How to start an Uber-like business from scratch?

How to start an Uber-like business from scratch?

Have you always wondered how to start an Uber-like business? This blog is just for you! Still waiting? Go on read it and get started!

Saaradha Senthil Kumar
Saaradha Senthil Kumar

The Uber-like business has always been a fascination to many when they want to start an online business.

Uberisation is the term used to define the existing kind of on-demand taxi app business, where the new participants enter into, by using computing platforms (Mobile apps & Web Panels).

The process of starting an online taxi business from scratch could be a difficult task. To make it easier there are ready-made apps that can be customized into anything you specifically want.

This blog briefs on the breakdown of starting an Uber-like business with extensive knowledge of the features and the benefits.

Steps to start an Uber-like taxi business

These are some of the steps to think about before knowing how to start an online business.

Step 1: Narrow down your niche

There are various niches to choose from when it comes to Uber-based businesses. Pick a niche that works for you.

Step 2: Business Plan Canvas

The second step is for you to figure out the business and the revenue model of your Uber-like business. The personnel involved and the type of revenue you want to generate to keep your business going.

Step 3: Understanding the workflow

When you pick a niche it is essential to know how the actual process works. You can refer to your potential competitors or involve in market research to educate yourself on the know-how.

Step 4: Tech Stack

Tech Stack is used during the development of the Uber like app or web panel of your choice. It has to be modern, trendy, and importantly higher performance.

Step 5: Features(Want or Not)

When you do complete market research before taking your plan to a developer. It is essential to know what kind of features you want and don’t want for your app to make it a Minimum Viable Product (MVP). The features have to work for your business specifically.

That’s the whole point!

Features to consider for the taxi business like Uber

Riders app features Drivers app features Admin panel features
Registration: It is a one-step registration process. The rider just has to give their mobile number to receive a One-Time Password to confirm the number to be registered. Booking visibility: The drivers must be able to track their bookings: current and past bookings with the help of an easy-to-understand dashboard. Manage users: The Admin must be able to oversee the users, their contact information, and other details.
Multiple categories: The rider can specifically look for different types of vehicles that are registered with the app. Payout method: The driver must be able to include their debit/credit card details (multiple) and set one in default to receive their earnings for the ride. Manage promo codes: The Admin must study the demand and allocate discounts and coupon codes if necessary. He can enable or disable the promo codes via his web panel.
Fare estimation: An approximate fare estimate of the ride will be shown in the app before booking a ride. Earnings report: The driver can track their earnings: Weekly and Total earnings. Auto-payout: The payouts (distribution of earnings) could be performed automatically. It saves a lot of time when managing the admin panel.
Secure payment options: There can be three payment options as Cash, Wallet, and Debit/credit card payments. And to explain the Wallet option – The customer has to add money to the wallet whenever required, by giving their card details. Dynamic routing: This feature can help the driver to know the shortest route to the drop location. And also the estimated time of arrival and approximate fare. Geo-fencing: This feature can help the admin to narrow down his users to a particular region
Scheduled booking: The rider will be able to schedule rides by giving the date and time they need it. Push notification: The Driver must receive a push notification for each action taken by the Rider and also any new instructions given by the admin.

Other interesting features!

Multiple Languages and Currencies

The apps and the web panel should be customized into any language and currency the admin wants. It works around all the platforms. To spice it up, there is an RTL (Right to Left) language support as well.

Precaution Notification:

With pandemic all over the world, it is essential as an admin to take responsibility for reminding the riders to take precautionary measures before entering the vehicle. There can be a notification stating the same for the drivers.

SOS Assistance:

The rider has the option of adding an emergency contact number in the rider’s app after logging in. This ensures that the admin cares enough about the safety of the riders.

Benefits of having an on-demand taxi app to start an Uber-like business:

  1. Extensive Market Reach: The number of smartphone users is increasing day by day. Therefore, it is understood that the number of app installers is rapidly increasing. This could be an advantage for online business start-ups.

  2. Complete Business Automation: It lessens the manual handling of the business. And the earnings are automatically transferred to the admin and the driver. All the functionalities can be controlled using a simple dashboard by the admin.

  3. Transparency: There is no wondering about ‘Who does What?’ – the activities of the rider and the driver is completely transparent to the admin. And both the drivers and riders are given ample information regarding the ride.

  4. Cost of Operations: Duh! Obviously. This is one of the most important factors to consider before taking your taxi business like Uber online. You can run your online taxi business with lower operating costs than the traditional method.

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Starting a business

Saaradha Senthil Kumar

Saaradha is a former content writer at RadicalStart. She helped aspiring entrepreneurs digitize their business through thoroughly constructed blogs on booming business ideas and technology.