Shuttle buses are either hired or purchased depending on the demand. If the buyer wants to establish a transportation company then they are more likely to purchase. However, if a group of people need to get together for a few days in a year, then they are more likely to hire them. Shuttle buses are huge vehicles, bigger than a car or an SUV. Accordingly, a considerable amount of cash is spent to maintain them in a fully operational condition. When the owner is spending hundreds of thousands of dollars a year on owning a bus, then he should be generating revenues off it too, till he makes a decent profit. This is the deciding factor whether one will buy or hire the bus?
If an individual or a company knows there is sufficient demand in the market for shuttle services then they are more likely to buy the vehicle and start making money. However, if the individual estimates that he or she will need a bus for a special occasion just once or twice a year, then they are more likely to hire. For example, stock brokers on Wall Street may need a bus for a team to get together to celebrate their team leader's birthday in a luxury hotel. Since the birthday will happen just once a year, they are not going to purchase a shuttle bus, instead they will choose to hire. On the other hand a Real Estate company that frequently needs to take its clients to property development or for sale sites will choose to buy the shuttle bus for a one time transaction rather than hiring again and again.
Thus it all depends on the demand. Higher demand leads to purchase and lower leads to hiring. The fact is that human society is full of low volume demand for group transportation. For example, people keep getting married everyday in some part of the city. Accordingly the bride and groom would like to celebrate the occasion by inviting friends and relatives to the ceremony. When people from different locations get together at an event. The event organizers will most likely hire a shuttle bus service to pick up every invitee and make sure they all reach the venue on time.
A smart entrepreneur can buy a bus for a one time fee and then find low volume transportation opportunities in his city to start a new business. Another good example is that of a Church. They are usually closed on weekdays. However many of them offer pickup and drop off services to congregation members to avoid parking congestion on site during Sunday gatherings. Some of them may even offer prayer services twice or three times in a week for members of different age groups. Accordingly the entrepreneur can contact 20 to 25 Churches in the city and try to check with them if they need a shuttle service. Buses are the lifeline of new Churches. But many startup Churches can't afford to buy them outright. Thus the difference in the demand and supply can be fulfilled by a company or an individual who already owns a shuttle bus.
Other industries of opportunity are hotels. They often need to pick up and drop off guests to the nearest transportation hub like airports, railways and bus junctions. Casinos operate more like the Churches because customers often like to visit them on weekends and holidays. Similarly, Schools and Colleges need bus service to pick up and drop off their students on a daily basis. It may sound surprising but even businesses need Shuttle services if they are located too far from the major transportation hubs.
Many organizations can't buy a bus either because the intensity of usage is low or because they are too small to spend big money on them. There are hundreds of businesses, organizations and institutions in the same category. This gives the smart entrepreneur an opportunity to set up a new business by buying the shuttle bus and offering it to anybody who needs it occasionally at low frequency for a fee. This is the difference between hiring and purchasing.
Those who are busy with other professions and need a group get together once will hire a bus.
Those who have ample spare time, money and can see the demand for a bus service in the society will choose to purchase the bus and make profits.
If the demand is high and people are ready to pay anything to get to their Places of Employment during the morning rush hours, then the profits can skyrocket. However if the demand is not intense and people are weary of spending additional pennies on a superior and faster service then the profits will be meager or decent.
Owning a shuttle bus these days is easier than ever before. Their second hand or preowned versions cost almost half the price of new buses. As a result more and more entrepreneurs are entering the transportation industry to set up new business enterprises and be their own CEO's.
Major Vehicle Exchange is a used shuttle bus for sale dealership that has sold its premium quality shuttles to clients across the United States for several decades. Buyers have either purchased our buses to set up new transportation businesses or used them for personal consumption by Church, Casino, Schools, Colleges, Sports Teams, Businesses etc. You too can start a shuttle bus hiring service by purchasing one of our fully reconditioned buses. We inspect and repair more than 300 components in every vehicle we sell. As a result the buyers can be confident that their purchase won't break down unexpectedly with catastrophic repair costs. With this reassurance they can confidently set up new businesses. We even buy back our vehicles at a reasonable price provided they were maintained on a regular basis and in good condition. For more visit our website and call the owner Charlie at 516-333-7483 today!
https://www.quora.com/Why-do-we-hire-shuttle-bus-services/answer/Charles-Kaufman-8
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