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Ride-hailing Service; Lets Discuss Start-up. - Business - Nairaland

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Ride-hailing Service; Lets Discuss Start-up. by ogmask: 3:14pm On Apr 29, 2021
Hello Nairalanders,
I and some friends are nursing a plan of operating our own ride-hailing company in one of the South Eastern city.
As part of our research drive I decided to bring it here to sample your views/expertise in the industry.
Here is the much I know about the business for now;
a) Develop an App or rent one
b) Get a conducive office and staff it adequately
c) Make provision for constant power supply
d) Massive adverts
e) Train vehicle premobilisation inspectors
f) Make provision for premobilisation inspection of the cars
g) Demography

This plan is still in it very early stage, I welcome any idea and remark that will edge us closer to our goal.
Meanwhile, I would like to know the following:
a) What kind of govt taxes and statutory levies are we likely to pay.
b) Are there regulatory compliance issues that we must meet at the minimum? i.e. age, model and make of car.
c) Do ride hailing companies have unions

Lets go I have my pen and paper ready to learn from you.
Re: Ride-hailing Service; Lets Discuss Start-up. by stacyadams: 5:12pm On Apr 29, 2021
ogmask:
Hello Nairalanders,
I and some friends are nursing a plan of operating our own ride-hailing company in one of the South Eastern city.
As part of our research drive I decided to bring it here to sample your views/expertise in the industry.
Here is the much I know about the business for now;
a) Develop an App or rent one
b) Get a conducive office and staff it adequately
c) Make provision for constant power supply
d) Massive adverts
e) Train vehicle premobilisation inspectors
f) Make provision for premobilisation inspection of the cars
g) Demography

This plan is still in it very early stage, I welcome any idea and remark that will edge us closer to our goal.
Meanwhile, I would like to know the following:
a) What kind of govt taxes and statutory levies are we likely to pay.
b) Are there regulatory compliance issues that we must meet at the minimum? i.e. age, model and make of car.
c) Do ride hailing companies have unions

Lets go I have my pen and paper ready to learn from you.

Will u guys give out cars too?
Re: Ride-hailing Service; Lets Discuss Start-up. by ogmask: 5:32pm On Apr 29, 2021
stacyadams:


Will u guys give out cars too?

We are still in the planning stages however, we did look at this option in one of our discussions. We talked about the possibility of getting funds to get some cars to kick start the process but then again, we can only do as much depending on what our final assessment of the business is. Right now we are here to get pples inputs to enable us put up a standard framework.
Re: Ride-hailing Service; Lets Discuss Start-up. by stacyadams: 5:56pm On Apr 29, 2021
ogmask:


We are still in the planning stages however, we did look at this option in one of our discussions. We talked about the possibility of getting funds to get some cars to kick start the process but then again, we can only do as much depending on what our final assessment of the business is. Right now we are here to get pples inputs to enable us put up a standard framework.

The population dey lagos,,
Re: Ride-hailing Service; Lets Discuss Start-up. by raffite: 5:57pm On Apr 29, 2021
I am interested. I think it is better to start without giving out cars.
Re: Ride-hailing Service; Lets Discuss Start-up. by ogmask: 6:46pm On Apr 29, 2021
raffite:
I am interested. I think it is better to start without giving out cars.

It is an option that we put on the table tho.like you said we are better off doing the administrative work without necessarily involving with the actual buying and running of the cars.
I can imagine how cumbersome and energy sapping dealing with drivers can be,thankfully, technology has made it possible to track, monitor and even get your car back thru insurance in case of theft. But like you said ar better off without that aspect.
Re: Ride-hailing Service; Lets Discuss Start-up. by ogmask: 6:51pm On Apr 29, 2021
raffite:
I am interested. I think it is better to start without giving out cars.

Ok we can talk about it. ogmaskman@gmail.com
Re: Ride-hailing Service; Lets Discuss Start-up. by Nobody: 6:51pm On Apr 29, 2021
If you don't have cash to make you app forget it. You can't compete, if uber or taxify comes to your city, it is all over.

All the thing you mentioned needs cash., the app needs cash to make, you also need money to pay for some api services from Google especially if you are using their gps, server cost and other cost to make the app functional, creating an app for personal use, is different from creating an app for commercialization.

Think about an idea that is low cost but deals with transportation
Re: Ride-hailing Service; Lets Discuss Start-up. by LearnEasy(m): 7:09pm On Apr 29, 2021
Good idea.

Get about 5-10 people who are ready to give out their cars and you are in business.
Re: Ride-hailing Service; Lets Discuss Start-up. by SavageResponse(m): 7:47pm On Apr 29, 2021
ogmask:


Ok we can talk about it. ogmaskman@gmail.com

You must have at least 1 business partner who has the technical skills to run and maintain the app otherwise the cost of always using an external party will weigh you down in the beginning
Re: Ride-hailing Service; Lets Discuss Start-up. by ogmask: 8:54pm On Apr 29, 2021
SavageResponse:


You must have at least 1 business partner who has the technical skills to run and maintain the app otherwise the cost of always using an external party will weigh you down in the beginning

Yea you right. I actually spoke with the guy that will develop the app But he said he will like to get paid for his work and not involved as a partner. We are still talking tho.
Re: Ride-hailing Service; Lets Discuss Start-up. by ogmask: 9:07pm On Apr 29, 2021
thebosstrevor1:
If you don't have cash to make you app forget it. You can't compete, if uber or taxify comes to your city, it is all over.

All the thing you mentioned needs cash., the app needs cash to make, you also need money to pay for some api services from Google especially if you are using their gps, server cost and other cost to make the app functional, creating an app for personal use, is different from creating an app for commercialization.

Think about an idea that is low cost but deals with transportation
We are looking to raise an initial step up capital of 30m from friends and associates. From our estimation we believe this should be enough to kick start the process and keep us in business for at least 2years. Thanks alot for your contribution brother.
Re: Ride-hailing Service; Lets Discuss Start-up. by ogmask: 9:08pm On Apr 29, 2021
LearnEasy:
Good idea.

Get about 5-10 people who are ready to give out their cars and you are in business.

Wow... never thought of this , was looking at open advert. Thanks for this suggestion.

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