I thought I would share this business idea even while considering to start this business myself. I personally could have benefited from this type of service as I was needing a family member to be transported to and from dialysis throughout the week. Many businesses got their start from needing a particular type service and could not find or knew they could perform better than the operators already in existence.
Non-emergency medical transportation - A non-emergency medical transportation company primarily deals with transportation of the elderly and disabled.
While I was researching this business idea, I came across Joel Davis author of How To Start A Million Dollar Medical Transportation Company and operator of his own medical transportation company. Joel has an e-book were he gives and informational tips about how to start a non-emergency medical transportation business. He discusses getting started, researching the local market, choosing the right wheelchair van equipment, marketing, and more.
To learn more about his medical transportation business course, click here.
Joel has videos of were he actually does a surprise visit to people whom have started a medical transportation business using his e-book course. Watch as business owners discuss how they got started and being profitable using his course.
Here are some great government resources for the new entrepreneur or start-up business.
The following resources provide information on government programs and services that help members of minority groups start their own businesses, and conduct business with the federal government.
Running your own business is a rewarding but engaging career and life choice. It demands your time and focus. Start by expecting to live your work until it is established so it can get off the ground. There are many different opinions about how to start a business from researching and writing a detailed business plan -- to organize it all -- to just jumping into a passion and trying to make money out of it.
Steps
Start with your idea. This probably isn’t a brand new invention or new product. In fact, many successful small businesses have found a way to deliver an existing service or product more efficiently and economically or have customized an existing product or service to fit an opportunity.
Put together a business plan. This doesn’t require hundreds of pages with thousands of charts. Include research into things like how much you can charge for your product/service, how much it will cost to produce or deliver (include variable & fixed costs), and the size of your potential market (i.e. number of customers). The plan should evaluate your competitors – how many competitors, how strong are they, where are they, how will you compete. The plan should state what is required to enter this market, barriers to entry such as high fixed costs (factories, restaurants) and government regulations that must be met.
Determine if you need financing. Your business plan will include a section on financing. How will you pay the costs to start and run your business? Do you need a bank loan? Use credit cards? Self finance? Also, you’ll need to consider how much salary you need to support yourself while starting your business.
Put together your initial marketing plan. Marketing need not cost a fortune. Some businesses require very little. For example, many service businesses such as accounting firms build their practices through word-of-mouth referrals. You can also join free or low-cost associations to build awareness of your small business. Again, your business plan (product, customer, competitor) will help you determine the marketing efforts you need to undertake.
Build your infrastructure early. This doesn’t mean build a big factory or a fancy office. It simply means keep accurate customer records, a clean set of updated books and a technology foundation, if necessary. One of the downfalls of many small businesses is that they don’t know if they’re making or losing money (i.e. the need for a clean set of books). Another downfall is when small business owners try to sell their company years later but lack accurate customer history and customer information. Many times, the customers of a small business are its best asset, and, without the records, the small business can be sold only for salvage.
Move forward and get started. Once you know you can be profitable take the leap and get started. Besides getting business supplies or advertising, plan ahead by establishing some new business clients ahead of time. If you’re business is unlike a restaurant, that physically needs to wait for customers to walk into it’s doors, establish accounts ahead of time. In this way, you will have pre-planned future receivables to look forward to. Think about and focus on making money first, where ever possible, instead of spending money. The more money you can bring in, without spending money, the more profitable you are going to be.
Use the web. Use every technology available that will give your business a competitive advantage. The internet is a customers research tool. Help future customers learn more about you and the details about what you sell and why your products or services are different and better for them than other competitors.
Make paying for your items or service convenient. In today’s world, understand how people pay. Carrying cash can be risky. Therefore, most people choose to carry Visa, Mastercard, American Express and Discover. All these credit cards are part of our societies everyday life for making purchases. Debit cards are becoming especially popular. So, along with having a sales counter cash register, get set up to accept credit cards for your business.
Tips
Use free resources. Your local library contains numerous useful references regarding incorporation, writing business plans, marketing, as well as information specific to your industry. The Small Business Association, Chamber of Commerce, …all of these offer training, materials, networking and sometimes financing. Another good option is SCORE, a group of retired executives who provide business start-up advice.
Recognize that getting your business off the ground will take time. Most businesses don’t become profitable right away, so plan for that in your personal life too. You will be making sacrifices to be your own boss.
An eBook consisting of 2 Volumes that takes you from making the decision whether to start a business to what you need to do and what to look out for. A valuable resource for those that consider starting their own service, retail or manufacturing business
author of How To Start A Million Dollar Medical Transportation Company and operator of his own medical transportation company. Joel has an e-book were he gives and informational tips about how to start a non-emergency medical transportation business. He discusses getting started, researching the local market, choosing the right wheelchair van equipment, marketing, and more.
