Travel is a constant. It doesn’t matter if the economy is in the tank, or not. Citizens travel for a myriad of reasons, eg, to conduct business; to visit friends and relatives who may not be in the best health; to celebrate special occasions like births, graduations and marriages. As travel is an evergreen industry, starting a home-based travel company is an excellent business opportunity.
If this type of work-from-home entrepreneurial opportunity interests you, following are three things to look for when starting.
3 Things to Look for When Starting a Home-Based Travel Company
Travel Perks: One of the biggest incentives for starting a home-based travel agency business are the travel perks you’re entitled to. What many potential travel agency business owners don’t realize is that these vary though from company to company. It all depends on who you sign up with.
The best way to ensure that you get all the travel perks you’re entitled to is to sign up with a travel-based marketing organization. Within the confines of an organization like this, you get all the industry benefits of being a travel agent.
Sound Commission Structure: If you are considering going into business for yourself, then you owe it to yourself to work with an organization that has your best interests at heart, especially in the area of the commission structure. After all, isn’t that why someone goes into business in the first-place? It is strongly recommended that you stay miles away from the MLM or network marketing scene. Offers made by MLM companies might be tantalizing, but most of these types of organizations are frowned upon industry-wide, most people don’t succeed and it is not for a lack of trying either. It is really simple as to why if you think about it. Do you really think you can make sales for your business in its infancy, recruit your neighbors and keep them motivated all why you are trying to make your business work for you?
Many organizations will convince you that the commission on travel is really low between 5% and 10%. However, depending on your home-based travel agency’s sales volume in combination with the travel marketing organization you go with, preferred travel suppliers may pay out as much as 13%, 15% and in some cases up to 20%.
Some home based travel agency programs are able to do considerable higher commission structures for their agents namely, KHM Travel’s Pro Plan, which can pay out their agents up to 80% to 90% of the total commission on travel sales made within that program.
Business Support and Training: Perhaps the number one reason to become a home-based travel agency within the confines of a travel-based marketing organization is for the in-built business support and training it entitles you to.
Almost all new business owners need a helping hand on the administrative side, eg, web design and construction, billing, marketing, networking, etc. These things are really the nerve centers of your home-based travel agency business. Having this type of support at your fingertips can help your enterprise become a success that much quicker.
To learn more about setting up a home based travel company contact Burt Kramer with KHM Travel at 1-877-220-9260 to learn more about the industry and see if it is right for you.