Archive for the ‘Driving & Transportation’ Category

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How to Start a Taxi Service

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

How to Start a Taxi Service Business Overview:

If you’re looking to start a business that provides an essential service to your community, you should consider learning how to start a taxi service. Once you have determined that there is room for one more taxi business in your area, you need to find out what types of permits and licenses are necessary. Visit your local Department of Motor Vehicles for a special taxi driver’s license and check with city hall for regulations. You may need to display something specific inside or outside your cars that shows you are properly licensed with the city. You’ll also need liability insurance for your cars and your drivers. If you want some insider information on how to start a taxi business, go to neighboring cities (that would not be in competition with your taxi business) and talk to taxi service owners. They can offer you some tips that you won’t find elsewhere. Next, you’ll need to decide what types of cars will work best for your business and if you want to buy new or used vehicles. If you plan to do a lot of shuttle-type business at the airport, you may want larger cars or minivans. To set yourself apart from the standard yellow cab, consider a more offbeat car like a PT Cruiser. It might be wise to form a relationship with a local mechanic who can handle all your maintenance needs. In addition to purchasing radios and meters for your cars, be sure to put advertising on your cars that includes your company name and phone number. A website isn’t as necessary for a taxi service as it is for some other businesses since most of your customers will be calling your dispatcher. Try to get a business phone number that’s easy to remember like 555-TAXI or CAB-FARE. And speaking of cab fare, it is likely that your city sets the standard rates you can charge so you won’t need to worry about pricing yourself too low or too high. You’ll make your money with volume of business and excellent customer service. Quick response time and the ability of drivers to accept credit/debit cards will ensure repeat business from your customers. Starting a taxi service is one of the best scalable business ideas available because you can start with just one car and one driver. As business picks up, you can add cars and drivers.

A Day in the Life of a Taxi Service Owner:

Your daily duties will vary depending on your role with the business. If you are the sole driver, your day will consist of taking calls and picking up and dropping off customers. If you are acting as the dispatcher, you will take calls and dispatch your driver(s) to various locations in the city. If you have a dispatcher working for you, you will spend your day making sure your business is running smoothly.

About Your Customers:

Your customers will be individuals needing taxi services to get them around town.

What You Need to Start:

  • Taxi business plan
  • Car(s)
  • Driver(s)
  • Liability insurance
  • Business license and permit
  • Taxi driver’s license
  • Meters
  • Radios
  • Garage or other place to store your cars
  • Computer with dispatch and finance software

The Good:

  • Taxis are always needed.
  • You can start this business with one car and add to your fleet as you can.
  • You can hire drivers to do the work for you.
  • You are likely to get repeat and referral business.

The Bad:

  • For drivers, the hours are long and irregular.
  • Start-up, maintenance and gas costs can be high.

Resources:

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How to Start a Shuttle Service

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

How to Start a Shuttle Service Business Overview:

If you’re looking for a business in the transportation industry that offers a useful service to your community, learn how to start a shuttle service. A shuttle service, also called a share taxi, is a mode of transportation that falls between public and private transportation. Shuttles can run on a semi-standard route, like an airport shuttle, or they can be hired to make pick-ups and drop-offs at any location, similar to a taxi service except customers need to make reservations for these services. When looking into how to start a shuttle service business, you’ll see that financing is necessary to pay for upfront expenses such as your shuttle vehicle(s) and driver(s). A solid business plan will not only help you secure funding, it will also help you focus your business and determine whether you will invest in a franchise, who your target market will be, how much you will charge, when you expect to turn a profit, etc. Research what types of permits and licenses are required in your area for starting a shuttle service as a special commercial vehicle license may be necessary for your driver(s) to have. You’ll also need business insurance that covers your vehicle(s), drivers and passengers. Selecting a niche is perhaps the most important aspect to starting this business since the best plans can fall flat without any customers. Study your competition and find the niche that’s not currently being served. There are likely plenty of airport shuttles but there might not be a shuttle service for the elderly. Other groups to target include college students who don’t have vehicles of their own and working parents who need after-school transportation for their children to sports practices and tutoring appointments. Also, consider pursuing contracts with local hotels to provide shuttle service for their customers to areas of interest around town (mall, zoo, museums, etc.). You’ll find that this is one of the most scalable business ideas you can launch because you can start with one van that you drive yourself and add vehicles and drivers as your business grows.

A Day in the Life of a Shuttle Service Business Owner:

Your daily schedule will depend on your business model and the number of vehicles you operate. If you do all the driving, you will likely have some appointments scheduled and will take calls throughout the day for additional pick-ups and drop-offs. If you have a fleet of vans, you will act as a dispatch of sorts, coordinating your drivers and setting appointments. If you hire your vehicles out to hotels or stick around college campuses, you will probably not have set appointments but your vans will be on site and available for customers to hire when they need transportation.

About Your Customers:

Your customers will be individuals who need transportation services.

What You Need to Start:

  • Business plan
  • Marketing materials
  • Vehicle(s)
  • Permits and licenses
  • Driver(s)
  • Website (optional)
  • Computer with finance software

The Good:

  • Shuttle services are in high demand especially to those who don’t have transportation of their own (college students, the elderly, tourists, etc.).
  • You can start this business with one vehicle and add more as your business grows.
  • Franchises are available to help you get started.
  • You get to meet lots of interesting people.
  • You can hire drivers to work for you while you concentrate on the marketing and management of the business.

The Bad:

  • The start-up investment is high.
  • It can take some time to spread the word about your new business and turn a profit.

Resources:

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Great Reasons to Start a Designated Driver Business

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

Designated Driver Business Business Overview:

Starting a designated driver business is a smart way to be your own boss while providing a much-needed service to your community. A designated driver is typically the one person in a group who refrains from drinking alcohol and whose responsibility it is to drive everyone home. This is a great plan, in theory, but usually the designated driver ends up being the person in the group who’s had the least to drink—not someone who has completely abstained from drinking alcohol. Obviously that is not safe and there needs to be an alternative to leaving your car at the bar or club and taking an expensive cab ride home. Your designated driver business offers clients the freedom of going out, having a good time and not having to worry about who will drive home. When called, your business will send out two drivers. One will drive the customer and his car home, the other will follow in another car to pick up the other driver at the client’s home. This gets your customer home safely with his car in the driveway ready for the next day. If you are unsure how to set up a designated driver business, there are franchises available to help. A franchise will be more expensive up front but will come with training, marketing, advice on hiring drivers and much more. You can start a non-franchise designated driver business for much less if you prefer. If you print up some business cards and distribute them to area restaurants, bars and clubs, you’ll find you have enough business to fill your nights and weekends. This is a part-time business that will typically be slow during the day so you can focus on other business ideas and marketing. If you run a personal assistant business during the day, adding a designated driver business at night would be the logical next step since you are likely already familiar with your city and could easily navigate to pick-up and drop-off destinations. Consider creating a website and listing your services and pricing so that you can market your business to other businesses like event planners who could recommend your services for weddings, birthday parties, retirement parties, etc. Their clients may even choose to offer designated driving services to all their guests. Offer both individual rates and group rates and have some extra staff on hand for large events since you’ll likely need to drive several people home around the same time. Other than large group events, bartenders and club managers will be your best referral tools, so spread the word to them and they will pass business on to you.

A Day in the Life of a Designated Driver Business Owner:

If you have a large event, you will need to coordinate your “stand-by” staff and have them on call for when the party ends. Otherwise, you and your partner will be on call during your set hours (8:00 pm – 2:00 am, for example) and respond to calls throughout the evening. When you’re not making pick-ups, you will go to various bars and clubs distributing business cards to customers and bartenders.

About Your Customers:

Your customers will be individuals who have had too much to drink and need to get home safely. Your customers may also be responsible people who throw parties or large events who want to hire you to ensure their guests get home safely after they’ve had a great time at the event.

What You Need to Start:

  • Two-person team
  • Proper insurance
  • Vehicle
  • Marketing materials
  • Method of accepting credit card payments in your vehicle
  • Website (optional)
  • Extra staff (optional but necessary if you market your services to large parties and at certain times of year like St. Patrick’s Day and New Year’s Eve)
  • Computer with finance software

The Good:

  • This business provides an invaluable service.
  • Franchises are available to help you get started.
  • It’s rewarding to know you’re keeping intoxicated drivers off the road and getting them home safely.
  • The start-up investment for a non-franchise business is low.
  • You can easily run this business part-time.

The Bad:

  • The hours are late.
  • Some customers may be so intoxicated they are difficult to work with.

Resources:

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How to Start a Limousine Business

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

How to Start a Limousine Business Business Overview:

If you’re an experienced limousine driver or just looking for a good business opportunity, you should learn how to start a limousine business. If you already have training in limo driving, going out on your own and being your own boss is the natural next step. You can continue to do the driving yourself or you could hire other drivers to drive for you. Knowing the ins and outs of the limo business from auto mechanics to customer service and taking reservations will go a long way in making this business idea a success. Starting a limousine business will take a large investment so you’ll need to line up financing to help you purchase your car(s). This means you’ll need to have a solid business plan to present to your lenders. Have a good idea of what your target market will be and how you will advertise. A business plan will help you determine how long it will be until you turn a profit which is important information to have. If you do not have any experience driving a limousine but you recognize the profit potential of a business like this, you can hire professional drivers. This would free up your time to concentrate on marketing your business. Consider contracting your services with area businesses who need executives transported to and from the airport and to various meetings and events around town. Also contact hotel concierges and try to get on their list of limo companies they call when a customer requests limousine service. You should also find the event planners in your area and let them know your service is available for weddings and other events they may be hired to produce. It’s important that when you start a limousine business, your drivers (whether that’s yourself or your staff) are properly licensed. Limousines are larger than regular cars and that typically requires having a special license in order to properly operate them. Building your business will take some time but with a solid business plan, great drivers and excellent customer service, you will benefit from repeat and referral business.

A Day in the Life of a Limousine Business Owner:

Your day will begin with a check of any appointments on your schedule. You or your drivers will pick up customers at their homes, hotels or offices and drive them where they need to go. You will take calls throughout the day and set appointments. You will spend some time contacting area businesses marketing your limo service.

About Your Customers:

Your customers will be individuals or groups needing transport via limousine. You may contract your services with area hotels and businesses.

What You Need to Start:

  • Business plan
  • Marketing plan
  • Financing
  • Limousine(s)
  • Driver(s)
  • Licenses
  • Computer with finance software

The Good:

  • You get to meet many interesting people.
  • You don’t have to work in an office.
  • Franchises are available to help you get started.
  • You can charge top dollar for excellent limousine services.
  • You can hire drivers to do the work for you.

The Bad:

  • Start-up costs are high.
  • This is a luxury service that may not be as popular during difficult economic times.

Resources:

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How to Start a Trucking Business

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

How to Start a Trucking Business Business Overview:

If you love the freedom of the open road and want to be your own boss, learning how to start a trucking business could be the answer you’ve been looking for. Trucking is a huge industry and there is always room for another fleet on the road. This is why starting a trucking business is a terrific business idea in any economic environment. However, it takes more than a CDL (commercial driver’s license) to be a successful driver and business owner. You also need some experience and, perhaps more importantly, you need to know all the tips and tricks and behind-the-scenes information from seasoned drivers to be successful and happy on the road. Happiness is the ultimate goal and that can be hard, even if you’re making a good living. Learning how to handle the stresses of the road and knowing how to balance demands of work and family can be the difference between just having a successful business and being a happy and successful business owner. But before you start your own trucking business, you do have to have a CDL and some training. This training can be obtained at various trucking schools; costs vary and range between $2,000 USD (if you are being trained by a trucking company to work for them after training) to upwards of $20,000 USD. You should be able to find a quality education, however, for around $3,000 – $5,000 USD. If you already have your CDL and are trained as a professional truck driver, all you need is some experience and you’ll be ready to start a trucking business of your own. Soon you will be able to add drivers and trucks to your fleet. Ultimately, you may even be able to stay home with your family while concentrating on marketing and managing your trucking business.

A Day in the Life of a Trucking Business Owner:

Your day will vary depending on what type of load you’re carrying and how far you’re going. Typically though, you will start your day by checking your load and mapping your route. You will spend your day driving, enjoying the open road and the beautiful countryside. If you’re picking up or delivering a load, you will coordinate with the warehouse (or other type of facility) to arrange pick-up or drop-off times. Being on time is crucial in this business so you will pay close attention to your mileage for the day to ensure you are on schedule to your destination. If you have a fleet of trucks working for you, you will spend your day communicating with your drivers and your pick-up/delivery sites to ensure loads are picked up and delivered on time.

About Your Customers:

Your customers will be companies who need large products (or a large number of smaller products) transported a long distance.

What You Need to Start:

  • CDL (commercial driver’s license)
  • Training
  • Trucking business plan
  • Truck
  • Fleet (if desired)
  • Laptop computer (to use at truck stops with their Wi-Fi service to check for new shipments you’ll need to transport)

The Good:

  • Owning a trucking business is a wonderful way to be out of an office and on the road.
  • There is a great amount of freedom in the trucking business.
  • Your trucking business can be quite lucrative.
  • If you own your own fleet, you can have them do the driving and you can manage the business from your home most of the time.

The Bad:

  • The hours can be long and the conditions difficult.
  • It can be expensive to get your CDL and trucking education.

Resources:

Start This Business Today:

To start a trucking business today, we recommend you purchase Start Your Own Trucking Company. This e-book will tell you everything you need to know in order to be a success in the trucking industry. You will learn about advertising, employee records and training, how to determine your target market, how to analyze the competition, and how to be a successful trucking business owner. For more information or to purchase this HIGHLY RECOMMENDED book, click here.

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How to Start a Freight Brokerage Business

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

How to Start a Freight Brokerage Business Business Overview:

If you’re tech savvy and you possess strong communication and organizational skills, learn the logistics of how to start a freight brokerage business. The business itself is similar to any brokerage venture whereby you are the go-between for a buyer and a seller, but the unique requirements of an operation like this call for a solid freight brokerage business plan in order to succeed. So here’s what you need to know: As a freight broker you will connect businesses that need goods shipped with trustworthy, authorized carriers. Your job is to play Cupid with the two businesses and ensure that the transaction between them goes smoothly and that both parties are happy with the results. You get paid a commission to be the facilitator for their relationship. Again, if you’ve got good management skills you might be ready to start your own freight brokerage business, but you will definitely need to learn the particulars of the shipping industry. You will also need to gain contacts on both sides of the shipping business—carriers and clients—so you have key people you can count on to make your job easier. The best part of this business idea is that all of the relationship building and logistical organizing can be done from your home office with your computer, telephone, and fax machine.

A Day in the Life of a Freight Brokerage Business Owner:

Your typical day will consist of keeping close contact with your clients to make sure that all of the details are in place for the upcoming ship date. This might require you to place multiple phone calls and/or email to get everything set in stone. You will also want to ensure all parties have signed off on the contract or surety bond you will have put in place outlining the details of the transaction. In the meantime, you will also want to secure future business—this is where your company’s good reputation and word-of-mouth will serve you well. You might also consider advertising your brokerage service if you need additional clients. It’s likely some days will be filled with communication and operational details while others will leave you with plenty of free time to spend as you like.

About Your Customers:

Customers of a freight brokerage business will be companies that have goods to be shipped and cannot or do not want to worry about the shipping details, as well as authorized shippers who can provide the service for a competitive rate.

What You Need to Start:

  • A business license
  • Business insurance
  • A business contract or surety bond
  • Home office equipment
  • Clients

The Good:

  • You can work from your home office.
  • Startup costs can be minimal, especially if you don’t formally advertise.
  • You can broker as many deals as you can handle.
  • Once you have solid carriers in place it becomes quite easy to match them up with the right business.
  • The business can be very lucrative.

The Bad:

  • You might have to work very hard to get your first clients.
  • The business can be stressful, not only in managing your clients’ transactions but also ensuring you’ve taken care of all the details effectively.

Resources:


Start This Business Today:

To start a freight brokerage business today, we recommend you purchase Success Strategies to Build Massive Income as a Freight Broker, a comprehensive e-book that includes manuals, video presentations, and handouts to help you learn the business quickly. For more information or to purchase this HIGHLY RECOMMENDED book, click here.

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What You Need to Know Before You Start Your Medical Transport Business

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

Medical Transport Business Business Overview:

The medical transport business is absolutely immune to the state of the economy, which means you can succeed as an entrepreneur right now. As the elderly population grows, the need for this business idea is rapidly expanding. A non-emergency medical transportation business is also known as an ambulette service. Many people need help with transportation to and from a wide variety of medical services such as doctor’s appointments, nursing facilities, and hospitals. Some of these patients may be in wheelchairs or on stretchers, while others may simply be frail and need a little extra help. You do not need any life-saving training to own this business. You are there to transport people, not to provide any medical care. There’s no need to put a hard sell on your services in the medical transportation business because many facilities will be contacting you. That’s how high the demand for services is in this industry. The satisfaction of owning this business is immense. Not only is it financially rewarding, but you also you will feel great knowing that you are helping people every day.

A day in the life of a medical transport business owner:

You will find your day filled with variety. Part of each day will be spent on the phone scheduling the pickup and delivery times of the patients. Some of this phone contact will be with the patients while other contact will be with the facilities that are serving them. Some days will be spent interviewing and hiring new drivers and then training them according to your specifications. The financial side of this business includes invoicing your customers, receiving their payments, and tracking the financial data.

The Good:

  • This is a highly rewarding business due to how much you are helping people.
  • Part of your payments will come from the Department of Social Services for transporting Medicaid patients.
  • No hard sell is needed because this service is in such high demand.
  • Growth opportunity is immense as the elderly population keeps increasing.
  • Stable business no matter what the economic conditions may be.

The Bad:

  • Juggling of the schedule may be needed on very busy days.
  • Inclement weather in Northern climates may make it difficult to meet scheduled appointment times on those days.

Resources:

Start This Business Today:

To start a medical transportation business today, we recommend you buy How to Build a Million Dollar Medical Transportation Company. It gives you a complete medical transportation business plan and will explain how you can build your business with limited startup. For more information or to purchase this HIGHLY RECOMMENDED book, click here.

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