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How much extra money could you make a year if you owned a hot air balloon business ?

3 Answers

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  • 9 years ago
    Favorite Answer

    It depends. Are you talking about just owning the business and hiring all the people required top operate it, including the commercial balloon pilot(s) to do the flying, or are you talking about becoming a commercial hot air balloon pilot yourself? Would you be planning to run a full-time, year-round business or a part time business, or a seasonal one? How many days per year? Where?

    All these things have a bearing upon the answer. Beside that, it depends on what size (passenger capacity) balloon(s) you would operate, as well as the size and number of vehicles you'd need to haul them around, and the size of the ground crew you'd need to hire. You'd also need to have an ideas of how much it would cost to adequately advertise the business, as well as the cost of liability and hull insurance premiums required to cover the business, plus the taxes you'd be liable for and any interest you'd have to pay on financing..

    In other words, without having some sort of basic business plan and details of your intentions, it is impossible to say. I've worked on commercial balloon crews and know a thing or two about the business. I'd hazard a guess that you know next to nothing about hot air ballooning. It is far more complex an undertaking than you probably believe it to be. It's also a good way to lose money and go broke if you don't know what you're doing.

  • ?
    Lv 4
    4 years ago

    leap out of an plane many circumstances. Do stable graffiti and don't get caught. study to shoot weapons. Scuba. See hawaii, and all 6 (circulate away out Antarctica) continents, a minimum of. circulate to all 50 states for a stable stay. circulate to important American activities, mardi gra, long island city, etc. Do a surf excursion up and down the california coast. study to snowboard/ski and stay interior the mountains so which you're able to do it plenty. Drink too plenty (a minimum of as quickly as). believe too plenty. Love too plenty. advance toddlers. purchase season tix to each and all the main activities and circulate to the video games. Run a 5k. Swim. Get ordained and officiate a marriage. circulate away out of your place of birth. study a language or 3. Get a school degree or 3. See the president get sworn in DC, whether you probably did no longer vote for him. Be on a gameshow. circulate to an awards coach. supply to charities. talk at a marriage and a funeral. tell your siblings/mothers and fathers you like them. coach young ones. Do something outrageous with your hair.

  • Jim
    Lv 4
    9 years ago

    That will be a hobby to get into because you love ballooning and have money to throw at it. The 'business' would start to help offset the expense of your hobby/passion/obsession.

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