Fractional Ownership Business Ideas

Author: Alex  |  Category: Services

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The concept of fractional ownership is nothing new. Fractional ownership can be defined as collective ownership of an asset.

Consider NetJets, which created the concept of fractional jet ownership. While the convenience and flexibility made sense to own your own plane, the finances didn’t. However, through co-owning, it takes away the financial issues but still offers the same benefits of owning a plane minus the headaches. NetJets also takes the responsibility of hiring pilots, hangaring the aircraft, and maintenance for a fee.

Try thinking of something you can apply the concept of fractional ownership. You may hit a jackpot.

Website: www.netjets.com