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3.5_BusinessPlan.docx

Running head: PARTIAL BUSINESS PLAN 1

PARTIAL BUSINESS PLAN 2

Partial Business Plan: Teague UAV Institute

Christopher A Teague

Embry-Riddle Aeronautical University

Partial Business Plan: Teague UAV Institute

Synopsis

Company Description

Teague UAV Institute is an organization that is involved in the provision of training services and complete solutions for unmanned aerial vehicles (UAVs). Headquartered in Boston, Massachusetts, the organization not only offers training and instructional services to UAV operators, but it also provides consultancy solutions to individuals and organizations that seek to utilize these equipment’s for business purposes. In 2016 alone, the number of students who wish to gain knowledge and skills on how to operate, repair, and maintain UAV devices reached approximately 500. This represents a 20 percent increase in the number of trainees from 2015 respectively. Currently, the company has a total of 50 highly talented, educated, and experienced lecturers and tutorial fellows, who work with the administration to impart knowledge and skills to learners.

The organization provides a wide range of services to its target customers. They include training on using UAV applications, imageries, UAV mapping, agriculture and emergency response. In addition, trainees are taught how to use both rotary and fixed –wing aircraft. For students who wish to be military personnel in future, the organization offers instructional materials on ways in which these valuable equipment can be used in the war zone or emergencies. Training also incorporates a mixture of classroom instructions and aircraft controls. Training topics may also include aerodynamics and flight operations.

Businesses must operate within the recommended federal and local regulations for them to be certified (Miller & Jentz, 2015). From a legal perspective, this business is an aviation training institution that operates within the rules and regulations spelt out by the Federal Aviation Administration (Federal Aviation Administration). The FAA was established under the Federal Aviation Act of 1958, which provides rules and regulations that support civil aviation in a way that best supports its development and safety, and offers the safe and efficient utilization of the airspace, by both civil and military aircrafts. Therefore, this business has been certified by the Federal Aviation Administration to provide UAV training services.

Reference

Miller, R. L., & Jentz, G. A. (2015). Fundamentals of business law summarized. Boston:

Cengage