8 Mistakes to Avoid When Setting Up Your Travel Agency
Deciding to take the plunge into a travel agency, whether it’s your own or a consortium, is an exciting time for any advisor. But building a successful and effective agency is dependent upon much more than registering for an LLC and calling it a day. The following are some common blunders that travel agents might […]
The ABCs of E&O Travel Agency Insurance
Understanding E&O Insurance E&O insurance is an important part of protecting a travel agent’s income. However, understanding the mechanics of how to purchase E&O insurance is burdensome and complicated. The purpose of this article is to simplify and explain the process of buying and maintaining an E&O insurance policy so that a travel agent can […]
Travel Agency Banking 101: What You Need to Know
Before you take on your first client or hire your first sales agent, you need to be sure the backend of your business is properly set up. This includes establishing a business checking account, savings account, and credit card. Finding the right small business bank and credit card accounts can be difficult, which is why […]
How to Create Engaging Social Media Content to Attract Clients
As a travel agent, one of your most important business goals should be attracting new clients. You understand the level of competition in the industry. It’s crucial to keep evolving, adapting, and improvising in an effort to gain a new audience and stay ahead of the competition. One of the most useful tools for building […]
Travel Agency Accounting: 5 Tips for Managing Your Travel Business Finances
Are you struggling to maintain your travel agency accounting? Managing your travel agency business finances can be difficult, especially with sporadic cash flow and unique expenses. However, prioritizing your finances is essential as a small business owner. How can you expect to grow if you have no idea when to expect cash inflows and how […]
The Importance of Bookkeeping for Your Travel Agency Small Business
Are you struggling to keep up with your travel agency bookkeeping? If so, you aren’t alone. Countless business owners find it difficult to stay on top of monthly procedures while still handling other critical areas of their business, like customer service and lead generation. However, prioritizing the bookkeeping of your travel agency can lead to […]
Everything You Need to Know About Legal Documents: Contracts and Waivers
Travel Industry Solutions (TIS) was born out of a need our CEO saw within the travel industry: a lack of resources and training for travel advisors. As a travel agent herself, she discovered firsthand how difficult it was to navigate the legal side of her business. And travel today hasn’t made it any easier. Do […]
Travel Agency Insurance: 5 Reasons Why Travel Agents Need Errors and Omissions Insurance Coverage
Owning a travel business is exciting, but there’s one important step you don’t want to forget that we find many travel agencies and independent contractors overlook: insurance. Specifically, errors and omissions (E&O) insurance, also known as professional liability insurance. Travel agents often overlook the ins-and-outs of this important coverage, but is can protect you from […]
3 Simple Steps to Client Acquisition Every Travel Advisor Needs to Know
Many travel advisors struggle with consistent client acquisition. It’s easy to get lost in identifying your ideal client avatar or only focusing on building a brand. You end up feeling lost and burnt out from spinning your wheels. There are three steps we here at Travel Industry Solutions (TIS) use to help our clients find […]
Travel Agency Marketing: Are Your Emails Legal?
The rise in technology and electronic communication has understandably given rise to an influx of new legislation over the past couple of decades, and these laws are continually being updated. This means that your marketing strategy needs to reflect current requirements. Whether focusing on search engine optimization, a YouTube channel, or a different approach to […]