Nowadays, parents are busy and perfectly juggling work and home is a mere fantasy to them. One parent was venting and she said, “managing my own schedule is a mission and now that I have my child’s schedule to manage, I think I might just lose it.” And we totally understood what she meant.
Kids now, are just as busy. A kid’s daily schedule includes dropping them and picking them from the schools – that’s not mentioning extra activities like arts, music or sports classes. The difference in time and location makes it difficult for the working parents to pick and drop their children from school or other activity locations.
And that’s where you come in as a scholar driver – a solution! If you haven’t thought of going into this business, well this a good time to consider it because the demand is there. It is beneficial for the students to reach their schools safely, and parents can be at peace.
But the question is, how to start this business?
Here, we have listed down some essential steps you need to consider to start a scholar transportation business.
- Make a Business Plan
Like any other business, you need a business plan. You can start with marketing your idea and finding the ideal users. You can research the markets that can be drawn for the business.
- The Objective of Your Business
The objective of your business is to serve little kids by offering a convenient and safe way of transportation. It must be reliable, licensed, and cost-effective for the parents. The aim is to provide unmatched services.
- Market Research and Promotion
Check out facilities for small kids like pre-school, day-care, primary, high schools recreational areas, activity centres because all these rarely provide any transport services. So it’s like an opportunity for transport businesses to research for their target markets.
- Selection of the Vehicle
You need to know the type and size of the vehicle you want to use. Sedans are more comfortable to operate in traffic, but the number of seats may be limited. Buses may need an exclusive license to operate but can take more passengers.
- Fee Structure
You should hand over the rate schedules over to the parents of they have enrolled their children for your service. Keep the rates for scheduled and un-scheduled trips transparent with the parents and show those on the rate schedule. If there’s any applicable discount for siblings and incentive for extra trips, you should mention those.
- Operating Expenses
Maintain a detailed record of everyday expenses. You can even hire a competent accountant who can calculate the progress and issue of the business in real-time.
This should be a good start – or at least get you thinking.