Home based travel businesses are no longer
wave of
future. Home travel businesses are
hot trend right now. So if you’re considering becoming a travel agent, this brief guide will provide you with information you need to know. First, there are generally two types of home travel businesses:
- Referral agencies
- Booking and selling agencies
Home based travel businesses that fall into
referral agency category do just that: they refer people to a travel agency. They may have several agencies they refer people to, but most generally have one travel agency that they work with on a regular basis. In return for
referrals from a home based business travel agent,
travel agency pays a referral fee or commission percentage on what
travel agency receives from
supplier. Part-time referral agents can earn up to $500 on each sale, and sometimes even more.
The home based travel businesses that fall into
booking and selling agencies category usually work with one travel agency. These booking and selling travel agencies actually do
booking and planning involved in making all
necessary arrangements for great trips.
These are people who enjoy attending to all
little details. They serve, more or less, as facilitators between their clients and a travel agency. Booking and selling home based travel business agents earn a lot higher percentage of
overall commission—but they DO do a great deal more work. A full-timer at this, however, can earn $50,000 or more a year.
Some things you want to consider before you decide to open your own home based travel business are:
- Do I need any special training or education?
- Should I pursue this part-time or full-time?
- Is my family supportive of my decision?
- Do I have a room in my home where I can set up an office?
- Should I get an extra phone line?
- What sort of office equipment do I need?
- What will I do about accounting?
- How do I manage my tax needs?
- Is this a job I will love?
- How much money do I want to make?
- Should I do any advertising?
- Do I have
contacts I need to pursue this business opportunity? - If I don’t, how do I make
contacts I need? - Am I willing to put
necessary effort into this business? - Does my state require me to have a business license?
Once you’ve answered all or at least most of these questions, you will need to make a business plan, outlining
steps you’ll have to take to achieve your goal of having your own home based travel business. And a plan just isn’t any good unless you follow it.