Travel Like The One Percent: Purchasing A Private Jet

The thought of traveling the world in your very own private jet truly sounds like something out of “The Lifestyles of the Rich and Famous.” Despite the belief that only the exorbitantly wealthy travel in this manner, purchasing your own jet for your travel needs may actually save you money in the long run. It sounds like the stuff of fiction or fairy tale, but it is actually true. The thing of it is, you need to be honest and in touch with your actual needs, have the funding to make the purchase, and have help with all of the filing necessities with the Federal Aviation Administration (FAA) and International Registry in order to make this fantasy a reality.

Do You Need Your Own Plane?

For those who travel a lot, be it for business or another necessary reason, flying on commercial planes can seem as though it takes an eternity. The fact of the matter is, having your own plane will save you a lot of time as you will be able to board and get on your way faster than a normal, commercial flight. This is not a time to be unrealistic though. According to Wiki How, flight experts agree that only those individuals who fly 350 or more hours per year would find this kind of purchase truly cost-effective. There are other options, such as having fractional ownership of a private jet, which would allow you to pay for the time you need it without having to worry about the cost of maintaining the plane.

Buying a plane is in the consumer’s court right now as well. According to Barron’s, private plane prices are down 20 to 50 percent from what they were in the early 2000s. If you do decide to purchase a plane, consider what size plane will meet your needs. You should not purchase a plane larger than what you actually need, so you need to consider how far you will be traveling and how many passengers the plane will be handling.

Cross Your T’s and Dot Your I’s

Buying a plane can be a bit of a hassle. There is a lot of documentation that is needed and just because you have the means to make this purchase, doesn’t mean you are well acquainted with all of the requirements from the FAA or International Registry. Not only that, the plane you purchase will likely need some improvements in order to meet all safety standards. Having an experienced professional help you through the purchase, filings, and escrow of the jet will greatly improve the ease of the transaction as a whole.

Featured images:
  •  License: Royalty Free or iStock source: http://office.microsoft.com/en-us/images/results.aspx?qu=jet&ex=1#ai:MP900427610|mt:2|

John Shelton is a business owner that utilizes his down time by giving advice to future and current business owners.

Top Tips From The Worlds Experts In Developing And Sustaining Good Client Relations

When a business wishes to be successful and gain a large following, it is vital for the people in charge to think about creating and sustaining customer relationships. Relationships help a business last for a long time. Such a benefit also ensures that the business may gain a positive reputation on the Internet and around the local community. The information below may help a business in the long run.

1. Create a Social Media Account

If a business wishes to stand out from the competition, it is a good idea to create social media accounts. Social media websites play a significant role on the Internet. People use these websites in order to talk to loved ones or learn

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Work And Play – 5 Cool Leisure Spaces For Your Office

The office shouldn’t be a stressful and dull environment. You spend the greater part of your life in the workplace and it you shouldn’t be made to feel like you’re entering hell every morning. Every office should have some leisure space so that employees and employers alike can relax and recuperate. Studies show that a leisurely environment stimulates the mind and that it helps combat fatigue and stress.

Stuck for ideas? Here are five cool spaces you can incorporate in your office. Work hard, play hard – isn’t that the motto, after all?

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Retirement Plans – How Much to Save for Retirement?

This article will look at your retirement plans in order to answer the question, how much to save for retirement? There are several different ways to calculate this number, and of course the value will vary from person to person depending on their circumstances. But, to give you a ballpark number, for most retirees if you have around $500,000 at age 65, and have a home paid for and no debt, you should be able to have a comfortable if modest retirement, and you will be much better off than the majority of other retired people. If you want an above average or deluxe retirement you will need more savings.

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FOUR FUN WAYS TO MOTIVATE YOUR EMPLOYEES

Four Fun ways to Motivate your Employees.

When it comes to work, most people can think of a whole lot of things they would rather be doing than, sitting in the office all day doing work or answering the phone. And while this certainly won’t change for some people no matter what you do, here are four fun ways to motivate your employees and keep them moving forward without needing to put too much into it, or cost too much time and effort on your behalf.

 

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4 Tips for Enjoying Your Retirement

Happy Retired CoupleSo you’ve finally done it. Congratulations! After years of hard work, and the proverbial blood, sweat, and tears, you’ve made it to retirement. The only problem is, after decades of getting up dutifully and going to work, you all of a sudden have no frame of reference for how to spend your days. From a regimented schedule to suddenly an open-ended year of nothing, retirement can seem daunting with uncertainty.

But assuming you’ve done the leg work, and saved up money for your retirement life, you’ve got an amazing couple of decades ahead of you, and a great time to enjoy retirement, life, family, and all the things you missed along the way.

In fact, if you’re out of ideas, there are a few things you can do and ways you can enjoy your retirement that are cheap, easy, fun, and will leave you with plenty to do when it comes to life and a new lifestyle.

 

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Tax Saving Tips for Business Owners

Sole proprietorships are the simplest way to run your business. They are taxed at your regular tax rates as a person. Because of the simplicity of this business structure, many business start this way. As your business grows, there are tax benefits to setting it up a corporation. I will discuss the advantages of corporations in an upcoming post. Here are some tax saving tips for business owners.

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