Travel Advisor Trades: Do You Know the Difference?
Professional organizations can be a vital aspect of your business, especially if you are new to being a travel agent. These consortiums work to support, educate and organize travel professionals, which often results in meaningful networking for advisors and an enhanced client experience. But what does it mean to be part of a travel trade […]
How Should You Pay Yourself from Your Travel Agency Business?
Paying yourself as a small business owner shouldn’t be put on the back burner. After all, you are the most dedicated employee and most likely have regular bills each month. This leaves you questioning how to take money out of your business. Before you can pinpoint how money should be withdrawn, you need to analyze […]
If This, Then That… A Travel Advisor’s Guide to Problem-Solving 8 Common Issues
There is no exact certification that will give you the status of “miracle worker,” but sometimes that is exactly who you need to be for your clients. An integral part of being an effective travel agent is preparing for inevitable unforeseen circumstances in addition to being organized. You can plan the absolute perfect vacation, but […]
How to Prepare for Tax Season as a Travel Agency Owner
Being a small business owner comes with its fair share of benefits, from flexibility in your schedule to the joys of being your own boss. However, there are some not-so-fun aspects of being a business owner, one of which is tax season. Small business owners in the travel industry should understand how to properly prepare […]
The Pros and Cons of Being a Niche Travel Agent
Don’t let the word “niche” scare you; choosing a focus for your travel agency can distinguish your business. Doctors, lawyers and professors specialize, so why not you? That being said, deciding on a niche or specialty that suits you and your agency isn’t without its complexities. New agents who limit themselves by niching without having an existing […]
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 […]
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 […]
Owning a Travel Agency: What Nobody Told You
One of the biggest lies told about entrepreneurship and is that “anyone” can do it. While that may be technically true, owning your own business is not as easy as some people make it look. Sure, driving a Ferrari or hanging out on a yacht may be the lifestyle you envision as the owner of […]
Travel Agent Duties: Know Your Responsibilities
Hitting sales targets, learning about local tourist attractions around the world, tracking statistical and financial records, and coordinating complex travel schedules are all part of the job for sellers of travel. Of all the duties included in the travel agent job description, customer service skills are a top priority because your clients rely heavily on […]
How Much do Travel Agents Make? Answers to all Your Questions
A travel agent’s job is rewarding – watching families, couples, or friends embark on the adventure of a lifetime. But it takes a lot of hard work and determination to get to where you can live off of your earnings. How do travel agents actually make money? Stick with us as we explore how travel […]