Directory Image
This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Privacy Policy.

How to Expand Your Taxi & minicabs Business without Overhead Costs

Author: Alice Arifova
by Alice Arifova
Posted: Jan 02, 2018

Shift from manpower to technology

To run a minicab business is not as simple as one can think that buy a car hire a driver and then money will come automatically. Most of the time a business faces issues regarded the maintenance of the system. You need to hire more and more staff for different job duties. In addition to that, you have to manage you hired staff as well, this becomes anther job. So as the world is growing technologically advanced, the dependence on manpower is going to obsolete. In minicab business, companies have to depend on the driver. So you need to hire staff on regular bases and should keep the backup for all drivers, this will carry on your operation unstoppable. It will keep your business level stable.

Cut operational expenditure

You need to spend money with a balanced approach. You should not spend more money on marketing. You spend money on your services. You should manage your staff and should not hire more staff but the staff you hire for your services should be competent. You should not buy more and more cars but the cars you have already added to your fleet should be full of luxury and should offer outstanding services.

Provide your plate form to other companies

You need to share platform for other companies and you should get private cars for your services. You need to sell some of your shares to balance your loss. If you add up small companies in your panel, then your covering area will be large and you will get more and more requests for minicab taxies. For example, if your company providing services in tooting and you are covering all the area of tooting so you may add a company for Streatham it will expand your covering area. Same as you can add the area of Balham minicabs, in this way you will get more and more minicab requests.

Stations and offices

You should cut the offices and stations budget to manage your operational cost. You should not spend money to make your offices luxury, you should spend money for the luxury of cars which will earn money for the company. You should value the stuff which is a source of earning for the company. Operational budgets manage to increase the budget of the company and to save money for the growth of the company.Job Board theme

About the Author

My Name is Alice and i am blogger by profession, Working for different top level Web Blogger sites, my qualification is Mphil in Business,

Rate this Article
Leave a Comment
Author Thumbnail
I Agree:
Comment 
Pictures
Author: Alice Arifova

Alice Arifova

Member since: Apr 11, 2017
Published articles: 6

Related Articles