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Business Report 1.1- Establishment SkyPac was established by its two partners, Nick Carpenter and Rick Pegus in January 2004. The profits of the business are equally split but there is a portion that goes towards Nick's salary because, unlike Rick, Nick works full time at the company. The business was established to try and fill a void in Australia's private aircraft industry. The business is not unlike several successful businesses in the USA. 1.2- Core Function The businesses core function is to provide aircraft charter and private jet membership services. The businesses target market is: business executives, VIPs and private travelers. The company provides small, medium and large jets and helicopters for its customers. The company provides its members with quick services ready on very short periods of time. The company has the largest range of luxury; private jets that any other jet brokerage in Australia. It aims to provide efficient and comprehensive services...

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