Travel Service Business Profile
Are you interested in working from home by running your own business? Learn how to start a travel agency from home and take advantage of all the perks working for yourself has to offer, which includes having a flexible schedule and the ability to make as much or as little as you want.
Check your state and local guidelines to start a home travel agency. Depending on where you live, you may have to file paperwork to legally work from home. You’ll also need to file the appropriate paperwork to become a business in your state.
Write your business plan. This will provide you with a solid foundation, and will help you secure funding from investors if you need additional capital to start your business.
Open 2 bank accounts. One account should be for your business as an independent travel agent, where you track funds coming in to and going out of the business. The other account should hold all the money your clients provide to book their trips.
Choose the type of home travel agency you want to run. You can do business by referring others to bigger companies, earning a referral fee, or you can do business by booking and selling various travel packages.
Contact various travel companies to negotiate package deals you can offer or to determine what kind of referral commissions you can earn. Dealing with more than 1 company can give you more to offer your clients, but it could also provide you with additional money.
Join societies and organizations specifically for travel agents. These organizations can increase your visibility to consumers as well as your credibility as an agent. You can join the American Society of Travel Agents (ASTA), the National Association of Commissioned Travel Agents (NACTA), or the International Air Transport Association (IATA). If possible, join all 3 to give your business the biggest boost.
Contact a travel agency that can serve as your connection between the airlines, cruise lines, and accommodations. With these connections, you can have additional time to make more connections in the industry.
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