Starting a limousine business can be very lucrative, if done correctly. Keep pace, expand slowly, offer services that are in demand, and invest in marketing, especially SEO. Get ready to deal with stress on a daily basis. This is the business that requires a lot of money to set it up.
And the more luxury service you provide, the more demanding it will be. Your limousine business will require a business license, tax identification number, and liability insurance. Drivers may require additional licenses to carry passengers, so check with the city government for any additional regional documentation requirements. You may need rental livery insurance.
This can take several weeks to secure. In Britain, the city limousine was a version of the limousine car where the driver's compartment was outside and had no weather protection. Limousine rental services generate revenue by charging chauffeured customers rates for a fixed period of time. The growth potential of a limousine rental business has remained stable in recent years, but it has been somewhat threatened by the growing importance of app-based services such as Uber and Lyft.
In some countries, such as the United States, Germany, Canada and Australia, a limousine service can be any pre-booked rental car with a driver, usually, but not always, a luxury car. In German-speaking countries, a limousine is simply a sedan, while a car with an elongated wheelbase is called a Pullman Limousine.