Transportation Businesses You Can Start Now

In Start Your Own Transportation Service, the Staff of Entrepreneur Media explains how you can launch a profitable transportation service, whether you want to start a long-haul operation or an in-town service. In this edited excerpt, the authors briefly discuss 12 ways you can get started in the transportation industry.

The following represent many of the possible types of transportation businesses you could decide to start. It all depends on what your personal interest is and what skills you want to employ in your business. ์นด์ง€๋…ธ์‚ฌ์ดํŠธ

  1. Taxi service
    Despite its initial controversy and claims of unfair competition, Uber has staked its claim across the world — in fact, in 400 cities and 65 countries. Uber’s attraction as a small-business opportunity is that you’re an independent contractor and on your own schedule. To sign up as a driver, start by going to Uber’s website, and click on the “Become a Driver” button. A short questionnaire initiates the process.

As a driver, you use your own vehicle, so startup costs are relatively low. Uber handles all the financial aspects of the ride. Payment to the driver is on a weekly basis. As independent contractors, drivers take on overhead costs (gas, maintenance, insurance, etc.) themselves. Financial analytics website SherpaShare says Uber drivers everywhere (except New York City where rates are highest) make in the range of $8.80 to $11 per hour gross before Uber’s percentage is taken. ์•ˆ์ „ํ•œ์นด์ง€๋…ธ์‚ฌ์ดํŠธ

  1. Bicycle rental
    Renting bicycles is a thriving business in certain areas. The two key environments where renting bikes is a natural are in recreational tourism areas and cities. In tourism areas, you might look to set up near a large hotel or resort where extended vacations stays create ready customers. In this type of business, you’re going to need a storefront as well as a space to store all your rental bikes.

Another possibility for bicycle rentals is a bicycle-sharing approach like Hubway in Boston. Bicycle stands around the city allow riders to rent a bicycle in one place, ride to their location, and drop the bicycle at a stand near their destination. Hubway offers annual or monthly membership or daily passes. Perhaps your town is ready for a mini version of this business.

  1. Limousine service
    You could provide limo service to celebrities or to regular people. We’ll focus here on the “regular people” limo service.

Whenever anyone is entrusting you to drive them, a clean reputation is important. But in the case of the personal limo service, typically you’ll be driving a group of people who aren’t paying attention to where you’re going or how you’re driving but are enjoying the ride. The driver needs to be supremely trustworthy, and the vehicle needs to be safe and well -maintained.

You can operate the limo yourself, and your fleet of one limousine will be relatively easy to maintain. You can provide all the service yourself, from scheduling to driving. If you want to expand, just add vehicles and drivers, and keep expanding your marketing to keep business flowing. ์นด์ง€๋…ธ์‚ฌ์ดํŠธ ์ถ”์ฒœ

  1. Owner/Operator trucking
    Although international trucking, including to Canada and Mexico, is an enormous sector of the trucking industry, we’ll focus here on trucking within the United States. The basic format of the trucking business is to bid on and fulfill contracts. According to the SBA, there are two basic forms of operating, with the key difference being how you get drivers to fulfill those contracts (or accounts if you contract to do all of the trucking for a business):
  2. Subcontract drivers. Drivers, in this case, are independent contractors who likely own their own equipment. You’ll spend your time on two key coordination pieces — getting the contracts and accounts with the manufacturers who need goods transported and then finding drivers who can fulfill those contracts on schedule. The advantage is lower costs — independent contractors not only usually have their own vehicles that they maintain themselves but they insure them and themselves as well. Insurance is a huge cost factor in the transportation business, so clearly this is a savings. However, you’ll also be paying them a higher fee than if you were paying your own drivers, which cuts into profits. The real trade here might be in fewer headaches — as long as you feel confident of the drivers you hire.
  3. Privately “owned” drivers. In this scenario, you own the trucks and the drivers work for you. You have total control and retain all profit — and you pay all of the expenses of employees and equipment, which means higher startup as well as higher operating costs. While your drivers will be at your service for the accounts and contracts you retain, the pressure is on to have no down time because you’re paying for those drivers and those vehicles whether you’re using them or not.

If coordinating and scheduling is more of your strong suit, you may find that setting up your business using contracted drivers is the best way to go. Or maybe a combination of both — a manageable number of drivers and size of your owned fleet with a stable of contract drivers to call on when you get more contracts than you can handle.

  1. Moving van business
    Starting a small moving business is relatively easy — which also means you need to keep in mind that you’ll likely be competing with college students who use a rented box truck. Your ace card will be that you’ll set up and conduct your business professionally, perhaps offering add-on services such as space for temporary, in-between moves storage.

Startup costs include purchasing one or more trucks in a range of sizes that will accommodate the type of moving you plan to do. And, of course, you’ll need a place to park them.

You’ll need at least one employee — you can’t lift that sofa alone! And you’ll need to train that employee for packing, moving procedures, customer interactions, how to behave appropriately in a client’s home, etc., so your professional reputation isn’t damaged.

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