For Ola Business

1.What is ola ?

If you have landed up to to this blog , then definitely you are  about what is ola .

Just in mind its just technology service provider and doesn’t take any responsibility  if anything happens to taxi or the rider 

When you sign up for the app , you just agree to their terms and conditions .

2.What are the documents required for registration ?

For owner :

1.Pan card 2.Address proof 3.Cancelled cheque 

4.Ghumasta License

Current account is not mandatory

For car:Only Tpermit cars are allowed (yellow number plate)

1.Pcot permit  2. R.c. book  3.Fitness certificate

For driver

1.Tpermit license  2.Pan card/identity proof  3.Address proof

NOTE : LEARNERS LICENSE IS ALSO ACCEPTED 

3.What are the cars category and which cars are 

   accepted?

Ola micro :Cars under six lakhs(Wagonr,DatsunGo,Eon)

Ola mini : Cars above six lakhs and sedan (Tata indica,Micra)

Ola Prime :(Nissan Sunny ,Toyota Etios,Swift Tour)

Ola suv  :Mostly 8 seaters(Ertiga, Innova, Enjoy)

Ola lux :luxurious cars like BMW,BENZ.

NOTE :MICRO CAN RUN INTO MINI AND PRIME CAN RUN INTO MINI

MOST PROFITABLE ARE CNG CARS FOR MUMBAI AND BEST IS WAGON R 

4.What is the profit ?

The most important part :

Latest message by ola as on 28/10/2016

In this MBG You have to deduct 20 percent commission of ola

So, if you count 7 trips on average  the total comes to 

(2300-460(20 %of 2300))=1840

1840 *26 days =47840

Drivers Earning :

100rs per trip =26 days *7 trips=182trips

182*100(salary 100 rs per trip)  =18200

Cng :300*26=10400

Servicing :3000

Total Profit =47840-18200-10400-3000

                  =16240 rs

NOTE:THIS IS LATEST ONE AND AVERAGE BASIS FOR OWNER WHO HAS  ONE DRIVER

IF YOU ARE OWNER AND DRIVER ,THEN YOU CAN SAVE MORE .ITS AN AVERAGE PROFITABLE BUSINESS 



5.How to find Driver for ola uber ?

Most of people sell of their cars or stop this business because of the drivers issues .Either they are unable to get good drivers or there drivers leave the jobs very fast

First where to get drivers from 

There is simple way to find drivers .
Just post your ad into olx and quikr .
Trust me you will get hundred of drivers calling you .


6.How to sustain drivers for this business?

Driving is most underrated Profession in India.

To sustain drivers ,you need to follow below tips .

1. Treat them and give them respect 
2.  Dont call them regularly as it irritates them
3.  Dont guide them as they know better than you .
4.  They are like us ..so they need rest ..dint expect more            than 10 trips from one driver 
5.  Give them weekly off.
6.  Give them regular payment.
7.  Give them surprise incentive.

7.What are the charges /cost of renewal after one year of car  purchase ?

Guys , we normally look for the profit of 1 year and then tned to forget that after one we need to pay heft charges for renewal of documents .

I will list down the things you need to takecare while renewal 

Tyre change(4000*4 tyre)  = 16000
Insurance =18000
Tax =8100
P.T.Permit =1350
Authorisation =1250
Agent =500


So , approximately you have pay 40000 after every one year for renewal of documents .
So , Count this also along with depreciation  while calculating profit for business .