Taxi limo business plan

The company has been formed as a California corporation with John Smith and David Jones the sole owners.

Taxi limo business plan

The company has been formed as a California corporation with John Smith and David Jones the sole owners.

taxi limo business plan

Airport transportation as well weddings, prom nights, and "nights on the town" are quite competitive and margins have eroded. San Francisco Limo will serve these niches to eliminate downtime of the vehicles as well as building a loyal customer base.

The true niche of the transportation business that San Francisco Limo will concentrate on is private taxi limo business plan student transport, sightseeing trips, and elderly transportation.

These niches have higher margins and are less price sensitive. There are 10 private schools in the area with 3, students. While it is common knowledge that there is a large amount of money flowing through the city to a large degree from the boom of the Internet age, Burlingame is also quite affluent.

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It currently has three sedans. To control costs, the office is home-based and the vehicles are stored in a rented garage.

Office space is a premium in this area so the home-based approach will be maintained as long as it is feasible without compromising custom service. This figure needs to drastically rise in order for San Francisco Limo to grow and remain profitable. This below market revenue average is a function of a small customer base and participation in competitive niches.

Limousine Service Business Plan | Limo Service

Over time both the customer base and penetration in less competitive markets will increase and the revenue per car should grow dramatically.

The Management Team In order for the company to be successful, the business must fully leverage the experience and insight of their management team of John and David. John is an eight year veteran of the transportation industry. - Free Limousine Service Business Plan Strategic Analysis with current research! The Limousine Service, Inc.
Limousine Service Business Plan Read our privacy policy. Executive Summary City Taxi is a San Francisco, CA based company, whose mission is to provide reliable, timely, and safe cab services by using complete, in-car credit and debit card access, along with computer-aided dispatch.
Getting Into Prime Locations The downside is that with such a large customer base, the field is also very competitive. Entrepreneurs need to learn the tricks of the trade to stand a chance of being successful.
Executive Summary If you can manage that, Entrepreneur magazine's website notes that "It is not uncommon for operators to earn six-figure incomes.

For the first three years John was a limo driver. For the next five years he was elevated to manager of a 12 car limo fleet. It was during this five year tenure that John really learned the majority of his industry knowledge and insight. While David is an equally seasoned manager, his background is in logistics for a shipping company.

David has spent nine years at Airborne Express in their logistics department. This experience was instrumental in the development of David's management skills and gave him the necessary confidence to start his own business.

San Francisco Limo will grow at a reasonable pace with both principals working hard doing a little bit of everything.

Profitability will be reached by month six.

How To Create A Taxi Business Plan That Will Work For You | Taxi Business Advice

This will be achieved by: Decreasing the company's reliance on competitive airport transfer type business. Increase penetration of more lucrative market segments close to the home base. While keeping the most profitable part of the CATA contract, find an even more profitable use for that vehicle.

We hope to serve a repeat clientele who demand--and can afford--reliable, secure service from drivers with detailed knowledge of the area. Superior telephone skills, stressing quick recognition of the client, are essential in fostering the all important repeat clientele.

Especially true for limousine companies with small fleets, the most import key to success is finding a repeat clientele willing to hire car and driver for a minimum of two hours. While the airport transfer business is booming and there appears to be enough for everyone, it is important to find segments of the market that complement this business during hours when airport transfers are slow.

It will also be beneficial to find market segments that are brand loyal less price-sensitive which result in longer fares of a less-hectic nature. Get the entire sample plan and everything you need to customize it for your business.

Download Business Plan Pro today! Purchase Business Plan Pro today and get Magazine and free business planning ebooks.May 14,  · How to Start a Taxi Company. In this Article: Is this a good business for the area? Developing your taxi business Assembling your fleet Developing the business location Promoting your taxi company Hiring staff Community Q&A.

If you enjoy driving and working with people, knowing how to start a taxi company might be something you want to do%(). Free Limousine Service Business Plan For Raising Capital from Investors, Banks, or Grant Companies! Please note that the financials in this complete free business plan are completely fictitious and may not match the text of the business plan below.

Are you about starting a taxi cab company? If YES, here is a complete sample taxi cab business plan template & feasibility report you can use for FREE. Running a taxi or limo service means you're in the business of getting people where they want to go.

To get your business where you want it to go, you need a business plan. Start by browsing our sample business plans for taxi, airport taxi, limousine, and shuttle businesses. Free Limousine Service Business Plan For Raising Capital from Investors, Banks, or Grant Companies! The average taxi or limousine company has 9 employees and grosses $, per year in revenue.

While the limousine business’ revenue is predominately driven by business and travel; small companies can indeed very . Business and leisure travel drive revenues in the taxi and limousine market sector. Hoovers, Inc., market research firm, states there are approximately “ 5, companies with .

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