Electro Taxi Service - Business Idea

Do not miss out the opportunity to earn thousands of dollars with electro taxi business idea. Taxi business is one of highly profitable and demanded services around the world. Now use your driving skills today to get benefit from electro taxi ...
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Do not miss out the opportunity to earn thousands of dollars with electro taxi business idea. Taxi business is one of highly profitable and demanded services around the world. Now use your driving skills today to get benefit from electro taxi business idea. 

    THE BUSINESS IDEA

    Do you love driving and have some experience in the transportation field? Can handle a different kind of passengers? Then electro taxi business idea is a landmark for you. An electro taxi business is a very cost- effective business which involves conveying passengers between different locations. Electric cars have now become very popular across the globe. They are cheap and eco-friendly. You can start a business with two or three cars and once the business starts to make a profit you can buy more cars and expand your business. You will need vehicles to start your taxi business, so buy vehicles which are already been
    modified to use for taxi service. Besides, you can also lease cars instead of buying them outright to save your startup costs. Leasing requires less or no down payment and may have tax advantages for your business.

    Online auctions and vehicle sale sites will help you buy vehicles at lower rates. Whether you decide to start with a small fleet or a large fleet of vehicles, you will need drivers. Advertise your business and offer coupons to attract new customers. After the successful initiation of electro taxi business, you can also
    introduce an app for easy transportation of clients. Battery charging in electric cars is the main hurdle for the owners as there is a difficulty to access specialized charging stations anytime or anywhere. Besides, a full charge of electric cars battery usually takes a couple of hours depending on the car. 

    Always prefer drivers with an excellent record. Make sure that drivers hold driving licenses, insurances or permits in compliance with the local law. Your good service and rates will provide you an edge over other competitors. If you don’t want to start your own business, you can also set up a joint venture with other
    taxi drivers as well as Uber drivers. You can use smart marketing approaches to save additional marketing costs by hiring drivers from Uber.

    YOUR MARKET

    On normal days, most of your customers will be students and office workers. Besides, passengers and tourists also need taxis at airports, train stations, and hotels.

    • Office: Though taxis will run on the road, you will need an office to deal with legal and other matters. Moreover, this will also serve as a location for parking of cars.
    • Mobile App: Through the mobile app, service will become easy for both you and customers. Customers will be able to book a ride by sitting at home sending you their location. Then you can pick them and drop them to their destination. Moreover, through the mobile app, you will be able to cover a large area.
    • In-home: In the startup, you can run this business from your home to save office rental expenses. Suitable as part-time idea.
    INVESTMENT

    The startup cost for electro taxi business is medium. However, the profit potential is high especially when you develop your reputation as a good service provider. Contact Business Titans to learn more about the potential revenues and costs to run this business.

    THE KEY BENEFITS OF THIS PROJECT
    • A flexible, eco-friendly business idea and can be operated part-time or full-time
    • Set-up joint venture with other taxi and Uber drivers to save investment budget
    • You can initially start this business from home and will be engaging with new clients daily
    • Save start-up costs through car leasing options with little or no down payment
    • Medium startup investment with an incredibly lucrative future


      We offer 3 complementary services to support you in the implementation of this business idea:  

      Service 1 | Pre-Studies 

      Start your journey with one of our three Pre-Studies if you are not yet fully sure about your project:  

      Option1. Project Pre-Study: You have a business idea or consider to import/export a new product, but you need a qualified second opinion? Business Titans checks your business idea or project for you and provides a detailed analysis on the opportunity, its risks, feasibility and profitability. 

      Option2. Pre-Opening Plan: Do you need to get an overview of the detailed steps to implement your project? Entrepreneurs who wish to have on the operational level a sound overview of the steps they need to take to set up their new venture or product should look also into this option. 

      Option3. Project Exposé: Do you need a professional presentation to introduce your project to a demanding audience? Successful entrepreneurs understand that the presentation of an idea is as important as the idea itself. The approach Business Titans is applying is to send always an appealing Exposé of the project before sharing further details. Only if there is a vivid interest that you feel among your audience, you should share confidential documents such as Pre-Studies, Business Plans, etc. 

      Service 2 | Business Planning 

      Option 1. Business Plan Consulting: You draft the Business Plan with our Guidance, we review and enhance the final version. Business Titans supports you to develop a Business Plan. You draft your own Business Plan with our guidance. A senior member of Business Titans will then finalize your draft with enhancements, research data, adapting the contents and forms according to the expectations of the final recipients, including banks, lending partners, equity partners, landlords, insurers and regulators. 

        Option 2. Business Plan Outsourcing: In this option, the entire process, including the development of the business model and Business Plan is handled by Business Titans. You will be first interviewed to understand your vision, resources and capacity.The rest will all be done by us and presented to you for the last minor adaptations. This version gets a Business Titans certification to be used for 3 years (as long as there will be no major changes on the Business Plan).

        Service 3 | Weekly Coaching 

        A Business Plan is (and should be) in a constant evolution. The more you get into your business environment, the more you are able to fine-tune it. However, the best Business Plan will not be more than a paper if you do not implement it in a disciplined and consistent way.

        • Option 1: Try-Out Session 
        • Option 2: 2-Weeks Package
        • Option 3: 4-Weeks Package 

        This is why Business Titans has extended its services with a Weekly Coaching dedicated for the step-by-step implementation of the Business Plan that we have developed together. 

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