Who know roughly speaking introductory a minicab company?
I need to know setup costs, running of the business, whats involved & needed, permissions etc etc.. essentially everything!!Serious answers pls :)
Answers: In the UK you usually have to enjoy a licence from the local council (GLA in London).
In London within is also a split between mini-cabs and traditional 'Black Cabs'. The former must be pre-booked, and only black cabs can 'ply for hire' i.e. pick up from the street.
Also memo the traditional cabs are very expensive - you are probably better hiring one from a specialist company
Where are you located? In Michigan, Cabs are required to be registered locally and own an MPSC license, or Registered through the Michigan Dept of Transportation if operating state wide.
Carry 1.5 million of liability insurance on EACH element. Have an annual inspection by a DOT licensed mechanic and form filed annually.
If you are going to own employees, within is workers compensation insurance. There are many other nominal fees and documents involved.
Good Luck!
Who know almost slit a minicab company?
I need to know setup costs, running of the business, whats involved & needed, permissions etc etc.. vitally everything!!Serious answers pls :)
Answers: This profile provides a starting point for anyone interested in setting up a business offering hackney cab and private hire services.
Although the word taxi is used as a nonspecific term, public taxi or Hackney carriages are licensed to pick up passenger from ranks in public places, through pre-booking and by mortal hailed on the street. Private hire vehicle can only transport customers who enjoy a prior booking and face steep penalty if caught trying to solicit customers on the street.
A taxi and private hire business can be run by a sole trader, operating a single vehicle from home. Alternatively you could operate a hackney cab fleet, either as a co-operative of self-employed drivers operating from designated premises, or as a fixed company employing drivers who hire their vehicle from the company.
The industry is highly competitive, but within are many opportunity to establish a viable niche business that may cater to the growing market for a personal service...
To read on see here http://www.scavenger.net/product.php?pro...
And to gain a copy of the business opportunity profile free of charge just ask your local business relationship http://www.businesslink.gov.uk/bdotg/act...
best of luck with your concept!
Rebecca x
Black cabs ('proper taxis') are very expensive. There are some companies who rent or lease out cabs to qualified drivers, but afterwards you have to budget for payments to them.
In London the licencing authority is the GLA (Transport for London)
How to acquire a excise ID # for a business?
I have a small internet business I started and would approaching to expand it. In order to give support to with file taxes as well as to be capable of buy my supplies wholesale, I would like to procure a tax ID# for my business.How would I jump about doing this?
My business isn't registered or anything. It's really small, I basically sew stuff and sell it. I started a freewebs.com page to serve advertise.
Do I entail an official mark for my business. If so, how do I register it and such?
Answers: Call an attorney who will give you free consultation.
You can take the tax ego yourself but the paperwork is nuts.
Nope, the paperwork is NOT nuts. IRS has an online form you can riddle out. It's easy and hasty.
From the IRS: "An Employer Identification Number (EIN) is also known as a Federal Tax Identification Number, and is used to identify a business entity. Generally, businesses have need of an EIN. You may apply for an EIN in mixed ways, and now you may apply online. This is a free service offered by the Internal Revenue Service."
Link below. Hope this help.
You get that from the IRS.
follow the connection and read the information.
It's called TIN Taxpayer Identification Number.
Easy to get hold of, you don't have to wages for it, but you get it from www.irs.gov. Follow the knit below for the info page.
It will definatley be a good opinion to register your company's name ... this will ensure that you're not accidentally using some else's baptize or vice versa some one else cannot use your name.
see an accountant who will do adjectives the work for you ... Get set up and once you have adjectives the paper work etc you can drop the accountant and do your own dissertation work.