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Launch your own App based Taxi Business

“Uber is not fit and proper to hold a private hire operator license” is the verdict that the Transport for London has passed in the capital city of England. The service has therefore been scrapped altogether. This is indeed a very big blow for Uber.

London is the third busiest city on the world after New York and Tokyo, and for Uber services to be scrapped altogether is not only a big blow for the company but also for the patrons who were using it for their daily business.

Home to the best transport system in the world, the city of London offers many opportunities for anyone who wishes to invest in the transport industry here, including taxi businesses.

App based Cab Business

Fill in the gap left by Uber

The scrapping of Uber has indeed been a big blow to the taxi industry here but it has also created a lucrative opportunity for anyone who wants to start their own Uber-like taxi service here.

Any entrepreneur who wishes to milk the taxi market should, therefore, launch their business in London. Remember, the metro city of London is not only home to 8.63 million people but also has the most tourists visiting it every year. The city also has the world’s busiest airports too. It is, therefore, a surety that the taxi industry will definitely thrive here.

It would be foolish not to get into the on-demand taxi industry now, whilst the city is still coming to terms with the fact that Uber is no longer operational.

What is an Uber-like taxi app?

This is simply an app that has been built using a similar technology to Uber’s business model. It does exactly the same thing that Uber does, sometimes more depending on the developer. The features and template can be customized to suit your business requirements.

How the app based cab business works

Coming off three, riders who want the taxi use passenger app and therefore want to look for one. The driver app is for drivers to avail themselves for driving services so that riders can choose their taxi ride. The admin panel is the hub of the whole system whereby all the transactions and records control. It is also responsible for facilitating communication between the riders and the drivers.

Uber successful business model can be a tweak to represent your business and modus operandi. The taxi apps offer a complete white label solution for many developers. All you need to do is contact them and speak to them about how you want your business to work and what features you want so that it stands out in the market.

develop your cab app

London is the land of opportunities and the following on-demand taxi app services can offer.

Airport Rides

Home to the busiest airports in the world, where flight land and takes off every second, you will have riders by the hordes who want lifts to and from the airport. Although airports have parking facilities, they are expensive and therefore the localities prefer to use taxis when traveling to and from the airport.

Sightseeing rides

London is a city, millions of tourists visit every year – these tourists use taxis for their sightseeing. This again is a very lucrative venture for you.

Station Rides

The tube underground network is the best in the world. It is used by the locals to commute to and from work. However to get to the station on a cold morning is something no one wants to do. A taxi would, therefore, be the ideal solution to this problem. It is actually a very common sight to see taxis right outside the tube stations.

You now have your work cut out for you. All you now need is a developer to help you develop your cab app so that it meets your business needs. Get talking to one and start your new year with brand new taxi Business in busiest cities in the world.

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How to Develop Your Taxi App Like Uber Business the way by doing away with Overhead Costs

The success of any business is measured in terms of profit and loss; this profit and loss depend on the income received and expenditure done. There is a lot more that affects your profitability and loss of business. But the crux of the matter is to control the expenditure. When you think of expanding your business on the domestic front or even at an international level, the initial expenses include legal documentation, assets and the all-important office space and bodies on seats.  All this will add up to a big amount which in turn will create a big hole in your pocket. But if you want to avoid that then invest in taxi app like Uber.

ride hailing platform

The rising business of the uber taxi app is the perfect example of a business, which cuts your overhead costs. The app is designed in such a manner that the whole process can be managed remotely or without having any physical space.

This also saves many overheads like the hiring of office space, workforce and resources to run and manage them. The app will help you in getting away with your multiple offices, your expense and the pain to manage them.

Let us see how the taxi app like uber helps you save cost:

The operational area increases but the cost remain unaffected

With the increasing area of operation due to expansion, the business demands more investment but, the app helps you to have your own virtual office that can manage all your work and offices based at different locations from one place.

Reduce the operational costs

The cost of office and other related expenses related to it come to nil as your business is completely managed by the app. For most companies, the monthly rent amounts to hefty dollars every month, whereas the app leaves you with the freedom of a rent-free

Customer acquisition almost free of cost

To acquire customers is the main priority for any business. Companies do spend a lot of money to get them on board.  The amount spent on acquiring the customer by the companies is much more than that of the customer acquired by  Uber taxi app.

Fixed assets not required

The asset in taxi business is taxis. As a taxi company owner, one has to invest money in buying the fleet of taxis in order to run the business whereas, in the case of a taxi app like uber, that investment is not required. The appointed drivers have their own taxi so the app owner set free from the fixed investment. Moreover, the headache of maintenance of the taxis also gone.

How it works

  • A single dashboard helps you in managing the whole system
  • Under your brand, all account manage.

The taxi app like uber has made the process easier than ever before for business owners to spread out their business to various locations without having extensive overhead costs.

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How to make the Uber like App Development work for You

Uber is a brand, an industry and a phenomenal concept that has changed the way we travel today. However, have we ever wondered what has made it so successful? Is it the unique technology, or the way it works, or a combination of both? Every time you open the newspapers, or surf the internet or even go out you will definitely come across Uber or read about how various businesses are springing up everywhere using uber like app development for their business.

taxi like app development

From a layman’s point of view, it does make you wonder how these startups are succeeding. Well, they must be because these days there is an Uber for everything, leave alone taxis. Let’s actually look at it from a potential entrepreneur’s point of view. If you are thinking of venturing into an Uber-like startup then you need to check out what Uber is and how it is making money for its owners. If it can make money for them, then surely this technology can make money for you too.

What is Uber?

Uber is actually a smartphone app that connects passengers to drivers. Initially, it was begun as a taxi service, but today you can use its technology for almost any service you require. However, let’s talk about the original Uber because that is what we are all familiar with.

The drivers register on the app and use their own cars whilst driving for Uber. For every fare that the driver gets, Uber takes a percentage cut.

The uber workings in detail

Now let us look at each entity in this trio of operations for that seamlessly synchronized ride. The Uber package is actually a set of three, the driver app for the driver, the passenger app for the rider and the admin panel for Uber. Let’s see how they work individually and with each other to provide that best riding experience that Uber is branded for.

The cab driver

Anyone who has a driving license can apply to drive with Uber. Any normal person like me and you can drive for Uber. However, there is a strict screening process to make sure all your papers are in order before you can start picking up fares. Once you clear the screening process you will be registered by the admin on the system and you can start driving for Uber once you download the driver app, and activate it after registration. As a driver, you receive a regular income whilst driving at the time of your choice.

The passenger

Anyone who requires a taxi at short notice needs to download and register on the passenger version of the app. They can now search for taxis using their smartphones as all taxis in the nearby vicinity will show up on their screen. Once their fare is confirmed, the passenger can communicate with the driver as well as track the cab as it makes its way to the pickup point. Riders prefer this way of booking a taxi because they get their ride when they want it; it can be booked in the comfort of their homes at short notice and is economical on the pocket too. Let’s not forget the comfort of the ride too.

The admin (uber)

Uber gets approximately 20% of the cut of the fare from every driver. That is their commission for the facilitating and managing the service.

How uber earns

The admin or Uber is actually responsible for how much revenue is generated from every ride. Let’s look at how they maximize their earning potential.

  • A percentage of the trip fare, which is a combination of the waiting time, travel time, distance and any taxes, if applicable
  • Uber also have different modes of transportation, apart from taxis that they can earn from. This includes helicopters, bikes, jets, bike taxis, and cars.
  • Uber is available in many countries in the world. In some countries, it has customized rides for kids, senior citizens, ladies etc. Uber charges different rates whenever they provide these services.
  • Surge pricing – This is one very big source of income for Uber. Here the principle of supply and demand is applied to maximize their potential. Whenever there are fewer taxis and the demand for them is high, the price is hiked up. Instances like Christmas Day, public holidays, early morning or late evening rush hours are ideal for surge pricing, and Uber makes the most of these times.
  • Drivers pay a listing fee when they register to drive for Uber. Another nice little earner for the company.

BE THE NEXT UBER

Coming back to what I started with, now that you know where the money is, you too can start your own on-demand business of a service of your choice or maybe just do what Uber is doing. All you need is an Uber like app development from a reputed company and start making your millions. It’s as easy as that. These apps are not even that expensive. Do your research and you will find that there are some very good deals for these apps where you get good customer service, a reasonably priced app and a load of free services too. Take that first step to being the next Uber.