In this business, earning starts from the first day. The special thing is that you can decide the working hours yourself. Let us tell you what business this is.
Business Idea: A lot of capital is required to do business, one lakh or two lakhs is not enough because the rent of a shop in cities is in thousands. In such a situation, business is not within the reach of the common man. But, it is not so because we are going to give you such a business idea in which you can earn up to Rs 30,000 every month by investing only Rs 70,000.
The special thing is that earning starts in this business from the first day. You can also decide the working hours yourself. Now you must be wondering what kind of business this is, so let us tell you about it…
What is a great business idea?
Cab business is quite prevalent in big cities. To save time, people prefer to go by private cab instead of public transport. Apart from cars, the demand for bikes in cabs has also increased because it saves a lot of time compared to cars. Therefore, good money can be earned by connecting the bike with Ola, Uber, Rapido or other companies providing private cab services.
How to earn Rs 30,000 per month
Ola is a famous name among these companies. You can earn good money by linking your bike with Ola. It is very easy to attach your bike, auto or car to Ola. We will also tell you its process but most of all we will tell you how you can earn up to Rs 30,000 every month by buying a bike worth Rs 75,000.
In private cab service, bike fare is slightly lower than auto and car. At the same time, to avoid traffic and save time, people like to ride short distances by bike. In cities, bikers can get up to Rs 100 for short distance rides i.e. 10 to 12 kilometres. If you want to go from New Delhi Railway Station to Akshardham Temple, then the bike fare on Ola is Rs 112 while the auto and car fare ranges from Rs 225 to Rs 265. The distance of Akshardham Temple from New Delhi Railway Station is about 12 kilometers.
Understand the calculation of earnings and profits
If you take 10 such rides a day and the average fare is Rs 100, then you can earn Rs 1000 daily. Out of this, Rs 150 is spent on petrol (if your bike gives an average of 60-70 kmpl) and after deducting other expenses, there is a direct saving of Rs 700-800. This amount may also increase depending on the ride and charges. Overall, if you earn even Rs 1000 per day, it would be Rs 30,000 per month and the net savings would be Rs 21,000 to Rs 24,000.
To attach the bike with Ola, you can get more information by visiting https://partners.olacabs.com. Generally, with vehicle documents, driving license, Aadhar card and other important documents, you can connect your vehicle, bike, car and auto with a company providing private cab service. Earning starts in this work from the first day.
