5 Risk mitigation tips for commuter omnibus operators in Zimbabwe.
The
commuter transporters in Zimbabwe are on their way towards extinction like the
Dodo. Their customer care is equal to zero. Both prospective and paying
passengers in many cases are victims of vulgar insults. But the transporters argue
that its all about mitigating risk associated with business. I beg to differ
because there is a demarcation line between calculated risk and recklessness. Here
are five risk mitigation tips for commuter transporters to consider that can help
them in serving better and more profitably.
Prevention is better than cure
The seed
for most problems in a commuter transporter’s business life is sown before commencement
of operations when he or she buys a used bus without first taking some
precautionary considerations. You know prevention is better than cure and in
risk management this is what they call the first
line of defense. Here are some of
the things to be taken into account as the first line of defense.
1. Service considerations
Most buses
purchased by commuter transport entrepreneurs are beyond warranty cover which
means the owner will have to meet costs of things like spare parts. This also
means in the commuter’s area of operation there should be mechanics who are
able to fix the type of bus and that the desired spare parts must also be
available with local suppliers.
2. History
A favorable mileage amounts to nothing if the bus has a rough history. If it was
involved in an accident you should get its repair documentation and thoroughly
go through them because you should ascertain whether or not serious problems are
hidden in gloss and paint.
3. Intended use
A wise
transport investor buys a vehicle in accordance with the intended use also. If
the bus will be involved in not only the transportation of passengers but also
heavy luggage it should be equipped with relevant fitments and a strong
chassis. If these are not available the
transporter should know that these are extra costs he or she will have to meet.
Some things to avoid when operating the bus.
1. Numerous bus stops
Not having
designated drop off and pick up points is not only illegal but a disadvantage
to commuter business. Engines use most fuel during initial acceleration so if a
trip has numerous stops then inevitably there will be consumption of more fuel
and increased costs of running the business.
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