I am planning to start a non emergency medical transportation Co. to serve the Nothern Virginia Area as well as Washington D.C metro. # I will be serving ambulatory and wheel chair passengers only. # I will be working as a private Co. and not a franchisee or a subcontractor to a broker. # In the beginning,I will start with one van , one driver,6 days a week. I want a market research to find: 1- whether there is a demand for this sevice in the above area and how big is this demand and whether there is a growth in this business? 2- What are the transportation rates per mile or per trip (round trip and single trip)? 3- What is the profitability rate for this business? 4- Who are the competitors? What are the market segments in this business? which segments(s) have the highest demand? 5- What codes will I have to comply with , type of state license/permit I should obtain and from which Departments?What insurance (s) type(s) will I need? Is it difficult to obtain such a license/permit, what are the fees and how long does it take to obtain such licenses? 6- What are the constraints, limitations and challenges facing this industry? 7- What are the most inexpensive yet effective channels to market or reach out to my prospective clients and how much would such a service cost?
I need a basic market research which covers the above aspects and other related issues. As I am a small business start up, I need a very competitive hourly based rate from an experienced professional in market research.