It’s quite risky to run this business. From purchasing permitted vehicles and making them suitable to be run as taxis to hiring professional drivers and securing a license to run the business, taxi service business requires quite a lot of prep but can grant huge returns. You may or may not have taxis of your own, even without taxis, you can enrol with freelance regular taxi drivers and run a taxi service business just by receiving a customer’s request and directing a taxi to his/her location. And will customers prefer such a service? Why will they not? You can also provide the feature to book a taxi for a later time of the day.