and a calling card for external stakeholders.
After the plan has been completed, its effectiveness will largely depend on what you do next.
A business plan distribution strategy represents the backend of your business planning requirements. Generally, effective distribution models include the incorporation of tracking systems into the company's startup plan.
Don't Ignore Competitors
Prior to opening an aircraft dealership in your area, it's worthwhile to determine how you will fit in the competitive landscape. We've provided the link below to help you generate a list of competitors in your city. After following the link, enter your city, state and zip code to get a list of aircraft dealerships in your area.
If there's too much competition, it may be wise to consider starting the business in a less competitive marketplace.
Finding a Non-Competitive Business Mentor
If you want to open an aircraft dealership you really ought to learn as much as you can from somebody who is already in the business. If you think your local competitors will give you advice, you're being overoptimistic. It'd be crazy for them to teach you the business.
On the other hand, an individual who has an aircraft dealership outside of your community may be willing to share their entrepreneurial wisdom with you, after they realize you reside far away from them and won't be stealing their local customers. In that case, the business owner may be more than happy to discuss the industry with you. Our estimate is that you may have to contact many business owners to find one who is willing to share his wisdom with you.
How does one go about finding an aircraft dealership owner on the other side of the country to talk to?
No problem! Just use the link below and try a random city/state or zipcode. Then start dialing for advice until you are successful.
Branding Advantages of Buying an Opening Aircraft Dealers & Distributors
Startup aircraft dealerships typically suffer when it comes to brand recognition because unlike entrenched competitors, new brands lack visibility and history with their customers.
Unless you are 100% married to the idea of a startup, you can bypass the time it takes to establish a brand identity by buying a business to get an established brand. In the hands of marketing professionals, the process for creating brand awareness is still long and gruelling.
However, an aircraft dealership acquisition can put you at the helm of a brand that is already highly trusted by your target market.
Is Franchising the Right Option?
The chances of doing well with your venture are higher if you go the franchising route and leverage their successful brand and track record.
Before starting an aircraft dealership, you should investigate whether there are good franchise opportunities available that might be the right move for you.
The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.
These additional resources regarding starting a business may be of interest to you.
If you already are in business and came here to learn about growing an existing aircraft dealership, try these useful resources:
If you sell to aircraft dealerships, we've got better information for you elsewhere on our site. These resources are more appropriate for you:
If you are interested in starting a different kind of business, please browse our directory of guides below.