Radio cab business plan

Taxi marketing plan

In fact, modern, safe, and comfortable transportation facilities are hardly available which is why many customers are ready to pay higher for the comfort and safety, boosting the radio taxi market. Customers generally think of the drivers without considering the rest of the cab company organization. Mumbai is unlike any other city in India in that the radio cab operator licence and taxi permits cost a lot more to obtain. It has also been reported that there are going to be about 4, 50, cabs in the next 7 years. Another hindrance in growth, says Puri is finding drivers. When a passenger calls the helpline number of radio taxi cab service, the operator communicates with driver via radio signals to locate available nearest taxi. The taxi reaches the customer as required at the specific place and time. On an average they work for hours a day.

Drivers often wait for customers at locations such as airports or train stations, but all company drivers promptly answer dispatcher calls directing them to customers who contacted the call center.

Radio taxi is a taxi that operates through radio signals. Other services being planned are transporting kids in absence of their parents as well as a service for medical emergencies.

radio cab business plan

Differentiation: The biggest challenge is to distinguish themselves from app-based taxis because hardly few customers and even media are aware about these differences.

Meru did not recognize the union, backed by Shiv Sena.

taxi cab business plan pdf

Challenges Faced By Radio Taxi Businesses Challenge 1 — Obtaining Precise Location of Passenger: As you probably know that obtaining the precise location in radio taxi business is still a challenge for some businesses. It is acting as an intermediary between passengers and government-licenced taxi drivers.

A sample taxi cab business plan template

Beyond that, identifying new revenue streams by offering specialized services is the way to scale up operations. PTI Updated: May 09, , As the industry is administered by State Government, the researchers have also illuminated the latest guidelines issued by Government of Gujarat post-Uber case in Delhi. Kavita Gidwani Dr. A few entrepreneurs had started the radio cab business in cities such as Delhi and Bangalore about eight years ago, but the service did not catch on. Point being, investing in a radio taxi business has become most viable option than ever. Benefits for the franchisees drivers includes the better chances of getting daily business, higher income, power of a known brand and simultaneously having the options of getting the passengersdirectly. There are multiple industrial forces that has led Radio taxi industry to rise where it is today. Technology helps reduce dead run to 50 per cent thereby conserving fuel, reducing pollution and traffic congestion and making the trip affordable, he said. The cab company promises some minimum fixed number of trips to the cab drivers for the paid duration. This further boosts to the demand of taxi cabs. Increase in disposable income and transportation related expenses: The disposable income and spending on transport related expenses of Indian consumers have increased. Neetu Singh Dr. Drivers often wait for customers at locations such as airports or train stations, but all company drivers promptly answer dispatcher calls directing them to customers who contacted the call center. With the increase in technology, an Uber can be booked from your smartphones.

This helps bring in accountability and peace of mind when any of the family members are travelling. Finding Drivers: It is becoming extremely challenging for radio taxi operators to equal the growing need of drivers because of mounting competition due to rising demand of taxi cabs.

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How a Radio Taxi Solution Can Help You Establish Successful TaxiCab Business?