Over the past twenty years the UK Bus and Coach Industry has changed beyond recognition.
New opportunities and threats to existing businesses need to be examined and the appropriate strategies adopted.
Within the Bus sector there is increasing opportunity from the retrenchment of the large groups to bigger urban areas, together with a growing tendered market place and a host of subsidies and initiatives available. Sale / exit routes remain solid.
Within the coach sector the holiday and excursion market is subject to consolidation with larger players already dominating. The private hire market is in decline and only the stronger players will survive. Sales / exit routes are questionable.
We have a dedicated team dealing with the bus and coach sector with specialisms in:
Costing Systems
Advice on fleet financing
Tendering
Concessionary fare schemes
BSOG / bus service operators grant
Financial standing and interaction with the traffic commissioners
Now more than ever bus and coach operators need an accountancy practice with a thorough working knowledge of your industry so that you can succeed where others fail.
