Top 5 Ways Private Aviation Can Help Scale Your Company

BROUGHT TO YOU BY FLYING FINANCE

Finding leverage and expanding your network are non-negotiable parts of today’s rapidly evolving world of business. If you’re looking to scale up right now in this competitive market, private aviation can offer substantial advantages and impact your growth trajectory in ways you might not have thought of.

Here are five ways a corporate or private aircraft can maximize your strategy:

1. Flexibility 

One of the primary benefits of private aviation for scaling companies is the unparalleled flexibility it provides. Unlike commercial airlines, which operate on predetermined schedules and routes, private jets can adjust their itineraries according to your business needs. You can leverage that flexibility to seize opportunities with little notice, be it an unscheduled meeting with a critical partner or a sudden reconnaissance of a potential market.

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2. Accessibility 

Private jets likewise open up access to remote or poorly serviced locations that are often off-limits to commercial flights. The ability to reach over 5,000 airports in the U.S. (compared to about 500 serviced by commercial airlines) empowers growing businesses to expand their geographical footprint with remarkable agility. Especially if you’re rapidly scaling operations without an established infrastructure, the strategic advantage of reaching key regional markets quickly and efficiently cannot be overstated.

3. Efficiency 

Time is often a company’s most limited resource, particularly during periods of rapid expansion. Private aviation saves an average of four to six hours per travel day compared to commercial flights, thanks to streamlined boarding processes and the use of more convenient airports. Any time savings in your travel translates into increased productivity, if you’re driven and willing to leverage it.

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Decision making and problem solving are undeniably crucial in scaling efforts. In high-stakes scenarios like mergers and acquisitions, as an example, being able to make timely decisions is one of the biggest factors in success. The ability to conduct multiple site visits or meetings across various locations in a single day dramatically accelerates your decision-making pace.

4. Privacy 

If you’re growing your business, chances are you’ll need security and confidentiality along the way. Strategic partnerships and joint ventures are going to require face-to-face meetings and a secure location. Depending on your industry, market entry tactics can also be sensitive and require a lot of travel, especially if you have plans to expand internationally. 

Just by virtue of function, private aviation naturally keeps your in-air conversations, well, private. Meet in flight or fly to your destination, but in either case, private business aviation affords you opportunities you probably won’t have with commercial flights. 

5. Cost-Benefit Dynamics

Even if the upfront costs of private aviation are considerable, the return on investment can justify the expenditure (and that’s not even taking into account the advantages of financing an aircraft, which frees up capital for more effective investments, leaves you less vulnerable to risks, and offsets your tax burden). Many businesses report an ROI of 150-200 percent on deals conducted via private jet travel, primarily because the cost is recuperated through time savings, higher deal closure rates, and the intrinsic value of privacy and flexibility.

Investing in private aviation is a great way to gain a competitive edge in terms of cost efficiency in the long run. Access to multiple markets rapidly means potentially being first to market with new products or services, and that’s a formidable advantage in any competitive landscape.

Private aviation serves as a strategic asset that drives business success. In the context of scaling up, the ability to leverage time savings, enhanced accessibility, and ensured privacy can make all the difference. If you’re willing and able to leverage private aviation as a tool for growth, it can be a great tool for positioning yourself strategically in a competitive market landscape. 

If you want to get started and see how you can get into a private aircraft for your own business, visit FLYING Finance today, and we can help you through the process of getting preapproved today.