Household Our Competitive Advantage Taxi cab and limousine services business is an easy to set up business especially if you have the finance to acquire comfortable cars and the ability to run and manage a business.
Providing chauffeur taxi business plan documentation personal driver services 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 Taxi business plan documentation — South Africa.
R, Second Fiscal Year: R, Third Fiscal Year: Please note that the above projection might be lower and at the same time it might be higher. 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. 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.
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. Ensure that all our staff members and drivers wear our branded shirts and all our taxi are branded with our company logo 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 R The budget for permits and license — R1, The cost for hiring Consultant — R2, Cost for payment of rent for a suitable Office facility for 12 months at R1.
The cost for Start-up inventory fueling, car tracking devices and accessories — R50, The cost for office remodeling construction of racks and shelves — R7, The total cost for financing the acquisition of the first set of cars and limousines — R, The cost for equipping the office computers, printers, fax machines, furniture, telephones, filing cabins, safety gadgets and electronics et al — R15, Other start-up expenses including stationery R and phone and utility deposits R2, Operational cost for the first 3 months salaries of employees, payments of bills et al — R30, The cost of launching our official website — R The cost for our grand opening party: R15, Additional Expenditure Business cards, Signage, Adverts and Promotions et al — R5, Going by the report from the market research and feasibility studies conducted, we will need over three hundred and fifty thousand R, South African Rand to successfully set up a small scale but standard taxi cab company in Johannesburg — South Africa.
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.
We have been able to generate about R, Personal savings R80, and soft loan from family members R20, and we are at the final stages of obtaining a loan facility of R, 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.
Taxi Business Plan in South Africa — 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.
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.
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.
City Taxi taxi business plan strategy and implementation summary. City Taxi is an established taxi cab company in San Francisco. Sales Strategy At City Taxi, the sales process is the same for each of City Taxi's two areas: taxi cab services and maintenance and repair services. The company intends to establish its presence online by developing a website from which sales will be generated/5(11). Free Taxi Service Business Plan For Raising Capital from Investors, Banks, or Grant Companies! Please note that the financials in this complete free business plan are completely fictitious and may not match the text of the business plan below.
Completed Opening of Corporate Bank Accounts: Completed Opening Mobile Money Accounts: Completed Opening Online Payment Platforms: 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 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 Establishing business relationship with key stakeholders in the industry:Mar 14, · Taxi documents vary from state to state, and according to state laws, however, vehicle permits, a vehicle for service permit, drivers form, commercial driver license, insurance proofs are important documents for the taxi business.
Write down all required documents for your business in your taxi company proposal. SWOT analysis to start a taxi company.5/5(1).
|A Sample Taxi Cab Business Plan Template | ProfitableVenture||Pinterest Email A taxi business is a potentially profitable venture that you can invest on particularly if you live in the city and there are plenty of people who need the services of cabs. The taxi business is also a good business idea especially nowadays that people are already acknowledging the advantages of using public transportation over driving their own cars.|
|Currently, the economic market condition in the United States is moderate. The meltdown of the sub prime mortgage market coupled with increasing gas prices has led many people to believe that the US is on the cusp of an economic recession.|
If you are looking for a sample taxi cab business plan template, here is a business plan for starting an inter and intra-state taxi business and free feasibility report you can use.. TAXI COMPANY BUSINESS PLAN SAMPLE PDF / DOC. The taxi services business is one that provides private automobile transportation services to passengers.
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At City Taxi, our philosophy is one that emphasizes service, and a realization that effective communication is a key component in our business. The company also realizes that, in a competitive environment, flexibility and professionalism maintain that leading edge.
The easy part is creating a document that has the right sections - the hard part is the analysis and research that goes into creating a Business Plan that is actually a strong and accurate representation of the work necessary to launch the business. Taxi business can sometimes be tough but the income would wipe away this all negative sides.
Free Taxi Service Business Plan For Raising Capital from Investors, Banks, or Grant Companies! Please note that the financials in this complete free business plan are completely fictitious and may not match the text of the business plan below.