Financial Plan The purpose of this business plan is to get financing for this business. In Progress Acquiring of luxury cars and limousines: Completed Purchase of Insurance for the Business: And as people, disposable incomes increases, the tourism, and hospitality industry begins to do better.
Therefore it has fulfilled the statutory requirements to run a luxury car company. Lastly, all our employees will be well taken care of, and their welfare package will be among the best within our category startups limousine and town car services businesses in the United States in the industry.
This includes both drivers and admin staff. The technical staff comprises majorly of the drivers and the engineers who maintain the fleet. Good enough there is no hard and fast rule on how to advertise or promote a limousine rental and town car services business. Business People Our Competitive Advantage Limousine services business has low level entry barrier hence it is an easy to set up business especially if you have the finance to acquire limousines and other luxurious cars and the ability to run and manage a business.
The sales projections are based on information gathered on the field and some assumptions that are peculiar to similar startups in Los Angeles — California.
The tools and equipment that will be used are nearly the same cost everywhere, and any difference in prices would be minimal and can be overlooked.
And of course, chauffer driven car rentals. This means the people can afford one or two luxuries here and there. This means that the start-up can either be low or high depending on your goals, vision and aspirations for your business.
In Progress Conducting Feasibility Studies: Therefore we are sure of getting the company out and what it is that we do. So also, we have a well — experienced and qualified team that can go all the way to give our clients value for their money; a team that are trained and equipped to pay attention to details.
These are the areas we intend generating our start — up capital; Generate part of the start — up capital from personal savings and sale of his stocks Generate part of the start — up capital from friends and other extended family members Generate a larger chunk of the startup capital from the bank loan facility.
In Progress Writing of Business Plan: All these are headed by Mr. And the company owner also has contacts in the entertainment industry. Limousine Service Business Plan — Sustainability and Expansion Strategy The future of a business lies in the numbers of loyal customers that they have and the capacity and competence of the employees, their investment strategy and the business structure.
Completed Applications for Loan from the bank: The idea is to bring the fleet to 20 cars. We intend to become the go-to luxury car Rentals Company in California and all around the U. In Progress Recruitment of employees: Completed Opening Mobile Money Accounts: Sales and Marketing Strategy Mr.
We will ensure that we build a loyal customer base. They are the sole financial of the business which is why they decided to restrict the sourcing of the start — up capital for the business to just three major sources.
With this limousine hire business plan sample though, you can have a headway in what you want to do. It means that the possibility of limousine and town car services business springing up in the location where our company is located is high.
Completed Acquiring facility with enough parking lots and remodeling the facility: We are quite aware of how satisfied customers drive business growth especially businesses like limousine and town car rental services.
If you intend to go big by renting a place, then you would need a good amount of capital as you would need to ensure that your employees are well taken care of, and that your facility is conducive enough for workers to be creative and productive.
We are aware of this that is why we decided to come up with a business concept that will position us to become the leader in Los Angeles — California.If you are looking for a sample limousine service business plan template, here is a business plan for starting a limo rental business and free feasibility study.
Sample Business Plan on Limousine Service Business Plan Read 5 Pages From This Business Plan Below: click here for 5 page color sample including graphics. If YES, here is a complete sample limousine service business plan template & feasibility report you can use for FREE. Okay, so we have considered all the requirements for starting a limo rental business.
company operating in the chauffeur-driven limousine sector (SIC code and NAICS code ) 1. The product, company, industry, market, company strategy, and financial performance are detailed herein. Industry & Market The chauffeur-driven vehicle industry serves a multitude of needs for businesses and individuals across all.
Remember, occasional or first-time users of limousine service think all service is the same, so it’s just a price decision for them. Of course, we know some limousine companies only purchase brand new, first-line equipment, while others tend to purchase and run current body style used vehicles. business during hours when airport transfers are slow.
It will also be beneficial to find market segments that are brand loyal (less price-sensitive) which result in longer fares of a less-hectic nature. Company Summary San Francisco Limo Incorporated is a small privately-owned limousine service headquartered in Burlingame.Download