
It is not as easy as it seems but it’s not rocket science either. There are some basic rules of business that apply to any startup including taxi service business. If you learn and execute them correctly then success is just a few steps ahead. I am here to give you the almighty whip to crack on your competition, get the edge over them and to answer your question on how to start a taxi business?
You can start a taxi service business with one car, expanding concurrently with your profit rise. You may not even need an office; initially, just begin your operations at home and then move to an office when your taxi cab business grows bigger. In this blog, we will be going through the detailed steps on How to start a taxi business?
FAQs on starting a taxi service business:
How to start your own taxi business?
How to start a taxi business in countries like Germany, Hawaii, Australia, Philippines, South Africa, Singapore, Kenya, Dubai?
How to start a taxi business in cities like Illinois, Arizona, Buffalo, New York, South Carolina, Florida, Tampa, Los Angeles?
How to start a taxi business with one car?
How to start a small taxi business?
How to start up a taxi business in the USA?
How to start uber like taxi business?
Let’s not waste further time and dive into the specifics:
1. Finding The Perfect Location

You might have to move to a more populated and taxi friendly city.
Learn About The City
Know Your Competition
2. Research Your Market

3. Buy Inventory

Get a car
Now you may think, How to start a taxi business with one car? You can either buy a brand new car which will cost you around $15,000 at least or you can go for used cars. The budget goes from as low as $3000 to $15,000 and above. Choosing the cheapest option may seem a good idea at first but the maintenance and repair cost will put a big hole in your pocket.
The best option is to go with a medium budget car ranging from $7000 to $9000.
Get Dressed For The Part
In some states, a minimum amount of insurance is implied before allowing a taxi service. But, if your city doesn’t fall in such states then you can go to an insurance agent to talk about various insurance policies.
4. License and Insurance

5. Office Space

As you grow in size then you can rent an office with an attached garage or parking lot to park your cabs when not in use. There are some prime locations that exist in the center of the city; hence you can offer your taxi services all around the city. Such places can cost you around $2000 in monthly rent.
Having your own custom built taxi service app will give you the much-needed edge over your competitors. You should also think about building your taxi business website simultaneously for larger market penetration.
6. Mobile App
