Taxi Business Plan. City Taxi. Plan Outline • Executive Summary • Company Summary • Services • Market Analysis Summary • Strategy and Implementation Summary Ordinarily we can successfully run a normal taxi and limousine services business without the stress of going through the required protocol of setting up a new business including writing a detailed business plan, but because of the fact that we intend becoming of the leaders in this line of business we want to establish, we don’t have any option other than to follow due blogger.comted Reading Time: 10 mins Mar 14, · Write down vision, mission and aim of your business. You should develop a precise vision and mission and mission statement for your taxi business and write it down in your taxi business plan. Your vision could be to start a number one taxi service in your state that gives kids taxi service or any other taxi blogger.comted Reading Time: 10 mins
Taxi Business Plan [ Updated] | Upmetrics
Executive Summary City Taxi is a San Francisco, CA based company, whose mission is to provide reliable, timely, and safe cab services by using complete, in-car credit and debit card access, business plan for a taxi business, along with computer-aided dispatch. The company will establish its presence in the industry by acquiring business plan for a taxi business existing taxi cab association, Mighty Cab, a family-owned business that was formed 12 years ago.
City Taxi will provide complete taxi cab services using the latest equipment and technology to facilitate the travel of individuals in and around the San Francisco area.
The company's products and services show that we are an innovative, forward thinking company that recognizes the need to move with ever-changing customer needs.
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 company has drivers and employees that are helpful, courteous, and fully trained on the use of the computer dispatch system. As an added safety measure for both drivers and passengers, City Taxi cabs are fitted with Global Positioning Systems GPSwhich enable the cabs to be tracked or located in an emergency. All City Taxi cabs will be clean, well maintained, and inspected regularly for safety and comfort.
The company's strategy is to build reputation and market share by establishing our business offering as a viable alternative to existing taxi cab services in the area. The company's long-term goal is be the top rated ground transportation company in San Francisco.
Companies with whom City Taxi competes are Transportation, Inc. The company has a competitive advantage, however, because our technology is unique to the taxi industry in San Francisco, business plan for a taxi business.
Reliable communications are essential under all circumstances in this business. As such, City Taxi will use the KDT system. The KDT system design provides multiple levels of reliability to assure communications will be maintained under the most rigorous condition.
The company will also run a state of the art call center that will be established by Rockwell International. This funding will cover the purchase of Mighty Cab, marketing, business plan for a taxi business, purchase of extra vehicles, software, and hardware.
The company's goal in the next two to five years is be the top rated ground transportation company in the San Francisco Metro Area by continuously monitoring, evaluating, and following up on customer call- ins. Establish Relationship with Rockwell International. The company is currently working to establish and develop a working relationship with Rockwell International. This will enable City Taxi to lock into the many services that they offer including, but not limited to:. City Taxi has a unique Global Positioning System GPS that pinpoints the nearest driver, thus allowing the driver to give an accurate ETA.
This system is the first of its kind in San Francisco and is convenient for both the passenger and driver because approval is given instantly, business plan for a taxi business.
The swipe machine is located in the back seat, giving the passenger privacy. City Taxi is already in advanced discussions with TCI Media Services to provide advertising services and market research. The company's management is highly experienced and qualified and has extensive experience in the industry. The company has, and will continue to establish, relationships with organizations that will enhance professional growth. These alliances are valuable to City Taxi because they allow us to get updates on technology, added tech support, and a strong presence in the market.
City Taxi has the exclusive rights to the latest taxi cab software in San Francisco. City Taxi was founded in in San Francisco, California, by Mr. Johnson Taylor, business plan for a taxi business. The company is a California C- Corporation under the name Patriot, Inc. City Taxi. The company will leverage the newest in car technology to dominate the credit card segment of the market.
City Taxi will dominate the market because no other company has this unique feature. The company's strategy is to build reputation and market share in our target market by establishing our business offering as a viable alternative to existing taxi cab services. City Taxi intends to get the confidence of customers and establish itself as a company that provides superior business plan for a taxi business service by using up to date technology to provide timely and reliable services.
That is the intent of this plan: to increase sales by utilizing our competitive advantages and by the acquisition of a rival taxi company. Past Performance The company's view of its risks, as well as how each is being addressed, is as follows:.
City Taxi is aware that this is an extremely difficult industry to get into. To mitigate this risk, City Taxi has established an alliance with the leading cab company in the San Francisco area, Transportation, Inc.
The alliance will allow City Taxi to run under their color scheme. Another way in which the company plans to mitigate this risk is by acquiring an existing cab company, Mighty Cab. City Taxi will have to acquire extensive insurance to cover all aspects of operations, but will be faced with high rates, business plan for a taxi business.
To lessen this risk, City Taxi plans to use the relationship with Transportation, Inc. to run under their insurance companies, First Insurance of San Francisco and Columbia Insurance. Alternatively, the company plans to purchase insurance from Newark Insurance and Amalgamated Insurance, which offer lower rates. This will also bring leverage in negotiating with Transportation, Inc. City Taxi realizes that it is difficult to locate a facility with the space required for all operations.
City Taxi has found a facility with ample space for all operations. There is enough room to set up repair facilities, and there is adjacent space to store vehicles. City Taxi's call center allows us to provide a timely service by picking up the closest vehicle when a call comes in. Services City Taxi provides taxi services utilizing computer dispatch to help with timely pick up and quality customer care. The software and hardware systems used by City Taxi give customers convenience by allowing them to use credit and debit cards in the taxi.
The taxi driver is often the first contact that a visitor has with San Francisco and as such, City Taxi realizes the importance of first impressions and customer care. The company's customer-oriented philosophy and its commitment to service are reflected in the careful selection of drivers and the comprehensive training program. Customers can expect the following high standards when they travel with City Taxi:. This division of City Taxi deals with the pure maintenance of vehicles.
Drivers will be charged at discounted rates for tune-ups, wheel alignments, and other repairs. City Taxi has a unique Global Positioning System GPS that pinpoints the nearing driver thus allowing the driver to give an accurate estimated time of arrival.
RADIO SYSTEM. Reliable communications are essential under all circumstances. City Taxi will use the KDT system design because it provides multiple levels of reliability to assure communications will be maintained under the most rigorous condition. This involves customers using their debit cards in any City Taxi cab with approval being given instantly, eliminating the need to dial in to head office for approval numbers.
By using this system, the company will be addressing the need for convenience and reliability. City Taxi also features a computer- aided dispatch system which will be represented under the Patriot name.
The company is currently business plan for a taxi business the process of making Patriot a trademark.
The company has also applied for a license to run a narrow band frequency and voice data transmission. From the perspective of customers, the advantage of City Taxi's products and services is the high level of technology, which leads to superior customer service.
In contrast to competitors, City Taxi's products and services offer convenience, business plan for a taxi business. The key pad and swipe machine are built into the back seat, thus giving the customer privacy. City Taxi believes it can capture this niche and a gain in overall market share. Additional plans for next generation products and services include rent to own options for our drivers.
Introduction of the company's next generation product and services is expected to be within 12 months. The company believes that the major future trend in the industry will be complete credit card access for consumers. The International Taxi Livery Association ITLA forecasts a very steady growth for the taxi industry in the next four years.
Market Size Statistics: Estimated number of U. establishments 6, Number of people employed in this industry 49, Average employees per establishment City Taxi's focus will be on the credit card market with target customers in the low to mid income range in the Metropolitan San Francisco area. The target customers business plan for a taxi business motivated to use our services over that of competitors because of the convenience and quality associated with our services.
We work with one goal in mind: to get customers where they want to go, when they want to go, promptly, efficiently, comfortably, and safely. Market Analysis This category covers establishments engaged primarily in furnishing passenger transportation by automobiles not operated on regular schedules or between fixed terminals. Taxi cab fleet owners and organizations are included, regardless of whether drivers are hired, rent their cabs, or are otherwise compensated.
InU. That year, approximately 32, were employed in business plan for a taxi business industry as owners, managers, drivers, dispatchers, or mechanics. Since the mid- 's, when a trend toward independent contracting among drivers developed, three out of every four drivers became independent contractors licensed through, and renting their vehicles from, the taxi companies.
Overall, the U. taxi industry consisted ofvehicles in Of these,were licensed taxis and 16, were hired cars, also referred to as executive sedans or liveries. The remainder was minibuses or vans, many of which were wheelchair-accessible for transporting the elderly and disabled. Most taxi companies followed a similar organizational pattern.
Managers, sometimes the company owners' ran the business, hired drivers, and performed other administrative duties. Dispatchers took calls and assigned cabs to passenger locations.
The position of dispatcher once represented a promotion awarded to experienced cab drivers, whose familiarity with the city best qualified them for the job.
BUSINESS TIPS: What About Taxi Business? - Q\u0026A
, time: 2:47Taxi Business Plan Sample [ Updated] | blogger.com
If you want to start a new taxi business, the first thing you will need is a business plan. Use our sample Metro Cabs - Taxi Business Plan created using upmetrics business plan software to start writing your business plan in no time Taxi Business Plan. City Taxi. Plan Outline • Executive Summary • Company Summary • Services • Market Analysis Summary • Strategy and Implementation Summary Mar 14, · Write down vision, mission and aim of your business. You should develop a precise vision and mission and mission statement for your taxi business and write it down in your taxi business plan. Your vision could be to start a number one taxi service in your state that gives kids taxi service or any other taxi blogger.comted Reading Time: 10 mins
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