If you are thinking of a good business idea to implement in the New Year and asking how to start a driving school, this post is for you. Setting up a driving school can turn out to be an excellent and profitable business idea. Because the profits are very high, making it a great micro-enterprise. If you are good at driving and have the patience to teach, this may be the profitable business you have been looking for.
As you know, cars have become a necessary good for people, so many families try their best to own one. Now, learning to drive is as important as owning a car, which is why people prefer to enroll in driving schools to learn and improve themselves in a professional way.
Currently, the demand for this business is very high, due to the large number of people who are buying their first car. So it is an excellent year to undertake this idea.
By starting your own driving school, you will not only be enjoying the economic benefits, but you will also be contributing to road safety by teaching you how to drive and how to prevent accidents. Now, like any business, you should plan the idea to avoid failure, so next, you will see how to start a driving school.
How to Start a Driving School Business
#1: Learn the rules
Each country has its own rules and regulations when starting a business. Therefore, you must find out what the rules and regulations are to be able to set up a successful driving school. Remember that the rules may require things like licenses, location, vehicles, vehicle inspection, insurance, etc. They will probably also require you to have a license as a driving teacher.
#2: Register your driving school
To start a driving school or any other business, you must register your business in your state or city. Generally, you will need to register your company name and present the corresponding licenses.
Ideally, you should register your driving school as an individual company, although if you are not so sure, you can consult an attorney to choose the best option.
#3: Write your business plan
For any type of business, you should always write a business plan, where you must include what your main expenses will be and the money to invest. You also have to include what your main objective is, competition, marketing strategy, and the necessary tools. Other things to include is where you will start your business and how many vehicles you will need to start.
When making a business plan, you will be able to be clear about what your expenses will be, so you will know if you will have to request financing from third parties or if the capital you have helps you to undertake.
#4: Obtain a driving instructor license
In some countries it is mandatory to have more than 10 years driving, to be able to set up a driving school, for which you have to find out what time they require in your city. Likewise, the driver’s license does not qualify you to teach, so you must obtain an instructor license, where in your state they will take several tests before giving it to you. The main thing to obtain the instructor license is to pass the theoretical tests, the practical ones, and also pass the background check.
#5: Complete all necessary paperwork
As in any other business, you must make sure you have all the necessary papers. Either to hire new instructors or to give your client security. Make sure you always have your instructor license and that of the teachers up to date.
#6: Find a good location
For your driving school to be successful, you need to find a good location. The ideal location for this type of business is those that are near the center or the avenues, where access to your business is much easier for your potential clients. In addition, you will have to find a place with good space, so that your students can practice properly without third parties disturbing their practices.
#7: Obtain vehicles and hire employees
For this business, you will need a certain number of vehicles. Ideally, you should have between 3 and 4 vehicles to get started. Try to get vehicles that are strong and relatively new, as your customers will not have any kind of car experience.
If you make sure you buy vehicles in good condition, you will avoid huge maintenance costs. Now, with more cars, you will have to hire more teachers to work with you, so make sure they also have the proper license to teach.
#8: Get good insurance
Remember that your cars will be handled by third parties who do not have a driver’s license, for which you must take out special insurance. With this, you will be sure that the company will pay you for the damages caused if a student crashes on the public road. If you don’t take out special insurance, your driving school probably won’t get very far in the market.
#9: Market your driving school business
Promote your driving school through the Internet, newspapers, radio, or posters. You can also choose to hand out posters in schools, where most teens want to learn to drive.
These are the practical steps to take to start a driving school business. Every one of the points is important. Don’t ignore any. Make sure you have a detailed, well-written business plan to help you scale through any unforeseen hurdles on your way. If all things are done right, you will soon see how much money you can make from the business.
