Travel agency business plan | Starting a travel agency business

Travel agency is a travel service providing business. Tourism in the world has come a long way every year and still not enough people can book tickets. Travel agencies are requires for ticket booking and package booking. If you have ever thought of running your own travel agency business plan, you will find out about travel agency business plan in this blog.


Starting a travel agency business
Travel agency



No technical skills or courses are required to run a travel agency business. But you have to understand the consumer's preference for walking around and communicating so well. The cost of starting a travel agency business plan is not so high and the profits are also good. If you are interested in this business seriously then you can go far.

Travel agent:

Travel n Tours has business connections and networks. Agent means a helper who charges a tax for this service by providing it further. Many travel services are provided in travel agencies such as hotels, buses, visas, tourist guides, etc. Most of the  people do not know the culture, rules and regulations of this place before moving to a new city. In this way travel agencies provide their support and make the journey of tourists comfortable and fun. The job of a travel agent is to provide services within the customer's budget.

How to start a travel agency?

No degree or course is required to start this business. You can also learn by working part-time. There are also short term courses for travel and Tourism available. It is important to understand the trends and customer requirements.

Required location:

You can also start a travel agency business plan at home with less investment. The travel agent's earnings are mostly based on commissions. These are a low cost business model. For this you have a shop or a house or an office area. It doesn't matter what size it is. This business can be run with the support of phone and internet so you don't need a specific location where the shop should be. Online store can also be a good source of revenue.

Travel agency plan:

You will get a franchise from a company and they will give you a ticket booking portal. They will give you some commission slabs according to which you get commission. The commission is calculated according to the number of tickets you book.


Starting a travel agency business
Travel agency



The second step is to set up your own inventory and take charge to provide your service. If you book a train ticket and charge the customer a little more, you can make a profit.

Travel agency services:

Services can be provided in a travel agency like, train ticket booking, tourist guide service for foreigners, Passport visa services, bus booking, airline ticketing, hotel rooms booking, cab taxi booking service, money transfer.

Online air ticket:

You must have a global distribution system to book air tickets online. You can book tickets directly from the airline's website. If you have a good network and a lead comes to you then you can get it from other agencies and also get your commission for that lead transfer.

A travel agent should know all the tourist spots in the area which is most operational and giving a complete city guide to his customers will have a good impression.

Cost and infrastructure:

How much will it cost to start a travel agency business and what will it take? 

Requirement

Cost

1.Shop/space

Rent-Rs. 10000-15000

2. Laptop or desktop

Rs.25000-40000

3. Website 

Rs.5000-25000

4. Internet connection

Rs.500-1500

5. Printer

5000

6. Inverter

15000

7. Visiting card

500-1000

9. Shop Board

800 per square feet (approx)

8. Furniture

 ( Table, chairs)

15000-20000

Total

105000-135000(approx)

 

Registration required:

To start a travel agency, you need to get some of the necessary licenses. You must register a company. Whether you Pvt Ltd. Registration is very important so you can charge your customers when you book their tickets. It has the advantage of reaching out to the agency and increasing its overall value. The agency's authority grows and foreign clients' trust grows.

Profit margin:

Travel agency earnings are commission based. Some charges may be levied for your time and service. You may be charged for your time and service. If your B2B is associated with a company then you have to pay for each ticket or a certain no. of tickets to be sold. You are also given targets and the company gives you incentives or offers after achieving them.

Starting a travel agency business
Travel agency



Big travel companies packages come out and if you sell them you get good commission. As your network and name grew up, you can easily earn profit up to Rs. 35000-70000 per month.

Marketing:

Facebook ads are the best option for marketing of travel agency and you can send personalized discount message on whatsapp with offer to your existing customers. You can make a name for yourself by sponsoring a college event and later promoting your own post in the group. Take full advantage of Instagram and post short videos of top ten beautiful places around the world for spending vocations.

Trips like adventure activities and camping are very popular among college students, so you can specialize in a college or even give trips to your employees. There are enough travel platforms now and you can stay active and support your stories and travel hacks.

We hope you have found out more about travel agency business plans. Travel agency is a great model in which the more customer satisfaction you focus on, the more clients will come to you and your business will grow.

 

 

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