How do I start a cab and food delivery service business like Uber and Food Panda?
I want to start up a business in my hometown of Butwal, Nepal. I'm a hotel management student and I just completed my bachelor degree from Bangalore University. I plan to provide cab services (just like Ola and Uber) and food delivery service like Food Panda... In India to operate that business, what do I have to prepare?
Taxi businesses, while expensive to start up, can be incredibly lucrative in the long run. On the other hand, you can choose restaurant/food delivery services because nowadays people crave to try new and different dishes all over the world.
Advertise your chosen service. Take out a large ad in your area’s online or print telephone book to draw the most customers. Advertise in local newspapers. Make sure to include your services and contact information on all marketing materials. Create and distribute fliers with coupons to attract new customers to your business.
In addition to this, Build a website and mobile app for your business because that helps you to reach the online customers. This will probably help you to choose your business and get started.
Well, you see the point here is if you are just copying ideas like Uber and Food Panda, how can you do it in a way that they are not doing? You should think of something out of the box. Why would someone book your cab rather going for Uber? New business with the same idea is good, but you should have something to disrupt their business.
I would suggest you work in the industry you want to start a business to get some good working experience before you start up your own. Starting a business isn't that easy.
Even if you have experience, you will have to learn about company management, work in a management role for 1-2 years or read some books and practice.