How to Start a Limo Company - 5 First Steps to Owning a Limo Business

I'm always being asked how did I get into the limo business. Was it difficult? What were my biggest hurdles starting from scratch?

Well in this video, I breakdown the first 5 steps of starting a mini business. From insurance to marketing,m, and types of limo services, I will detail everything one by one. Sit back, grab a notebook, and let's get started!

In today's times, people are always looking at ways to add extra revenue streams. Owning a limo business takes more of a commitment than most people imagine. It takes time, hard work, persistence, and even a little bit of luck. However, don't let me talk you out of it! If you want to, where there is a will, there is definitely a way.

First and foremost, you need to find out what type of limo company/service you want to be. Do you want to do retail work as we do? Retail work means you are selling your services to the retail market vs to corporate clients and contracted events. Do you want to do airport transfers, corporate shuttles, hotel shuttles, weddings, transfers, antique vehicles, etc etc etc.

Second, do your research! Insurance is one of the biggest expenses in the limo industry. Do your research! Call different agents, brokers, and professionals in the insurance industry who can write limo policies. You need commercial insurance with enough coverage to cover you, your customers, your driver, and vehicles. This is a process, it will not happen overnight. Start making calls, find out who writes policies in your area, and start getting quotes.

Three, research some more! Google your competitors, find out what they currently own, what they offer, and how much charge. Find out if they are willing to work with you if you can list or advertise their vehicles on your website. Find out what your market lacks, and fill the void. Research, research, research! Find a way to set yourself apart from the pack. Be a leader, not a follower.

Four, look, find, and buy your first vehicle. Limo or bus, your first purchase will define who your business will become. There are several groups on Facebook that specialize in limos for sale. Search them, request to follow them, and do your homework. Learn who the main vendors are that build limos and buses, speak to them, they have years of experience. Maybe they can help you open your eyes to a vehicle, brand or specific type of vehicle that you would never have thought of. Speak to everyone you can.

Five, MARKET! Market, market, market. Build a website, list your website on all the free directories online. Use your friends, family, Facebook friends, Instagram followers, Snapchat people, Twitter, etc etc etc. Learn SEO, post your website on google my business, map listings, etc. If you don't know how, find someone who does, and pay them!

Видео How to Start a Limo Company - 5 First Steps to Owning a Limo Business канала American AF Dumpsters