Description Of Airport Transfers For A Small Business

The potential service I could offer locally and run as a small business would be airport transfers for my local region. To deliver the service, the following would be needed to get the business up and running: Register a business; Purchase and activate a mobile phone for the business, with a suitable mobile plan that includes Internet access; Purchase a laptop and utilise free Wifi or the Internet via the mobile phone; Setup a website that covers the business information, services, rates and contact details; Setup online payment system that allows collection of payments during booking process; Purchase a van suitable as a vehicle the actual transfers; Purchase suitable vehicle insurance; Once the necessary purchases have been completed,†¦show more content†¦General Internet research to see if there are any other useful sources of information available that can help make a more informed decision. Once the information is collected a decision could be reached based on the perceived demand based on the data collected. Evaluating the competition and how much the competition already covers for the market. Consider if market penetration is going to be very difficult or if there will be limited barriers to gain entry into this market. Based on this, if there is room in the market for more competition and barriers or low, then that makes the proposed business and service more attractive. If competition is high and hard to penetrate than this makes the business proposition more risky and less favourable. Additionally any projected estimated changes in the market should be done as well. If data shows a drop per year of visitors staying in the local area then that would highlight ongoing competition will be harder as time goes on, unless something significant occurs which changes the clientele levels. As part of this exercise I ran some Internet searches on businesses offering such services and found there were many, there were also taxi companies, chauffeur services, limo services and even motels that had their own shuttle services offering services outside of the motel’s direct staying clientele. The amount of competition to enter thisShow MoreRelatedThe Transatlantic Airline Market Between The United States And Europe1423 Words   |  6 PagesMarket Description: The transatlantic airline market between the United States and Europe is the single largest intercontinental market in the world, with rigorous competition between dozens of airlines. The transatlantic market consists of passengers, both seeking business and pleasure needs. Within the first year of offering transatlantic flights, higher income professionals travelling for business purposes will be targeted, along with families and students travelling on a J-1 visa. 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