Owning an Uber Car Service (A Pseudo-Taxi company) and make supplementary income today
Posted by John Smith on May 20th, 2015
Today, on 19th May, 2015, we launch this article discussing the uber ridesharing app and how uberkit.net helps potential business owners scale their business.
Before talking about Uber specifically and Uber Black, I believe we need a brief discussion of Taxis, since they are a parallel competitor industry to the Ridesharing industry. Modern taxis have been around since the late 19th century and early 20th century in the major cities in the Western world (For example -Paris in 1899, and New York in 1907). Before the advent of the Modern Taxi, we have had various transportation services for people needing Taxis (Hackney carriages, and Hansom cabs).
The next evolution of paid transport is upon us, and it is in the form of ridesharing services. Various companies provide ridesharing services. The primary players are Uber, Lyft and Sidecar. Uber is the largest player in this emerging industry. For the purposes of this press release, we will be discussing Uber’s service for the Uber Black Car (the Uber Black car service) and how Uberkit.net is helping business owners take advantage of this major disruption of the Taxi industry.
Some quick terminology – Uber Partner is either the Uber driver that is driving an Uber car, or the Owner of a car service using the Uber platform as a dispatching service. For the purposes of this press release we are referring to the latter definition of Uber Partner. As a result of the heavy regulation of Taxi’s, there has been an artificial imbalance in the supply of paid transportation (for car based transportation) versus the number of passengers for most major cities. The cost of Medallions (licenses for cabs) in some cities is an artificial barrier to entry for business owners interested in owning a car service business (for example, as at November 2014 the cost of a New York City Medallion was 2,000).
Now with the advent of ridesharing companies, owning a car service (essentially a cab company) will essentially cost next to nothing (when compared to the cost to owning a City Medallion); However, whatever the case may be owning a business involves due diligence and a meticulous and calculated approach, else your business fails. Where uberkit.net comes is providing analysis and already pre-researched information that helps reduce the risk of failure for the new business owner. You have to ask yourself would you rather lose thousands of dollars as a result of making poor business decisions or paying a fraction of your potential losses in what is essentially concierge consulting for next to nothing. Uberkit.net already has done the work for you, so that you can focus on running your business instead of trying to figure out a business model that works.
For every business, no matter how simple, an understanding of the business model is important. In order to manage multiple drivers as a business owner you must understand the wider Uber business model, and also the particular business model for your new car service (or taxi company- if I dare say so). You need to know your cost model, your revenue model, your driver acquisition channels, your key partners, potential profit, and your startup costs. Uberkit.net has already done a lot of the research, and helps you start/grow your business fast.
About author:
Author wanted to own his own business and as a result researched owning an uber car service (the new taxi service)- for information on starting your own car service business visit: www.uberkit.net
