Some people are keen to drive cabs while others would rather go upscale with a limo service.
But if you’re looking for start a business that offers both the sophistication and size of limousines with the high quantity of passengers that a cab can haul in a day (oh, and a little alcohol thrown in), starting up a party bus company could provide the answer.
If you’re a people-pleaser who loves to make sure everyone has a great time, you can capitalize on your personable proclivities.
Here’s how to get the party bus started.
Get a Bus
You might think that the place to start is with a loan.
But truth be told, you’ll have a hard time securing a loan without first having at least one bus.
It’s the same basic principle that applies to starting your own cab company or limo service; once you’ve proven your resolve and an ability to save money in pursuit of your professional goals you’ll have a much better shot at securing the funding you need to expand your operation.
If you have a viable business in the works already (consider it your investment in your own enterprise) then snagging loans and investors will be much easier.
Get a License
Not all states require a special endorsement to drive large and/or commercial vehicles, but some do.
So if you’re going to drive the party bus you need to check with your state’s DMV to find out if licensing is needed. Otherwise you’ll simply have to hire a qualified driver.
Of course, you should also check with your local chamber of commerce to find out if your type of business is required to have any type of liquor license (or other dispensation) in order to bypass open container laws.
Get a Loan
With a bus and a driver on board you’re pretty much ready to start taking jobs. But in order to secure bookings you’ll probably need to outfit your rig with modern amenities that the party bus crowd will appreciate (monitors, light shows, plenty of mini fridges to keep the liquor cold, and so on). It couldn’t hurt to add some swanky seating, as well.
And at some point you’d be well advised to secure a permanent business address (instead of running your operation out of mom’s basement).
A loan (or investment) can help with all of these expenses and a proven business with growth potential is more likely to gain approval for this type of funding.
You’re probably not the only party-bus game in town, which means you have to find a way to differentiate yourself from the competition.
This is only partially accomplished by creating a name, logo, slogan, jingle, and other symbology to represent your business. You also need to think about your goals and ideals, and how these set you apart.
You might be tempted to adopt some kind of gimmick, but resist this urge; it will only make what could be an upscale (and expensive) entertainment option into something tacky and undesirable.
Once you’ve got all your ducks in a row, you’re earning some income, and you’ve managed to snag a loan it’s time to expand.
So beef up your operation in your home town, adding a bus at a time, until you can move into other cities (bus rentals NYC to LA). It all starts with one fun mode of transport, but it could end with a vastly successful party bus business.