How to start Transport Business : Bus, Train, Flight, Truck, all these are part of the transport system, without them the growth of civil society cannot happen because people have to come somewhere or send any goods from one place to another in connection with their work, the transport system But our dependency will never end.
Whether it is to shift home, to order or ship heavy goods, export or import essential food items around the world, order medicines or anything else, there is no replacement of the transport system.
If you want to open your own transport business, then in this article we will tell you how to start transport business? Its complete information just stay till the end and know about how to start Transport Business –
How to start Transport Business in 2022
Transport business or logistics business gives a big contribution in the economic growth of India and about 5 crore people are directly or indirectly connected with this industry for employment.
If we talk about Types of Transportation Business, then there are generally 5 types of transportation. Such as – roadways, railways, water, air and pipeline transportation. But today we will talk about Road Transport Business, so first of all you have to choose the right model of Transport Business.
1. Choose the Right Model of Transport Business:
You will do the business of transport by giving service, become a logistics service provider, will work in car rental, give courier service or work as a goods carrier. You’ll need to disassemble one of these segments. There are many such transport businesses that run with a national permit that can go all over the country. So someone only inside his state,
Only after the business model is decided, you will be able to do further planning and after deciding the business mode, you will also have to work on the problems related to it because the better you can handle them, the more your profit margin will increase.
For example, if you start the business of Truck Transport, then you should know the source of hiring them. There should be capital to make vehicles when they are damaged. Must have good and skilled drivers. Documents and papers should be kept updated so that no challan is deducted etc.
2. Completion of Legal Documentation:
First of all you have to register your business. With which you can register as Partnership firm, Private limited company, One person Company, Small Scale Industry, MSME and LLP i.e. Limited Liability Partnership firm.
If you do not have any information about them, then you can also meet a lawyer or legal advisor or even a person doing business of transport with whom you are well known. After this you can apply for the required license and permit by visiting the RTO office.
3. Working on Business Capital:
Working on Business Capital: Because if your deposits have fallen short for your business capital, then taking a loan is the best option to meet the need of money. It will cost at least 20 to 25 lakhs to do the business of transport even on a small scale.
From buying a vehicle to building an office, hiring main power to get licences, insurance and permits, paying EMIs and servicing and repairing vehicles, you will need money step by step.
4. Business Relationship Runs on:
You always have to remember this thing is that business runs on relationship. So you have to connect with people already engaged in transport, make contact with them, find your customers and get business out of them.
If you want to learn the nuances of Transport Business. So you can get your vehicles to run on rent in any transport service also. When the information gradually starts increasing, then you can move towards becoming an Individual Transport Service Provider on your own.
5. Do a little research about Transport Business:
That is, you have to increase your legal knowledge, which can save you from losses. You will have to face legal challenges step by step in transport business. Police, RTO, Traffic Police, Forest Department and other authorities often check the vehicles by stopping them on the way as soon as the vehicles leave the road.
In this case your papers should be correct. License, pollution insurance should not fail. Drivers Don’t Drunk & Drive | There should be no overloading, the paper work of the things loaded in the vehicle should be clear and no illegal thing inside the vehicle, neither you will be saved from any legal case.
Apart from this, many times you will hear cases and incidents of money being collected from wrong transporters, in such a situation, if you and your employees know the rules of transport, then you will be able to defend yourself by legal means. So after knowing all this, now let’s talk about what kind of business you can do in Transport Business –
Types of Transport Business
1. Taxi Business :
Nowadays, whether it is a matter of personal use, booking a wedding, an official tour or visiting a city ride or tourist place, taxi booking has increased a lot. That’s why the business of taxi cab service like Ola, Uber has become successful. Apart from these, you will also see many cab services at the local and state level.
Even in taxi service, options like Small Cab, Sedan, Luxury Cab, Long Tour Cab, Group Travel Cab live in Demand.
, Keeping these in mind, you can think of doing rental business, in these also you can keep App Based Taxi Service. For which you will have to register separately and develop the application.
2. Ambulance Business :
Seeing the ambulance running on the streets, people think that it is the property of the hospital or nursing home, but this is not always the case, sometimes ambulance service providers give their service to the hospital.
If a hospital or medical institute does not want to take the responsibility of maintaining the ambulance service, then they keep the ambulance service on the contract, apart from this, many state governments give 108 emergency ambulance service to the people, in these also you can get your ambulance installed. |
2. Packers and Movers :
Whenever people shift from one city to another. Packers and Movers are needed if they change jobs or get any items or furniture of the house ordered or sent from somewhere.
Nowadays the scope of this business has started increasing in almost every small and big city. You can reach your customers by getting promotion in Google Ads, social media marketing and local media. Otherwise, since Google has given the facility of Near Me in its search option, it has become very easy for people to find all the things they need.
4. Bus Service :
The most common medium of public transport is bus service which is available from one place to another on fixed root as well as for private use on reserve mode. So if there is a shortage of bus on any route in the area where you live, then you can start your business by completing it.
This can be for both Short Root and Long Root. Many bus services run from one state capital to another or even to big cities. Like – Delhi to Gurgaon, Kolkata to Puri, Patna to Lucknow etc.
In this type of service, there is a good demand for both general and luxury buses or you can also register your vehicle in App online booking system like Red Bus.
5. Courier Service :
With the advent of official documents, emergency parcels, medicine and online delivery services, the demand for courier service has increased tremendously. In this way you can open your own courier service. Or you can put your truck, loader or small vehicles in any service. There are many established brands like Blue Dart Express, Indian Postal Services, DHL Express, FedEx India, DTDC Courier and Cargo Limited, First Flight Courier Limited in which you can give your vehicles on contract.
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