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.
It means that the possibility of taxi cab and limousine services 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 Miami — Florida.
Our competitive edge is that we are a standard and well equipped taxi cab and limousine services company that is positioned to handle both corporate clients and individual clients. So also we have a well — experienced and 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.
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 startups taxi cab and limousine services businesses in the United States 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 business aims and objectives. We will ensure that we build a loyal customer base. We want to drive sales via the output of our jobs and via referral from our satisfied customers.
We are quite aware of how satisfied customers drive business growth especially businesses like taxi cab and limousine rental services. 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 Placing 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 customized services Advertise our taxi cab and limousine rental services company in relevant magazines, newspapers, TV stations, and radio station.
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.
We will ensure that we leverage on our strength and the opportunities available to us in the U. We will go all the way to explore every available sources of income in the Taxi cab and Limousine rental services industry.
We have been able to critically examine the taxi cab and limousine rental services market and 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 Miami — Florida. 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 rule on how to advertise or promote a taxi cab and limousine rental services business. The challenge is that most small and startups taxi cab and limousine services companies do not have the required money to pump into publicity and advertising.
The cash they have will be reserved to take care of overhead and operational cost. We will ensure that we leverage on all conventional and non — conventional publicity and advertising technique to promote our taxi cab and limousine rental services business.
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 well branded with our company logo et al.
Start — Up Expenditure Budget In setting up any business, the amount or cost will depend on the approach and scale you want to undertake. If you intend to go big by renting a place, then you would need a good amount of capital as you would need to ensure that your employees are well taken care of, and that your facility is conducive enough for workers to be creative and productive.
This means that the start-up can either be low or high depending on your goals, vision and aspirations for your business.
The tools and equipment that will be used are nearly the same cost everywhere, and any difference in prices would be minimal and can be overlooked. As for the detailed cost analysis for starting a taxi cab and limousine rental services business; it might differ in other countries due to the value of their money.
The cost of Launching a Website: They are the sole financial of the business which is why they decided to restrict the sourcing of the start — up capital for the business to just three major sources.
These are the areas we intend generating our start — up capital; Generate part of the start — up capital from personal savings and sale of his stocks Generate part of the start — up capital from friends and other extended family members Generate a larger chunk of the startup capital from the bank loan facility.
All the papers and document has been duly signed and submitted, the loan has been approved and any moment from now our account will be credited. Taxi Cab Business Plan — Sustainability and Expansion Strategy The future of a business lies in the numbers of loyal customers that they have and the capacity and competence of the employees, their investment strategy and the business structure.
We know that one of the ways of gaining approval and winning customers over is to offer our services a little bit cheaper than what is obtainable in the open market. We are well prepared to survive on a low level profits margin for a short period of time.
As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of ten years or more.
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.
Completed Opening of Corporate Bank Accounts: Completed Opening Mobile Money Accounts:Plan and present your business ideas with our free and easy Business Plan vetconnexx.com Help, Chat, Phone · % Quality Guaranteed · Trusted Legal Forms · Preview Your Document/10 (2, reviews).
The executive summary page of the vetconnexx.com taxi service sample marketing plan Our Brands: Search. Sample Marketing Plans This sample marketing plan was created with Marketing Plan Pro software. Executive Summary a veteran of the transportation business. Sam has a degree in business and mathematics from Case Western .
Most of the sample business plans you find out there focus on the stuff: meters, cars, insurance, office, radio, etc. 15 Responses to “How To Create A Taxi Business Plan That Will Work For You” 17 Mistakes You Must Avoid That Can Ruin Your Taxi Business Plus An Outrageous Bonus: FREE Strategy Session With Mr.
Tom Terrence. The taxi cab company business plan template below will help you to draft your business plan with little effort on your part. Taxi Industry Overview A taxi cab company provides comfortable and private transportation via automobiles for passengers.
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.
If YES, here is a complete sample taxi cab business plan template & feasibility report you can use for FREE. Okay, so we have considered all the requirements for starting a taxi business.
We also took it further by analyzing and drafting a sample taxi cab service marketing plan template backed up by actionable guerrilla marketing ideas for.