Pros:
-Flexible work hours. With bus tours, you can pick your own schedule and time frame for when you want to run the business.
-Low overhead costs. The upfront cost of starting a bus tour business is minimal compared to other types of businesses, making it an attractive option for entrepreneurs.
-High potential for profit. Due to the nature of bus touring, you can easily set up a profitable business due to the ability to charge customers based on their needs and wants.
Cons:
-Competition. Depending on your area, there may be other bus tour businesses operating in the same area, making it difficult to stand out from the crowd.
-Seasonal demand. Bus tours can be seasonal depending on the location, so you will need to consider how this affects your business plan if you want to remain profitable year-round.
-Liability risks. Managing a bus full of people comes with certain, and you will need to ensure that your business is adequately insured in the case of an accident.
-Time consuming. Running a bus tour business requires lot of coordination and planning which can be time consuming for those who are not used to handling such tasks.
-High employee turnover. Hiring and training new employees on a regular basis can be costly for your business, so it’s important to consider how you will manage these costs if you want to remain profitable.