If you are interested in working for yourself, you might want to start a cab service. You can even start by purchasing a few used cars that will pass inspection requirements for public use vehicles. Needless to say, you will not need to have a used Audi in your fleet in order to be successful. Aside from car loans to purchase these vehicles, you may be able to get additional credit to help with starting your business. 

One of the main factors you will need to consider when starting a cab service is the cost of car insurance. If you have a hard time finding cheap car insurance as a regular driver, you can expect it to be much harder when you go into this type of business. In particular, if you are going to hire people, you will have to be very careful to select individuals that have a clean driving record. It would also be a good thing to have a written policy in place regarding what actions you will take if an employee gets a traffic ticket.

Even though the startup expense associated with a taxicab service is very high, you have unlimited potential for business expansion. With a little bit of careful planning, you can have the kind of business that provides a useful service as well offer a decent living to you and your employees. Chances are, if you earn a reputation for being reliable and fair in your prices, you will have a steady stream of customers on a daily basis.