Do you know that there are a lot of driving-related business ideas you can begin your path to entrepreneurship? Of course, there are. This article discusses 12 profitable driving business ideas for you to explore.
While some require your driving skills and experience, some may need your intelligence and entrepreneurial mindset with or without a driving skill.
Read on to learn about these businesses.
Future Relevance Of Driving Business – Transportation Industry
The driving business is an evergreen business in the transportation industry.
This is because it is one of the largest industries with an ever-growing demand in every part of the world.
The global transportation industry is predicted to grow at a CAGR of 3.4% through 2027.
According to Report Linker, the industry’s value will grow to $7.8 trillion by 2027.
Furthermore, driving for the eCommerce sector is predicted to grow at a CAGR of 20.3% from 2021 to 2030.
Likewise, driving business in the manufacturing sector is expected to grow at a CAGR of 25.8% from 2021 to 2027.
If there’s any conclusion we can draw from these statistics is that there’s room for growth in this sector.
This means as the industry grows, so will your business.
If that sounds like something you want, you should seriously consider exploring business opportunities in this industry.
Here are 12 driving business ideas for you to choose from.
12 Lucrative Driving Business Ideas
1. Airport Shuttle Business
Starting an airport shuttle business is one of the driving ideas you can begin as an aspiring business owner.
It is one of the profitable driving business ideas.
The airport shuttle business involves transporting passengers from the airport to their destination within the airport.
However, this driving business requires a high capital investment.
You will need to acquire busses, vans, or cars for the shuttle service.
Also, you will need a space within the airport environment to serve as your administrative office.
You will also need to acquire licenses and permits to operate your business within the airport premises.
Hence, you need to be financially prepared before starting this business.
More importantly, you will need a solid business plan projecting how you intend to run and manage your business.
Finally, you’ll need to plan for how your customers will book your service.
This could be through an app or phone calls.
2. Ambulance Service; Driving Business Ideas
Another driving business idea you can start as an intending entrepreneur is rendering ambulance services.
This business has a high-profit margin if you go about it properly.
Ambulance service entails providing emergency transportation services to patients needing medical assistance.
That is to say, you will convey critical or injured patients to a hospital to get immediate medical care.
Also, you could convey dead bodies to the mortuary and offer funeral services.
You could offer these services to medical facilities, businesses, and authorities.
Starting this business will require purchasing ambulance vehicles and making your contact details available to your potential clients.
You will also need a license and permit for the smooth running of the business.
Above all, it’s important to get insurance for your business.
You can start this business in urban and suburban areas.
3. App-Based Taxi Business
App-based taxi business is another driving business idea you can explore.
It does not necessarily require driving skills.
There’s also a high demand for this business in most parts of the world, making it a profitable niche for driving entrepreneurs to dive into.
Thanks to technological advancement, app-based taxis can be accessed by anybody from different locations.
People can book a ride through the app for fixed charges.
This might be a viable investment opportunity if you are looking to profit from the transportation industry.
4. Bus Transport For Employees
Another driving business idea is driving buses for employees.
If you are an individual with driving experience, you should consider this business idea.
It is also one of the profitable driving business ideas.
Many corporate organizations need to covey their staff to and from the workplace.
However, not all these organizations can afford to buy a new staff bus.
Therefore, they hire bus owners who are willing to make business deals with them for this purpose.
You could start the business if you have the capital to acquire buses.
You can start this business as a charter bus company.
It is a very lucrative driving business idea.
5. Boat Charter – Driving Business Ideas
Boat charter is also one of the best profitable driving business ideas.
This business involves transportation by water (oceans or seas).
Moreover, it is a business that can be very lucrative and profitable.
However, it is a seasonal type of business.
Boat charter is a business that involves renting or chartering boats.
To start this business, you will need to decide on the type of boat you want to use for the business.
There are different types of boats, such as;
- Deck boat
- Console boat
- Bass boat
- Convertible fishing boats, and so on.
Also, you will need to register your boat charter business.
You should acquire licenses and permits.
You’ll also need to get insurance for your business.
6. Car Rental
Starting a car rental business is also one of the best profitable and lucrative driving business ideas.
Car rental is a business that rents out cars for a short period to interested persons.
Furthermore, car rental has more demand for private purposes.
To start this type of business, you will need a location with a high population density.
Your target market should be commercial centers, tourists, airports, and celebrities.
After getting a good location, you should acquire a fleet of cars for the business.
Also, you should register your business and acquire the necessary license and permits.
It will also help if you have a way for your clients to make reservations.
This will make your business unique and improve your services’ overall efficiency.
7. Courier Service
If you need a driving business that deals with the delivery of goods, you should consider a courier service.
Courier service is one of the profitable driving business ideas.
It entails transporting and delivering goods to specific locations in exchange for a service charge.
There are different ways you can offer courier services.
- Bicycle courier service
- Motorcycle courier service
- Vehicle courier service
- Airplane courier service.
You can start this business by delivering envelopes, small packages, and large shipments.
Furthermore, you will need to have some experience handling logistics to do this business.
You can start this business from your choice of location.
It could be from home or an office.
Delivering the packages yourself will help to reduce your operational costs.
You will be responsible for driving, picking, and delivering packages to their destinations.
8. Double Decker Bus Tour
If you are in an environment or city that attracts tourists, you should consider this business idea.
Starting a double-decker bus tour is one of the profitable driving business ideas.
Also, it is a lucrative and thriving business with lots of fun involved.
This business entails conveying tourists from one location to the other for sightseeing.
It can be a rewarding and profitable business venture.
However, the patronage could be seasonal.
Hence, you’ll have to be strategic about this business by;
- operating your business in a high tourist attraction area/location
- partnering with travel and tourism companies
- making your tour trip fun and interesting to retain your customers
- do some marketing (word of mouth and online) to reach your target market (tourists), etc.
9. Driving School
Starting a driving school is another driving business idea.
It is one of the profitable business ideas you should consider.
Also, if you like having fun while driving, this business idea might be the right one for you.
Driving school is designed for people who want to acquire driving skills for commercial or private purposes.
The service is not for teens only.
Adults who don’t know how to drive also demand its service.
If you want a business that will give you a steady income, you should consider starting a driving school.
To begin with, you should first register with the appropriate authority in your state or country.
Also, you should obtain licenses and permits for your driving school business.
You will need administrative staff as well as driving instructors.
Finally, you will need cars that will be used for the training.
10. Driving Service For Seniors
Another most lucrative and innovative driving business idea is driving service for senior citizens.
This is one of the profitable driving business ideas.
Starting this business is not just about driving senior citizens to medical appointments.
You could also help drive them to the grocery stores or outings in the mall.
You should consider this business if you are in an environment or society with more senior citizens/high-profile individuals.
Furthermore, if the seniors in the area have low income and can’t pay for your service, you could set up the service as a non-profit business.
By doing this, you could get grant supports to help the seniors.
These grants could be from corporate sponsors, the federal government, and grant funders.
These sets of organizations tend to utilize their funds for vulnerable citizens.
11. Luxury Bus Rentals– Driving Business Ideas
Luxury bus rental is also known as an entertainment tour bus or luxury motor coach.
This is one bus that is best used for touring.
Also, it is ideal for traveling overnight.
This is because passengers can comfortably sleep as they journey to their destination.
The luxury bus is packed with all the modern amenities for a trip.
It has air-conditioning and heating to control the temperature on the bus.
Also, it has a bathroom with a stand-up shower.
It also consists of WiFi, a kitchen, a snacks store, a drinks store, and so on.
This is also one of the profitable driving business ideas.
More importantly, you will need aggressive marketing and advertising to promote the business.
12. Truck Operator
Starting a truck operation is another driving business idea to explore if you can drive a truck.
The truck operator business is one of the profitable driving business ideas.
This is one popular service in-demand among people who want to import large goods.
As a truck operator, you can work with importers, exporters, manufacturers, and harvesters of farm products.
Furthermore, trucks are vital in delivering essential goods from one end to another.
To start this business, you can purchase one or two truck and expand as the business grow.
Also, you will need to obtain a license and permit from the appropriate authorities.
You should not forget to obtain insurance for your business and your drivers.
Finally, the driving business ideas are not limited to the ideas discussed above.
You could consider the following driving business ideas, which include;
- Towing service
- Limousine service
- Air cargo business
- Tricycle driving
- Tipper driving
- Car storage
- Private jet charter
- Kids taxi service, and so on.
Conclusion On Driving Business Ideas
There are numerous driving business ideas that are profitable.
However, each idea appeals to different interests have different requirements.
Also, there are different opportunities/business ideas in the transportation industry.
However, this depends on the city or town you are in.
Furthermore, before you start a business in the driving business idea, you should first research your business choice.
Get to know the market of the business and the customers that will patronize the business service.
Also, you should know that there is competition for every business in the world.
Therefore, these driving business ideas won’t be an exception.
Also, get a good location for your business.
However, you put your customers into consideration while choosing your location.
Finally, promote your business to reach your potential customers.
The question now is, which one do you want to choose?.
We hope we have been able to inspire you with the various driving business ideas listed and discussed above.
Every of the driving business ideas is profitable in their way.
However, none of it is a get-rich-quick-scheme.
You should work hard to achieve the profit you desire.
More importantly, as you put in the work, don’t forget to measure your performance.
This will help you know if the business is growing and the areas that need improvement.
We are rooting for you!