A minibus hire company may not be a new business idea but it is a service that never goes out of demand. It can be a good way to earn some extra money or can also become your main stream of income. In whatever way you want to start a minibus business, there are some details you need to follow in order to set up. As with any other business venture, you will need to go over essential first steps that include the following points. And here they are:
What’s your strategy at first?
Have you spotted a rising demand of minibuses in the market or is there any big project coming up in your area that requires minibus as a transportation?
For any business to succeed, there must be a plenty of work lined up and coming in a regular basis. Make sure you have good contacts with schools, corporate companies, hotels, colleges, travel companies, retirement homes and everyone in your area who you think to require a luxury minibus in future.
Also, make a check on the rates imposed by other companies and adjust your prices to be competitive.
Do you have the right license?
This can get tricky. A minibus is a passenger carrying a vehicle that accommodates a minimum of eight and a maximum of 32 passengers. Now is a driver has a driving license before 01.01.1997 then you are allowed to drive a maximum 16 passengers in a minibus without needing an additional driving license. But you can not drive it for hire or in exchange for a reward. To be able to charge your passengers you need a D1 vocational passenger carrying vehicle license (PCV), And are subjected to an additional driving test with the driving standards agency.
Do you have a minibus insurance?
Having a minibus insurance is vital to your business. It is essential that you, your passengers and other road users are fully covered in the event of any misfortune. So get a minibus insurance from a trusted provider that is flexible and adaptable to your changing business needs.
Where are you getting your minibuses from?
Are you buying or leasing your minibuses from a dealer or a private firm? For a minibus business, we would recommend buying it from a dealer. All your vehicles must be in good condition, well equipped and comfortable. The vehicles must also have the longest warranty possible.
What type of minibuses do you want to get?
There are so many out there, that you need to make your research to find the right model for your business. How big? Petrol or Diesel? These are the things that must be answered before and that matches your workload both now and in near future.
Running a minibus hire business can be a lot of fun especially when you are a people person and love travelling. Just stay updated with the frequent changes in law and you are all set to go.