Quantcast

Choose Your Aircraft Purchase Team Wisely

Request a Private Jet Charter

Choose Your Aircraft Purchase Team Wisely

Aircraft purchase team standing next to private jet


Choose Your Aircraft Purchase Team Wisely

Choose Your Aircraft Purchase Team Wisely

By Pat Redmond


As a business owner, you know that your team of experts is critical to the success of your business and that even one mediocre player can impair your expected outcome. Having a superior team of aviation experts on your team will ensure a smooth purchase and seamless integration into your personal and business transportation plan.

The basic core of your team may look similar to the type of experts you trust in your business currently. Certainly a tax specialist who can determine the optimal structure for your purchase is critical. He or she will prepare and file the proper paperwork to ensure maximum tax deductions, determine the sales or use tax solution that suits your particular situation, and structure a method to integrate your personal flights effectively with your business aircraft.

Of course, you'll want to protect your new asset just as you would any of your business assets, as well as protect yourself, your family and your business. As a business owner, you know how important it is to have the right coverage and how shortcuts in this area can be devastating to a business and family.

A smooth financial transaction will prevent unnecessary headaches during the purchase process and ensure that documents are filed correctly to avoid future headaches. Whether or not you seek a loan for your purchase, you need an experienced professional to close your purchase and take care of filing your documents for you.

In additional to your core team, you may also consider other team members such as a personal flight instructor, professional pilot or aircraft manager. Your completed aviation team of experts will work together to ensure a successful integration of your aircraft into your personal and business transportation plans.

While your team may have similar skills as your business team, your new group of experts will have additional expertise and knowledge that is lacking on most business teams. Integrating your new specialists into your existing team will be both simple and welcome. It's generally a costly mistake to believe that your current team can effectively handle the responsibilities of structuring and managing an aircraft purchase. The nuances of IRS and FAA regulations can lead to costly mistakes for the inexperienced.

While it's not difficult to locate aviation specialists who can act on your team, finding the most skilled and best fit for your business can be the difference between success and unexpected problems. This is where you'll execute your skills as a business owner and shine. You may ask your peers for recommendations, interview candidates, or check references.

But what if you're new to aviation and don't even know where to start?

One place to start is with the recommendations of your aircraft sales professional. His or her primary interest is to make your purchase an enjoyable and successful experience. Sales professionals have experience working with a wide spectrum of aviation specialists and can direct you to the very best professionals saving you valuable tie and steering you away from those who have caused grief to previous aircraft customers. Don't overlook this valuable asset when assembling your team.

So, consider your aviation group as you would a subsidiary of your business. You probably won't be hiring additional employees, but as a contractor works with his subcontractors, you'll hire the best you can find, coordinate their efforts and manage each of them just as you're doing now. This is your business, your airplane and you're in control.

Your office in the sky awaits you!

For a list of my preferred aviation specialists and other tips to help you take control of your personal and business travel, visit:

http://www.SuburbanAircraftSales.com


Article Source: https://EzineArticles.com/expert/Pat_Redmond/49314


http://EzineArticles.com/?Choose-Your-Aircraft-Purchase-Team-Wisely&id=8547695



Pat Redmond

Pat Redmond allows business owners take control of their personal and business travel by helping them integrate aviation into their lifestyles. Learn how to design your own aircraft ownership strategy.

Read More from Professional...

Hand holding abstract polygonal airplane on black background. AI and teamwork concept

Where to Start When Seeking a Career in Aviation

Most of us at one time during our childhoods had a dream of becoming a pilot. This is still the case today and there are millions of kids and young adults dreaming the very same dream. ...

Three beautiful flight attendants in front of aircraft engine

Flight Attendant Requirements - Exceeding The Threshold

Knowing the flight attendant requirements is fine; the ability to exceed those requirements may be the difference between landing your dream job, or being reduced to dreaming about what could have bee ...

Presenting diagram of Aviation Safety

Career Profile: Aviation Safety Inspector

Many employers prefer applicants to possess a bachelor's degree in occupational health and safety. Occupational health and safety programs include coursework in hazardous materials, accident and injur ...

Read More from Lifestyles...

Ancient Greek philosopher Socrates quote printed on grunge vintage cardboard - Not life, but good life, is to be chiefly valued,

700+ Best: Live the Good Life! Quotes About Living the Good Life

We all love quotes. They inspire, motivate, and tell a story succinctly. Enjoy these 700+ Live the Good Life quotes. The best quotes about Living the Good Life can be (and should be) exemplified by ev ...

Portrait of men having fun and talking to women on a business trip

Business Trips Don't Have to Be All Business

It's important to know your objectives on a business trip, and to set out with those goals in mind and how to accomplish them. But along the way, something rather amazing happens when you travel on b ...

Collage of Photographs Showing Smiling Female Pilot and Flight Instructor in Flight School at the Airport

Top Flight Training Schools - Getting Your Pilot's License

Are you looking for a flight school in order to get your flight training? There are things you should look for in order to find the place that is right for you. There are certain things to consider wh ...

Read More from PJC Flights of Fancy...

Close-up and selective focus of Adventure word in a dictionary with partial definition.

A Definition of an Adventure Tour

Many people dream of having amazing adventures like one might see in the movies. Other vacationers decide to vacation at the same unadventurous location. If you are looking for a change from the ordin ...

Group of friends about to start adventure on mountain bikes and atv quad bikes in front of mountain house

Seven Things To Do On A Mountain Retreat

Every once in a while, we can get a "wild hair" that takes us on a journey down a path we never thought we'd find ourselves on, and we are left wondering why in the world we did "that". Other times, w ...

Go Your Own Way quote on colorful wooden block typography letters

Five Reasons to Avoid Mass Tourism

There are two types of traveller in the world - those who like to go it alone and forge their own path and those who prefer the whole lot to be done for them. Unfortunately, the second type causes all ...

Submit an Article

Limos.com
Limos.com

Submit Article

Image (1280px x 600px PNG or JPEG Files Only)
Thumbnail (300px x 300px PNG or JPEG Files Only)