How to Open a Car Hire Business

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Opening a car for hire business requires deciding what type of cars to use for transport, getting the appropriate insurance, and researching different aspects of the business. Develop a marketing plan before starting a car hire business with advice from a business professor in this free video on small business.

Part of the Video Series: How to Open a Small Business
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Video Transcript

Hi my name is John Niemira and I wanted to talk to you about opening a car hire business. A car for hire business is providing rides, transportation in a more private sense than a limousine. It could be a limousine business but usually it is a private hire airport, transportation, business people, transporting from one place to another. A car hire business, probably one of the most important things is what are you going to transport them in? What type of cars are you going to use? Are you going to lease these cars or are you going to buy these cars? Are you going to use your own personal car or are you going to start fresh with some new cars. Insurance would be your next step. Talk to a good insurance agent about providing the right insurance for a car hire business. It is not as simple as a personal insurance policy where you would have your own car and in your garage. You are going to transport people to different places, have different people in your car. You want to make sure you are properly insured for all occasions. Do some research on line of course, know the business, know who you are going to market to, develop a marketing plan for that. If you need any more information on this subject or any other subject in the business field my e-mail address is jniemira@gmail.com.

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