If you are looking for a decent business to start, and you live close to an airport in Nigeria, then consider starting an airport shuttle business. This business has great prospects and is a well-recognized employment opportunity for Nigerians.
Airport shuttle business, just like the traditional shuttle business is all about conveying airport passengers. It also involved movement of their luggage to and from their destination.
How to start Airport Shuttle Business or Airport taxi Business in Nigeria
In this post, we will seek to give explanations to the following topics:
- airport taxi business in lagos
- starting taxi business in abuja
- airport taxi business in abuja
- airport taxi business in nigeria
- best car for taxi business in nigeria
- feasibility study on transportation business in nigeria
- starting a shuttle van service
- transport business
To begin with, you need to first find out from the authorities of the airport you wish to operate from whether private firms are permitted to carry out airport shuttle services in their premises. If yes, then, find out the necessary guidelines, rules and regulations which govern such operations.
Ones you have done all that, then you are ready to follow the remaining steps discussed in this article to start a profitable airport shuttle business in your area.
One of such is to get a decent cab or taxi vehicle which you will be using to run your shuttle business. such a vehicle should be all-purpose, comfortable and able to accommodate physically challenged people as well.
Feasibility Study for Airport Shuttle Business in Nigeria
First, examine the airport and its environs. Then, ask necessary questions from veterans in this business. That is people who already exist in airport shuttle business in Nigeria.
These are some of the aspects of feasibility studies for this business. at the end of the day, you would have known all the ins-and-outs of the business, the profits and chances of loss, possible clients’ needs, the level of competition in the industry and how to beat them and so on and so forth.
Airport Shuttle Business Plan
Your airport shuttle business plan will give you a schematic of your business idea value proposition. It should include your business goals, values, mission and vision, target market and marketing strategies as well as strategies for business expansion.
It is with your business plan that you will know how to manage your business and, also, outline policies governing recruitment and budgeting. Your business plan contains every other aspect of the business
Where you cannot develop an airport shuttle business plan on your own, then do well to ask for the service of a professional airport shuttle business planner to help you develop one.
He or she will have to work with you in the process of doing this because it is you and you alone that knows exactly what you want, even though you may not have the technical know-how to put it together.
Funding and Finance Required for Airport Shuttle Business in Nigeria
Airport shuttle business, although a highly lucrative business is also capital intensive. It requires nothing less than N500, 0000 to run this business, especially where you are buying your own car or taxi, even if it is fair-used cars.
The price double or quadruples where you are buying or renting many cars, buses and vans for this business. but as I like to tell people entering any business newly, “start with just one car at first”. In fact, where you have to rent, do it.
Another aspect of this business is your office location. Here, you will have to rent a location where your administrative tasks such as customer care centre, bookings and accounting etc. will be carried out.
Thirdly, you need some money to settle all the necessary dues, licenses and business permits. So, before you set in, have at the back of your mind that nothing less than N800, 000 will go in the startup stage, especially where you are going to buy the cab you are to use for this business.
Buy Or Rent Your Cars for your Airport Shuttle Business in Nigeria
There are specific buses required to run as shuttles in the airport especially if your shuttle service is inside the airport premises. So, you need to get the specification of the automobile needed from the airport authority.
In case you want to run a shuttle service that operates from outside the airport, then you should acquire the kind of cars or buses that will suit your target market.
If you are to run your airport shuttle business with airport premises, then there is a standard grade of vehicles allowed there. Not just any car can run shuttle services within airport premises and you’ll be told this when you go to consult with the airport authorities.
So, try to fix this on time. It is very important. Most likely, you should get a new or high-quality sports cars for this business.
You may not need high-class cars if you are intending to run your airport shuttle business outside the airport premises.
Define Your Target Market
Quickly, when it comes to targeting dignitaries and high-end airport passengers, please go for high-quality, exotic vehicles. This includes Limousines, classy sports cars, Jeeps etc.
Depending on how much you have, you can either purchase your vehicles or better still, lease it. This recalls the question of defining your target market before you start.
Required Licenses and Permits to Start Airport Shuttle Business in Nigeria
The regulatory body for airport activities in Nigeria is Federal Airport Authority of Nigeria (FAAN) and other designated airport facilitators in Nigeria. You need to acquire licenses and permits from these and the airport authority you intend to run your shuttle business from.
They will tell you the standards to meet during the inquiry/consultation stage. You will also know the fees to be paid before you obtain the necessary licenses and permits to run.
Airport shuttle business in Nigeria requires an insurance cover. Where you have many drivers working for you, you will be required to get an individual vehicle insurance cover and permit for each vehicle and driver.
Staffing and Personnel
You may not be able to run airport shuttle business alone, especially where you are running it as a company. But if you are doing it sol proprietorship business, then, you can just be your own boss.
Among the staffing for this business includes administrative personnel, drivers, conductors, payroll staff, customer care and finance/budgeting personnel. Aside from these, you also need technicians and engineers to fix and service your vehicles in cases of breakdown.
Train and retrain your staffs for higher efficiency.
Marketing, Sustainability and Productivity Tips
During your feasibility study and inquiries, you will identify your target niche in the airport shuttle business. It is now dawn on you to devise effective strategies for sustainability and profitability of this business.
One way is to go into partnerships with travels agencies, hotels, logistics companies and travelling companies. Additionally, offer your clients high-class services and anticipate a return-call. Target the who’s who in the society too.
These are bound to bring in the big money which you need. That is where getting a good vehicle for your airport shuttle business will greatly stand you out from the crowd.
Thank you. I hope you learnt from this.
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