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OGS Capital Reports Major Growth in Ridesharing Services Business Plans
  • USA - English


News provided by

OGScapital

Jun 09, 2015, 03:00 ET

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San Diego, CA (PRWEB) June 09, 2015 -- In the first five months of 2015, OGS Capital has experienced a surge in client requests for business plans for startups offering ridesharing services. The 35 percent growth in requests is expected to continue for the remainder of the year.

OGS Capital has a cadre of experienced business professionals who work closely with entrepreneurs interested in developing innovative business ideas supported by high quality business plans. A burgeoning U.S. industry is ridesharing services in which businesses match customers with the nearest available personal driver who is registered with the business. During the first five months of 2015, OGS Capital reports a 35 percent increase in the number of requests for assistance with business plan writing for startups offering ridesharing services, compared to the same time period in 2014.

The ridesharing concept is fairly simple. Customers use mobile devices to notify the ridesharing business they are in need of transportation in a particular area. The business software identifies and dispatches an eligible driver who is already registered with the company. There are currently several leaders in the industry – Uber, Lyft, Sidecar, and Haxi – but competition is expected to intensify as consumers get more comfortable with the ridesharing concept and how it works.

Ridesharing has traditionally referred to carpooling, but the new form is a disruptive innovation that competes head-on with the commercial taxi and limousine industry. According to IbisWorld, market research company, the taxi and limousine services industry generates an estimated $12 billion in annual revenues, and there is no company with a dominant market share. This indicates there is room for new entrants with innovative service ideas, like the private livery services offered by ridesharing companies.

“Uber is by far the largest ridesharing company, having been valued at $40 billion as a global disruptive innovation,” says Alex Silensky, the Founder and CEO of OGS Capital, “However, the business model continues to be refined by a growing number of competitors who are addressing the concerns city officials and consumers have concerning rideshare in areas of safety, pricing, and insurance.”

For more information or to submit an online contact form, please visit https://www.ogscapital.com/.

Contact:
Alex Silensky
Email: alex(at)ogscapital(dot)com
Website online contact: https://www.ogscapital.com/
(USA) 1-619-727-5304
(UK) 44-203-318-1069
For more information or to submit an online contact form, please visit https://www.ogscapital.com/.

Alex Silensky, OGScapital, http:///www.ogscapital.com, +1 (619) 727-5304, [email protected]

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