Taxi and private hire operators are starting preparations for a swift post-coronavirus recovery once lockdown restrictions ease.
Over the past month, TMCS (Taxi Management and Consultancy Services) has been busy outlining key strategies to clients within the taxi industry. The strategies created by the consultancy firm will be used to facilitate the recovery of operators, during the wider economic recovery.
Cameron Dawson, Management Consultant and Founder at TMCS, said: “Companies that had a solid business recovery plan and relentless marketing succeeded in recovering, twice as fast as their competitors, during the last financial crash of 2008.”
According to TMCS, some clients have already seen the potential benefits of investing to aid recovery post coronavirus. One such taxi firm based in North Somerset, All The Twos Taxis, has committed to maximising their recovery potential by putting into action a COVID recovery plan.
The North Somerset taxi operator’s recovery plan places emphasis on initial streamlining options to reduce running costs and then targets investment within their marketing policies ensuring maximum uptake of work both in the short term and also as soon as national and local restrictions are eased.
TMCS went on to suggest that investing to aid recovery post COVID now will help facilitate the operational requirement of All The Twos Taxis to maximise their recovery potential as quickly as possible.
Kirsty Badman, General Manager, All The Twos Taxis, said: “Ensuring our business has direction, now, has never been more vital. Our tailored COVID recovery plan involves streamlining our operation, allowing us to invest in our marketing policy and letting customers know we are still operating, while projecting our confidence in the business.”