How to Become an Independent Taxi Cab Owner
There are people who are natural born entrepreneurs. They may have grown up in a family of business owners. If you have a love for driving, you may be interested in being an independent taxi cab driver. With the freedom to be your own boss, work hours that you choose and not have anyone telling you what to do, this occupation may be perfect for you. Do you live in a city where your business can thrive? Do you have a knack for getting along with people and a love for driving? If your answer is “yes” then follow the steps below to learn how to become an independent taxi cab driver.
- Contact the Department of Motor Vehicles for information about obtaining the proper license to drive a taxi. You may be required to have a professional chauffeurs license. Ask about the age requirements to drive a taxi. You may have to be at least 25 years old and have at least 3 years of experience behind the wheel, plus a good driving record and a clean background check. For some on-the-job training, you may want to seek an apprenticeship driving for one of the taxi services in your area. If you can do this for a period of time, you will be more comfortable driving your own taxi. It will also give you an idea of what to charge your clients. You should have a meter installed in your car to know how many miles you’ve driven and possibly a GPS tracking system, so you can know where you are going.
- Speaking of vehicles, do you own one? If not you could lease one from a taxi service. The lease may include maintenance and insurance, but it will be expensive. You may have to work long hours to make the payment. As a self employed business owner you may be eligible for a small business grant. There are many small business grants available, so do your research first, and if you are eligible you may not have to worry about leasing a taxi cab. If you would rather own your own taxi, you may not have to finance the vehicle. Some professionals suggest taking a defensive driving course if you’re going to drive a taxi cab. Some suggest taking a small business class. Learn all about being a small business owner to better prepare yourself before becoming an independent taxi cab driver.
- You must also take into consideration advertising expenses. You can advertise online, in the local newspaper and using flyers and business cards. This can be expensive, so if you are applying for a small business grant, be sure to include advertising fees in your business plan. Be prepared to drive in all kinds of weather, plus know something about car maintenance as well. Carry a flashlight with you along with a first aid kit, flares, a warm blanket, a cell phone and maps of the area. Brush up on your people skills. Be kind and courteous to your clients, so they will call you the next time they need a taxi.


