Take a seat, buckle up, put your hands on the wheel, and set off with a specific goal: In this article, would-be entrepreneurs can explore a business idea to kickstart: self-employment as a driver. In view of increasingly individual forms of mobility and increasing attacks on the taxi trade in Dubai and the United Arab Emirates, commercial passenger transport appears to be a promising market. However, before self-driving drivers can release the parking brake, there are a few things to consider.
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Become a freelancer with a passenger transport company
In this regard, the formal requirements in the passenger transport business and the differences with the taxi business, including car rental with a driver in Dubai, must be observed. This article will deal with the most relevant framework conditions to successfully become self-employed as a driver. From the beginning, when planning, the market and, above all, the client’s point of view must be taken into account: why should clients join this chauffeur service and what demand in terms of mobility does the start-up of the company meet? Of course, at the beginning of the planning stage, there is nothing wrong with dealing with a related business idea: self-employment with a taxi company.
Starting a business as a chauffeur: becoming autonomous with passenger transport
- Analysis of the initial situation
- Holistic preparation with a professional business plan
- Define mobility-oriented unique selling propositions
- Marketing: How is business accelerating?
- Requirements to be autonomous as a driver?
- Earning as a self-employed driver?
Anyone who wants to become self-employed in a passenger transport business should carefully study the legal regulations from the very beginning. Above all, competition and similarity with taxi companies can become a problem depending on the orientation of the business idea. Therefore, a detailed analysis of the market situation on the spot should be carried out at the beginning. Who should be driven or are there no local offers for this business idea? A careful calculation of costs and income is an absolute necessity when starting a business, because unused vehicles cost a lot of money, but without being able to generate income in the true sense of the word.
Self-employment as a driver: Distinction from the taxi business
By their very nature, self-employed drivers compete with taxi companies. In the United Arab Emirates, the Arabic term chauffeur does not necessarily sound like a person who professionally transports guests in the vehicle. The choice of words is a conscious differentiation of the taxi driver, which of course also influences the orientation of the business idea. Since the taxi business is highly regulated and competition is high in many places, self-employment as a driver should move customers in a different way. Consider an exclusive limousine service to provide guests with exceptional transportation service for special occasions. In recent months, the startup company Uber has repeatedly made headlines. This car rental service, which can be booked through an app, tries to break the taxi monopoly in the United Arab Emirates. Taxi companies naturally protest against this threat, which is why the Uber service was initially banned in Dubai. However, shortly after a precautionary measure was lifted, so this bookable mobility alternative is finding more and more followers in many cities. The decline in income for taxi drivers in many places shows that customers are open to new forms of mobility and that the taxi is not seen as the only form of personal passenger transport. Anyone who wants to become a self-employed driver must consciously stay out of this great market power struggle and find their own profitable niche in the market and occupy it strategically.
Observe the General Conditions and Take Advantage of New Opportunities
In any case, it is important to have on the screen the competition and the possible changing framework conditions in the passenger transport industry. The Uber case shows that a new basic order can soon be created, opening up attractive and future-oriented options for many new business orientations. In any case, individual mobility solutions will become more important in the near future, especially in metropolitan areas. Statistical surveys and forecasts assume that the number of local passenger transports will increase significantly by 2022. From this, it can be deduced that many potential customers for a chauffeur service are willing to do without their own means of transport as long as it is available. a reliable mobility solution. Individual mobility solutions are more in demand than ever, and the event character is definitely focusing on this business idea.
Based on the nature of the mentioned event and in clear differentiation with the taxi companies, it is important to make the commercial orientation completely clear with the business plan. Which target group should be driven as a freelance driver? And even more important: Which customer wants to be taken to which individual destination in the venue? How should orders for chauffeur service be won and which vehicles are suitable for business orientation? If you want to set up a limo service including your own chauffeur for life’s special events, you naturally have to address a completely different target group than a taxi company. Compared to the taxi, potential customers do not stand on the street; they have to book the chauffeur service in advance.
Become a driver with the right strategy!
Once the target group has been determined and a high-demand location with the highest possible purchasing power has been found, vehicles should be considered. How many vehicles are necessary? What vehicle types suit the business orientation and target group? It is in the nature of this business idea that vehicles and insurance make up a large part of the fixed costs. Therefore, it is necessary to calculate exactly which conditions are most advantageous for the business model in the long term. Apart from the purchase, the focus is on leasing offers, since this alternative offers the greatest financial flexibility. In general, the business plan for self-employed drivers should have a clear timeline specified and make the profitability of the business model recognizable. Only if this is the case will potential lenders, investors or business partners (other shareholders) participate.
Unique Selling Propositions: Why Customers Should/Want to Participate?
The business plan will be convincing if it shows strong unique selling points. In this sense, the business model must touch a nerve of the times or the need of an individual client. Anyone who wants to be self-employed with a limousine chauffeur service will need to market their business as an unusual event character. For example, the focus is on bridal couples who want to be driven to the wedding ceremony in the right style and then driven to the venue. What customer would want to take a seat in a taxi for this occasion? With such an event solution, customers are offered two added values at the same time: on the one hand, thanks to the chauffeur, they can make themselves comfortable and reach their destination stress-free. On the other hand, a historic vehicle can provide unforgettable style and also act as a wonderful photo motif.
Categories: Technology
Source: SCHOOL TRANG DAI
