Is Your Aviation Business Ready for an Emergency?

The reality is that most business owners are not truly prepared for emergencies. Whether it’s a weather event, a fire, the sudden loss of key personnel or equipment, or something completely different, a major emergency can end a business or decimate its value if it’s not prepared. Here are five key items that should be on your Prepared for Anything list.

Having an End Goal

You are a key player in an aviation business, but have you thought through your long-term goal for the business? There are four simple steps you should take in considering your future and the future of your business.

The Value of Taking A Break

When assessing the value of an aviation business, the valuator considers many different factors. Of course, the assets, liabilities, revenues, expenses and bottom line are all a major part of that picture, but there are other elements that affect value either positively or negatively. Among those elements are your company’s products or services.