Vientiane Jixiang Taxi Company Business Plan

The Lao People's Democratic Republic refers to a developing country with a population of 6,961,210 in recent years.Vientiane is capital and largest city of Laos,it has a poputiona of 850,000.In Vientiane,Most people use private cars because Lao people think that if they have their own car,it help them be convenient and to go wherever they want.It 's not like waiting for a bus or a bus can only reach the destination,and the public transportation service does not suit for rush hours because it is quiet slow.For instance,the taxi is actually faster,but the charge surpasses the actual charge,that why it is not popular.Nowaday,smartphone has become the part of daily life.Tecchnology is involves in public transportation service,car services can be called through the application,it can supply to the passenger'need including a new generation's need.It provides comfortable,convienient and safe life,that be worthwhile after utilization.In Laos,although there is no such as Didi,Uber taxi and other taxi services application as convenient as China or other developing countries,if the outsiders come over,the only way is to rush cars.Therefore,I have the idea to put the online car rental platform to operate in Laos.I collected information through market research and found that there are no online car rental in the Lao market.All of them are traditional transpotation service.On January 25,2019,Lao government has promoted the year of tourism between China and Laos.As a result,I wrote the business plan to initiate the business as car transportation service through online application in Laos.This will contribute to increase my country's public income and transportation service when it can start this business in Laos.Vientiane Prosperous Taxi Company is the centeral link between the customers and drivers to make an appointment on the online taxi platform,and the online taxi is carried out through a mobile phone application,it can be clearly understood that customers can find drivers and drivers can reach customes easily through this application.That means The platform will help the customer to know that the driver is the closest to you and that car service won't be empty when finding customers.At present,the Vientiane Lucky Taxi Company will have online and cash payment functions.Passengers who arrive at their destination by taking the Vientiane Lucky Taxi can choose personal payment and switch to cash payment when paying the fare,and then settle with cash.Regarding the financing,preparing to register requires an investment of 1 million US dollas.At present,I and my partner have only300,000 US dollars as the budget for investing,and we must attract others to invest700,000 US dollars.the portion of shares that I need investing is about 70% of total shares in amount of 300,000 US dollars,while I will find another partner to provdie me about 700,000 US dollars and I let him take 30% of the shares.In this concept,I am confident that I can earn profit from it within 5 years in the future.