Setting up a Private Hire Taxi Firm in Combe Martin

Setting up a Private Hire Taxi Firm in Combe Martin

If you have experience working as a taxi driver then you’ve probably considered setting up your own taxi firm at some point. Setting up a taxi firm does require a lot of More »

How To Keep Your Unoccupied Property Secure

How To Keep Your Unoccupied Property Secure

There are a few common reasons why you might have unoccupied property. For homeowners, a very common reason is going for an extended break of a month or more.

Another reason your property More »

Ways to Save Money on Minibus Insurance

Ways to Save Money on Minibus Insurance

If you own a minibus then you need to make sure you properly protect it by getting a good minibus insurance policy.

Insurance costs are higher than ever so it’s important to take More »

Setting Up a Courier Business

Setting Up a Courier Business

The demand for couriers has never been higher than it currently is. The amount of items that are ordered online every day is staggering and somebody has to deliver those items. This More »

Getting Car Insurance When You’ve Been Declared Bankrupt

Getting Car Insurance When You’ve Been Declared Bankrupt

If you have been declared bankrupt then you’re probably already aware that it can greatly impact your ability to find car insurance at a reasonable rate. Insurance providers make decisions based upon More »

 

The Keys to Running a Successful Taxi Operation

Running a taxi firm comes with many unique challenges. As with running any type of business, you have to balance several things at once to make sure you stay competitive and grow your reputation.

Below are some of the fundamentals of running a successful taxi operation.

Finding the right location for your head office

Choosing the right premises for your head office is extremely important since it’s where your entire operation will be run from.

Ideally your head office will be –

  • In a good location
  • Secure
  • Affordable

Getting insurance at the best price

In order for your taxi firm to be successful, you need to keep overheads to a minimum. Cutting the cost of your taxi insurance is one of the best ways to do this.

Below are some good ways to keep the cost down.

  • Get a lot of quotes – Getting a lot of quotes is one of the most fundamental ways you can save money on taxi insurance. With so many insurance comparison services out there now, there’s no good reason not to do this. It’s always recommended that you get your insurance from a specialist provider too, since they’ll be able to offer you a tailored policy that’s suitable for your business and at a competitive price.
  • Make your vehicles secure – Another excellent to keep insurance costs down is by making your taxis as secure as possible. This means installing trackers/immobilisers/in-car CCTV. Anything you can do to make your vehicles and your drivers safer will help to minimise insurance costs so it’s worth the initial investment in security measures.

Finding the right drivers

Finding the right drivers for your taxi firm is important for few key reasons –

  • They help or hurt your company reputation – This point is extremely important. Your drivers are essentially the face of your business since they’re the ones who will be interacting with your customers. Therefore you want to hire friendly, reliable, competent drivers who are going to create the best possible image for your company.
  • They will affect the cost of your insurance – Another key reason that hiring the right drivers is so important is because they will affect the price you’ll pay for your taxi insurance. It makes sense when you think about it since inexperienced, unreliable drivers are much more likely to be involved in incidents where a claim will be made on the policy.
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Top 10 Startup Mistakes

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12 Rules for Startups

When starting your own business it’s always a great idea to get advice from professionals who’ve been there and done it. Below is an excellent video to help you on your way.

 

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How Important is Branding for Small Businesses?

If you run a small business then you’ve likely considered just how important branding is for its success. Branding is something you hear about all the time in the business world and it’s not uncommon for large corporations to pour millions into having their company re-branded.… More

5 Tips for New Business Owners

Running your own business can be a great way to achieve financial independence as well as making your mark on the world.

If you’re starting a new business then there below are some of the most important steps to take in order to give yourself the best chance of success.… More