How to Start a Taxi Cab Company

Today, taxi services are in demand and almost every mega-city is crowded with service vehicles regardless of their make and type. People prefer to take a taxi ride as it may save time and effort.

If you want to step up as a professional in this field and legal framework, open a taxi service. These type of companies begin with a detailed business plan. Undoubtedly, it is a long term and profitable business.

However, before you become the owner of such a company, you need to collect the necessary documents and to develop a business plan. There are two ways to open the business. The most appropriate and cost-effective option is a taxi dispatch service.

From a formal point of view, the opening of the taxi service is not particularly difficult. Simply sign up as a sole proprietorship or establish a company.

Taxi business is one of the fastest developing businesses nowadays. Therefore, in every city of different countries there are so many small private companies that specialize in taxi transport.

Instructions

  • 1

    Register your business with local tax authority as an individual entrepreneur after selecting a suitable name for your new company. Register with the tax authorities as a sole proprietor, you will be given a certificate. Based on this document, you will be able to start your own taxi businesses.

  • 2

    Find and rent a place for your office and hire a crew including dispatching service technicians, accountants, etc. Keep in mind, the company ought to have a platform on which you can make minor cars repairs. Next, create your company fleet. It can be your own machine, which will require additional investments plus investment in the garage and washing device to monitor the technical condition of the vehicles.

  • 3

    Select and purchase equipment for the taxi, a beautiful phone number, an automatic telephone exchange, communications, navigation, radio, etc.

  • 4

    Hire welcoming dispatchers and experienced drivers. Try to acquire a convenient business office get more customers, equip machines with modern means of communication and try to advertising in the newspaper.

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