Taxis are the demand of today’s era, and people don’t prefer to buy their vehicles because of inflation. Inflation is increasing day by day, and in this era, the business of taxis is at its peak level. Tacos are important for daily travel. The idea of taxis arose from London when horse-drawn carriages were introduced in London in 1605. People have to go on roads to pick a taxi, but now, because of advances in technology, this is all done on a smartphone. How were taxis introduced? Taxis become an important part of human life because we need vehicles to move from one place to another. In the 15th century, to move from one place to another place, people used horse-drawn carriages, but with the change in time and because of the advancement of technology, engineers invented taxi cabs with motors. The first electric-powered vehicles that appeared on European and American streets were cabs in the late 1890s, and by 1907, taxis with meters were introduced. Benefits of the invention of taxis  The invention of taxis is really beneficial in many ways. There are some benefits described as follows:- 

• Every time availability:- Taxis are available seven days a week, 24 hours
• Budget-friendly:- For buying a car, people need a high budget, around 4-5 lakhs. Everyone cannot afford it, but the rent of taxis is quite affordable. 
• Time saver:- Taxis are time savers because it takes less time to drop the person at his destination.
• Smooth vehicle:- taxis are available everywhere, and travelers need a good and smooth-running vehicle to travel, which gives them a comfortable and safe ride.

Business of taxi services People don’t prefer to use public transportation such as trains, buses and auto because of poor hygiene facilities but taxis are much better than other means of transport. Anyone can start Taxi services because it is the demand of time and does not need any kind of academic certification. The business gives back the investment that you invested to start a taxi because it earns more than other vehicles. Procedure to start the taxi services The first thing you should do is decide the business structure from where to where. The second step is to set a budget to buy a car. After buying the cars, get registered for the cars and license and then apply for goods and services tax (GST) registration. The last step is to start your business from a hamlet so that you can get more passengers. For example:- in a city in Canada, there is a small town or a hamlet named sherwood park, which has their own company named Sherwood Park Taxi. This company takes the passengers to Sherwood Park only. Difference between private hired vehicle and a taxi vehicles  There is only a little difference between private vehicles and taxis. While both means of transportation give great service. It is important for drivers and passengers to understand the difference between them. Taxis are known as hackney carriages, whereas private hired vehicles are referred to as minicabs. They are both classified as passenger vehicles. 

• Taxis:- taxis are found on streets and online platforms as well. In taxis, you can see a card taxi in the front of the wide glass and see a number placed with the taxi at the back. The rent of a taxi ride is determined through meters, and the amount is charged to passengers according to miles. In some exceptional cases, we can say that for longer journeys, passengers should be able to agree to pay the fare amount.
• Private hired vehicles:- Private hire vehicles depend on the operator or ride-hailing platform with which they are working. But all of them have to show their license details clearly to passengers. Private hire vehicles can be pre-booked only by a licensed operator from online platforms such as Uber and Drive-In. The charges are prefixed.

Nowadays, the business of taxis is becoming popular in this era because everyone needs taxis to travel from one place to another. Some people drive taxis, and some hire their private vehicles, but both of them need to register themselves with reputed companies. There are various companies, and the best company is named Taxi Sherwood Park, which started in Sherwood park.