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The Top Guide To Developing an App For Uber

Uber-like apps are more popular than ever. The on-demand solution has become the new business mantra for startups to look out for.

Top Things To Look For In Uber Clone App

You don’t have to worry about the tough part of execution that you need to look at if you’re building the app. Cloning of Uber apps have become a new trend for many startups, and it can help them deal with problems regarding UI and UX. Here are some tips if you are looking to develop an app like Uber clone from scratch that can help you.

Passenger Side of app

Here is a look at some of the things you need from the passenger side

Register and Login

Both are important factors to attract passengers. If a passenger finds that they have to fill in a long form just to register, they will rarely come back. Login and Forgot password should also be just one click away, saving the time and also for easy booking.

User Interface

Users should be able to find the most used features on the home screen of the app. The interface needs to have an easy language which is easy to understand. The navigation from one feature to other needs to be streamlined too – users shouldn’t find the app cumbersome to use.

Communication between the Passenger and driver

There should be an easy way of communication. Add a messaging feature in the app for them to communicate that can help offer a better experience and also help save time.

Both passengers and the drivers would love this feature.

Payment

Payment is another aspect to look for. The amount needs to be calculated keeping in mind both seller and buyer a. The calculation mode of the payment should be reliable and transparent – Uber, for instance, calculates the fare by the time taken and the distance traveled.

An instant fair calculator will also help the user to predict the amount initially making it easy for the user to choose between other options for the ride.

Ride History and rating for the service

Most people might take the same ride every day from their office or home. The app can offer an easy one touch access for the user to make the process fast and easy.

At the end of the ride, you can give the rating for the service, and provide any feedback as necessary.

Driver side of app

Now that we looked at the passenger side of the app, let’s take a look at what you need to focus on the driver side with your Uber clone app.

Driver profile registration

For you to make your service viable, the app needs to be able to check the drivers’ profile with one click. The app can upload details like the driver’s licenses and other documents – which can also help ensure the safety of passengers.

Drivers status

The driver needs to be able to select the status whether he is available or not available at a given time. For instance, a driver may want to call in early a given day, and all it should need is a single click to turn off the system.

For this, the user interface and navigation in the app should be easy and user-friendly

Push and Order Notifications

If the driver feels that he wants to cancel the order due to some emergency, he should be able to do that. At the same time, the order should be transferred to another driver nearby. Push notification will help the driver to verify the customer details.

Navigation and Cost Calculation

Navigation is the most important feature needed to make an app like Uber. With Google maps integrated within the app, it should be able to provide location by the minute to the driver. It can suggest the best route option for the drivers considering traffic and time.

Technology or Developers side

Your developers will be watching over the internal activity of the app. The task of detecting errors and bugs that can occur anytime is a significant one. With a Uber clone app, you don’t have to worry about this as the mobile app development will offer you lifetime updates – they have their own developers to help them.

You can collect data effectively and analyze it to form better strategies. You don’t have to worry about the development costs as you will be paying a fixed price for the Uber clone app.

This saves you taxi app developer costs that can range from $100 to $5,000, depending on his experience. Uber-like app development is the answer you need to do more.

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ESOP Valuation: A Specialized Merchant Banking Service

ESOP is a right given by businesses to retain and reward employees, it is also a strategy for start-ups who may not have the funds to pay high salaries. As it is a strategy to retain employees the scheme has to be attractive offering financial gains.

There is an elaborate procedure for granting ESOP, first, the company has to be eligible as per the rules and guidelines. In the scheme draft purpose, eligibility, tax liability, and vesting period for the stock is defined. This draft is presented before the members of the company, all the shareholders and board of directors should approve in favor of this decision by passing a special resolution. The ESOP scheme draft in the form of this resolution is filed with ROC before making the announcement. For ESOP valuation, planning, and management the services of a merchant bank are required.

In the ESOP valuation process, various methods are used that give accurate and fair value to make this scheme attractive for employees and beneficial for the company. The company has to maintain an ESOP register containing details related to options granted, options vested and options lapsed. A proper record is needed for legal purposes and it also helps in making informed decisions. Employees also need to know about the facts of ESOP regarding the time duration, vesting period, eligibility etc.

Factors such as time value, dividend yield, volatility, and interest rate are considered in the fair value method (FVM). Only internal factors are considered in the intrinsic value method, which makes FVM more accurate and widely used. In general practice, the merchant banker uses more than one method for ESOP valuation to reach a conclusion and provide accurate results. Only SEBI registered merchant bank is eligible to provide ESOP valuation services in Delhi. This service is crucial as an efficient planning means a successful ESOP scheme attractive for employees. It is possible to make amendments to the ESOP Scheme by passing a special resolution and following the due procedure mentioned in the respective rules.

CCV India is a SEBI registered merchant bank providing ESOP valuation services. The company has emerged as a brand for its secretarial services, corporate restructuring, business valuation, and merchant banking services. With a dynamic team of experts, it is a leading consultancy in Delhi.

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4 Things no one told you about buying Used Cars

Buying a new car has its own advantages. But due to the ever increasing financial woes around the globe and depreciating value of automobile sector, buying a used car has made things simpler. Nowadays, a pre-owned car is being accepted by a large number of car buyers and its sale is not restricted to people with subprime credit.

How to get the Best Deal while buying a used car?

Apparently, used cars require more of your attention than new cars. It is because used car buyers have to assume the risk of ending up with a lemon. In order to land up a good deal, the following four things should be kept in mind:

1. Paperwork

Just because you are buying a used car does not mean that the vehicle should be anything but safe. Certified pre-owned cars make your work easy and provide you with a proof of their proper functioning. The extended warranty that comes with a certified pre-owned car guarantees you of smooth driving for a certain length of time or up to a fixed number of miles.

2. Overall Look

Focus your attention to the minute details such as dents, scratches, rust, improper alignment of panels during past repairs, paint color consistency, loose doors, shaky hinges, tires, etc.

Apart from the exteriors, you should pay attention to the interior of the car. Operate and check the crucial parts such as the engine, heater, air-conditioner, music system, brakes, etc. A test drive will be the most suitable option in order to obtain an overall idea of the car.

3. Price Check

Get an estimated value of the car that you have finalized. It will reveal if the dealer is overcharging you or providing you with a genuine selling price. You can use Kelley Blue Book for finding the estimated value of the car. Remember to go with a printed proof of the price check if the dealer’s price is way more than the market value.

4. Negotiation

Be willing to use your negotiation skills before agreeing to the price quoted by the dealer. In most of the cases, the prices are set as per the approximate usage of the car and the current market value. Do not be hesitant to quote the price that you wish to spend on the car. You never know, the dealer might just agree and hand over the car to you. You have to make the dealer feel that the cash may go out of his hands if you do not buy his car.

Before you set out to look out for used cars, keep these four valuable things in mind. It will not only save you a lot of money but also make you an attentive car buyer. Remember that taking time out for doing your homework to buy a pre-owned car will only make you satisfied at the end of the deal.

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