How to Open a Limo Service

Limosines can be purchased for as little as $30,000.

Entertainment and tourism businesses strive to provide top-notch services to their customers. Some of their patrons love the glamour associated with these industries, and they are no strangers to corporate jets or limousines. The mystique of limousines often has bystanders wondering whether there is a celebrity behind the tinted glass. Passengers who are in a limousine are sometimes envied because they travel in a luxurious, top-of-the-line automobile that is sparkling clean and driven by a chauffeur. Limousines are used to transport clients to corporate events, restaurants, hotels, concerts and sporting events. Opening a limo service can be the start of a lucrative career.

Things You'll Need

• Limousine

Instructions

1. Train to drive a limousine. You may want to be an owner-operator and drive your limo. In addition to a regular driver's license, most states require limo drivers to obtain training. Working for a limo company for a brief stint can help you acquire the necessary training.

2. Contact your state regulatory agency to inquire about operating a limo service. You will need to obtain a chauffeur's license and a permit to operate a limousine business. The costs and fees vary by state.

3. Form a business plan that may be instrumental in obtaining loans. Your business plan should detail marketing plans, cost projections for vehicles and estimated earnings, and reflect any management experience that you have. Investors may help finance your limo service if you have a solid plan.

4. Buy vehicles for your limo service. You will need one or two limousines to start your limo business. A limo can cost $30,000 to $100,000. Some limo companies rent vehicles until they are able to buy their own limousines.

5. Purchase insurance that protects your limousines and your business. Speak with your insurance agent to ensure that you have sufficient liability protection in place to cover any damages that may occur.

6. Hire employees for your limo business. Chauffeurs who have a good driving record and a neat appearance represent your business well. Always check references and driving records before you hire employees.

7. Market your limo service to local businesses and consumers. Contact area schools for events that may require your services. Attend bridal shows and network with travel agents to promote your limo business.

Tips & Warnings

• Keep a good driving record to maintain your limousine license and insurance premiums.

References

• Bureau Of Labor Statistics: Qualifications For Limo Drivers
• Entrepreneur: Limousine Service