It’s about management structures and it’s equal parts easy and boring (#honest). You don’t need everything at once, but you’ll want to have an idea of what you need to reach some travel agency milestones you’re going for.
This will be a very fast exercise if you are opening your agency alone :). This is probably the most important factor to building a business plan. You might want to consider things like: Just because it’s technology, it doesn’t mean it has to be state of the art or über fancy.
But now that most agencies are home based, the average start up cost for a non-franchise travel agency is $1,563.
If you’re not getting a loan, do you really need a business plan?
This section of your travel agency business plan provides background information on your agency.
If you’re brand-spanking new, much of this information will be provided in the overview.
The overview is like an executive summary that briefly summaries all aspects of your travel agency business plan.
You can think of this as the “elevator pitch” of your travel agency business plan.
Mary Stein has been working as a writer and editor for Host Agency Reviews since 2016.
She loves supporting travel advisors on their entrepreneurial journey and is inspired by their passion, tenacity, and creativity.