Skydiving Service Business Plan, Marketing Plan, How To Guide, and Funding Directory
The Skydiving Service Business Plan and Business Development toolkit features 18 different documents that you can use for capital raising or general business planning purposes. Our product line also features comprehensive information regarding to how to start a Skydiving Service business. All business planning packages come with easy-to-use instructions so that you can reduce the time needed to create a professional business plan and presentation.
Your Business Planning Package will be immediately emailed to you after you make your purchase.
Product Specifications (please see images below):
- Bank/Investor Ready
- Complete Industry Research for the Industry
- 3 Year Excel Financial Model
- Business Plan (26 to 30 pages)
- Marketing Plan (24 to 28 pages)
- 425+ Page Funding Directory
- PowerPoint Presentation
- Loan Amortization and ROI Tools
- Three SWOT Analysis Templates
- How to Start a Business Guide
- Easy to Use Instructions
- All Documents Delivered in Word, Excel, and PowerPoint Format
- Meets SBA Requirements
Skydiving is one of the most exciting activities a person can do. Many people often do skydiving on major milestones, when they’ve had a major life crisis, or simply for the thrill of jumping out of an airplane. These businesses are typically immune from most economic challenges given the fact that it is a low-cost form of entertainment. The startup cost associated with a new skydiving service typically runs around $200,000 depending on whether or not the plane is going to be acquired by the company directly or leased. The other aspect of his business that is great is that these businesses enjoy very high barriers to entry given the fact that there are numerous certificates and licenses that are required before business can actively engage in providing skydiving services. The vast majority of people that have started these businesses have extensive experience either in the military or as a civilian skydiving expert. The gross margins generated from services is typically around 75% depending on whether or not the underlying expenses from the plane are factored into the cost of goods sold. Most financial institutions are willing to provide strong capital support for these businesses given their highly predictable streams of revenue, coupled with the large tangible asset base of the business.
A skydiving service business plan should be developed at the entrepreneur is going to require capital in order to launch his type of business. This business plan should feature a three-year profit and loss statement, cash flow analysis, balance sheet, breakeven analysis, and business ratios page. Most importantly, a thorough examination of the market should be included on a regional level given that people are going to be willing to travel substantial distances in order to use the skydiving services operations. This demographic profile should outline the number of people that have gone skydiving and want to go skydiving, the population size, median household income, and other relevant statistics specific to this type of industry. A competitive analysis it should also be included within the business plan documentation.
A skydiving service SWOT analysis should be produced as well in order to ensure that the business can outline its strengths, weaknesses, opportunities, and threats. As it relates to strengths, skydiving services generate strong gross margins from their services while concurrently being able to remain economically stable in most climates.
For weaknesses, these businesses do have a substantial amount of liability given the fact that this is a high risk sport. As such, an attorney should be hired so that appropriate liability waivers are issued to each and every person that uses the company services.
For opportunities, these businesses typically remain as smaller regional size businesses although an entrepreneur that is seeking to expand can simply develop additional locations from outside of the initial regional market. Additionally, specialized classes for people that want to engage in skydiving on a solo basis can also be offered in order to increase revenues.
As it pertains the threats, there is nothing that is going to change about this industry moving forward given that this is a highly established sport. Only a major and prolonged economic recession would impact the revenues of the business.
A skydiving service marketing plan should also be developed in order to ensure that the business can be found very quickly. This includes having an expansive online website that showcases videos of prior jumps, contact information, pricing information, and requirements among people are going to go skydiving with the company. Additionally, many skydiving services will develop referral relationships with area hospitality businesses so that referrals can be provided when a visitor wants to try skydiving of even though they are a tourist in the market. This will allow the business to generate an immediate stream of revenue from the onset of operations. Additionally, many skydiving services maintain relationships with flight schools and other aviation related businesses that can provide referrals from time to time. One of the other ways of these businesses frequently are able to develop their initial revenue streams is simply given the fact that the owner is usually a highly qualified skydiving instructor and has extensive contacts within the industry.