These are interesting times to be a taxi driver/owner. Whether you are an independent contractor working with a company like Uber, or plying your trade as a self-employed driver, there is a massive customer base out there.
You can’t talk about the taxi industry without mentioning Uber. The California-based company, founded in 2009, has challenged the industry in a way never before seen, squeezing current operators and leaving potential new entrants questioning whether or not they should try to compete.
If you like the idea of being a friendly, reliable face for passengers, ferrying them from A to B across the capital, a career as a taxi driver in London could be tailor-made for you.
And while you won’t always be picking celebrities up from The Ritz, this type of work can be very interesting.
In the age of ride sharing, it begs the question of whether a new business taxi business can come into the market and compete with the Ubers of the world.
‘Should I be a taxi driver or an Uber driver?’ This is a question on the lips of many budding taxi drivers looking to earn a comfortable living from ferrying passengers from A to B. The truth is, there is a distinct difference between working as a fully-fledged taxi driver and an Uber driver.
The idea of starting a taxi business can be an appealing one. For many, it’s a dream to be their own boss and potentially make good money doing it. The taxi industry is unlikely to experience a decline anytime soon, so why not?