How Do You Start A Taxi Cab Business?
While taxicabs are a common sight in most areas of the world, many people are not aware that most of these are operated by independent businessmen or subcontracted drivers. Starting a taxicab business can offer flexible hours, the ability to set your own schedule, the opportunity to meet new people and income potential determined by your own motivation. With high fuel prices, traffic congestion and parking limitations in most major metropolitan areas, starting a taxicab business can take advantage of a growing need for public transportation. Research licensing and access fees. Check with the Department of Motor Vehicles to verify the type of driver’s license you will need to obtain to drive a “for-hire” vehicle. In most cases, a commercial or chauffeur’s license will require only an additional fee or written test. For-hire vehicles are typically taxed by local municipalities and may require special tax stickers on the cab. Inquire about access permits for airports, as they usually requ
