Can you Get into Trouble for Using your Personal Funds in Your Drone Business?

Today's question is about limiting liability in a drone business. Are you risking liability if you use your personal funds to manage an LLC?

Our caller, Scott from Denver, CO, has come up with an excellent drone business question. In the past, we have talked about the benefits of forming an LLC for your drone business. Scott is wondering if he can use his personal funds to run his drone business LLC. Can Scott get into trouble with the IRS for doing so?

Forming a drone business LLC will allow you to establish a clear boundary between your personal and business assets. However, as is the case with most businesses, you might need to infuse your personal funds in the initial stages to keep your business going. Do you risk personal liabilities by doing so? In this show, you will learn how to fund your drone business without violating any IRS guidelines. Thanks for the question, Scott. Fly Safe!

If you found this show interesting, you might want to check out our Drone Business Course where we cover topics like legal structure and taxation in far greater depth.

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Timestamps

Today's question is about limiting liability in a drone business

What is the advantage of forming an LLC for your drone business?

What is a "disregarded entity"?

Should you co-mingle personal and business funds?

Can you fund your drone business with your personal funds?

What is a good source of taxation information? Should you hire a CPA to manage the financial affairs of your drone business?

What is form W-4? What is the advantage of filling out form W-4?

How to Showcase your Drone Roof Inspection Model

Today's question is about drone roof inspections. Which tools can you use for showcasing a drone model to your client?

Our caller, Scott from Denver, is a regular ADU listener and is into drone roof inspections. What is the best way for Scott to present his drone models to his clients? Can you view full resolution inspection images at a click of a button?

To answer Scott's question, Paul pulls up a point cloud of the Sloan Park baseball stadium in Pix4D. Watch and learn as we show how you can view high-resolution drone roof inspections images at a click of a button. Other topics discussed include remotely viewing your drone mapping project and outsourcing your drone mapping needs. Thanks for the great question, Scott. Fly Safe!

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Timestamps

Today's question is about drone roof inspections

Which mapping software allows you to view full resolution images on a click of a button?

Paul shares his Sloan Park baseball stadium point cloud

How can you show your point cloud to your client?

Watch and learn how to view full resolution images in Pix4D during a drone roof inspection

How can you view a drone mapping project remotely?

How long does a point cloud clean up take?

Can you outsource your drone mapping needs?

Is ContextCapture a Good Alternative to Pix4D?

Today's show is about Bentley ContextCapture vs Pix4D. Which is the best software for drone mapping and modeling?

Our caller, Bryan, is a construction management professional who has been using Pix4D for his drone mapping needs. Bryan is struggling to export his mapping data from Pix4D to AutoCAD. Bogged down with Pix4D's complexity, Bryan is wondering if Bentley's ContextCapture is a good alternative.

To help out Bryan, we first compare ContextCapture to Pix4D and reveal why Pix4D is the gold standard for drone mapping software. Next, we show you how to export different file types from Pix4D to AutoCAD. You will learn how to draw lines and create Manual Tie Points in Pix4D. Is it easier to draw lines in AutoCAD or Pix4D? Are you creating Manual Tie Points (MTP's) in a geo-rectified map? Is it tedious to export large data-sets from Pix4D? For all this and much more, tune in to our latest show now! Thanks for the great question, Bryan. Fly Safe!

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Timestamps

Will the new FAA drone rules result in a ban on hobby drones in controlled airspace?

Today's question is about ContextCapture vs Pix4D

Bentley ContextCapture vs Pix4D - How do they compare?

How to draw lines in Pix4D for making measurements off your drone model

How to create Manual Tie Points in Pix4D

Is it easier to draw lines in AutoCAD rather than Pix4D?

Importance of creating Manual Tie Points (MTP's) in a geo-rectified map

How to export different file types from Pix4D

Is exporting mapping data for larger and complex drone models a tedious task?

Pix4D's next user conference is coming up in Denver, Colorado. Register Now!

Is Pix4D the best software for drone mapping? Is ContextCapture a good alternative?

Drone U's Enterprise Membership Program to be launched soon!

In today's show, we discuss the mapping workflow for DJI Phantom 4 RTK. How does the drone mapping workflow differ from non-RTK drones like the Phantom 4 Pro?

Our caller, Lorenz from Wisconsin, is using a DJI Phantom 4 RTK for drone mapping. Lorenz is wondering if he needs to make any significant changes to his mapping workflow. Are there any issues specific to Phantom 4 RTK users that Lorenz needs to be aware of?

In this very detailed show, DJI Phantom 4 RTK users will learn the most accurate and efficient drone mapping workflow. In the past, we have shared our experiences with the Phantom 4 RTK. While there are many advantages to this RTK drone, you will have to deal with some unique problems too. For instance, when you acquire data with the DJI Phantom 4 RTK, the datum for images and GCP's tends to differ. What do you do in this case?

In this show, you will learn when and how to make changes and corrections to your coordinate system. You will learn about geiod height and whether you should set your geiod height above WS G84 ellipsoid. How do you make corrections when mapping a large area with different offset values? Will using the Propeller Aeropoints along with DJI Phantom 4 RTK result in more accurate drone mapping data? Thanks for the great question, Lorenz. Fly Safe!

Drone U members can rent Propellor Aeropoints at a special discounted price. Click HERE to learn more.

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Timestamps

Check out our all-new Drone U Landing Pads

Today's question is about the best and most efficient mapping workflow for the DJI Phantom 4 RTK

DJI Phantom 4 RTK vs. Phantom 4 Pro - How does the drone mapping workflow differ?

Do you need GCP's when mapping with the Phantom 4 RTK?

What is a problem that professional mappers are facing with the Phantom 4 RTK? What should you do when the datum for images and GCP's differs?

When should you use the geoid height above the ellipsoid function?

What should you set the geiod height to? When should you change the geiod height?

How to set the geiod height above WS G84 ellipsoid

Do you to make corrections to your vertical coordinate system when using Pix4D?

How can you make corrections for a large area with multiple offset values?

How can Drone U help you rent Propeller Aeropoints at affordable rates?

Paul explains the traditional drone mapping workflow

Do you need to use GCP's with the DJI Phantom 4 RTK? We suggest an alternative workflow using the Propeller Aeropoints and Phantom 4 RTK

Are the DJI Spark 2 Rumors True?

Our Biggest Drone News story this week is about the DJI Spark 2. Initially, we had reports that DJI will be coming out with a new and improved version of this much-loved drone. You can also check out our review of the original DJI Spark.

Drone enthusiasts who were disappointed to find last week that DJI Phantom 5 rumors were totally false were certainly heartened to hear these news. However, the latest developments suggest that plans to launch the DJI Spark 2 have been shelved.

DJI Spark 2 Release Date

The release date for the DJI Spark 2 has been already pushed back twice now. Initially we were expecting a summer 2019 release for the DJI Spark 2. We had also reported how DJI was planning on launching this drone at Grand Central Station, NYC.

However, citing a “shift in priorities”, company officials conveyed that the DJI Spark 2 had been indefinitely delayed.

As per the latest industry rumors, the DJI Mavic Mini which released on October 30th, has in fact, REPLACED the DJI Spark 2. You can check out our latest drone news show to get some exclusive updates on the Mavic Mini.

So, has the DJI Spark 2 been permanently shelved? Watch this space for updates!

Rumored DJI Spark 2 Specs

The new and improved Spark will allow you to shoot 4K video at 30fps. Moreover, according to industry rumors, the new Spark with come with an improved 3-axis gimbal, ActiveTrack 2.0 and 2x digital zoom. Other DJI Spark 2 Specs:

More Aerodynamic Design

Increased video bit rate

Increased Flight time of 18 minutes

Colors: Black and White

Panorama Mode

New Battery Design

Due to pricing pressures, the DJI Spark 2 is unlikely to come with Occusync 2.0. New battery design also means that you shall not be able to use your old Spark batteries in the new DJI Spark 2.

Should I Wait for the DJI Spark 2?

This is a question on everyone’s mind. Certainly, the DJI Spark 2 seems to be a drone to look forward to. But with the uncertainty surrounding its release, we recommend you settle for the DJI Mavic Mini.

FAA Introduces New Drone Rules for Recreational Pilots

In our next big drone news story, we reveal how the FAA has come out with new drone rules that majorly impact hobby pilots. Drone enthusiasts may recall how the 2018 FAA Reauthorization Act placed greater restrictions on hobby pilots. Now, as per the new drone rules, the FAA has made it mandatory for hobby pilots to go through the new LAANC system. However, with the new LAANC system yet not configured for hobby pilots and the FAA forbidding the ATC from accepting calls, are we setting the stage for non-compliance?

Introducing DJI's Osmo Action Camera

Our last big drone news story is about the new Osmo Action camera. After the DJI Phantom 5 rumors turned out to be false, DJI sprung a surprise by launching a camera instead of a drone. Pitted directly against the GoPro Hero 7 Black, this action camera comes with a front-facing LCD screen. Will this new Osmo Action camera find takers within the racing community? And, will this new DJI offering further compound GoPro's problems?

Other stories on today's drone news include counter drone technology and the effect of US-China trade wars on the drone market. Tune in now!

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Canada Drone Laws for Part 107 Pilots

Today's question is about flying your drone along the US-Canadian border. Do Canada drone laws permit Part 107 pilots to cross over and fly in their airspace?

Our caller, Tyler from Michigan is planning on filming a marathon with his drone. Because Michigan shares a border with Canada, Tyler might need to cross the US border and fly in Canadian airspace. But, do Canada drone laws allow US pilots to fly in their airspace?

Great question, Tyler. While Canada was first to introduce legislation, unfortunately, Canada drone laws are far more restrictive compared to the US. Does Tyler need to inform Canadian authorities if he plans to cross the international border and fly in Canadian airspace? And, are Part 107 pilots permitted to fly in Canadian airspace? This short but informative show would be particularly interesting to pilots who regularly fly close to the US border. Thanks for the great question, Tyler! Fly Safe!

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If you enjoy the show, the #1 thing you can do to help us out is to subscribe to it on iTunes. Can we ask you to do that for us real quick? While you're there, leave us a 5-star review, if you're inclined to do so. Thanks! https://itunes.apple.com/us/podcast/ask-drone-u/id967352832.

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Timestamps

Today's question is about is about flying a drone along the US-Canadian border?

Can you legally fly your drone along the US border?

How to check airspace in border areas

What happens when you cross the international border, and fly into Canadian airspace? Do Canada drone laws permit you to fly??

Should Tyler inform Canadian authorities prior to setting flight?

Comparing US and Canada drone laws; are Canada drone laws more restrictive?

Today, we discuss workflow for acquiring the most accurate drone mapping data. We also compare DroneDeploy and Pix4D to reveal the best mapping software for professional drone mappers.

Our caller Chris wants to take up drone mapping jobs with his Matrice M210. Firstly, Chris is wondering if he can use drone mapping software like Pix4D or Deploy with his Matrice M210. Chris is also looking for some tips & tricks which will help him acquire the most accurate mapping data.

To answer Chris's question, we first compare the pros & cons of Pix4D and DroneDeploy. Sure, DroneDeploy is easier to use. In spite of this, why are professional mappers like Chris better off using Pix4D? And is Pix4D compatible with DJI Matrice? Next, we share the best drone mapping practices that will help you achieve the highest level of accuracy in drone mapping.

Why is flight altitude significant in drone mapping? Should you alter your data acquisition strategy based on weather conditions? Listeners will also learn the difference between GSD (Ground Sampling Distance) and Resolution, and why GSD is a more accurate gauge of data quality in drone mapping. Thanks for the great question, Chris. Fly Safe!

Make sure to get yourself the all-new Drone U landing pad!

If you’re looking for a drone charger, head over to the Colorado Drone Chargers website and use the promo code DRONEU8 to receive a discount on your purchase!

Get your questions answered: https://thedroneu.com/.

If you enjoy the show, the #1 thing you can do to help us out is to subscribe to it on iTunes. Can we ask you to do that for us real quick? While you're there, leave us a 5-star review, if you're inclined to do so. Thanks! https://itunes.apple.com/us/podcast/ask-drone-u/id967352832.

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Timestamps

A special thanks to our awesome sponsor, Colorado Drone Chargers

Today's question is about how to acquire the most accurate data in drone mapping

DroneDeploy vs. Pix4D - which is the better software for drone mapping?

DroneDeploy is easier to use. Why should I go for Pix4D?

Can you use Pix4D or Drone Deploy with Matrice M210?

What is the best way to learn different data acquisition strategies in drone mapping?

Why is flight altitude important in drone mapping?

3 Factors that affect Ground Sampling Distance (GSD)

GSD vs Resolution - what is the difference?

How does weather affect your drone mapping data?

Should your data acquisition plan differ for every mapping project?

Should you keep the same camera settings for every mapping project?

?

What is the BEST and SAFEST way to sell my Drone Footage Online?

In today's show, we share some of the best websites for selling your drone footage. You will also learn how to set up a completely autonomous sales workflow for scaling up your drone business.

Our caller Desi is an avid ADU listener. Having listened to our past shows, Desi knows the importance of protecting her drone footage using copyrights. Today, Desi wishes to know the best and safest way of selling her drone footage online.

To answer Desi's question, we first list some of the best websites for selling your drone footage. Further, you will also learn how you can set up a completely autonomous sales funnel which will allow you to concentrate on your flying. How much do websites charge for selling drone footage? And, how can Desi ensure that her drone footage receives more visibility? For all this and much more, tune in to our latest show now. Thanks for the great question, Desi! Fly Safe!

Make sure to get yourself the all-new Drone U landing pad!

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If you enjoy the show, the #1 thing you can do to help us out is to subscribe to it on iTunes. Can we ask you to do that for us real quick? While you're there, leave us a 5-star review, if you're inclined to do so. Thanks! https://itunes.apple.com/us/podcast/ask-drone-u/id967352832.

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Timestamps

Check out our new and interactive video setup

Today's question is about selling digital and physical prints of your drone footage

How does Paul generate physical prints for his drone footage?

Which services should you use for selling digital and physical prints?

Can you set up an autonomous sales workflow for selling your drone footage through Shopify?

Should you set up an autonomous process from the get-go? Or, should you wait to scale up your drone business?

Drone U Recommended websites for selling your drone footage

Typically, how much do websites charge for selling your drone footage?

Do websites selling your drone footage add custom watermarks to your prints?

How can you build a completely autonomous sales funnel for selling your drone footage?

How to stand out while selling aerial photography on websites

Drone Business | How to Form Business Partnerships

Today's question is about the Pros & Cons of forming business partnerships in your drone business. How do you protect yourself, especially if a business partnership goes sour?

Our caller, Ana, a drone business owner is wondering if she can potentially partner up with other drone service providers and surveying companies to grow her drone business. Cautiously optimistic in her approach, Ana is well aware of the negative repercussions in case she ends up partnering with the wrong person/business.

Great question, Ana. It would be a colossal mistake to form business partnerships without formal contracts and iron-clad revenue sharing agreements. But, how do you vet a potential partner, and work with someone who is in perfect alignment with you? Can a drone service provider expect to form synergistic business partnerships with traditional surveying companies, for instance? And, are formal business partnerships the only way of collaborating with other businesses?

This show will be particularly interesting to drone business owners with pre-existing business partnerships. Thanks for the great question. Fly Safe!

Make sure to get yourself the all-new Drone U landing pad!

Get your questions answered: https://thedroneu.com/.

If you enjoy the show, the #1 thing you can do to help us out is to subscribe to it on iTunes. Can we ask you to do that for us real quick? While you're there, leave us a 5-star review, if you're inclined to do so. Thanks! https://itunes.apple.com/us/podcast/ask-drone-u/id967352832.

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Timestamps

Today's question is about forming business partnerships in a drone business

Pros & cons of business partnerships to grow your drone business

How do I structure a contractual agreement with a business partner?

Is it dangerous to form business partnerships with someone who has significantly more resources than you?

How to work out revenue sharing arrangements in business partnerships

Should you insist on auditing your partner's bank statements?

Are you forming synergistic business partnerships that are resulting in added value for everyone?

Are formal business partnerships the only way to work with other people and organizations?

Should a drone service provider partner with up with a traditional surveying company?

Can business coaching help you work seamlessly with your business partners?

Are your business partnerships resulting in a win-win scenario?

How can you vet a potential partner for your drone business

In today's drone news show, we discuss drone delivery services, the latest DJI news, DJI rumors, Drones in films and much, much more. Will we see a new DJI drone on May 15th? Tune in to find out!

Will New Firmware Upgrades for Phantom 4 Pro RTK Enhance Drone Mapping?

Our first DJI News is about the Phantom 4 Pro RTK. DJI has introduced new firmware upgrades for their mapping drone, Phantom 4 Pro RTK. These new firmware updates introduce new flight modes, one of them being terrain awareness. Terrain Awareness allows mappers to map a site with large elevational changes accurately. While these upgrades are quite positive, drone mappers have already been flying in "Terrain Awareness" mode using Maps Made Easy. Has DJI been unable to fulfill its initial promise of a "compressed and easier workflow" with the Phantom 4 Pro RTK? Why are drone pilots still preferring the ubiquitous Phantom 4 Pro over the Phantom 4 Pro RTK?

Drones in Hollywood

In our second segment of this show, we talk about drones in Hollywood. Australian drone maker, XM2, makes customized drones that have been used to film some popular Hollywood movies like Aquaman and the upcoming, Star Wars. Their largest drone, Sierra, weighs 70 kilos and has a payload capacity of 30 kilos. Even large birds like the Alta 8 (payload 6.8 kilos) and the Matrice M600 (payload 6 kilos) dwarf in comparison to this XM2 drone. XM2 drones have some serious capabilities, and not surprisingly, they cost some serious money too. While drone costs range from $20,000 - $70,000, an entire drone system (inclusive of the camera) could see your cost balloon to as high as $500,000! But, are drone providers in Hollywood complying with drone laws and regulations or simply skirting the law? This serves as a good segue into our next topic - Drone Delivery Services.

WakeMed, in Association with UPS, Starts Drone Delivery Services in North Carolina

We have been reporting how archaic drone laws and FAA's tentative approach have prevented drone deliveries from taking flight. In our last Drone News show, we revealed how Amazon has managed to get permission from the FAA to start drone deliveries in rural Virginia under CFR 135. In today's show, we share how WakeMed hospital campus and UPS have begun using drone delivery for transporting medical samples. Hearing how the power of drone technology is being leveraged to provide more efficient healthcare will certainly enthuse all drone enthusiasts tuning in to this show. This Drone News segment again highlights how drones can be used for the greater good.

The Biggest DJI News Story for Today - Are the DJI Rumors True? Will We See a New Drone on May 15th?

And, saving the best for the last. Our BIGGEST DJI news story is about a new product release on May 15th, 9 am EST. Die-hard optimists might still be hopeful of a DJI Phantom 5 launch on May 15th. Or, shall we see an upgraded Mavic 2 or maybe even a Spark 2? While Haye KNOWS exactly what we will see from DJI on the 15th, unfortunately, he cannot reveal the answer because he has signed a strict NDA with DJI. But being the good natured person that he is, Haye drops some big hints throughout the show. Tune in to see if you can guess the answer! Fly Safe!

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If you enjoy the show, the #1 thing you can do to help us out is to subscribe to it on iTunes. Can we ask you to do that for us real quick? While you're there, leave us a 5-star review, if you're inclined to do so. Thanks! https://itunes.apple.com/us/podcast/ask-drone-u/id967352832.

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