business plan de taxi

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Business plan Taxi : Modèle rédigé gratuit

Dans un monde où la mobilité urbaine et le transport à la demande prennent une place prépondérante, l’industrie des taxis connaît une transformation rapide. Face à cette évolution, la création d’un business plan robuste et bien structuré est essentielle pour le succès et la durabilité d’une entreprise de taxi. Cet article présente le business plan détaillé de (TAXI services), une entreprise ambitieuse dans le secteur des taxis, qui vise à redéfinir les normes de service et d’innovation dans l’industrie.

Nous aborderons les divers aspects clés de ce plan d’affaires, allant de l’analyse de marché minutieuse à la stratégie commerciale méticuleuse, en passant par les plans de communication, de gestion des ressources humaines et les prévisions financières et comptables. Chaque section de cet article est conçue pour fournir une compréhension approfondie de la manière dont (TAXI services) envisage de naviguer dans le paysage complexe et concurrentiel du transport de taxi, tout en mettant en évidence les stratégies innovantes et les pratiques de gestion rigoureuses qui seront la clé de son succès.

Rejoignez-nous dans cette exploration détaillée du business plan de (TAXI services), où nous découvrons comment l’entreprise prévoit de se positionner en tant que leader dans le marché des taxis, en offrant des services exceptionnels, en adoptant les dernières technologies et en mettant l’accent sur la satisfaction et la sécurité des clients.

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Business plan TAXI : résumé opérationnel

Le business plan pour (TAXI services) est un document crucial qui présente notre vision, nos objectifs stratégiques et la feuille de route pour réussir dans le secteur concurrentiel des services de taxi. Ce résumé opérationnel offre une vue d’ensemble concise mais complète de notre plan d’affaires, mettant en évidence les aspects clés de notre modèle opérationnel, nos stratégies de marché, nos projections financières et les opportunités de croissance.

Introduction à (TAXI services)

(TAXI services) s’engage à fournir un service de taxi de haute qualité, fiable et abordable. Notre entreprise vise à combler le fossé entre la demande croissante de services de transport efficaces et l’offre actuelle sur le marché. Grâce à une combinaison d’innovations technologiques et d’un service clientèle exceptionnel, nous prévoyons de nous établir rapidement comme un acteur clé dans l’industrie locale des taxis.

Objectifs du business plan

L’objectif principal de ce business plan est de définir clairement notre stratégie pour atteindre une croissance durable et rentable. Cela comprend l’expansion de notre base de clients, l’optimisation de nos opérations, l’exploration de nouvelles avenues de revenus et le maintien d’un haut niveau de satisfaction client. Ce plan sert également de guide pour attirer des investisseurs potentiels et des partenaires commerciaux.

Stratégie de marché

Notre stratégie de marché est centrée sur l’identification et la satisfaction des besoins non comblés dans le secteur des taxis. Nous prévoyons d’investir dans des technologies avancées pour améliorer l’expérience utilisateur, telles qu’une application mobile intuitive pour la réservation facile de taxis. En outre, une attention particulière sera portée au marketing digital pour augmenter la visibilité de notre marque et attirer une clientèle plus large.

Projections financières

Nous avons élaboré des projections financières détaillées pour les cinq prochaines années. Ces projections prennent en compte les investissements initiaux, les coûts opérationnels, les revenus attendus et les marges bénéficiaires potentielles. Nous sommes confiants dans notre capacité à atteindre le seuil de rentabilité dans les deux premières années d’opération, avec une croissance soutenue par la suite.

Opportunités de croissance et de développement

Le secteur des services de taxi offre de nombreuses opportunités de croissance, notamment grâce à l’expansion géographique, l’ajout de services complémentaires, et l’adoption de pratiques durables. (TAXI services) envisage de capitaliser sur ces opportunités pour se développer et rester compétitif dans un marché en constante évolution.

Business plan TAXI : étude de marché

L’analyse de marché pour (TAXI services) est une composante essentielle de notre business plan. Elle nous permet de comprendre en profondeur le marché des taxis, y compris les tendances actuelles, les besoins des clients, les concurrents, et les opportunités potentielles. Cette analyse aide à façonner nos stratégies commerciales et à prendre des décisions éclairées pour positionner (TAXI services) de manière optimale sur le marché.

Vue d’ensemble du marché des services de taxi

Le marché des services de taxi a connu des changements significatifs ces dernières années, principalement en raison de l’émergence de technologies numériques et de la demande croissante pour des options de transport plus flexibles et personnalisées. Nous examinons les tendances actuelles du marché, telles que l’augmentation de l’utilisation des applications mobiles pour la réservation de taxis et l’intérêt croissant pour des options de transport plus écologiques.

Identification des besoins des clients

Comprendre les besoins et les préférences de nos clients est crucial pour le succès de (TAXI services). Nos recherches indiquent que les clients valorisent principalement la fiabilité, la commodité, la sécurité et l’accessibilité des services de taxi. En réponse, nous proposons de mettre en place des mesures qui répondent à ces attentes, telles que des véhicules bien entretenus, une disponibilité 24/7, et un système de réservation et de paiement facile.

Analyse des concurrents

L’analyse des concurrents est une étape importante pour comprendre le positionnement de (TAXI services) sur le marché. Nous étudions les offres, les tarifs, les stratégies de marketing, et les points forts et faibles de nos concurrents directs et indirects. Cette analyse nous aidera à identifier des opportunités de se différencier et à élaborer des stratégies compétitives.

Opportunités et défis du marché

Nous identifions plusieurs opportunités sur le marché des services de taxi, telles que l’exploitation de créneaux de marché sous-desservis et l’innovation en matière de services. Cependant, nous reconnaissons aussi des défis, comme la réglementation fluctuante du secteur et la concurrence intense. Notre plan inclut des stratégies pour capitaliser sur ces opportunités tout en atténuant les risques associés aux défis du marché.

Stratégies pour saisir les opportunités de marché

Pour tirer parti des opportunités identifiées, (TAXI services) envisage d’adopter des stratégies telles que l’introduction de services spécialisés (par exemple, des taxis adaptés aux personnes à mobilité réduite), des partenariats stratégiques, et des campagnes de marketing ciblées. Nous nous concentrons également sur l’innovation continue pour rester à l’avant-garde du marché des services de taxi.

Business plan TAXI : stratégie commerciale

La stratégie commerciale de (TAXI services) est conçue pour assurer une croissance durable et rentable dans le secteur des services de taxi. Cette section détaille les approches et les initiatives que nous prévoyons d’adopter pour attirer et fidéliser les clients, optimiser nos opérations et maximiser nos revenus.

Développement de l’offre de services

Une part importante de notre stratégie commerciale consiste à développer et diversifier notre offre de services. Cela inclut l’introduction de nouveaux types de services de taxi, comme des options de transport de luxe ou des véhicules adaptés à des besoins spécifiques. Nous envisageons également d’étendre notre couverture géographique pour atteindre de nouveaux marchés.

Stratégies de tarification et de revenus

La fixation des tarifs joue un rôle clé dans la compétitivité de (TAXI services). Nous adopterons une stratégie de tarification flexible, adaptée aux divers segments de clientèle et aux conditions du marché. En outre, nous explorerons des modèles de revenus supplémentaires, tels que la publicité dans les véhicules et les partenariats avec des entreprises locales.

Marketing et promotion

Une stratégie de marketing efficace est essentielle pour accroître la notoriété de la marque (TAXI services) et attirer de nouveaux clients. Nous prévoyons d’utiliser une combinaison de marketing digital, y compris les médias sociaux et le référencement en ligne, ainsi que des campagnes publicitaires traditionnelles. Les promotions spéciales et les offres saisonnières seront également utilisées pour stimuler la demande.

Technologies et innovations

L’intégration des dernières technologies est cruciale pour améliorer l’efficacité de nos opérations et l’expérience client. Cela inclut l’investissement dans des systèmes de réservation et de paiement en ligne avancés, l’utilisation de logiciels pour la gestion de la flotte et l’exploration de solutions de transport innovantes, comme les véhicules électriques.

Gestion de la relation client

La satisfaction et la fidélisation des clients sont au cœur de notre stratégie commerciale. Nous mettrons en place des systèmes pour recueillir les retours d’expérience des clients et les utiliser pour améliorer continuellement nos services. Des programmes de fidélité et des services personnalisés seront également développés pour renforcer la relation avec notre clientèle.

Business plan TAXI : stratégie de communication

Une stratégie de communication efficace est essentielle pour le succès de (TAXI services). Cette section détaille notre approche pour communiquer efficacement avec nos clients, partenaires et autres parties prenantes. Nous visons à établir une marque forte et fiable, renforcer notre présence sur le marché et maintenir une image positive de l’entreprise.

Branding et Identité de Marque

La construction d’une identité de marque forte est au cœur de notre stratégie de communication. (TAXI services) se concentrera sur le développement d’une image de marque cohérente et reconnaissable à travers tous les points de contact avec les clients. Cela inclut la conception de notre logo, la livrée des véhicules, les uniformes des chauffeurs, et le ton de notre communication marketing.

Stratégies de Médias Sociaux

Les médias sociaux sont un outil puissant pour interagir avec notre clientèle et élargir notre portée. Nous utiliserons les plateformes de médias sociaux pour partager des mises à jour, des promotions, des histoires de réussite, et pour engager la conversation avec nos clients. Une attention particulière sera portée à la création de contenu attrayant et pertinent pour notre public cible.

Relations Publiques et Gestion de la Réputation

La gestion proactive des relations publiques et de la réputation est cruciale pour (TAXI services). Nous planifions des campagnes de relations publiques pour mettre en valeur nos services, nos initiatives de développement durable et nos contributions à la communauté. La surveillance et la gestion des retours clients, en ligne et hors ligne, seront également une priorité pour maintenir une réputation positive.

Communication Interne

Une communication interne efficace est essentielle pour assurer que tous les membres de l’équipe (TAXI services) sont informés et alignés sur les objectifs de l’entreprise. Nous mettrons en place des canaux de communication internes, comme des newsletters et des réunions régulières, pour maintenir le personnel informé et engagé.

Marketing Direct et Promotion

Le marketing direct joue un rôle important dans notre stratégie de communication. Cela inclut l’envoi d’emails personnalisés, de messages textes et de brochures pour informer les clients des nouvelles offres, des réductions et des services spéciaux. Les promotions ciblées et les campagnes de fidélité seront également utilisées pour encourager la récurrence des clients.

Business plan TAXI : ressources humaines

La gestion des ressources humaines est un aspect crucial du business plan de (TAXI services). Cette section explore comment nous comptons recruter, former et gérer notre personnel pour assurer un service client de haute qualité et un fonctionnement efficace de l’entreprise.

Recrutement et Sélection

Le processus de recrutement et de sélection chez (TAXI services) est conçu pour attirer et embaucher les meilleurs talents disponibles. Nous mettrons l’accent sur le recrutement de chauffeurs professionnels, courtois et expérimentés, ainsi que sur des membres d’équipe administratifs et de support compétents. Nos critères de sélection seront rigoureux, incluant des vérifications de l’historique de conduite, des références et des évaluations de compétences.

Formation et Développement

La formation continue est essentielle pour maintenir des normes élevées de service client et de sécurité. (TAXI services) investira dans des programmes de formation pour ses chauffeurs et son personnel, couvrant des sujets tels que la sécurité routière, le service client, et l’utilisation des technologies de l’entreprise. Des opportunités de développement professionnel seront également offertes pour encourager la croissance et la fidélisation des employés.

Gestion des Performances

La gestion des performances est un élément clé pour assurer l’efficacité et la productivité de notre équipe. (TAXI services) mettra en place des systèmes pour évaluer régulièrement les performances des employés, basés sur des indicateurs tels que la satisfaction client, la ponctualité et la sécurité. Des retours constructifs et des opportunités d’amélioration seront fournis de manière continue.

Politiques de Ressources Humaines

Nous élaborerons des politiques de ressources humaines claires pour encadrer les relations de travail au sein de (TAXI services). Cela comprendra des directives sur la conduite professionnelle, la diversité et l’inclusion, les avantages sociaux, et les procédures disciplinaires. Notre objectif est de créer un environnement de travail respectueux, équitable et motivant pour tous les employés.

Bien-être et Satisfaction des Employés

Le bien-être de nos employés est une priorité pour (TAXI services). Nous mettrons en œuvre des initiatives pour soutenir le bien-être et la satisfaction au travail, comme des horaires flexibles, des programmes de santé et de bien-être, et des événements d’équipe. Reconnaître et récompenser les performances exceptionnelles sera également une pratique courante pour valoriser les contributions de chaque membre de l’équipe.

Business plan TAXI : prévisionnel financier et comptable

La planification financière et comptable est un pilier fondamental du business plan de (TAXI services). Cette section décrit nos prévisions financières, les budgets, les sources de revenus, et les stratégies de gestion financière pour assurer la viabilité et la croissance de l’entreprise.

Projections Financières

Nous avons élaboré des projections financières détaillées pour les cinq prochaines années. Ces prévisions incluent les revenus attendus, les coûts opérationnels, les investissements nécessaires, et les bénéfices escomptés. Elles prennent en compte divers scénarios, y compris les prévisions optimistes, réalistes et pessimistes, afin de préparer l’entreprise à différentes éventualités du marché.

Budget et Gestion des Coûts

Une gestion rigoureuse du budget est essentielle pour la santé financière de (TAXI services). Nous mettrons en place un système de suivi budgétaire strict pour contrôler les coûts et maximiser l’efficacité des dépenses. Cela comprend la gestion des coûts d’exploitation, les investissements en capital et les coûts variables associés à la prestation de nos services.

Stratégies de Financement

Pour financer nos opérations et notre expansion, (TAXI services) explorera diverses options de financement. Cela inclut la recherche d’investisseurs, l’accès à des prêts bancaires, et la possibilité de subventions gouvernementales ou sectorielles. Une évaluation rigoureuse des options de financement nous permettra de choisir les solutions les plus avantageuses pour l’entreprise.

Gestion Comptable et Rapports

Une gestion comptable précise et des rapports réguliers sont cruciaux pour le suivi de la performance de l’entreprise. (TAXI services) s’engage à maintenir une comptabilité transparente et à jour, avec des rapports périodiques sur les états financiers, les flux de trésorerie et les analyses de rentabilité. Cela aidera à prendre des décisions éclairées et à répondre aux exigences des parties prenantes.

Plan de Gestion des Risques Financiers

Identifier et gérer les risques financiers est une partie intégrante de notre planification. Nous développerons un plan de gestion des risques financiers, qui comprendra des stratégies pour atténuer les impacts potentiels de fluctuations du marché, de changements réglementaires, et d’autres incertitudes économiques. Ce plan permettra à (TAXI services) de rester résilient et adaptable face aux défis financiers.

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Taxi Business Plan Sample

Published Mar.14, 2017

Updated Apr.24, 2024

By: Jakub Babkins

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Table of Content

Taxi business plan for starting your own business 

Are you looking for how to start taxi service ? If yes, then this taxi service business plan is all you need. The taxi service business can be a great choice if you have a good budget for buying and maintaining vehicles. Starting a taxi services business doesn’t require you to be an expert in the transportation field. The business can be started with just a few cars and drivers. Moreover, it can easily be expanded whenever you want. 

To start a business, it is important to follow a certain procedure. You need to draft a  transport business plan   for your taxi service business as the first step. For that, you can look at associated plans such as  tipper truck company business plan . If you also want to launch a mobile app to let your customers book a taxi online, you should also analyze  mobile apps business plan .

Executive Summary

2.1 about the business.

Grab A Cab will be a taxi service business owned by Benjamin Williams. The business will be based in San Francisco. The main aim of this taxi service business will be to provide trustworthy, well-timed, and safe cabs whenever and wherever someone needs them. Grab A Cab taxi service will provide cab services while integrating the operations with technology to facilitate individuals even more.

2.2 Management of Taxi business

After you have learned how to start a taxi service, it is important to figure out how to manage the taxi business operations successfully. There is no better way to plan out every aspect of your taxi service than developing a  business plan for taxi service pdf . To know how what your business plan should include, you can read the strategic plan provided here. In this taxi business plan example, we will guide you about all the components of a strong business plan so that you can develop your call taxi business plan.

It is better to hire business planning services to get a professional business plan for your startup. However, if you have the business knowledge and you want to create the business plan on your own, you can do so after doing adequate research. In that case, it is recommended to also go through a logistics company business plan .

2.3 Customers of Taxi business

Through our market survey and feasibility studies, we identified those customers that are most likely to benefit from our services. The recurring customers of the taxi service business will be:

• Schools 
• Event planners
• Retirement and care homes
• Hotel and airport transfers

2.4 Business Target

The main goal of our taxi service business is to become the most-liked transportation company in the San Francisco Metro Area within three years. We aim at doing so by continuously evaluating, monitoring, and following up on customer call-ins.

Company Summary

3.1 grab a cab owner.

Benjamin Williams will be the owner of Grab A Cab taxi service business. Williams completed his MBA two years ago. After that, he pursued a position as a manager in a noteworthy company. He was quite fascinated by the cab service in his state. After a few months, he left the post to fulfill his lifelong passion of starting his own taxi service business.  

3.2 Why Grab A Cab is being started

Benjamin Williams noticed that the other cab services businesses around him used traditional and outdated methods to serve their customers. He decided to use the latest technological features to bring innovation to the business domain.

3.3 How Grab A Cab business will be started

Step1: Plan Everything

Good planning is crucial when you are going to start a business. To ensure that you plan well for your startup, you should explore how to open a taxi company in the United States.

A business plan for taxi service can best aid in planning and managing a business. To write your taxi driver business plan, you can take help from this sample taxi business plan. You can also go through other examples like truck driving business plan to get an idea of what to include when planning for a startup.

Step2: Develop a Brand

The next step in starting up a taxi companyis to highlight your business and its unique offerings. This can be achieved by creating a brand around your business idea. This will include everything from your principles to your competitive advantages.

Step3: Establish Your Office 

The next important step is to establish your business. For this purpose, Benjamin Williams decided to buy a large parking space in the main San Francisco commercial area. He made sure that the place was spacious enough to park all his cabs. Moreover, he also got a workshop constructed inside that place to maintain and repair the cabs. In this way, he reduced the expense of sending damaged cabs to other workshops. 

Step4: Establish a Web Presence

Since we are living in the Information Age, it is necessary to establish a web presence to get known. Therefore, Williams decided to develop a website for the business and establish social media presence for marketing to attract a wider audience. 

Step5: Promote and Market

The last step is developing and executing an effective marketing plan to promote your services.

Services of taxi business 

Before setting up a taxi business, you need to decide on your business’s services. You may have a taxi business plan tempelate, but it might not have everything you need for your sample plan. 

You can follow this guide on how to open a taxi service to figure out what the market for the business looks like and what services are ideal to be included in your startup. 

The cost factor is necessary to keep in mind while considering your services, so you can develop a taxi service business plan startup costs pdf to keep an estimate. Since Williams started with various services, this format can be used to develop even a uber taxi business plan or an airport taxi business plan.

• Door-to-Door Taxi Service 

We will provide door-to-door taxi service to our customers as it is more convenient to use. Our capable drivers will pick up customers from their homes and drop them off directly at their destinations. Our customers will be able to book a cab through our mobile app or website.

• Wheelchair Accessible Cabs

Our specialized service will provide wheelchair user passengers with a ramp or a passenger lift to assist them with getting into the vehicle. This approach is used as it is far easier than transferring from a wheelchair to a car seat and dismantling the wheelchair for the journey. 

• Seniors on the Go

We’ll also provide our professional, skilled, and highly patient cab drivers to assist seniors with their chores. Our company will provide senior citizens taxicab coupon booklets to maximize senior citizens’ benefits. We will aim to provide maximum customer satisfaction. 

• Hourly Service

We will offer our clients affordable discounts that pay off in the long run with our hourly packages.

Marketing Analysis of Taxi business

Excellent work.

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When starting a taxi service business, you should have an excellent understanding of your target market. You can gain this understanding by doing an extensive market analysis as a part of your taxi business plan sample. 

Your business plan for a taxi business should also analyze the price of similar services in the market. This data should be used to forecast the prices you will set for starting your own taxi business. 

If you don’t know how to open a taxi company, you can take help of this taxi cab business plan. A complete market analysis is necessary for running a taxi business. 

If you want to learn how to setup your own taxi business, then this business plan taxi service will be of great use. 

5.1 Market Trends

Taxi operations provide over 60 billion dollars a year to the general US economy. The industry employs 2,026,478 people. The growth rate of this industry has remained in step with the general growth of the country’s GDP. Management feels that by maintaining a local client base, the company can continue to generate revenues despite the current deleterious economic conditions in the United States.

5.2 Marketing Segmentation

The potential customers of Grab A Cab are divided into the following groups:

Business plan for investors

5.2.1 schools  .

Our primary customers will be the school students. They are expected to avail of our regular services to go to school, travel to sports matches or class trips. 

5.2.2 Event Planners

Our second target customer will be event planners. They need to organize events, and for this purpose, they have to travel to different places. They will utilize our cab service to get maximum comfort. Our cabs will pick them up from their pickup location and drop them at their destination. 

5.2.3 Retirement and Care Homes

This will be our third target group of customers. Our taxi company will provide services to people in retirement and care homes since they may no longer be confident to drive. Our wheelchair-assessable cabs are specially designed for these customers. 

5.2.4 Hotel and Airport Transfers

Lastly, our potential customers include families and individuals on holiday and business travels. These groups don’t typically mind paying a bit more for a solution that takes care of transportation in an all-in-one way. Therefore, we expect to earn a handsome amount from them.

5.3 Business Target

• To become the number one taxi service throughout San Francisco and adjoining areas. 
• The main target of our taxi service business is to pursue an aggressive marketing campaign and penetrate at least 75% of the market share.
• To earn a net profit margin of $50.5k per month by the end of the third year.

5.4 Product Pricing

Our business plan for transportation service ensures that our prices will be economical compared to our competitors. The prices are set at a minimum to get introduced to a wider audience from the very beginning.

Marketing Strategy of Taxi business

To open taxi business, you must develop the best business plan for a taxi business. In addition, before starting up a taxi company, you also need to develop a strong marketing strategy to attract more customers.

In this taxi cab company business plan, we’re providing the sales strategy of Grab A Cab. You can learn a lot from here if you aspire to make a city taxi business plan.

6.1 Competitive Analysis

• We have quick customer care services. We respond to customer queries efficiently and respect their feedback to improve our services.
• We have excellent customer support staff that guides our customers in choosing the best traveling package according to their budget. 
• Through our 24/7 online presence, customers can inquire about our services. 
• We will also implement ideas from roadside assistance business plan to prevent any inconvenience to our customers. 

6.2 Sales Strategy

• We’ll advertise our services through social media platforms like Facebook and Instagram.
• We’ll give a free ride to our first 50 customers
• We’ll offer a 25% discount to school and college students.

6.3 Sales Monthly

6.4 sales yearly, 6.5 sales forecast, personnel plan of taxi business.

There are a lot of taxi services in the world. But only those are popular that make customers happy and satisfied. This taxi service business plan sample has all the details regarding the startup of the taxi service business. 

Understanding the importance of good staff, William included some essential features as a part of employee hiring criteria in the taxi cab advertising business plans. He also formed a list of employees necessary for running his business. This list can be seen in this taxi business plan pdf.

7.1 Company Staff

• 1 Operations Manager
• 1 Customer Support Officer
• 1 Marketing Officer
• 10 Drivers 
• 2 Mechanics
• 1 Web Developer to manage online sites

7.2 Average Salary of Employees

Financial plan of taxi business.

It is essential to manage your operations timely to earn profits. A detailed financial analysis is necessary to ensure that your business is not getting into a loss. To ensure that you make a detailed financial plan, you should include all the components that we have mentioned in this taxi business sample plan pdf.

The  taxi service business plan startup costs are also important for your financial plan. Moreover, in your financial plan, you must identify when and how you’ll cover your investment amount with the earned profits. This approach would also help to analyze your yearly expenses to determine the possibilities of reducing them.

Here we’re providing the detailed financial plan made for Grab A Cab so that you can get an idea of the business finances.

8.1 Important Assumptions

8.2 Break-even Analysis

8.3 Projected Profit and Loss

8.3.1 profit monthly, 8.3.2 profit yearly, 8.3.3 gross margin monthly, 8.3.4 gross margin yearly, 8.4 projected cash flow,   8.5 projected balance sheet, 8.6 business ratios.

• How do I start a taxi business?

To start a taxi business, you need to develop a good sample business plan for taxi service. The above business plan taxi company will detail how to do that.

• How does the taxi business work?

The taxi business works by purchasing some taxis, procuring a large parking area, and hiring staff to run and manage services. In this taxi top advertising business plan we have explained all these three aspects in detail. If you want to set up this business, you can take help from this taxi service business plan. 

• How would you describe a taxi service?

The taxi service provides transportation facilities to people without facing public transport problems. Business plan taxi provides details for setting up taxi business.

Download Taxi Business Plan Sample in pdf

OGSCapital’s team has assisted thousands of entrepreneurs with top-rate business plan development, consultancy and analysis. They’ve helped thousands of SME owners secure more than $1.5 billion in funding, and they can do the same for you.

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Taxi Business Plan Template

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Guide complet pour élaborer un business plan de taxi efficace et professionnel

Introduction au business plan de taxi

Le business plan de taxi est un document essentiel pour tout entrepreneur souhaitant lancer ou développer une entreprise de taxi. Ce plan détaillé présente la vision de l'entreprise, les objectifs à court et long terme, ainsi que les stratégies marketing et opérationnelles pour assurer le succès de l'entreprise. Il joue un rôle crucial dans la planification financière, la recherche de financement et la prise de décisions stratégiques. En utilisant Angel, vous pouvez créer facilement un business plan de taxi personnalisé, complet et professionnel, prêt à être présenté aux investisseurs, aux prêteurs et aux partenaires potentiels.

Pourquoi un business plan est essentiel pour une entreprise de taxi

Un business plan est essentiel pour une entreprise de taxi car il fournit une feuille de route claire pour le succès. Il permet de définir les objectifs de l'entreprise, d'analyser le marché des services de taxi, de comprendre la concurrence et de planifier les opérations. De plus, un business plan bien élaboré permet de prévoir les besoins financiers, de déterminer les sources de revenus et de projeter les résultats financiers futurs. Cela aide également à évaluer la viabilité de l'entreprise, à identifier les opportunités de croissance et à minimiser les risques potentiels. En résumé, un business plan est un outil essentiel pour guider et soutenir le développement d'une entreprise de taxi, en offrant une vision claire et structurée de sa stratégie et de ses objectifs.

Étude de marché pour les services de taxi

Une étude de marché approfondie est essentielle pour élaborer un business plan solide pour les services de taxi. Cette analyse doit explorer en profondeur le marché cible en se concentrant sur divers aspects clés. Il est crucial de commencer par une compréhension détaillée des données démographiques des clients potentiels, y compris leur âge, leur situation géographique, leurs habitudes de déplacement et leurs préférences de service de taxi. Ces informations permettent de mieux cerner les attentes et les besoins spécifiques des clients potentiels.

Outre les données démographiques, il est essentiel d'examiner les tendances actuelles et émergentes dans l'industrie des services de taxi. Cela inclut non seulement les préférences de transport, comme l'utilisation de véhicules électriques ou de services de covoiturage, mais aussi les changements dans les comportements des consommateurs, comme l'augmentation de la demande pour des options de réservation en ligne ou des services de taxi partagé. La popularité des technologies numériques dans les services de taxi, telles que les applications de réservation de taxi ou les systèmes de paiement sans contact, doit également être considérée.

Une partie cruciale de l'étude de marché est l'analyse concurrentielle. Examiner les offres et les stratégies des autres services de taxi dans la région est indispensable pour identifier les lacunes du marché. En étudiant les points forts et faibles des concurrents, vous pouvez déterminer des opportunités uniques pour votre entreprise. Par exemple, si la plupart des concurrents se concentrent sur des trajets longue distance, il pourrait y avoir une niche pour des services de taxi urbains ou des options de transport spécifiques pour les touristes.

Enfin, l'intégration d'une analyse SWOT (Strengths, Weaknesses, Opportunities, Threats) dans votre étude de marché est essentielle. Cette analyse doit être spécifique à votre entreprise de services de taxi et couvrir des aspects tels que la qualité de vos services, vos partenariats avec des hôtels ou des entreprises locales, votre flotte de véhicules, ainsi que les défis potentiels comme les fluctuations saisonnières de la demande ou les nouvelles réglementations. L'analyse SWOT vous aidera à construire des stratégies robustes pour capitaliser sur vos forces, atténuer vos faiblesses, exploiter les opportunités de marché et anticiper les menaces potentielles.

Stratégie de tarification et modèle économique

La stratégie de tarification et le modèle économique sont des éléments cruciaux du business plan pour les services de taxi. La tarification doit être soigneusement étudiée pour garantir à la fois la rentabilité de l'entreprise et la compétitivité sur le marché. Cela peut inclure des tarifs fixes pour les trajets spécifiques, des tarifs horaires pour les services de transport de longue durée, ou des tarifs variables en fonction de la distance parcourue. Il est important d'analyser les modèles de tarification des concurrents pour établir une stratégie qui offre une valeur ajoutée tout en restant attrayante pour les clients.

En ce qui concerne le modèle économique, il est crucial de détailler les sources de revenus prévues pour l'entreprise de taxi. Cela peut inclure les revenus provenant des courses, les partenariats avec des hôtels ou des compagnies aériennes pour des services de navette, ou même des opportunités de publicité sur les véhicules. Il est également important de projeter les coûts associés à l'exploitation de l'entreprise, tels que les coûts de carburant, l'entretien des véhicules, les assurances et les frais de licence. En établissant un modèle économique solide, vous pourrez mieux évaluer la viabilité financière de votre entreprise de taxi et élaborer des stratégies pour maximiser les revenus tout en minimisant les coûts.

Gestion des opérations et plan de marketing pour une entreprise de taxi

La gestion des opérations et le plan de marketing sont des éléments essentiels pour assurer le bon fonctionnement et la croissance d'une entreprise de taxi. La gestion des opérations comprend la planification des horaires des chauffeurs, la maintenance des véhicules, la gestion des réservations, et la satisfaction des clients. Il est important d'avoir des processus efficaces en place pour assurer un service fiable et de qualité.

En ce qui concerne le plan de marketing, il est crucial de définir les stratégies pour attirer de nouveaux clients et fidéliser ceux existants. Cela peut inclure des campagnes de publicité ciblées, des partenariats avec des entreprises locales, des offres spéciales pour les clients réguliers, et une présence forte sur les plateformes de réservation en ligne. La stratégie marketing doit également prendre en compte la réputation de l'entreprise, en mettant l'accent sur le service client, la sécurité et la fiabilité.

En intégrant des outils de gestion des opérations et un plan de marketing solide, une entreprise de taxi peut améliorer son efficacité opérationnelle tout en augmentant sa visibilité sur le marché, ce qui est essentiel pour assurer la croissance et la rentabilité à long terme.

Prévisions financières pour une entreprise de taxi

Élaborer des prévisions financières précises est crucial pour le succès d'une entreprise de taxi. Cette section doit couvrir plusieurs éléments financiers clés pour fournir une image complète de la santé financière prévue de l'entreprise.

• Coûts de démarrage : Détaillez tous les coûts initiaux nécessaires pour lancer votre entreprise de taxi. Cela peut inclure l'achat de véhicules, les coûts de marketing, les frais de licence, et les dépenses liées à la création de votre site web ou à l'établissement de votre bureau.
• Coûts opérationnels : Fournissez une analyse des coûts réguliers que vous prévoyez d'engager. Ces coûts peuvent inclure l'entretien des véhicules, les salaires des chauffeurs, les frais de publicité, et les coûts liés à la réservation en ligne.
• Revenus attendus : Projetez vos revenus en fonction de différents scénarios, comme le nombre de courses par jour, les tarifs horaires, et les revenus supplémentaires provenant de services de navette ou de partenariats avec des entreprises locales.
• Marges bénéficiaires : Calculez vos marges bénéficiaires en tenant compte des coûts directs et indirects. Cette analyse aidera à déterminer les tarifs de vos services pour garantir la rentabilité.

En outre, l'utilisation d'outils en ligne comme Angel peut grandement faciliter la création de ces prévisions. Ces outils offrent souvent des fonctionnalités telles que :

• Modèles financiers : Utilisation de modèles préconçus qui peuvent être personnalisés en fonction de votre business plan spécifique.
• Tableaux de bord interactifs : Pour une visualisation claire et compréhensible de vos données financières.
• Conseils d'experts-comptables : Permettant d'assurer l'exactitude et la pertinence de vos prévisions financières.

En intégrant des prévisions financières détaillées et des outils de gestion en ligne, une entreprise de taxi peut mieux planifier ses activités, évaluer sa rentabilité et prendre des décisions éclairées pour assurer sa croissance et son succès à long terme.

Téléchargement du business plan de taxi en PDF et Excel

L'accessibilité et la flexibilité sont des aspects clés d'un business plan efficace pour une entreprise de taxi. Une fois votre plan finalisé, vous avez la possibilité de le télécharger en formats PDF et Excel avec Angel. Le format PDF est idéal pour une présentation professionnelle à des investisseurs, des prêteurs et des partenaires potentiels. Il offre un aperçu clair et concis de votre plan, parfait pour les réunions et les propositions. D'autre part, le format Excel est extrêmement utile pour une gestion dynamique de votre plan. Il vous permet de faire des ajustements en temps réel, tels que la modification des prévisions financières, la mise à jour des coûts ou l'ajout de nouvelles stratégies de marché, ce qui est essentiel à mesure que votre entreprise évolue.

Outils pour lancer votre entreprise de taxi

Le lancement d'une entreprise de taxi nécessite une planification et une organisation méticuleuses. Angel vous accompagne au-delà de la simple création d'un business plan. Notre outil vous offre la possibilité de construire une liste de tâches détaillée, d'établir des échéances et de suivre vos progrès. Cela inclut l'aide à la définition d'objectifs à court et long terme, le développement de stratégies de marketing ciblées, et la mise en place d'une structure financière solide. De plus, Angel propose des conseils et des ressources pour naviguer dans les aspects juridiques et administratifs du lancement d'entreprise, assurant ainsi que vous êtes bien préparé pour chaque étape du processus.

À vos marques, prêts, planifiez !

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Business Plan Template for Taxi Drivers

• Great for beginners
• Ready-to-use, fully customizable Subcategory
• Get started in seconds

Starting or running your own taxi business can be both exciting and challenging. To ensure success, you need a solid plan that outlines your goals, strategies, and financial projections. That's where ClickUp's Business Plan Template for Taxi Drivers comes in!

This comprehensive template is specifically designed for taxi drivers, helping you:

• Clearly define your business objectives and strategies
• Create accurate financial projections to secure funding and attract investors
• Effectively manage your operations, from marketing to fleet management

Whether you're just starting out or looking to grow your taxi business, this template will guide you every step of the way. Get started on ClickUp today and take your taxi business to new heights!

Business Plan Template for Taxi Drivers Benefits

A business plan template for taxi drivers can provide numerous benefits to help them succeed in their business endeavors. Some of the key benefits include:

• A clear roadmap: The template helps taxi drivers outline their goals, strategies, and action plans, providing a clear roadmap for success.
• Financial projections: By using the template, taxi drivers can create detailed financial projections, including revenue forecasts, expenses, and profit margins, which are essential for securing funding and attracting investors.
• Effective operations management: The template helps taxi drivers identify and plan for key operational aspects such as fleet management, marketing strategies, customer acquisition, and service expansion.
• Risk assessment and mitigation: Taxi drivers can assess potential risks and challenges in advance, allowing them to develop contingency plans and strategies to mitigate these risks.
• Professional presentation: Utilizing a business plan template ensures that taxi drivers present their business ideas and strategies in a professional and organized manner, increasing their chances of securing funding and attracting investors.

Main Elements of Taxi Drivers Business Plan Template

ClickUp's Business Plan Template for Taxi Drivers provides all the essential tools to help you create a comprehensive and professional business plan for your taxi business:

• Custom Statuses: Track the progress of different sections of your business plan with statuses like Complete, In Progress, Needs Revision, and To Do, ensuring that you stay organized and know exactly where each section stands.
• Custom Fields: Utilize custom fields like Reference, Approved, and Section to add important details and information to your business plan, making it easy to keep track of references, approvals, and different sections within your plan.
• Custom Views: Access different views such as Topics, Status, Timeline, Business Plan, and Getting Started Guide to gain a comprehensive overview of your business plan, track its status, visualize its timeline, and refer to a step-by-step guide to help you get started.

How To Use Business Plan Template for Taxi Drivers

If you're a taxi driver looking to create a solid business plan, the Business Plan Template for Taxi Drivers in ClickUp can help you get started. Follow these six steps to make sure your business plan sets you up for success:

1. Define your target market

Identify the specific group of people you want to serve as a taxi driver. Consider factors such as location, demographics, and transportation needs. Understanding your target market will help you tailor your services and marketing efforts to attract the right customers.

Use the custom fields feature in ClickUp to create fields for target market demographics, location, and preferences.

2. Analyze the competition

Research and analyze other taxi services in your area to understand their strengths, weaknesses, and pricing strategies. This will help you identify opportunities to differentiate yourself and carve out a niche in the market.

Create tasks in ClickUp to list your competitors and track their key information, such as pricing, services offered, and customer reviews.

3. Determine your pricing strategy

Decide on a pricing structure that balances profitability with competitive rates. Consider factors such as distance, time, additional services, and any peak or off-peak pricing. Your pricing strategy should align with your target market's expectations and the value you provide.

Use the custom fields feature in ClickUp to track different pricing options and compare them against industry standards.

4. Develop a marketing plan

Outline your marketing strategies and tactics to attract and retain customers. Consider online and offline channels, such as social media, local advertising, partnerships, and referrals. Your marketing plan should be tailored to reach your target market effectively.

Create tasks in ClickUp to list your marketing activities, assign responsible team members, and set deadlines for implementation.

5. Set financial goals and projections

Define your financial goals and create projections for revenue, expenses, and profit margins. Consider factors such as fuel costs, maintenance expenses, licensing fees, and insurance. Having clear financial goals and projections will help you track the financial health of your taxi business.

Use the Goals feature in ClickUp to set financial targets and track your progress towards achieving them.

6. Review and update regularly

Regularly review and update your business plan as your taxi business evolves. Take into account changes in the market, industry trends, and customer feedback. By keeping your business plan up-to-date, you can make informed decisions and adapt your strategies to stay competitive.

Set recurring tasks in ClickUp to review and update your business plan on a regular basis, ensuring that it remains relevant and aligned with your goals.

Get Started with ClickUp’s Business Plan Template for Taxi Drivers

Taxi drivers who are starting or running their own business can use the Business Plan Template for Taxi Drivers in ClickUp to create a comprehensive plan that outlines their goals, strategies, and financial projections. This template is designed to help taxi drivers secure funding, attract investors, and effectively manage their operations.

To get started, follow these steps:

Hit “Add Template” to sign up for ClickUp and add the Business Plan Template to your Workspace. Make sure you designate which Space or location in your Workspace you’d like this template applied.

Next, invite relevant members or guests to your Workspace to start collaborating on your business plan.

Now you can take advantage of the full potential of this template to create a solid business plan:

• Use the Topics View to outline the different sections of your business plan, such as Executive Summary, Market Analysis, Marketing Strategy, Financial Projections, and more.
• The Status View will help you track the progress of each section, with statuses like Complete, In Progress, Needs Revision, and To Do.
• The Timeline View will allow you to set deadlines and milestones for each section of your business plan.
• The Business Plan View provides a comprehensive overview of your entire plan, allowing you to see how all the sections fit together.
• The Getting Started Guide View will provide you with step-by-step instructions and tips on how to use the template effectively.
• Customize the template to fit your specific needs by adding custom fields like Reference, Approved, and Section. These fields will help you keep track of important information and ensure that your business plan is accurate and up to date.

By following these steps and utilizing the different views and custom fields in the ClickUp Business Plan Template for Taxi Drivers, you can create a professional and comprehensive plan that will help you succeed in the taxi industry.

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Starting Taxi Business Plan (PDF)

A taxi is a vehicle that may be hired for single journeys by members of the public. It is also commonly referred to as a cab or taxicab. There has been a notable market disruption emanating from digital solutions. A whole new industry of online taxi services has grown over the years. For instance, in the USA, Uber facilitates over 40 million rides every month. Even as online taxi services continue to grow, traditional taxi services are still relevant. It is still worth it and profitable to start a taxi business. Taxi cabs play a significant role in the transportation industry. People opt for taxis due to a variety of reasons including convenience and exclusiveness. Starting a taxi business is a very profitable venture, which is highly rewarding. This article will outline how to start the taxi cab business, and the taxi business plan – PDF, Word and Excel.

The possible sets of destinations for the various customers make it apparent that the demand is huge. The fact that more and more players are starting taxi businesses speaks to how lucrative the business is. Once properly setup this is one type of business where you will be assured to realise revenue on a daily basis. This article will help in informing you with vital information you need to know on starting your own taxi cab business.

Market Research

Already we have stated that an increasing number of players are entering this space. This spells out ‘competition’ and whenever competition is involved you can’t overlook the importance of market research. Just by taking a look at how existing players conduct their businesses you’ll notice that they serve different target markets. Some solely focus on people commuting to and fro work. Some specifically target airports and termini. Others have strategic spots they operate from in central business districts to cater for wide-ranging customers. So in order for you to ascertain that you’re on course, you must research to find out which markets are available, penetrable and sustainably scalable. It’s a must to take a look at existing players. Essentially this means you must closely study them to draw invaluable insights that’ll help you start strong and even eventually topple your competition. Some of those insights will be on popular services offered, rates charged, types of vehicles and payment methods amongst others. This makes it a must to have a good taxi cab business plan.

Taxi Business Model

The traditional business model for a taxi business is simple. It entails having an area where you operate from and in. You park somewhere and clients can come up to you in need of a taxi ride. You can be an owner-driver or you can have a fleet of taxis you own. You can charge fixed rates for specific routes or you can use the metered approach. The metered approach (i.e. charging per mile) is best because client needs can be so random. Another approach is charge per duration of a trip e.g. per hour.

You could charge per day as you would for a car rental. This can apply for a client who wants to be taken to several locations consecutively in a day. Charging can also be dynamic where you simply negotiate with a client. You could also have a retainer arrangement with wide-ranging clients. The online aspect is somewhat the same. The major difference is that when using an online approach, clients book a ride online. This is doable by developing a mobile app for your taxi business. The fares you charge can differ given the costs elements you would want to offset.

Vehicles and Equipment

The major procurement you must make is vehicles. The vehicles can be imported from other countries where they are cheap or you can buy them locally from your country. The number and type of taxi cabs required will depend on the amount of capital which you have and your target market. You will also have to make a decision of whether to buy brand new vehicles or used taxi cabs. When starting the business with limited capital, you may opt to purchase used cars. The advantage of having new taxi cabs is that you have lower maintenance costs and better reliability on the road.

There are several factors to take into consideration when purchasing the taxi vehicles. Some of the factors include: purchase price, fuel consumption, transmission mode (automatic vs manual), gross vehicle mass, model, new taxi cab vs used taxi cab. If you have limited capital, you can always start your meter taxi business with just one vehicle. Taxi cab business is very profitable and if you reinvest your profits, you will be able to purchase more taxis.

Equipment required for the meter taxi business include garage equipment, taxi meters, taxi partitions, top lights, communication radios (for communication with the dispatch centre). The taxi drivers should always travel with basic repair tools such that if they encounter minor problems along the way, they can always fix the taxis. The taxi business plan should include the costs of purchasing the vehicles and equipment.

Taxi Servicing And Repairs

When running a taxi business you can never compromise and expect to thrive. Customers are most concerned about convenience. This means your taxis must always perform optimally. They must always be fully serviced and devoid of any operational issues. That is why you must always take your taxi(s) for service. It is advisable to have a reputable servicing and repairs provider that you work with. Always keeping your taxi(s) clean and doing daily checks before, during, and after daily operations is key here. If these elements are all kept in check it is rare for your taxi(s) to malfunction. Servicing and repair costs should be accounted for in your taxi business plan.

Taxi Business Insurance and Licences

One of the critical requirements that can potentially have catastrophic consequences for the public as well as the business is insurance. It is advisable to have a comprehensive insurance plan for all the taxi cabs. The costs of such a package are more than offset by the potential losses if you were to have an accident. As a business; the taxi cab company may be liable for very significant punitive damages particularly if there is a loss of life. Without adequate insurance, the taxi cab business could be bankrupted by compensation claims.

The taxi industry is regulated and the specific licences depends with the country. First of all, your drivers must be properly licensed with up to date records including health checks and driver licences.  Your local council will have a list of regulatory requirements which must be diligently followed lest you lose your license to operate the taxi cab business. The taxi cab business plan should include costs for the insurance and licenses.

Staff and Management

Operations staff is a necessity. Operations staff are responsible for handling the operations of the taxi cab business. They include drivers, assistants, logistics personnel, mechanics and operations manager. You will need a taxi driver as the minimum starting employee for the taxi business.

Finance and accounting employees are also required. For a small taxi cab business, the duty can be handled by the owner of the business or a part time accountant. However as the taxi transport business grows, there will be need for full time employees who will be responsible for the finance and accounting needs of the business. Their duties will include usual day to day transaction accounting for business, managing the cash flow of the taxi cab business, and always ensuring the enough funds are available for the day to day needs of the taxi business.

Marketing is essential for you to be successful in the taxi business. To have a stable financial position, your taxis should get sufficient number of trips every day. This is only possible if you are marketing your taxi cab business. Thus your taxi business will also need marketing and sales staff. If you have a dispatch centre then you also need staff so the dispatch centre. Your taxi cab business plan should cater for the wages and salaries of all your staff.

Competitive Analysis

The taxi business is marked by intense competition. For instance, you have to compete with unregulated taxi operators. You also have to compete with ride-sharing brands e.g. Uber. Competitive analysis in a taxi business is to establish differentiators that can make you stand out. Customers when they hire taxis they have certain expectations. How are other taxi operators faring in terms of meeting those expectations? Answers to that can show you how best you can provide superior services.

You must in great detail know about all your direct competitors. Look at their profiles, their target markets, and generally how they conduct business. Look for verified information or conduct observations by trying out competitors’ taxi services. Once you establish all that you can know where and how to strategically place your taxi business. One of the most effective ways to do your competitive analysis is by doing a comprehensive SWOT analysis.

Capital for Starting Taxi Business

The amount of capital required for starting the taxi business depends on the size of the business. It all depends on what you want to achieve and the resources that you have. When starting a taxi cab business, most of the capital goes to acquiring the taxi cabs. You can get a loan from the bank, or funding from investors, to use as capital to start your meter taxi business. If you plan to raise capital from investors and a loan from the bank, you need a good meter taxi business plan. If you don’t have access to investors and bank loan, you can use your personal savings and start small, and grow your taxi business overtime. Taxi business is very profitable, so if you reinvest the profits you get, you can grow over time. Even if you are not planning to get a loan, you should still get a taxi project plan to guide you in starting and operating the business. It is essential for you to have a meter taxi business plan before you venture into the taxi cab business, so that you know all the costs involved and you make an informed decision.

Market for the Taxi Cab Business

The market for taxi cab services is very huge. There are a lot of potential customers for taxi services. Companies may outsource transportation of their employees to taxi cab companies. Parents require taxi cabs to transport their children to and from school. Individuals may need taxi services for routes within a specific location which are not plied by public transport or within the city centre. Some individuals prefer to use taxi cabs even if alternate public transport is available. This is because taxis are more convenient, fast, offer privacy, and exclusiveness. Potential sites to find clients include hospitals, universities, schools, airports, night clubs, city centre, hotels & lodges, shopping centres among others. A proper marketing strategy should be included in your taxi business plan. 

Marketing Plan

Engaging vehicle branding.

There are countless marketing approaches you can employ for your taxi business. The taxi business involves the use of moving vehicles. That makes the actual vehicles a central feature of marketing. Have the vehicles colourfully branded with subliminal marketing content. People merely seeing the taxis passing by will have their subconscious minds conditioned.

Attending Strategic Events

The thrust is to attend events that can strategically generate leads for your taxi business. Examples of such events are trade shows, concerts, conferences, and the like. One way is to actually exhibit and showcase your taxi offerings, if possible. The other way is to simply be in the vicinity of such events. There is most likely always going to be people who will need your services.

Sponsoring Or Supporting Worthy Causes

Running a taxi business offers you easy ways to sponsor or support worthy causes. All it can take is you providing your taxi(s) for free for some event or cause. Your presence during that event or cause will draw so much attention to your taxi brand. You could also materially contribute to causes such as helping the underprivileged. Your association with notable events or causes is a potent marketing strategy. Remember, your taxi(s) being branded will be doing the work for you.

Internet And Social Media Initiatives

This should be at the core of the marketing plan for your taxi business. You must have a website and set up active accounts on social media. Use high definition visuals to draw people in. Regularly do online contests; these are highly effective in building your audience. All your social media initiatives should encourage word of mouth and referrals.

Another faster and more effective strategy is to work with social media influencers. Work especially with macro influencers (between 40000 and 1 million followers) and m icro influencers (between 1000 and 40000 followers). Such influencers are often characterised by highly engaged audiences.

Keys To Taxi Business Profitability

You are supposed to be big on quality in your operations. This refers to aspects such as cleanliness, timeliness, cordialness, and convenience. Customers will always settle for taxi businesses that have these qualities. That is why customers will not hesitate to switch to other taxi operators if you are lacking. Using vehicles with good fuel economy is a vital key to profitability in a taxi business. Regular servicing and using fuel from reputable sources also feeds into good fuel economy. This significantly reduces your operating costs. The first ever taxi service or business was started in 1897. It has been more than a century since then and taxis still continue to proliferate. This is because the market is inexhaustible. You can start your own taxi business today and still make significant money.

Pre-Written Taxi Business Plan (PDF, Word And Excel): Comprehensive Version, Short Funding/Bank Loan Version and Automated Financial Statements

For an in-depth analysis of the taxi cab business, we encourage you to purchase our well-researched and comprehensive taxi cab business plan. We introduced the business plans after discovering that many were venturing into the taxi transport business without enough knowledge and understanding of how to run the meter taxi business, lack of understanding of the financial side of the business, lack of understanding of : the industry, the risks involved , costs and profitability of the business; which often leads to disastrous losses.

The StartupBiz Global taxi transport business plan will make it easier for you to launch and run your meter taxi business successfully, fully knowing what you are going into, and what’s needed to succeed in the business. It will be easier to plan and budget as you will be aware of all the costs involved in setting up and running the taxi cab business.

Uses of the Taxi Business Plan (PDF, Word And Excel)

The taxi cab business plan can be used for many purposes including:

• Raising capital from investors/friends/relatives
• Applying for a bank loan
• Start-up guide to launch your taxi business
• As a taxi business proposal
• Assessing profitability of the meter taxi business
• Finding a business partner
• Assessing the initial start-up costs so that you know how much to save
• Manual for current business owners to help in business and strategy formulation

Contents of the Taxi Cab Business Plan (PDF, Word And Excel)

The meter taxi business plan include, but not limited to:

• Marketing Strategy
• Financial Statements (monthly cash flow projections, income statements, cash flow statements, balance sheets, break even analysis, payback period analysis, start-up costs, financial graphs, revenue and expenses, Bank Loan Amortization)
• Risk Analysis
• Industry Analysis
• Market Analysis
• SWOT & PEST Analysis
• Operational Requirements
• Operational Strategy
• Why some people in taxi cab business fail, so that you can avoid their mistakes
• Ways to raise capital to start your meter taxi business

The Pre-written taxi cab business plan package consist of 4 files

• Taxi Cab Business Plan – PDF file (Comprehensive Version – 71 Pages)
• Taxi Business Plan – Editable Word File (Comprehensive Version – 71 Pages)
• Taxi Cab Business Plan Funding/Bank Loan Version- Editable Word File (Short version for applying for a loan/funding – 42 pages)
• Taxi Business Plan Automated Financial Statements – (Editable Excel File)

The business plan can be used in any country and can be easily edited. The financial statements are automated. This implies that you can change eg the number of taxis, pricing rate per KM etc, and all the other financial statements will automatically adjust to reflect the change.

Click below to download the Contents Page of the Taxi Business Plan (PDF)

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Get the Taxi Business Plan (PDF, Word And Excel)

Click Buy Now  below to purchase using Paypal, Credit Card, or Debit Card. After you have purchased, you will immediately see the download link for the business plan package on the screen. You will also immediately get an email with the business plan download link. The Pre-written business plan package (PDF, Word, and Excel) costs $30 only!

If you want to purchase multiple business plans at once then click here: Business Plans Store.

The business plan package is a zipped compressed file containing the PDF, Word and Excel documents. To open the package after downloading it, just right click, and select Extract All. If you have any problems in downloading and opening the files, email us on [email protected] and we will assist you.

We wish you the best in your taxi business! Check out our collection of business plans  , and more business ideas .

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How to Start and Run a Successful Taxi Business

Understanding the market, creating a solid taxi business plan, securing financing for your taxi business, how to run a successful taxi business, leveraging technology in your taxi business, get started.

Are you intrigued by the prospect of starting your own taxi business? The transportation industry, especially the taxi sector, offers ample opportunities for aspiring entrepreneurs. With the advent of technology and evolving consumer preferences, there are innovative ways to establish and manage a successful taxi business. However, the journey from inception to profitability requires careful planning, efficient execution, and adaptability to changing market dynamics.

Before delving into the logistics of starting a taxi business, it’s crucial to conduct comprehensive market research. Assess the demand for taxi services in your target area. Identify the competitors, their strengths, weaknesses, and the gaps you can fill. Analyzing consumer preferences and understanding the demographics of potential customers will lay a strong foundation for your business strategy.

A well-crafted taxi business plan acts as a roadmap, guiding you through various stages of establishment and growth. Define your business objectives, target market, marketing strategies, operational structure, and financial projections. Incorporate innovative ideas to differentiate your services and attract customers. Your plan should be adaptable yet robust enough to navigate unforeseen challenges.

Financing is a critical aspect of starting any business, including a taxi service. Depending on the scale of operations, you might need funds for vehicle acquisition, insurance, licensing, marketing, and technology integration. Consider exploring various financing options like business loans, investors, or crowdfunding platforms. A well-defined financial plan will not only aid in starting the business but also in sustaining and expanding it.

Efficiently managing a taxi business involves more than just owning a fleet of vehicles. Exceptional customer service, leveraging technology for bookings and dispatch, regular vehicle maintenance, and managing drivers effectively are essential components. Implementing feedback mechanisms and adapting to market trends are also crucial for sustained success.

In today’s digital age, technology plays a pivotal role in the success of any business. Integrate user-friendly mobile applications for seamless bookings, GPS navigation systems for efficient routing, and data analytics for informed decision-making. Embracing technology not only enhances customer experience but also streamlines operations and improves overall efficiency.

Starting and managing a successful taxi business requires meticulous planning, a customer-centric approach, adaptability, and a willingness to embrace innovation. By understanding the market, crafting a robust business plan, securing adequate financing, and effectively managing operations through technology integration, you can position your taxi business for long-term success.

Remember, the key to sustaining a profitable taxi business lies in continuous evaluation, adaptation, and a commitment to delivering exceptional service to your customers.

In summary, understanding how to start a taxi business, creating a sound taxi business plan, managing finances effectively, and knowing how to run a successful taxi business are crucial elements for any entrepreneur venturing into this industry. By incorporating these strategies, you can steer your taxi business towards profitability and long-term growth.

If you’re considering entering the transportation industry, the insights shared here will serve as a valuable guide on your entrepreneurial journey.

Are you ready to embark on the exciting yet challenging road of starting and managing your taxi business?

Starting a Taxi Business: Key Takeaways

• Market Research: Understand the demand, competition, and customer preferences.
• Business Plan: Create a comprehensive plan outlining objectives and strategies.
• Financing: Secure adequate funds for operations and growth.
• Efficient Management: Implement efficient operations and exceptional customer service.
• Technology Integration: Leverage technology for streamlined operations and improved service delivery.

By implementing these key elements, aspiring entrepreneurs can establish and manage a thriving taxi business successfully.

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How to Start a Taxi Business in 14 Steps (In-Depth Guide)

Updated:   March 13, 2024

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The global taxi market is growing considerably. In 2021, the market reached $215.35 billion and is projected to reach 464.26 billion by 2030. This means the market could continue to expand at a compound annual growth rate (CAGR) of 9.29% from 2021 to 2030.

As urban populations grow and citizens seek affordable, convenient transportation, starting a taxi service can be a profitable business venture. Taxi companies rely on name recognition and quality service to earn repeat customers. With low startup costs compared to other transportation businesses, the taxi industry remains accessible for aspiring business owners.

This guide will explain how to start a taxi business. Topics include market research, competitive analysis, registering an EIN, obtaining business insurance, and creating an official business entity. Here’s everything you need to know about starting a taxi business.

1. Conduct Taxi Market Research

Market research is an important part of starting your own taxi business. Research provides insight into the best taxi booking app, how to price your taxi cab business and other details for your business model.

Some of the market research you’ll learn about your private taxi company includes:

• The taxi industry consists primarily of three segments: yellow cabs, private sedans, and app-based ride-hailing.
• App-based services like Uber make up the remaining 28%.
• New York City alone sees over 500,000 daily taxi rides.
• The taxi customer base includes both business and leisure travelers looking for quick and easy rides around town.
• Business travelers are especially lucrative, spending an average of $550 per month on taxis.
• Airports also provide steady taxi revenue, with 70% of airport traffic traditionally using cabs for ground transportation.
• While app-based services now dominate airport pickups, taxis are regaining market share by implementing their own apps and electronic booking.
• The taxi industry is a fragmented market with 97% of companies operating ten vehicles or less.
• Ongoing expenses average $150 per day for insurance, gas, maintenance, and licensing.
• To be successful, new taxi companies must focus on customer service and speed.
• Reliability, safety, and cleanliness are top priorities for riders.
• Creative promotions like loyalty programs and referral bonuses also help attract repeat business in competitive markets.

In summary, the growing demand for flexible urban transportation and low barriers to entry create an appealing opportunity for entrepreneurial taxi startups. Niche markets by geography and customer segment provide options to secure market share against app-based and legacy competitors.

2. Analyze the Competition

Understanding the competitive landscape is crucial when launching a new taxi company. Conduct an in-depth analysis of established operators and app-based services in your target market.

Some ways to investigate competitors as a taxi cab service include:

• For traditional taxi competitors, identify the major brands and fleet sizes.
• Visit cab stands and airports to observe how many taxis each company has operating.
• Research their customer reviews and ratings online to evaluate service quality.
• Gauge price points by getting sample fare quotes. Analyze their marketing messages and brand personalities as well.
• App competitors like Uber and Lyft, sign up as a driver to understand their technology and economics.
• Check customer feedback on app stores to assess satisfaction.
• Search media coverage about market share and growth projections.
• Monitor driver forums to learn about reputation and risk areas.
• Online review sites like Yelp provide visibility into customer sentiment across competitors.
• Search engines reveal the SEO strength of each brand based on web page rankings.
• Social media listening can uncover real-time conversations and perceptions.
• Size up potential advantages your startup may have over incumbents. Look for gaps in service quality, technology, or customer experience to exploit.
• Seek niche segments or territories competitors are overlooking.
• Analyzing competitors gives insights that will shape your business and marketing plan.
• Use SWOT analysis to identify market threats to defend against and opportunities to pursue.
• Competitor intelligence informs pricing, service offerings, vehicle types, and geo-targeting.
• Ongoing monitoring lets you keep ahead of industry changes after launch.

Vigilant competitive research ensures your taxi startup is strategically positioned. Target underserved customer needs, emphasize your differentiators and mitigate competitor threats. Entering the ring prepared gives your business the fighting chance it needs to win.

3. Costs to Start a Taxi Business

Starting a taxi company involves both initial investments and ongoing expenses. Carefully projecting costs is crucial for securing financing and operating successfully.

Start-Up Costs

• For an individual cab, plan on $25,000-$35,000 for a new minivan or crossover SUV.
• With a small fleet of 5 cabs, costs can range from $125,000-$175,000.
• Next is licensing and insurance, which varies by state and city regulations. Liability insurance runs $9,000-$15,000 per vehicle annually.
• Administrative fees also add up with new taxi companies. Business licenses and permits average $500-$1,000 depending on location.
• Accounting software like QuickBooks is around $200 for setup. A commercial phone system for dispatching can be $1,000.
• Outfitting cabs with meters, signage, radio equipment, and GPS costs approximately $3,000 per vehicle.
• A basic website for customer bookings would be around $1,500.
• Other startup costs may include an office lease at $1,000-$1,500 monthly.

Total start-up costs for a single taxi generally run $20,000-$25,000. For a small 5-cab fleet, expect around $60,000 in startup costs. Expenses scale higher with larger fleets exceeding 50 vehicles.

Ongoing Costs

Once up and running, taxi companies face a variety of recurring monthly and annual expenses.

• Fuel averages $300-$400 per cab monthly. Maintenance and repairs run approximately $200 per vehicle each month.
• Cab replacement occurs every 3-5 years, incurring another $25k-$35k investment per new vehicle.
• Insurance remains a major necessity, costing $750-$1,250 per cab monthly.
• License renewals typically happen annually at around $300 per taxi.
• Personnel is another primary expense. Dispatchers average $15/hour, costing $2,000-$3,000 monthly. Drivers may be employees or independent contractors.
• Those choosing hourly wages cost around $3,000 per driver based on $15/hour.
• Office rentals, utilities, phone, and Wi-Fi amount to roughly $2,500 per month.
• Accounting and legal services are about $500 monthly.
• Marketing budgets range from $300-$500 monthly for digital ads and promotions.
• Miscellaneous expenses like payroll fees, supplies, fees, and taxes add up to around $1,000 each month.
• For a single taxi, average monthly costs are approximately $5,000 including insurance, licensing, personnel, fuel, repairs, office expenses, advertising, and more.
• Annual costs can reach $60,000-$70,000.
• With a 5 cab fleet, monthly expenses scale to around $25,000 covering the above costs times 5 vehicles.
• Overall annual costs for a 5-taxi operation average $300,000-$350,000.

Carefully estimating both start-up and ongoing costs ensures taxi businesses remain lean and profitable. Update projections as fleet size, staffing, and scope evolve. Financial diligence is fundamental to running a successful transportation company.

4. Form a Legal Business Entity

When starting a taxi company, one of the first legal decisions is choosing a business structure. The four main options each have advantages and drawbacks to consider.

Sole Proprietorship

A sole proprietorship is the simplest as it’s essentially you as an individual operating the business. However, it offers no liability protection as you’re personally responsible for all debts and lawsuits. This high risk makes sole proprietorships inadvisable for taxi businesses exposed to accidents and injuries.

Partnership

Partnerships allow two or more owners to share control and liability. A general partnership still exposes all partners fully while a limited partnership protects silent partners. Overall, partnerships can get complicated with profit/loss allocations and disagreements between partners.

Corporation

A corporation provides limited liability for shareholders but requires formal management and reporting. The tax structure is less advantageous for small businesses as income is taxed at both the corporate and shareholder level. Overall, the formality and regulatory requirements make corporations unrealistic for most taxi startups.

Limited Liability Company (LLC)

An LLC (Limited Liability Company) combines pass-through taxation with liability protection for members. Profits and losses pass directly to each owner’s returns. An LLC shields personal assets from business liabilities and debts. Ownership can be easily transferred with fewer formalities than a corporation.

5. Register Your Business For Taxes

One of the first legal steps when starting a taxi company is obtaining an Employer Identification Number or EIN from the IRS. This unique number identifies your business for tax purposes similar to how your Social Security number identifies you as an individual.

An EIN is required to open a business bank account, apply for licenses, hire employees, and file taxes for your company. Sole proprietors can use their SSN but should still get an EIN to keep personal and business finances separate.

The good news is applying for an EIN is a quick and free process that you can complete online via the IRS website in just minutes.

Simply provide your personal identifying information, business name, address, and taxation details. Choose the type of legal business entity you formed. Specify if you plan to hire employees or operate multiple businesses under the EIN.

Once submitted, your EIN will be provided immediately. This number should be included on all applications, tax documents, and other financial records for your taxi business.

In addition to your federal EIN, you’ll also need to register with your state taxation department for sales tax collection. The application process is similar to the EIN and can also be completed online in most states.

Sales tax registration enables you to legally collect and remit sales tax on taxi services provided in your state. It may also require filing regular sales tax returns. Check your state taxation department website for specifics.

Obtaining an EIN and sales tax registration are simple processes that add legitimacy and compliance to your taxi business. With your official tax numbers established, you can confidently move forward with vendors, licensing, hiring, and daily operations.

Failing to register your business properly may lead to fines, vehicle repos , or full closure, so make sure everything is in order.

6. Setup Your Accounting

Proper accounting is crucial for taxi companies to track finances, comply with taxes, and prove legitimacy if audited. Investing in accounting software, working with an accountant, and separating business and personal finances will set up your company for success.

Accounting Software

Begin by getting small business accounting software like QuickBooks to manage all financial transactions. Quickbooks integrates with bank accounts to automatically import income, expenses, invoices, and payments. It generates reports for profit/loss statements, balance sheets, payroll, and taxes. Quickbooks makes accounting a breeze with automation while giving you control over the numbers.

Hire an Accountant

Consider hiring an accountant to handle bookkeeping, payroll, quarterly taxes, and year-end filings. They can provide consulting on maximizing deductions and setting up ideal accounting workflows specific to taxi businesses. Expect to invest around $200-$500 monthly for full bookkeeping services.

At a minimum, engage an accountant annually to prepare your business tax returns. Rates average $500-$1,500 to file your Schedule C, payroll returns, and other tax documents. Their expertise saves money in the long run by ensuring full compliance and avoiding tax penalties.

Open a Business Bank Account

Be sure to separate all business finances into dedicated accounts. Obtain an Employer ID Number (EIN) from the IRS to open a business bank account. Fund it exclusively with taxi company income and pay for all expenses from there.

Apply for a Business Credit Card

Also, apply for a small business credit card using your EIN. Business cards don’t rely on personal credit scores and have higher limits to handle larger purchases. Make all taxi-related purchases on this card exclusively.

7. Obtain Licenses and Permits

Before operating any taxis, your new company must get approved for all relevant licenses and permits. Obtain federal license information through the U.S. Small Business Administration . The SBA also offers a local search tool for state requirements.

One of the first steps is obtaining a vehicle-for-hire license from your state regulator or local taxi commission. This business license proves you are registered and approved to transport passengers for a fare. Requirements and fees vary but expect to submit your business plan, insurance, vehicle info, background checks, and more.

Vehicle permits or medallions specifically authorize each cab to operate. Major cities like NYC and Chicago have a limited number available for purchase or lease. Expect to pay tens if not hundreds of thousands per medallion. Less restrictive cities still require annual permits per taxi typically costing a few hundred dollars each.

Your local municipal office can provide a general business license to operate within city limits. Fees range from $25 to the hundreds. Some cities may require additional permits related to ground transportation providers.

Commercial auto insurance is mandatory, with minimum liability limits of $100k property damage and $300k bodily injury per incident. Higher 100/300 limits or supplemental policies should be considered given taxi accident risks. Expect $150+ monthly per vehicle.

The FAA requires aircraft radio licenses for two-way dispatch equipment in taxis. The application involves proving you have appropriate frequencies allocated. The license costs around $150 and must be renewed every 10 years.

Taxi drivers themselves will need commercial driver’s licenses (CDL) in most states. Options include a full CDL, taxi limited license, or standard license with a for-hire endorsement. Renewals happen every 4-8 years.

Any independent contractors you use must carry adequate rideshare insurance on their vehicles with state minimum liability coverage. Avoid legal exposure by confirming their active coverage.

8. Get Business Insurance

Operating a taxi business without proper insurance opens you to massive risks that could bankrupt your company. Accidents, lawsuits, property damage, and employee claims could all destroy an uninsured business.

For example, a major car crash by one of your drivers that injures passengers could result in hundreds of thousands in medical bills and legal claims without protection. Or an electrical fire that destroys your garage and vehicles would cost tens of thousands to recover from uninsured. Even a minor slip-and-fall by a passenger in your office could lead to legal action.

The good news is obtaining business insurance coverage can shield your company from these threats. Start with a commercial auto policy that covers liability, collision, uninsured motorists, and passenger medical. General liability insurance protects against third-party claims of injury, property damage, and more.

You may also want commercial property coverage for your office, dispatch equipment, and other assets and business interruption insurance to replace lost income if forced to close. Workers’ comp is required if you have employees. An umbrella policy provides additional liability coverage above your base limits.

Expect to budget $150-$400 per vehicle monthly for a full commercial taxi insurance plan. However, this small ongoing expense can save you from utter financial devastation if the worst happens down the road.

9. Create an Office Space

Having a dedicated office provides legitimacy and gives taxi businesses a central base for dispatching, meetings, and administrative work. The right office setup supports daily operations and customer service.

Home Office

A basic home office is the most affordable option starting around $200 for a desk and supplies. It works for sole owners doing sales and promotion from home. However, home offices lack space for dispatchers and have less professionalism for meetings.

Coworking Office

Coworking spaces like WeWork provide amenities like WiFi, conference rooms, and front desk staff for $300-$500 monthly. The flexible terms and networking can benefit small taxi startups. However, coworking lacks parking for taxis and has noise that could disrupt dispatch calls.

Retail Office

Retail office spaces in shopping plazas start around $1,000 monthly. The street visibility and walk-in traffic aid marketing efforts. Retail offices also give easy access to taxis and customers. The downsides are costs, business hour restrictions, and longer leases.

Commercial Office

Classic commercial office spaces offer the most room with dedicated buildings and ample parking. Expect $1,500-$2,500 monthly for spaces accommodating dispatch stations, taxis, meetings, and parking. However, commercial spaces require long leases and offer few amenities.

10. Source Your Equipment

From cars to meters, new taxi companies need to acquire essential equipment to get up and running. Smart sourcing saves money while meeting operational needs.

For the latest models with full warranties, purchase vehicles, and gear directly from manufacturers and authorized dealers. Expect to pay MSRP or slightly below for sedans like the Toyota Camry, minivans, and light SUVs ideal for taxi use. Meters, signage, radio equipment, and other accessories are also available now.

Buying Used

Save over 50% by buying quality used vehicles with 50k-75k miles from dealers, auctions, or private sellers. Facebook Marketplace , and Craigslist list reliable used taxi models like retired Crown Victorias, Camrys, and Odyssey vans discounted to $5k-$15k. Scour taxi auctions and dealers for used meters, radios, and other gear.

Renting vehicles lets you test models before purchasing a whole fleet. Rental costs range from $300-$500 weekly for common taxi vehicles. Short-term rentals of dispatch equipment, meters, and two-way radios are also available from specialty providers for a few hundred a month.

Multi-year leases allow you to operate new vehicle models for a fixed monthly fee averaging $300-$600 over 2-4 years. Maintenance and roadside assistance are often included. Leasing provides reliability without large upfront purchases. Refurbished meters and hardware can also be leased affordably.

11. Establish Your Brand Assets

Creating a strong brand identity is crucial for taxi companies to stand out from the competition and build recognition. Investing in branding builds customer trust and boosts marketing efforts.

Get a Business Phone Number

Acquire an official business phone number through a service like RingCentral to enable professional communications. Choose a local area code and a dedicated line to convey legitimacy versus using a personal cell. Expect to budget $25-$50 monthly for a hosted business phone with call routing and voicemail services.

Design a Logo

Design a sleek logo and brand identity that instantly identifies your taxis and marketing materials. Consider iconic symbols and color palettes that connect to your location. A bold, minimalist logo works for taxi brands versus overly complicated images. Use a service like Looka to develop concepts digitally for $20-$50 per design.

Print Business Cards

Business cards featuring your logo, phone number, and dispatch info make introductions and referrals seamless. Hand these out at local events and hospitality businesses to aid marketing. Vistaprint offers affordable printing of 500 basic cards for $20.

Buy a Domain Name

Secure a domain name that matches your taxi brand for a professional online presence. Short .com addresses from Namecheap convey expertise. Expect to budget $10-$15 annually for domain registration.

Design a Website

Build a one-page website detailing your services, booking options, and phone number. Use a drag-and-drop site builder like Wix for easy DIY creation or hire a freelancer on Fiverr for $200 to design the site. This digital home solidifies your legitimacy.

12. Join Associations and Groups

Joining local business groups and online communities provides invaluable connections when starting a taxi company. Take advantage of these networking opportunities for insider advice and customer referrals.

Local Associations

Research associations like the Taxicab, and Limousine & Paratransit Association offer national conferences, regulatory advocacy, and fleet insurance programs. On the local level, chambers of commerce and transportation associations facilitate networking events and lobbying efforts.

Local Meetups

Keep up with trends and expand your network by attending regional taxi and ground transportation meetups. Use sites like Meetup to find regular gatherings of fellow business owners, drivers, and vendors.

Facebook Groups

Dozens of Facebook groups connect taxi owners globally. Search for established communities like Global Taxi Driver Group and join relevant local groups like NYC Taxi Cab Enthusiasts & Owners to tap collective insights.

13. How to Market a Taxi Business

Implementing ongoing marketing is essential for gaining new taxi customers and growing your company. Leverage digital campaigns, real-world promotion, and customer referrals to build your brand.

Personal Networking

Start by tapping your inner circle for referrals to friends, family, and colleagues. Offer free or discounted rides to first-time customers sent your way. Satisfied passengers will organically spread the word about your service if treated well.

Digital Marketing

Digital campaigns provide affordable access to local customers. Consider:

• Google Ads geo-targeting local keywords like “taxi near me” and your city name. Expect to budget $100-$300 monthly. Track phone call conversions.
• Facebook and Instagram ads focused on area residents. Target based on location, demographics, and interests. Budget $50-$100 monthly per platform.
• Search engine optimization to rank highly for “taxi/cab + your city” searches. Research tactics or hire an SEO consultant.
• Email collection via your website to send promotions and build loyalty. Offer discounts for email signups. Send regular updates and coupons to subscribers.
• Getting customer reviews on Google, Facebook, and Yelp highlighting your service quality and professionalism.

Traditional Marketing

Traditional approaches also aid visibility:

• Vehicle signage and wraps are seen throughout your region while in service. Gets name recognition.
• Business cards and flyers at hotels, restaurants, and airports to catch potential riders. Focus on concierges.
• Airport carousel ads drive business from travelers. Costs range from $100-$300 per month based on impressions.
• Radio spots on local stations for brand awareness. Expect to budget $500+ monthly depending on frequency.
• Chamber of Commerce networking for corporate accounts. Cater to business travelers.
• Direct mail postcards to households announcing new services or promotions like discounted first rides.

Mix digital, print, networking, and other tactics to attract customers. Track response rates and refine strategies over time. Marketing done properly delivers continual growth.

14. Focus on the Customer

Providing excellent customer service is crucial for taxi companies to earn repeat business and referrals. Given the competition, focusing on rider satisfaction and great experiences builds loyalty.

Some ways to increase customer focus as a profitable taxi business include:

• For example, ensure vehicles are clean and comfortable. Greet passengers warmly and politely confirm their destination.
• Avoid phone calls or conversations with other drivers during the ride. Ask if the temperature or radio station needs adjusting.
• Thank riders as they exit and offer to assist with bags or other cargo.
• Follow up via email with first-time customers to see if their rides met expectations.
• Send the occasional coupon to frequent patrons to show appreciation.
• Train staff and drivers on ideal service standards.
• Empower them to address complaints and remedy issues.
• Monitoring online reviews lets you identify and improve upon friction points.
• Satisfied customers become vocal champions for your brand. They will specifically request your company over competitors for future rides.

With commoditized offerings like rides, customer service stands out. Small gestures like bottles of water, mints, and charging cables surprise and delight. When riders feel genuinely cared for, you earn their loyalty for the long haul.

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Back to All Business Ideas

How to Start a Taxi Business

Written by: Carolyn Young

Carolyn Young is a business writer who focuses on entrepreneurial concepts and the business formation. She has over 25 years of experience in business roles, and has authored several entrepreneurship textbooks.

Edited by: David Lepeska

David has been writing and learning about business, finance and globalization for a quarter-century, starting with a small New York consulting firm in the 1990s.

Published on March 3, 2022 Updated on May 14, 2024

Investment range

$3,250 - $7,400

Revenue potential

$47,000 - $275,000 p.a.

Time to build

0 – 3 months

Profit potential

$38,000 - $55,000 p.a.

Industry trend

Think taxis are a thing of the past? Think again! Rideshare services like Uber and Lyft have grabbed a large share of the market, but they have not made taxis obsolete. The US taxi industry is still worth $66 billion, so there’s money to be made. You can start your own taxi business as a solopreneur, and eventually grow into a full-fledged company with a fleet of cars and drivers. All you need is one car and a taxi license to get started. 

First, though, you’ll need to understand the ins and outs of starting and running a business. Luckily, this step-by-step guide will provide all the information and insights necessary to get you on the road to taxi cab entrepreneurship.

Looking to register your business? A limited liability company (LLC) is the best legal structure for new businesses because it is fast and simple.

Form your business immediately using ZenBusiness LLC formation service or hire one of the Best LLC Services .

Step 1: Decide if the Business Is Right for You

Pros and cons.

Starting a taxi business has pros and cons to consider before deciding if it’s right for you. 

• Low Startup Costs – One car and you’re off to the races
• Flexibility – Pick your own hours, run the business from home
• Large Market – Demand for taxis is still high, particularly in large cities
• Tough Market – Compete with apps like Uber and Lyft
• Long Hours – To make money, you need to be a workhorse

Taxi industry trends

Industry size and growth.

• Industry size and past growth – The US taxi and limousine market is worth $66.6 billion in 2022 and has grown nearly 3% annually for the last five years.(( https://www.ibisworld.com/industry-statistics/market-size/taxi-limousine-services-united-states/ ))
• Growth forecast –  The global taxi industry is expected to grow an impressive 66% by 2026.(( https://www.mordorintelligence.com/industry-reports/taxi-market ))
• Number of businesses – In 2022, 2,568,140 taxi and limousine businesses were operating in the US.(( https://www.ibisworld.com/industry-statistics/number-of-businesses/taxi-limousine-services-united-states/ ))
• Number of people employed – In 2022, the US taxi and limousine industry employed 2,379,410 people.(( https://www.ibisworld.com/industry-statistics/employment/taxi-limousine-services-united-states/ ))

Trends and challenges

Trends in the taxi industry include:

• Customers are seeking apps to book taxis, so taxi services need to embrace this trend to be successful.
• Eco-friendly hybrid or all-electric taxis are also in demand. This presents a huge opportunity for an eco-friendly taxi business to differentiate itself.

Challenges in the taxi industry include:

• A continuous challenge in the taxi business is finding and keeping good drivers who provide excellent customer service.
• Rising fuel prices are cutting into the profit margins of taxi businesses.

Demand hotspots

• Most popular states – The most popular states for taxi drivers are Rhode Island, Connecticut, and New Hampshire.(( https://www.zippia.com/cab-driver-jobs/best-states/#rhode-island ))
• Least popular states – The least popular states for taxi drivers are Colorado, Utah, and Montana.

What kind of people work in taxi businesses?

• Gender – 23.5% of taxi drivers are female, while 73.3% are male.(( https://www.zippia.com/taxi-cab-driver-jobs/demographics/ ))
• Average level of education – The average taxi driver is high school educated.
• Average age – The average taxi driver in the US is 48 years old.

How much does it cost to start a taxi business?

Startup costs for a taxi business range from $3,200 to $7,400. Costs include a down payment on a vehicle and signage for the vehicle. You’ll also need to get a car for hire license from your city. In some cities, this can be a significant cost. For example, in New York City a taxi medallion costs about $80,000, while in Columbus, Ohio it only costs a few hundred dollars. 

How much can you earn from a taxi business?

Taxi fare rates vary by city but usually include a flat base charge, a charge per mile, and an hourly wait time rate. These calculations will assume that your average fare will be about $15. Your profit margin after fuel and insurance costs should be about 80%.

In your first year or two, you could work as a solopreneur and do 10 trips per day 6 days per week, bringing in $47,000 in annual revenue. This would mean nearly $38,000 in profit, assuming that 80% margin. As your brand gains recognition, you could have five taxis and hire drivers, and sales could climb to 50 trips per day 7 days per week. At this stage, you’d rent a commercial space and hire staff, reducing your profit margin to 20%. With annual revenue of almost $275,000, you’d make a tidy profit of more than $55,000.

What barriers to entry are there?

There are a few barriers to entry for a taxi business. Your biggest challenges will be:

• A clean driving record is required, and you may have to pass an exam
• Competition from other taxis plus apps like Uber and Lyft

Related Business Ideas

How to Start a Limo Business

How to Start a Roadside Assistance Business

How to Start a Rideshare Company

Step 2: hone your idea.

Now that you know what’s involved in starting a taxi business, it’s a good idea to hone your concept in preparation to enter a competitive market.

Market research will give you the upper hand, even if you’re already positive that you have a perfect product or service. Conducting market research is important, because it can help you understand your customers better, who your competitors are, and your business landscape.

Why? Identify an opportunity

Research taxi businesses in your area to examine their services, price points, and customer reviews. You’re looking for a market gap to fill. For instance, maybe the local market is missing a limousine taxi service, or an electric taxi service.

You might consider targeting a niche market by specializing in a certain aspect of your industry, such as bike taxis in urban areas.

This could jumpstart your word-of-mouth marketing and attract clients right away.

What? Determine your services

You’ll need to determine what kind of taxi service you want to have. You could have a limousine taxi service, a black car taxi, a minibus taxi service, an eco-friendly taxi cab, a bike taxi, or even a water taxi. You also need to decide if you want to have a taxi booking app.

Who? Identify your target market

When determining the target market for your taxi business, it’s important to recognize that your audience will vary depending on the type of services you offer. For instance, tourists needing transportation from airports or hotels represent a different segment compared to those requiring event transportation or specialized services like taxis for the disabled.

It’s advisable to have a broad target market to cater to a wide range of needs. This approach allows you to maximize your customer base and adapt to various demands in the transportation industry.

Acquire vehicles for your taxi business

Starting a taxi business requires a reliable and efficient fleet of vehicles. Here’s how to make the best choices for your fleet:

1. Assess Your Needs:

• Capacity: Determine the size of the vehicle needed based on the typical number of passengers. Consider sedans for up to 4 passengers or minivans for larger groups.
• Fuel Efficiency: Choose vehicles with good mileage to minimize fuel costs, an important factor in your business’s profitability.
• Comfort: Opt for models that offer a comfortable ride, as this can significantly impact customer satisfaction.

2. New vs. Used Vehicles:

• New Vehicles: Offer the latest features and are less likely to require repairs, but are more expensive.
• Used Vehicles: More cost-effective but may have higher maintenance costs. Opt for certified pre-owned cars for better reliability.

3. Leasing vs. Purchasing:

• Leasing: Provides the option to upgrade vehicles regularly and avoids the depreciation cost, but may come with mileage limitations.
• Purchasing: Results in owning the asset outright, offering more control but requires a larger upfront investment.

4. Maintenance Plans:

• Consider maintenance costs in your budget. Regular maintenance is crucial for safety and prolonging the life of your vehicles.
• Establish relationships with trusted mechanics or consider service contracts with dealerships.

5. Regulatory Compliance:

• Ensure that the vehicles meet all local regulatory requirements, such as emissions standards and safety features.

6. Technology Integration:

• Install necessary technology such as GPS systems, fare meters, and card payment terminals.

How much should you charge for taxi fares?

Your fare rates will be dictated by the rates in your city. When you’re working by yourself, your costs will be limited to fuel and insurance. You should aim for a profit margin of 80%.

Once you know your costs, you can use this Step By Step profit margin calculator to determine your mark-up and final price points. Remember, the prices you use at launch should be subject to change if warranted by the market.

Where? Choose a location for your vehicles

Selecting the right locations for both storing your taxi fleet and identifying hot spots for operation is crucial for the efficiency and profitability of your taxi business. Here’s how to approach these two aspects:

1. Storing Vehicles When Not Active

Centralized Garage or Parking Facility:

• Proximity: Choose a location central to your service area to minimize the time and fuel costs for vehicles to reach their first customers.
• Cost-Effectiveness: Look for affordable parking options to keep overhead low.
• Security: Ensure the area is secure to prevent theft and vandalism.
• Accessibility: Easy access for drivers, especially during shift changes.
• Maintenance Facilities: Nearby maintenance services are beneficial for quick repairs.

2. Identifying Hot Spots for Active Service

High-Demand Areas:

• Airports and Train Stations: Constant flow of travelers needing transportation.
• Business Districts: High demand during rush hours for commuting professionals.
• Tourist Attractions: Tourists frequently require taxis to explore the city.
• Entertainment and Nightlife Areas: Demand peaks during evenings and weekends.
• Hospitals and Medical Centers: Regular need for transport by patients and visitors.
• Shopping Centers and Malls: Popular destinations, especially during weekends and holidays.
• Residential Areas: Targeting suburbs can capture daily commuters and those without personal vehicles.
• Event Venues: Concerts, sports events, and conventions draw large crowds needing transportation.

Step 3: Brainstorm a Taxi Company Name

Here are some ideas for brainstorming your business name:

• Short, unique, and catchy names tend to stand out
• Names that are easy to say and spell tend to do better 
• Name should be relevant to your product or service offerings
• Ask around — family, friends, colleagues, social media — for suggestions
• Including keywords, such as “taxi” or “taxi service”, boosts SEO
• Name should allow for expansion, for ex: “RapidRide Cabs” over “Airport Cabs”
• A location-based name can help establish a strong connection with your local community and help with the SEO but might hinder future expansion

Once you’ve got a list of potential names, visit the website of the US Patent and Trademark Office to make sure they are available for registration and check the availability of related domain names using our Domain Name Search tool. Using “.com” or “.org” sharply increases credibility, so it’s best to focus on these.

Find a Domain

Powered by GoDaddy.com

Finally, make your choice among the names that pass this screening and go ahead with domain registration and social media account creation. Your business name is one of the key differentiators that sets your business apart. Once you pick your company name, and start with the branding, it is hard to change the business name. Therefore, it’s important to carefully consider your choice before you start a business entity.

Step 4: Create a Taxi Business Plan

Here are the key components of a business plan:

• Executive Summary: Provide a brief overview of your taxi business, highlighting its focus on reliable and efficient transportation services within a specific geographic area.
• Business Overview: Describe your taxi service, including the provision of on-demand transportation for individuals and groups in urban and suburban areas.
• Product and Services: Detail the transportation services offered, such as standard taxi rides, airport transfers, and potentially app-based ride-hailing options.
• Market Analysis: Evaluate the demand for taxi services in your area, taking into account factors like population density, public transportation availability, and peak travel times.
• Competitive Analysis: Compare your service to other local transportation options, focusing on your competitive advantages like quicker response times, customer service, or technological integration.
• Sales and Marketing: Outline your strategy for attracting customers, such as through local advertising, partnerships with businesses, or online platforms.
• Management Team: Highlight the experience and skills of your management team, especially in areas like transportation, logistics, and customer service.
• Operations Plan: Describe the operational process of your taxi service, including vehicle management, driver scheduling, and ride dispatching.
• Financial Plan: Provide an overview of the financial aspects, including start-up costs, pricing strategy, and revenue projections.
• Appendix: Include additional documents like vehicle maintenance records, driver training manuals, or market research data that support your business plan.

If you’ve never created a business plan, it can be an intimidating task. You might consider hiring a business plan specialist to create a top-notch business plan for you.

Step 5: Register Your Business

Registering your business is an absolutely crucial step — it’s the prerequisite to paying taxes, raising capital, opening a bank account, and other guideposts on the road to getting a business up and running.

Plus, registration is exciting because it makes the entire process official. Once it’s complete, you’ll have your own business!

Choose where to register your company

Your business location is important because it can affect taxes, legal requirements, and revenue. Most people will register their business in the state where they live, but if you’re planning to expand, you might consider looking elsewhere, as some states could offer real advantages when it comes to taxi businesses.

If you’re willing to move, you could really maximize your business! Keep in mind, it’s relatively easy to transfer your business to another state.

Choose your business structure

Business entities come in several varieties, each with its pros and cons. The legal structure you choose for your taxi business will shape your taxes, personal liability, and business registration requirements, so choose wisely.

Here are the main options:

• Sole Proprietorship – The most common structure for small businesses makes no legal distinction between company and owner. All income goes to the owner, who’s also liable for any debts, losses, or liabilities incurred by the business. The owner pays taxes on business income on his or her personal tax return.
• General Partnership – Similar to a sole proprietorship, but for two or more people. Again, owners keep the profits and are liable for losses. The partners pay taxes on their share of business income on their personal tax returns.
• Limited Liability Company (LLC) – Combines the characteristics of corporations with those of sole proprietorships or partnerships. Again, the owners are not personally liable for debts.
• C Corp – Under this structure, the business is a distinct legal entity and the owner or owners are not personally liable for its debts. Owners take profits through shareholder dividends, rather than directly. The corporation pays taxes, and owners pay taxes on their dividends, which is sometimes referred to as double taxation.
• S Corp – An S-Corporation refers to the tax classification of the business but is not a business entity. An S-Corp can be either a corporation or an LLC , which just need to elect to be an S-Corp for tax status. In an S-Corp, income is passed through directly to shareholders, who pay taxes on their share of business income on their personal tax returns.

We recommend that new business owners choose LLC as it offers liability protection and pass-through taxation while being simpler to form than a corporation. You can form an LLC in as little as five minutes using an online LLC formation service. They will check that your business name is available before filing, submit your articles of organization , and answer any questions you might have. 

Form Your LLC

Choose Your State

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Step 6: Register for Taxes

The final step before you’re able to pay taxes is getting an Employer Identification Number , or EIN. You can file for your EIN online or by mail or fax: visit the IRS website to learn more. Keep in mind, if you’ve chosen to be a sole proprietorship you can simply use your social security number as your EIN.

Once you have your EIN, you’ll need to choose your tax year. Financially speaking, your business will operate in a calendar year (January–December) or a fiscal year, a 12-month period that can start in any month. This will determine your tax cycle, while your business structure will determine which taxes you’ll pay.

The IRS website also offers a tax-payers checklist , and taxes can be filed online.

It is important to consult an accountant or other professional to help you with your taxes to ensure you’re completing them correctly.

Step 7: Fund your Business

Securing financing is your next step and there are plenty of ways to raise capital:

• Bank loans : This is the most common method but getting approved requires a rock-solid business plan and strong credit history.
• SBA-guaranteed loans : The Small Business Administration can act as guarantor, helping gain that elusive bank approval via an SBA-guaranteed loan .
• Government grants : A handful of financial assistance programs help fund entrepreneurs. Visit Grants.gov to learn which might work for you.
• Friends and Family : Reach out to friends and family to provide a business loan or investment in your concept. It’s a good idea to have legal advice when doing so because SEC regulations apply.
• Crowdfunding : Websites like Kickstarter and Indiegogo offer an increasingly popular low-risk option, in which donors fund your vision. Entrepreneurial crowdfunding sites like Fundable and WeFunder enable multiple investors to fund your business.
• Personal : Self-fund your business via your savings or the sale of property or other assets.

Bank and SBA loans are probably the best option, other than friends and family, for funding a taxi business. You might also try crowdfunding if you have an innovative concept.

Step 8: Apply for Taxi Business Licenses and Permits

Starting a taxi business requires obtaining a number of licenses and permits from local, state, and federal governments. You’ll need to get a car for hire license or taxi medallion from your city.

Federal regulations, licenses, and permits associated with starting your business include doing business as (DBA), health licenses and permits from the Occupational Safety and Health Administration ( OSHA ), trademarks, copyrights, patents, and other intellectual properties, as well as industry-specific licenses and permits.

You may also need state-level and local county or city-based licenses and permits. The license requirements and how to obtain them vary, so check the websites of your state, city, and county governments or contact the appropriate person to learn more.

You could also check this SBA guide for your state’s requirements, but we recommend using MyCorporation’s Business License Compliance Package . They will research the exact forms you need for your business and state and provide them to ensure you’re fully compliant.

This is not a step to be taken lightly, as failing to comply with legal requirements can result in hefty penalties.

If you feel overwhelmed by this step or don’t know how to begin, it might be a good idea to hire a professional to help you check all the legal boxes.

Step 9: Open a Business Bank Account

Before you start making money, you’ll need a place to keep it, and that requires opening a bank account .

Keeping your business finances separate from your personal account makes it easy to file taxes and track your company’s income, so it’s worth doing even if you’re running your taxi business as a sole proprietorship. Opening a business bank account is quite simple, and similar to opening a personal one. Most major banks offer accounts tailored for businesses — just inquire at your preferred bank to learn about their rates and features.

Banks vary in terms of offerings, so it’s a good idea to examine your options and select the best plan for you. Once you choose your bank, bring in your EIN (or Social Security Number if you decide on a sole proprietorship), articles of incorporation, and other legal documents and open your new account.

Step 10: Get Business Insurance

Business insurance is an area that often gets overlooked yet it can be vital to your success as an entrepreneur. Insurance protects you from unexpected events that can have a devastating impact on your business.

Here are some types of insurance to consider:

• General liability : The most comprehensive type of insurance, acting as a catch-all for many business elements that require coverage. If you get just one kind of insurance, this is it. It even protects against bodily injury and property damage.
• Business Property : Provides coverage for your equipment and supplies.
• Equipment Breakdown Insurance : Covers the cost of replacing or repairing equipment that has broken due to mechanical issues.
• Worker’s compensation : Provides compensation to employees injured on the job.
• Property : Covers your physical space, whether it is a cart, storefront, or office.
• Commercial auto : Protection for your company-owned vehicle.
• Professional liability : Protects against claims from a client who says they suffered a loss due to an error or omission in your work.
• Business owner’s policy (BOP) : This is an insurance plan that acts as an all-in-one insurance policy, a combination of the above insurance types.

Step 11: Prepare to Launch

As opening day nears, prepare for launch by reviewing and improving some key elements of your business. 

Essential software and tools

Being an entrepreneur often means wearing many hats, from marketing to sales to accounting, which can be overwhelming. Fortunately, many websites and digital tools are available to help simplify many business tasks.

 You may want to use industry-specific software, such as Cab Treasure , EverTransit , or TaxiMobility , to manage your bookings, dispatching, fares, and payments. 

• Popular web-based accounting programs for smaller businesses include Quickbooks , Freshbooks , and Xero . 
• If you’re unfamiliar with basic accounting, you may want to hire a professional, especially as you begin. The consequences for filing incorrect tax documents can be harsh, so accuracy is crucial. 

Develop your website

Developing a website and a mobile app is essential for a modern taxi business, serving as digital gateways for customers to access your services. A user-friendly website should provide clear information about your services, pricing, and contact details, along with an easy-to-use booking system. Complementing the website, a mobile app offers convenience for on-the-go customers, allowing them to book rides, track their taxi in real-time, and make secure payments. Both platforms should reflect your brand’s identity, be intuitive to navigate, and include features like fare calculators, customer reviews, and support options.

Launching a successful taxi business requires a robust marketing strategy that ensures visibility and customer engagement. Here are effective tactics to consider:

• Optimize for Local SEO: Ensure your website ranks high in local search results by incorporating relevant keywords, location-based content, and maintaining an up-to-date Google My Business profile.
• Get Listed in Local Directories: Register your business on local directories and review sites like Yelp, TripAdvisor, and Yellow Pages to increase your online presence and credibility.
• Leverage Social Media Marketing: Regularly post engaging content on platforms like Facebook, Instagram, and Twitter to connect with your community and offer promotions.
• Engage in Community Events: Participate in local events and sponsor community activities to build brand awareness and goodwill.
• Develop Partnerships: Collaborate with local businesses, hotels, and event organizers for mutual referral programs.
• Offer Promotions and Loyalty Programs: Introduce discounts for first-time users and loyalty rewards for frequent customers to encourage repeat business.
• Utilize Email Marketing: Send out newsletters and promotional offers to keep your audience informed and engaged.
• Invest in Vehicle Branding: Wrap your taxis with your business logo and contact information to serve as mobile billboards.
• Encourage Customer Reviews: Prompt customers to leave reviews online to build trust and attract new clients.
• Advertise in Local Media: Use local newspapers, radio stations, and community bulletin boards for targeted advertising.

Focus on USPs

Unique selling propositions, or USPs, are the characteristics of a product or service that sets it apart from the competition. Customers today are inundated with buying options, so you’ll have a real advantage if they are able to quickly grasp how your taxi business meets their needs or wishes. It’s wise to do all you can to ensure your USPs stand out on your website and in your marketing and promotional materials, stimulating buyer desire.

Global pizza chain Domino’s is renowned for its USP: “Hot pizza in 30 minutes or less, guaranteed.” Signature USPs for your taxi business could be: 

• Eco-friendly taxi service – all-electric cars
• Bike taxis so you can see the sights of the city
• 24-hour limousines to travel in style anytime

You may not like to network or use personal connections for business gain. But your personal and professional networks likely offer considerable untapped business potential. Maybe that Facebook friend you met in college is now running a taxi business, or a LinkedIn contact of yours is connected to dozens of potential clients. Maybe your cousin or neighbor has been working in taxis for years and can offer invaluable insight and industry connections.

The possibilities are endless, so it’s a good idea to review your personal and professional networks and reach out to those with possible links to or interest in taxis. You’ll probably generate new customers or find companies with which you could establish a partnership.

Step 12: Build Your Team

If you’re starting out small from a home office, you may not need any employees. But as your business grows, you will likely need workers to fill various roles. Potential positions for a taxi business include:

• Taxi drivers – take fares, customer service
• Dispatcher – take bookings, dispatch drivers
• General Manager – staff management, accounting
• Marketing Lead – SEO strategies, social media

At some point, you may need to hire all of these positions or simply a few, depending on the size and needs of your business. You might also hire multiple workers for a single role or a single worker for multiple roles, again depending on need.

Free-of-charge methods to recruit employees include posting ads on popular platforms such as LinkedIn, Facebook, or Jobs.com. You might also consider a premium recruitment option, such as advertising on Indeed , Glassdoor , or ZipRecruiter . Further, if you have the resources, you could consider hiring a recruitment agency to help you find talent. 

Step 13: Run a Taxi Business – Start Making Money!

A taxi business is probably one of the easiest kinds of businesses to start. You just need a vehicle, some signage, and a taxi license. You can make good money, even just working by yourself with one car, but you can also grow your company until you have a fleet of taxis. 

Taxis are an industry worth over $60 billion, so why not grab a share of that fare? You understand the business side of things now, so go ahead and get on the road to entrepreneurial success! 

• Taxi Business FAQs

Yes! Believe it or not, the taxi industry is still worth over $60 billion in spite of competition from ride-sharing apps. If you market yourself well and provide great customer service, you can definitely make money with a taxi business.

For a taxi business, you can use various types of vehicles depending on your target market and local regulations. Common options include sedans, minivans, SUVs, or even specialized vehicles for specific purposes like wheelchair-accessible taxis.

First and foremost, reliability is crucial. Ensuring that taxis are available promptly and operate on time is essential. Excellent customer service, including courteous and knowledgeable drivers, clean and well-maintained vehicles, transparent and fair pricing, and easy booking and payment options, also play a significant role.

To ensure the safety and comfort of passengers in your taxis, prioritize regular maintenance and inspections of your vehicles to ensure they are in good working condition. Implement safety features such as functioning seatbelts, GPS tracking systems, and security cameras. Train your drivers in defensive driving techniques, customer service, and safety protocols. Keep the interior of the taxis clean and comfortable, with adequate legroom and temperature control options.

Utilize online platforms and mobile apps to make booking convenient and accessible for passengers. Offer competitive pricing, promotions, or loyalty programs to incentivize repeat business. Partner with local businesses, hotels, or airports to establish referral networks. 

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• Decide if the Business Is Right for You
• Hone Your Idea
• Brainstorm a Taxi Company Name
• Create a Taxi Business Plan
• Register Your Business
• Register for Taxes
• Fund your Business
• Apply for Taxi Business Licenses and Permits
• Open a Business Bank Account
• Get Business Insurance
• Prepare to Launch
• Build Your Team
• Run a Taxi Business - Start Making Money!

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• Business Plan for Taxi Company

Business plan for taxi service

• how will you stay ahead of your competitors;
• how will you meet the needs of potential customers;
• how you will attract employees.

5 Important steps for developing a taxi business plan

• Define the business concept.
• Do a competitor analysis.
• Calculate the market capacity in your city.
• Calculate the costs of starting a business.
• Calculate the payback period of investments.

Step 1. Define the business concept

Step 2. do a competitor analysis.

• how much the services cost;
• how fast the vehicle is served;
• what vehicle are in the fleet: make, appearance, year of manufacture;
• how professional and polite the drivers are;
• whether the drivers like their working conditions;
• how customers are attracted;
• what channels are used to advertise services.

Step 3. Calculate the market capacity in your city

Step 4. calculate the cost of starting a business, step 5. calculate the expected profit and payback period, taxi business plan sample.

• We have been working in the taxi market for more than 20 years and have become real experts in our field.
• We help companies around the world to start a taxi business.
• We support customers at every stage of the launch.
• We regularly analyze the work of different companies and help them optimize processes.
• We implement technical solutions that allow our customers to automate their work and. successfully compete with major aggregators.

Taxi business plan sample pdf

• Description of the taxi company's business model;
• Calculation of the market capacity;
• Calculation of the initial costs;
• List of the initial expenses;
• Calculation of the return on investment and payback period;
• Information on how to attract customers;
• Information on how to attract drivers;
• Information about the automation of business processes in a start-up company.

Taxi business plan xls

Get a working taxi business plan template from taxi master.

How to Write a Taxi Business Plan [Sample Template]

By: Author Tony Martins Ajaero

If you live in South Africa, or if you have ever visited South Africa, you will agree that the taxi cab line of business is an avenue to make good money. This is because if you don’t own an automobile, transporting yourself from one part of town to another can be challenging especially if you like comfort.

So, as an investor who is looking for a business to do in South Africa, one of your best options is to start a taxi cab business. It is important to note that starting a standard taxi cab business with over a handful of taxis and drivers needs significant investment capital, solid planning, and attention to details in order to keep your business profitable.

The truth is that if you are serious about starting a standard taxi cab company in any part of the world, you are expected to have done your feasibility studies and market survey before committing your capital in the business. Above all, you would need a workable business plan if indeed you want to build a profitable taxi cab company. The taxi cab company business plan template below will help you to draft your business plan with little effort on your part.

A Sample Taxi Business Plan Template

1. industry overview.

A taxi cab company provides comfortable and private transportation via automobiles for passengers. Taxi services are not operated on regular schedules or routes like buses that usually pick several passengers along the road. A report released by SA National Taxi Council (Santaco), shows that there are more than 200,000 minibus taxis in South Africa and they generate on the average more than R90 billion every year. The exact figure cannot be clearly stated because the industry in South Africa is largely unregulated, with no set fare among taxis and routes.

On their part, Reuters puts the annual revenue in the industry at closer to R50 billion. Based on the former figure, each taxi makes an annual revenue of approximately R450,000. Assuming that the taxi is in operation every day of the year, bar Christmas, the average income stream for a taxi in SA is around R1,236 per day, or R37,500 per month.

A recent report released by SATaxi a to taxi finance company shows that the average taxi travels 6,500 kilometers per month, while the South African National Taxi council says that the taxi industry employs more than 600,000 people and transports 15 million commuters on a daily basis.

SATaxi also says that each taxi creates seven jobs related to the industry, but reports show that taxi owners lose between 35 percent and 50 percent of fares that are pocketed by drivers through the cash based system.

The Taxi Services industry has experienced remarkable growth in South Africa. The growth of the SA economy has directly benefited the industry as business expense accounts have grown and clients have been more willing to spend on small luxuries such as taxi rides. In addition, increased demand from corporate travelers, tourists and private households is expected to result in steady growth for this industry.

When it comes to advertising your taxi services company in South Africa, there shouldn’t be any limit to how far you can go. You could start with handbills and distribute them in cooperate organizations and public places. If you have cash you can place advert spots on Newspapers, TV and Radio, and if you don’t have enough cash, you can start with the worldwide web. As a matter of fact, the internet has become one of the cheapest and most potent advertising platforms.

Over and above, taxi cab services businesses all over the world are still enjoying good patronage particularly if they have comfortable taxis, professional drivers, if they are well positioned and if they know how to reach out to their target market.

2. Executive Summary

Robert Xhosa® Taxi Cab, Inc. is a standard taxi cab company that is registered under the Companies and Intellectual Property Registration Office (CIPRO), the Department of Labor and the Department of Transport in South Africa.

Our company will be based in Johannesburg – South Africa and we will cover cities like Pretoria with Sandton, Vereeniging, Vanderbijlpark, Germiston, Roodepoort, Centurion, Krugersdorp and Kempton Park, and Tambo International Airport and some of the other major cities within the metropolis. We chose to operate in these cities because we know that our services will be in high demand due to the demographic composition of Johannesburg.

We are equipped with some of the finest cab drivers and comfortable cars to service our clients irrespective of their social and financial status. Our services will involve taxi services, taxi leasing, luxury and corporate sedan services, stretch limousines and buses etc. Although our intention of starting Robert Xhosa® Taxi Cab, Inc. is to offer only the above stated services, but we will not close our doors to diversification as long as it does not affect our core services.

We at Robert Xhosa® Taxi Cab, Inc. are in the pursuit of excellence and financial success with uncompromising services which is why we decided to start our taxi cab business. We are quite optimistic that our values and quality of service offering will help us drive Robert Xhosa® Taxi Cab, Inc. to enviable heights and also help us attract the number of clients that will make the business highly profitable.

We will be dedicated to establishing good business relationships with our clients by giving them value for their money and reasons for them to hire our services again.

We are quite aware that in order to become the number one choice in our city, we must continue to deliver quality and highly reliable services and that is exactly what we will do. We are open to the use of latest technology in the taxi cab services line of business.

No doubt, our excellent customer service and the quality of services we offer will position us to always welcome repeated customers and handle massive deals from both government and corporate organizations.

Our client’s best interest will always come first, and everything we do will be guided by our values and professional ethics. We will ensure that we hold ourselves accountable to the highest standards by meeting our client’s needs precisely and completely.

Robert Xhosa® Taxi Cab, Inc. is owned and managed by Robert Xhosa and his immediate family members. He studied Geography and Urban Planning from the University of Johannesburg, he is a member of South African National Taxi Council and he is well – equipped with the required qualifications and experience to position Robert Xhosa® Taxi Cab, Inc. to favorable compete with leading taxicab brands in South Africa.

3. Our Products and Services

Robert Xhosa® Taxi Cab, Inc. is a standard taxi cab company that is positioned to make profit and favorable compete with leaders in the industry and we are going to do all that is permitted by the law of South Africa to achieve our business aims and ambition.

Our services offering are listed below;

• Taxi pick up services
• Providing limousine services
• Providing luxury sedan services
• Providing chauffeur and personal driver services

4. Our Mission and Vision Statement

• Our vision is to become the go – to taxi cab company in the whole of Johannesburg with active presence in key cities all around South Africa.
• Our mission as a standard taxi cab company is to develop a highly successful business that provides quality automobile transportation services in our city and to become a standard for the ideal taxi cab business not only in Johannesburg but throughout South Africa.

Our Business Structure

We are quite aware that the success of any business lies in the foundation on which the business is built on, which is why we have decided to build our taxi cab services company on the right business foundation.

We want to build a business of dedicated workforce that will go all the way to ensure that our customers are satisfied and they get value for their money. We are aware that it takes a business with the right employees and structure to achieve all what we have set to achieve, which is why we will be putting structures and processes in place that will help us deliver excellent services and run the business on auto pilot. The success of our taxi cab services company will be anchored on the team not on any individual.

With the wide range of our service offerings, we are only expected to employ more than is required to run a conventional taxi cab services business. Definitely, we will have various employees to man the various services offering of Robert Xhosa® Taxi Cab, Inc. .

Robert Xhosa® Taxi Cab, Inc. will employ professionals and highly skilled people to occupy the following position;

• Chief Executive Officer

IT Specialist

Admin and HR Manager

Marketing and Sales Executive

• Professional Drivers
• Customer Care Executive/Front Desk Officer

5. Job Roles and Responsibilities

Chief Executive Office:

• Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions
• Creates, communicates and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy
• Responsible for fixing prices and signing business deals
• Responsible for providing direction for the business
• Responsible for signing checks and documents on behalf of the company
• Evaluates the success of the organization
• Accountable for installation, repair and maintenance of GPS car tracking device for the organization
• Responsible for managing the e – ticketing aspect of the business
• In charge of choosing the GPC car tracker components and software to be used and specifying the requirements for the project
• Monitors all our taxi that are plying different routes
• Responsible for overseeing the smooth running of HR and administrative tasks for the organization
• Designs job descriptions with KPI to drive performance management for clients
• Regularly hold meetings with key stakeholders to review the effectiveness of HR Policies, Procedures and Processes
• Maintains office supplies by checking stocks; placing and expediting orders; evaluating new products.
• Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs.
• Defines job positions for recruitment and managing interviewing process
• Carries out induction for new team members
• Responsible for training, evaluation and assessment of employees
• Responsible for arranging travel, meetings and appointments
• Oversees the smooth running of the daily office activities
• Identifies, prioritizes, and reaches out to new partners, and business opportunities et al
• Identifies development opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of relevant projects.
• Writes winning proposal documents, negotiate fees and rates in line with company policy
• Responsible for handling business research, marker surveys and feasibility studies for clients
• Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients
• Develops, executes and evaluate new plans for expanding sales
• Documents all customer contact and information
• Represents the company in strategic meetings
• Helps to increase sales and growth for the company
• Responsible for preparing financial reports, budgets, and financial statements for the organization
• creates reports from the information concerning the financial transactions recorded by the bookkeeper
• Prepares the income statement and balance sheet using the trial balance and ledgers prepared by the bookkeeper.
• Provides managements with financial analyses, development budgets, and accounting reports; analyzes financial feasibility for the most complex proposed projects; conducts market research to forecast trends and business conditions.
• Responsible for financial forecasting and risks analysis.
• Performs cash management, general ledger accounting, and financial reporting for one or more properties.
• Responsible for developing and managing financial systems and policies
• Responsible for administering payrolls
• Ensuring compliance with taxation legislation
• Handles all financial transactions for the company
• Serves as internal auditor for the company

Professional Drivers 

• Drives taxi cabs et al as assigned by the management
• Maintains a logbook of their driving activities to ensure compliance with federal regulations governing rest and work periods for operators.
• Keeps a record of vehicle inspections and make sure the cab is equipped with safety equipment
• Inspects vehicles for mechanical and safety issues and perform preventative maintenance
• Complies with taxi driving rules and regulations as well as with company policies and procedures
• Reports defects, accidents or violations

Client Services Executive/Front Desk Officer

• Welcomes guests and clients by greeting them in person or on the telephone; answering or directing inquiries.
• Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
• Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s services
• Manages administrative duties assigned by the manager in an effective and timely manner
• Consistently stays abreast of any new information on the company’s services, promotional campaigns etc. to ensure accurate information is supplied to clients
• Receives parcels/documents for the company
• Distribute mails in the organization
• Handles any other duties as assigned by the line manager

6. SWOT Analysis

A close study shows that taxi cab business is one of the many businesses that can easily generate sales with little stress as long as they are well positioned and equipped to carry out their services. We are building a standard taxi cab business with the intention of selling our franchise all across Africa which is why we have decided to subject our business to SWOT Analysis.

Ordinarily, we can successfully run a taxi cab service without the stress of writing a detailed business plan, but because we intend becoming leaders in this line of business, we don’t have any option other than to follow due process.

We hired the services of Mrs. Jacinta Zuma, a Business consultant with bias in startups to help us conduct SWOT analysis for our company and she did a pretty job for us. Here is a of the result we got from the SWOT analysis that was conducted on behalf of Robert Xhosa® Taxi Cab, Inc. .;

The strategic locations we intend covering, the Business model we will be operating on, ease of payment (e-Ticketing options), wide range of comfortable cars, highly trained and courteous drivers and of course our excellent customer service culture will definitely count as a strong strength for Robert Xhosa® Taxi Cab, Inc.

So also, we have a qualified team that can go all the way to give our clients value for their money; a team that are trained and equipped to pay attention to details.

A major weakness that may count against us is that we are a new taxi company and we don’t have the financial capacity to compete with multi – million dollar taxi cab companies that are already influencing the direction of the industry.

• Opportunities:

The fact that we are launching out in the heart of Johannesburg which is the largest city in South Africa, and is one of the 50 largest urban areas in the world, provides us with unlimited opportunities to market our services to a large number of corporate organizations, travel and tours agencies, hotels, government organizations and households.

We have been able to conduct thorough feasibility studies and market survey and we know what our potential clients will be looking for when they patronize our services; we are well positioned to take on the opportunities that will come our way.

Just like any other business, one of the major threats that we are likely going to face is economic downturn. It is a fact that economic downturn affects purchasing/spending power especially for luxury services like taxi cabs. Another threat that may likely confront us is the arrival of a new taxi cab company within same locations where we operate. Government policies can also pose a major threat to businesses such as ours.

7. MARKET ANALYSIS

• Market Trends

If you are conversant with the trends in the taxi industry in South Africa, you will notice the embrace of e-ticketing. The truth is that the taxi industry in South Africa has begun adopting e-ticket fare collection system, which will make commuters lives easier by not having to carry cash or worry about taxi drivers not having enough change for them. The e-ticketing project is expected to be expanded to other taxi routes, with the aim of completing a national rollout within five years.

In South Africa, the taxi e-ticketing system is owned and managed by FairPay and TaxiChoice – and the commercial arm of Santaco is currently the sole shareholder, with Curve Group Holdings as the primary technology partner. Chairman of TaxiChoice, Jothan Msibi, said the first phase – which is the JPM route – will enable commuters to load their FairPay cards via point of sale (POS) devices and kiosks at taxi ranks, though eventually these services will also be available in selected retail stores.

Aside from being able to process card payments, the equipment installed in taxis also contains a GPS device, and can act as a Wi-Fi hotspot, providing commuters with internet connectivity while they travel.

Technology has indeed played a major role in this industry; especially in cutting cost and enforcing safety and monitoring measures. There is hardly any taxi cab company that does not have GPS car tracker installed on all their cabs. It helps them in monitoring their fleets and also in planning and budgeting.

8. Our Target Market

Prior to choosing a location to launch our taxi company, we conducted our feasibility studies and market survey and we were able to identify those that will benefit greatly from our service offerings.

Those who will benefit from our service offering are households, corporate organizations, travel and tour agencies, hotels and government agencies. Below is a list of the people and organizations that our taxi cab services are designed for;

• Celebrities and public figures
• Even planners (limousine rental services for wedding and social functions)
• Travel and Tour Agencies
• Corporate Executives
• Business People

Our Competitive Advantage

The taxi cab business is easy to set up especially if you have the finance to acquire comfortable cars and the ability to run and manage a business. It means that the possibility of taxi cab business springing up in the location where our company is located is high. We are aware of this that is why we decided to come up with a business concept that will position us to become the leader in Johannesburg – South Africa.

We can confidently say that the strategic locations we intend covering, the Business model we will be operating on, ease of payment (e-ticketing options), free Wi-Fi services in all our taxis, wide range of highly reliable and comfortable cars, limousines and SUVs, highly trained and courteous drivers and of course our excellent customer service culture will definitely serve as competitive advantage for Robert Xhosa® Taxi Cab, Inc.

So also we have a qualified team that can go all the way to give our clients value for their money;. For the time being, Robert Xhosa® Taxi Cab, Inc. has no real competitors that can match the quality of services we offer and our business offerings. Our customer service will be customized to meet the needs of all our customers.

Lastly, all our employees will be well taken care of, and their welfare package will be among the best within our category in the industry. It will enable them to be more than willing to build the business with us and help deliver our set goals and achieve all our objectives.

9. SALES AND MARKETING STRATEGY

• Sources of Income

Robert Xhosa® Taxi Cab, Inc. is established with the aim of maximizing profits in the taxi cab services industry and we are going to go all the way to ensure that we do all it takes to attract clients on a regular basis.

We will ensure that we leverage on our strength and the opportunities available to us in South Africa market to generate enough income that will help us drive the business to stability. We will go all the way to explore every available sources of income in the Taxi cab services industry.

Below are the sources we intend exploring to generate income for Robert Xhosa® Taxi Cab, Inc. .;

10. Sales Forecast

One thing is certain, there would always be corporate organization and individual clients who would need the services of taxi cab companies.

We are well positioned to take on the available market in Johannesburg and we are quite optimistic that we will meet our set target of generating enough profits from our first six months of operation and grow our taxi cab services business and our clientele base.

We have been able to examine the taxi cab services market, we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. The sales projections are based on information gathered on the field and some assumptions that are peculiar to similar startups in Johannesburg – South Africa.

• First Fiscal Year: R200,000
• Second Fiscal Year: R550,000
• Third Fiscal Year: R950,000

N.B : This projection was done based on what is obtainable in the taxi cab industry and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor offering same services as we do within the same location. Please note that the above projection might be lower and at the same time it might be higher.

• Marketing Strategy and Sales Strategy

The marketing strategy for Robert Xhosa® Taxi Cab, Inc. is going to be driven by excellent customer service, honesty and quality service delivery. We will ensure that we build a loyal customer base. We want to drive sales via the output of our jobs and via referrals from our satisfied customers. We are quite aware of how satisfied customers drive business growth especially businesses like taxi cab services.

Robert Xhosa® Taxi Cab, Inc. is strategically located and we are going to maximize the opportunities that are available which is why we spent more to locate the business in a location that will be visible and enable us to access our target market.

Our sales and marketing team will be recruited based on their vast experience in the industry and they will be trained on a regular basis so as to meet their targets and the overall goal of Robert Xhosa® Taxi Cab, Inc. Robert Xhosa® Taxi Cab, Inc. is set to make use of the following marketing and sales strategies to attract clients;

• Introduce our taxi cab services business by sending introductory letters alongside our brochure to corporate organizations, travel and tour agencies, hotels, event planners, households and key stake holders all across Johannesburg, Pretoria with Sandton, Vereeniging, Vanderbijlpark, Germiston, Roodepoort, Centurion, Krugersdorp and Kempton Park, and Tambo International Airport and some of the other major cities within the metropolis
• Print out fliers and business cards and strategically drop them in offices, car parks, libraries, public facilities and train stations et al.
• Use friends and family to spread word about our business
• Post information about our company and the services we offer on bulletin boards in places like car parks, schools, libraries, and local coffee shops et al
• Place a small or classified advertisement in the newspaper, or local publication about our company and the services we offer
• Leverage on referral networks such as agencies that will attract clients who would need our services
• Advertise our taxi cab services company in relevant magazines, newspapers, TV, and radio stations.
• Attend relevant automobile expos, seminars, and business fairs et al to market our services
• Engage in direct marketing approach
• Encourage the use of Word of mouth marketing from loyal and satisfied clients
• Join local chambers of commerce and industry to market our product and services

11. Publicity and Advertising Strategy

Robert Xhosa® Taxi Cab, Inc. is set to establish a standard for Taxi cab businesses in Johannesburg and throughout South Africa which is why we will go all the way to adopt and apply best practices to promote our business. Good enough there is no hard and fast rules on how to advertise or promote a taxi cab business.

The challenge is that most small taxi cab companies do not have the required money to pump into publicity and advertising. The cash they have are usually reserved to take care of overhead and operational cost. Here are the platforms we intend leveraging on to promote and advertise Robert Xhosa® Taxi Cab, Inc;

• Encourage our loyal customers to help us use Word of Mouth mode of advertisement (referrals)
• Advertise our business in relevant magazines, local newspaper, local TV and radio stations
• Promote our business online via our official website
• List our business on local directories (yellow pages)
• Sponsor relevant community programs
• Leverage on the internet and social media platforms like Instagram, Facebook, twitter, et al to promote our brand
• Install our billboards in strategic locations in and around Johannesburg
• Direct coupon mailing approach
• Engage in roadshows from time to time in target communities in and around Johannesburg
• Distribute our fliers and handbills in target areas in and around Johannesburg
• Advertise our company in our official website and employ strategies that will help us pull traffic to the site.
• Ensure that all our staff members and drivers wear our branded shirts and all our taxi are branded with our company logo

12. Our Pricing Strategy

Our pricing system is going to be based on what is obtainable in the taxi cab services line of business in Johannesburg – South Africa, we don’t intend to charge more (except for premium and customized services) and we don’t intend to charge less than our competitors are offering.

Be that as it may, we have put plans in place to offer discount services once in a while and also to reward our loyal customers especially when they refer clients to us or when they pay in advance for upward of 3 months. The prices of our services will be same as what is obtainable in the open market and it will be based on miles covered and time.

• Payment Options

The payment policy adopted by Robert Xhosa® Taxi Cab, Inc. is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of South Africa.

Here are the payment options that Robert Xhosa® Taxi Cab, Inc. will make available to her clients;

• Payment with cash
• Payment via online bank transfer
• Payment via check
• Payment via mobile money transfer

In view of the above, we have chosen banking platforms that will enable our clients make payments for our services without any stress on their part. Our bank account numbers will be made available on our website and promotional materials to clients who may want to deposit cash or make online transfer for our services.

13. Startup Expenditure (Budget)

From our market survey and feasibility studies, we have been able to come up with a detailed budget on achieving our aim of establishing a standard taxi cab company in Johannesburg – South Africa and here are the key areas where we will spend our startup capital;

• The total fee for incorporating the business in South Africa – Name reservation application costs R50 and company registration R125
• The budget for permits and license – R1,000
• The cost for hiring Consultant – R2,500.
• The cost for computer software apps (Accounting Software, Payroll Software, CRM Software, Microsoft Office) – R7,000
• The budget for insurance (general liability, workers’ compensation and property casualty) coverage at a total premium – R5,400.
• Cost for payment of rent for a suitable Office facility for 12 months at R1.76 per square feet in the total amount of – R65,600.
• The cost for Start-up inventory (fueling, car tracking devices and accessories) – R50,000
• The cost for office remodeling (construction of racks and shelves) – R7,000.
• The total cost for financing the acquisition of the first set of cars and limousines – R200,000
• The cost for equipping the office (computers, printers, fax machines, furniture, telephones, filing cabins, safety gadgets and electronics et al) – R15,000
• Other start-up expenses including stationery ( R500 ) and phone and utility deposits ( R2,500 ).
• Operational cost for the first 3 months (salaries of employees, payments of bills et al) – R30,000
• The cost of launching our official website – R600
• The cost for our grand opening party: R15,000
• Additional Expenditure (Business cards, Signage, Adverts and Promotions et al) – R5,000

Going by the report from the market research and feasibility studies conducted, we will need over three hundred and fifty thousand ( R350,000 ) South African Rand to successfully set up a small scale but standard taxi cab company in Johannesburg – South Africa.

Generating Startup Capital for Robert Xhosa® Taxi Cab, Inc. .

Robert Xhosa® Taxi Cab, Inc. is a business that will be owned and managed by Robert Xhosa and his immediate family members. They are the sole financiers of the business which is why they decided to restrict the sourcing of the startup capital for the business to just three major sources.

These are the areas we intend generating our startup capital;

• Generate part of the startup capital from personal savings and sale of stocks
• Generate part of the startup capital from friends and other extended family members
• Generate a larger chunk of the startup capital from the bank

N.B: We have been able to generate about R100,000 ( Personal savings R80,000 and soft loan from family members R20,000 ) and we are at the final stages of obtaining a loan facility of R250,000 from our bank. All the papers and documents have been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.

14. Sustainability and Expansion Strategy

The future of a business lies in the number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and business structure. If all of these factors are missing from a business, then it won’t be too long before the business close shop.

One of our major goals of starting Robert Xhosa® Taxi Cab, Inc. is to build a business that will survive off its own cash flow without injecting finance from external sources once the business is officially running. We know that one of the ways of gaining approval and winning customers over is to offer our taxi services a little bit cheaper than what is obtainable in the open market. We are prepared to survive on low profit margins for a short time.

Robert Xhosa® Taxi Cab, Inc. will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare is well taken of. Our company’s corporate culture is designed to drive our business to greater heights and training and re – training of our workforce is at the top burner.

We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.

Check List/Milestone

• Business Name Availability Check: Completed
• Business Registration: Completed
• Opening of Corporate Bank Accounts: Completed
• Securing Point of Sales (POS) Machines: Completed
• Opening Mobile Money Accounts: Completed
• Opening Online Payment Platforms: Completed
• Application and Obtaining Tax Payer’s ID: In Progress
• Application for business license and permit: Completed
• Purchase of Insurance for the Business: Completed
• Acquiring facility with enough parking lots and remodeling the facility: In Progress
• Acquiring of cars and limousines: In Progress
• Conducting Feasibility Studies: Completed
• Generating capital from family members: Completed
• Applications for Loan from the bank: In Progress
• Writing of Business Plan: Completed
• Drafting of Employee’s Handbook: Completed
• Drafting of Contract Documents and other relevant Legal Documents: In Progress
• Design of The Company’s Logo: Completed
• Printing of Promotional Materials: In Progress
• Recruitment of employees: In Progress
• Purchase of the needed car tracker, e – ticketing devices, Wi – Fi devices, electronic appliances, office appliances etc: In progress
• Creating Official Website for the Company: Completed
• Creating Awareness for the business both online and in the neighborhood: In Progress
• Health and Safety and Fire Safety Arrangement (License): Secured
• Opening party/launching party planning: In Progress
• Establishing business relationship with key stakeholders in the industry: In Progress

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Le formalisme de ce document conviendra aux banques et aux financeurs, raison de plus pour l’utiliser en toute confiance. Surtout, ce plan financier vous permettra de faire le point sur votre projet : statut juridique, frais de démarrage, chiffre d’affaires, charges fixes, etc.

Business plan taxi Excel : le niveau d’investissement à prévoir

S’installer en tant que taxi à son compte demande un certain niveau d’ investissement financier . Il faudra notamment prévoir dans le business plan taxi Excel :

• le coût de la formation de départ (de 400 € à 1000 € voire plus),
• le coût de l’ examen pour obtenir le certificat de capacité professionnelle (environ 200 €),
• le coût d’obtention de la carte professionnelle (environ 60 €),
• le coût d’achat de la licence (autorisation de stationnement ADS ou « plaque ») ou coût de location-gérance. A noter que seule les ADS délivrées avant le 1er octobre 2014 sont cessibles,
• l’ achat du véhicule et son équipement intérieur,
• l’achat d’un taximètre (compteur pour l’affichage des prix des courses),
• l’achat d’une imprimante connectée au compteur pour l’édition de notes (il est obligatoire de remettre la note au client),
• l’acquisition d’un terminal de paiement CB,
• l’acquisition d’un smartphone de qualité pour pouvoir consulter les applications officielles des taxis, notamment pour la maraude électronique,
• le coût d’apposition de la plaque sur le véhicule,
• l’achat d’un dispositif lumineux aux normes, affichant « taxi »,
• le coût du contrôle technique (une fois par an),
• ou encore la nécessité de disposer d’une réserve financière ou « trésorerie de démarrage ».

A noter que les tarifs sont réglementés et variables en fonction du département, de l’horaire jour/nuit ou du type de course : à vous d’adapter vos hypothèses de chiffre d’affaires dans votre business plan taxi en fonction.

A noter aussi qu’il faut au minimum 3 ans d’exploitation effective pour pouvoir demander un agrément préfectoral de transport sanitaire , ce qui reviendra à être conventionné par la CPAM pour pouvoir transporter des malades, et ainsi diversifier son chiffre d’affaires.

Ce modèle de plan financier conviendra que vous possédiez votre propre licence de taxi ou que vous soyez locataire d’une licence. Dans ce dernier cas, il faudra bien sûr inclure le coût de location de la licence dans la partie charges fixes !

Voici donc un business plan taxi Excel, modèle gratuit à télécharger.

Business plan taxi Excel : téléchargez votre modèle gratuit

Cliquez ci-après pour télécharger votre modèle de business plan taxi Excel , c’est gratuit, immédiat et sans inscription :

Le document que nous vous proposons est pré rempli avec un exemple fictif pour le démarrage d’une activité de taxi en région parisienne, avec un coût d’achat de licence de 140 000 €. A vous d’adapter ces hypothèses comme bon vous semble !

Mais lisez bien ce qui suit avant de commencer à utiliser votre business plan taxi.

Business plan taxi Excel : comment ça marche ?

Le fonctionnement du document est très simple : saisissez vos données et informations dans le premier onglet ( cellules bleues ) et votre business plan taxi apparaîtra automatiquement dans le deuxième onglet . Seul le premier onglet est modifiable.

Vous aurez notamment à remplir les cellules et tableaux suivants :

• choix du statut juridique : le chauffeur de taxi est un artisan qui peut exercer en micro-entreprise, entreprise individuelle, EURL, SASU… Cliquez ici pour simuler le meilleur choix de statut juridique si vous avez un doute,
• besoins de démarrage : tentez de ne rien oublier. La liste présence en tête de cet article devrait pouvoir vous aider,
• durée d’amortissement : cela concerne notamment la durée de vie de votre véhicule, par exemple 7 ans,
• financement des besoins de démarrage : indiquez l’apport personnel, le montant du prêt bancaire, etc,
• charges fixes : par exemple les assurances, les consommables, l’entretien du véhicule…
• chiffre d’affaires : à calculer en fonction des tarifs officiels pour votre département (ne pas hésiter à construire un tableau annexe),
• charges variables : il s’agit des frais de carburant. Par exemple, si les frais de carburant représentent 10% de votre chiffre d’affaires, indiquez simplement 10%,
• votre rémunération : indiquez un montant net de toutes charges, les cotisations sociales se calculant automatiquement.

D’autres modèles de documents incontournables pour votre création d’entreprise

Au-delà de ce business plan taxi Excel, cliquez ci-après pour obtenir nos modèles de documents incontournables :

• un modèle d’étude de marché Word
• un modèle de plan d’affaires rédigé sous Word

Vous pouvez noter cet article :

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