If you enjoy using your drone for recreation, you might be interested to know that you can turn your hobby into a business. The drone market is substantial across the world. Whether you’re starting a side hustle or completely entering a new career, your passion for drones can help you get there.
There is a universal love for drones. China’s drone revenue was around 1.27 billion dollars in 2022 alone. In other countries, such as the U.S. and France, revenue came in at around 1.24 billion and 150 million dollars, respectively.
With the knowledge that the drone market is hot right now, you might feel uncertain about how easily you can break into the market for your own business. Believe it; it’s not as difficult as you might think! If you’re interested in starting your drone business, consider DroneFlyer and the information below.
What Is A Drone, And What Can It Accomplish?
Before you begin, familiarize yourself with the terminology. Drones are a type of UAV that can come in handy in various industries. For example, those in photography might use drones to take birds-eye-view images. Drones are also a resource for hospitals in undeveloped areas. Consider the industry you’ll enter, and how DroneFlyer might inspire your drone business ideas.
Get Your Certifications
You don’t need a license when using your drone for fun. Indeed, as sites like DroneFlyer suggest, there are many steps to take before you can start your business. Legal processes must be followed if you’re using drones for commercial reasons. You must pass the Part 107 exam. In doing so, you’ll receive your Part-107 license, which you’ll use as part of your registration to receive your FTN and schedule your FAA test. To pass, you need to achieve at least a 70%.
Understand The Laws In Your Area
Make sure you’ve registered your drones with your state. There may also be state regulations to keep in mind that restrict how and where you can use your drones. Be sure to get clear on these specifics as well. In some cases, local laws may also prohibit your drone from flying over designated areas. These laws are local and not specified by the FAA or by DroneFlyer.
Develop Your Business Plan With DroneFlyer
Create a business plan specific to the market analyses you’ve conducted in your area. By noting how you want to promote your business and compete among other drone companies in your market, you can make customer surveys to decide on the best approach for your business niche. From there, hire staff to create your drone products and define the pricing structure you plan to implement based on what you’re providing.
Turn Your Hobby Into A Career
Once you’ve completed the basics, the rest is straightforward. Create a website and use DroneFlyer as a guide. Keep up with marketing and stay present in the business community. Ultimately, start a professional drone business by turning your hobby into a career.