Starting a bus tour business requires careful planning and consideration. This checklist will help you stay on track and ensure that you have all the necessary pieces in place to start your business successfully.
1. Establish Your Company Goals: Decide what type of tours or services you will offer and how many customers you want to serve. Set your goals for the short-term and long-term success of your business.
2. Research Your Market: Investigate potential competitors, the local market, and expected demand for your services. Consider any unique selling points that can help distinguish your tour company from others in the area.
3. Create a Business Plan: Outline the essential components of how you will run your business, including financial projections and marketing plans. Make sure to include information that potential investors may need, such as startup costs and expected profits.
4. Obtain Financing: Secure financing through traditional loans or grants from organizations or investors. You may also be eligible for funding from the Small Business Administration (SBA).
5. Find a Bus: Determine what type of bus you need, such as a charter bus or school bus. Consider size, amenities and safety features when making your selection. Then purchase or lease the vehicle that best meets your needs and budget.
6. Hire Employees: Decide if you need an experienced tour guide, bus driver or administrative assistant. Then create job postings and place them in local newspapers and online to start recruiting employees.
7. Buy Insurance: Research the various types of insurance policies available for your business and purchase the ones that are necessary for you to remain in compliance with state and federal regulations.
8. Market Your Business: Develop a marketing plan that includes strategies for advertising your tour business, such as creating flyers or developing a website. Reach out to local hotels, tourism organizations and travel agents for additional promotion.
9. Prepare Necessary Documents: Create customer waivers, contracts and other legal documents to ensure that you are legally protected while running your business.
10. Start Scheduling Tours: Once all of the pieces are in place, it’s time to start scheduling tours and welcoming customers aboard! Be sure to review customer feedback after each tour as a way to continually improve your services.