How do I start my own taxi service?

Arun Kumar

  1. Find An Equipments & Vehicle: Look up cars that already been modified for public taxi service, because buying a new car for taxi service will consume your time, money and effort.
  2. Get License and Insurance:
  3. Engage Drivers & Employees:
  4. Promote your service:

How much does a taxi owner make?

Over shorter-distance routes (like a 23km trip between Soweto and Johannesburg), operator profits are around R25,000 a month, while longer distance trips (like the 595km trip between Joburg and Durban) can lead to profits of around R37,000 per month, the group said.

Does taxi business pay in Kenya?

Yes, the taxi business is profitable in Kenya and you can make 7,000 shillings a day or more depending on the service you offer. The demand for taxis keeps getting bigger as more Kenyans become wealthier and more car owners avail themselves of their cars for taxis services.

How do I become a successful taxi driver?

How to Be a Successful Taxi Driver

  1. Ensure the passenger has a good trip. First and foremost the passenger must reach their destination with no issues.
  2. Safety is key.
  3. Know your routes.
  4. Keep your car clean.
  5. Read the passengers mood.
  6. Offer the passenger extras.
  7. Remind them to leave positive feedback.

What is the future of the taxi industry?

6 billion in 2020, and it is estimated to reach USD 327. 54 billion by 2026, at a rate of 8. 95 % over the forecast period (2021-2026). In 2020, the global taxi market experienced significant damage due to COVID-19, with lockdowns and restricted moments the demand for taxi.

Do taxi owners pay tax?

”This means that the vast majority of taxi operators and owners are declaring no corporate tax income at all, and are not paying payroll tax for their drivers and employees. ”It is illegal to under-declare income and to evade paying taxes.

How much does it cost to join taxi Association?

Get a suitable vehicle to use; Get your business registered with the Companies and Intellectual Property Commission; it may cost about 415 Rands; Employ drivers with valid drivers licenses.

Is cab service profitable?

The taxi cab business is making huge profits given this exponentially growing demand. The main motto of any business is “Make huge profit with less investment.” The taxi business has proven to be the most efficient business module in this booming taxi business-oriented world.

How do I become a taxi driver in Kenya?

Driver document requirements in Kenya

  1. Passport photo.
  2. National ID.
  3. A valid Police Clearance Certificate from DCI.
  4. Driver’s regular driving license.
  5. Driver’s PSV License (Badge) issued by the NTSA (only for car drivers)
  6. Vehicle Logbook/Sales Agreement.
  7. Vehicle’s NTSA Inspection sticker/report.
  8. Vehicle’s PSV insurance sticker.

Which is the most profitable business to start in Kenya?

Here is a list of the most profitable businesses to start in Kenya:

  • Car wash businesses.
  • Laundry Business in Kenya.
  • Cosmetics Business in Kenya.
  • Spare-parts sales Business in Kenya.
  • Travel agency business in Kenya.
  • Computer Sales Business in Kenya.
  • Food sales Business in Kenya.
  • Landscaping Business in Kenya.

How to start a taxicab business?

Taxi business is a community business so, write down about those who are likely to use your taxi e.g. executives, children or patients. Discuss the location of your main office of the company and route of the taxi like in the central plaza of the city. Write down Taxi company overview.

Is the taxi service business expanding rapidly?

Many hotels and bars also hire taxi services for their customers whereas many big companies also offer Limousine Taxi services. Thus, Taxi service business is expanding rapidly. Increase in the taxi business also bringing the new competitors in the market on a daily basis. How to start a taxi business?

How do I become a self employed taxi driver?

How Do You Become A Self Employed Taxi Driver? 1 Hold a full driver’s license for at least 12 months 2 Be aged 21 or older 3 Provide evidence that you have the right to live and work in the area 4 Pass a DBS and CRB check 5 Pass an in-depth medical exam 6 Pass a specialized taxi driving text More

How can I compete with a large taxi business?

You can easily compete with the large and already operating taxi businesses. In the US, taxi business earns estimated six billion dollar revenue each year. Taxi business mainly comprised of services like transportation of riders, renting of recent cars and vans, however, and the main revenue is earned through local passengers.