Who doesn’t love to holiday We all surely do and that’s the reason the travel industry has always been on a high. And the increase in the scope and demand for travel related product and services has provided countless people with job opportunities around the world. And now there is this wonderful opportunity to carry out a small travel business from your home itself. So you can become an entrepreneur and work part time or full time as it suits you.

The process of getting into travel business is easy and the scope tremendous that is what is making more and more people to jump into this. And what makes this business stand apart from the other business opportunities you would come across is that there are no inventories to be maintained and no technical skills need to be acquired. Want to know more about this wonderful home based business you could start with, just read on.

The concept. As an agent you would be required to get business for the agencies by selling the travel related services they are selling, and the reward comes as the commission on each sale made through you. Join a company learn the required stuff using training manuals that will be provided by the agency and you are ready to start earning. It is easy to learn and you could start earning quite soon. The agencies offer this opportunity to increase their business, and I turn you get to increase your income.

The current travel statistics. The travel industry is one of the largest and most flourishing industry as of today, with over four trillion dollars as the annual revenue. And the players, that is people in the business, have gone much beyond 120 million. The industry is expected to grow five hundred percent in the next fifteen years to come. With statistics a strong as that it can be the most lucrative trade for anyone who chooses to be in this. And statistics mean nothing to your, I am sure the excitement involved in the business would surely get you interested.

The benefits. Once you become a member of the trade you get to enjoy major discounts with hotels worldwide, reduced car rental and entry fee to special events and places, discounted airfares and cruises and free familiarization trips across the world. That’s not all you get tax benefits too, you will be given a deduction on personal travel and stay, vehicle, phone bills, personal computer expenses. All this you will learn when you enter the trade. And all these benefits are apart from the great commissions you will earn and the all other advantages of any other home business.

Agent types. There are typically two types of agents in the business, referral and booking agents. Booking agents are also known as selling agents sometimes. Referral agents are the ones who simply generate leads; they do not carry out the final booking procedures. They get the prospective customers to the selling agents who carry out the entire planning and booking procedures. As a referral travel agent you need not get into the technicalities of the trade you are just to get the people to the selling travel agents who will handle all the technicalities and make the final sale. The referral gets his share of the commission for the customers brought in by him, which will normally be much lower to the selling agents commission who gets a major chunk of the commission for the hard work that he has put in.

The economics. You can begin the business with as low as a few hundred dollars. You will be required to pay the agency joining fee and cost of training and information, which could vary drastically across the industry. You may need to spend some amount of money to get more information about the trade. The other expenses would depend entirely on the strategy you choose to get customers coming to you.

How to run it. As the name suggests this small home based travel business can be run easily from the home itself. If you want to start with personal selling you will have to spare some space in the house to make a small office. You might even have to get your office registered as per local norms. You must spend sensibly on the interiors and furniture of the office so that you can make a good impression on your customers. Also you would be required to do some advertising for the business. On the other hand you also have an option of running the entire business on the internet, wherein you will have to invest on website hosting, design, maintenance and internet marketing. The investment is all in your hand as you are the sole decision maker about what the scale of your business would be and what will your operational strategy be. Though every one wants to make it big, it is always better to start from small and work on the idea t make it big.

A business venture which you can start with as low a budget as this and the kind of thrill and excitement that it offers are indeed the reason that thousand of people are stepping into this business each day. And before the competition gets high and the entry fee takes a hike you must make your decision fast and get onto it, as its no point sitting and cribbing later on that you missed the bus. So get moving and start your small home based business as soon as you can and reap the benefits of the travel industry as it scales new heights.

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