STARTING A BUS SERVICE

Starting a Bus Service

What kind of bus should I buy?  Should I buy new or used?

                How will I finance the purchase of the bus?

                What authorities do I need?  How do I file for these authorities?

                What kind of insurance do I need and what amount of coverage?

                What safety requirements will I need to meet?

                What are the requirements for vehicle maintenance?

                What is a PUC Tax? (this may not be required in all states)

                What road and fuel taxes will I need to file and pay?

                What can I expect in my first year of operations?

                I want to start a company here is a checklist to help you make plans.

                I would like to get a printed copy of this article for reference

 

 How to Start a Charter Bus Company

by Morgan Rush, Demand Media
 Starting a passenger transportation company requires a large capital outlay before you even open for business. You need to have a garage where you store your vehicles when they are not in use and do basic repairs. In some cities, such as Cleveland, Ohio, you must have a fleet of at least 25 vehicles to start a taxicab company. Other cities require you to operate your passenger transportation company 24 hours a day, which requires you to hire several drivers. Know the regulations for your city before you invest in your ground transportation business.

 Step 1

Prepare a business plan for your passenger transportation company. Set clear goals and objectives for profits by listing fares and anticipated market locations. Itemize expenses, such as labor, vehicles, insurance, fuel and maintenance. Thoroughly research your market as you prepare your plan.

 Step 2

Acquire financing for your passenger transportation company. The information you gathered for your business plan becomes part of your presentation to lending institutions for financing your business.

 Step 3

Hire employees. Depending on your state and the number of passengers allowed in your vehicles, anyone driving one of your vehicles for hire must be 18 years old and a valid driver's license. Additionally, they must have a chauffeur's license. If you transport more than 16 passengers at a time, drivers need a commercial driver's license, or CDL, with a passenger, or P, endorsement.

 Step 4

Register your business with the Secretary of State's office in your state. Set up state and federal tax identification numbers so you can pay any taxes you collect from fares. Pay any fees.

Step 5

Purchase your vehicles. Submit them to the appropriate vehicle inspections required by your state government and pay licensing fees. Modify vehicles, as necessary. This includes the installation of fare meters, communication equipment and safety shields between the driver and passengers.

 Step 6

Set up your business office and storage/maintenance garage. Acquire the computers, phones and other office equipment needed to run a business. Buy communication equipment so you can communicate with your drivers.

 Step 7

Apply for a business license in the municipality where you are operating your business. In some states, you must also have a taxicab license from the local taxi commission. An emblem displayed on your cab from this licensing agency informs your customers that you follow a set of guidelines established for taxis. Pay any fees for the business license.

 Story of Bus Company Started in Detroit, Mich.