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Travel Agency Business Plan PDF Sample Free Download

Starting a Travel Agency Business plan sample PDF
Free Small Business Templates and Tools
Here's a collection of business tools featuring dozens of templates, books, worksheets, tools, software, checklists, videos, manuals, spreadsheets, and much more. All free to download, no strings attached.
► Free Small Business Templates, Books, Tools, Worksheets and More

How to Start a Travel Agency Business - Travel Agency Business Plan PDF

Are you considering starting a Travel Agency Business and are in need of a travel agency business plan PDF? if yes, you'll find this free book to be extremely helpful.

This is a practical guide that will walk you step by step through all the essentials of starting your business. The book is packed with guides, worksheets and checklists. These strategies are absolutely crucial to your business' success yet are simple and easy to apply.


Don’t Start a New Travel Agency Business Unless You Watch This Video First!

Checklist for Starting a Business: Essential Ingredients for Success

If you are thinking about going into business, it is imperative that you watch this video first! it will take you by the hand and walk you through each and every phase of starting a business. It features all the essential aspects you must consider BEFORE you start a business. This will allow you to predict problems before they happen and keep you from losing your shirt on dog business ideas. Ignore it at your own peril!


Here’s a Valuable Free Gift for You
This is a high quality, full blown business plan template complete with detailed instructions and all related spreadsheets. You can download it to your PC and easily prepare a professional business plan for your business.
Click Here! To get your free business plan template

The Single Most Important Ingredient for Business Success

The first and most important thing you need to acquire in order to succeed in a small business is... knowledge.

Sounds exaggerated? Listen to this...

According to research conducted by Dun & Bradstreet, 90% of all small business failures can be traced to poor management resulting from lack of knowledge.

This is backed up by my own personal observations. In my 31 years as a business coach and consultant to small businesses, I've seen practically dozens of small business owners go under and lose their businesses -- not because they weren't talented or smart enough -- but because they were trying to re-invent the wheel rather than rely on proven, tested methods that work.

Conclusion: if you are really serious about succeeding in a business... If you want to avoid the common traps and mistakes... it is absolutely imperative that you acquire the right knowledge.

"Why Invent Mediocrity, When You Can Copy Genius?"

That's an excellent quote I picked up from a fellow business owner a few years back. What this means is that you should see what is working and try to duplicate Printing Business. Why go through all the trouble of inventing something new, that you don't even know will ever work, when you can easily learn from and duplicate something that has been a proven success?

[ Note: One of the BIGGEST mistakes almost all new businesses make is that they WASTE tons of valuable time, energy and money on trying to create something "new", that has never been tested or proven... only to find out later that it was a total loss. Don't make the same mistake! ]

Hi! My name is Meir. I'm the founder and president of BizMove.com, a successful internet based information business. I'm also the author of numerous books, mostly in the area of small business management.

I've been involved in small business for the past 31 years of my life, as a business coach, manager of a consulting firm, a seminar leader and as the owner of five successful businesses.

During my career as a business coach and consultant I've helped dozens of business owners start their businesses, market, expand, get out of troubles, sell their businesses and do practically every other small business activity you can think of.
You see, I have been there .... done it ... and bought the Small Business t-shirt! -- This free book contains techniques and strategies I've learned during my 31 year small business career.

Here's what you'll discover in the 'How to Start a Printing Business' book:

How to determine the feasibility of your business idea - a complete fill in the blanks template system that will help you predict problems before they happen and keep you from losing your shirt on dog business ideas.

A detailed manual that will walk you step by step through all the essential phases of starting your business

A complete travel agency business plan PDF template. This fill-in-the-blanks template includes every section of your business plan, including Executive Summary, Objectives, SWOT Analysis, Marketing Analysis and Strategy, Operations Plan, Financial Projections and more (a similar template is sold elsewhere for $69.95).

All this and much much more.

Success Tip: Setting Goals

Good management is the key to success and good management starts with setting goals. Set goals for yourself for the accomplishment of the many tasks necessary in starting and managing your business successfully. Be specific. Write down the goals in measurable terms of performance. Break major goals down into sub-goals, showing what you expect to achieve in the next two to three months, the next six months, the next year, and the next five years. Beside each goal and sub-goal place a specific date showing when it is to be achieved.

Plan the action you must take to attain the goals. While the effort required to reach each sub-goal should be great enough to challenge you, it should not be so great or unreasonable as to discourage you. Do not plan to reach too many goals all at one time.

Establish priorities. Plan in advance how to measure results so you can know exactly how well you are doing. This is what is meant by "measurable" goals. If you can’t keep score as you go along you are likely to lose motivation. Re-work your plan of action to allow for obstacles which may stand in your way. Try to foresee obstacles and plan ways to avert or minimize them.

Click here! to download your Travel Agency business plan PDF book for free


Management Skills Video: How to Become a Great Manager and Leader

Learn how to improve your leadership skills and become a better manager and leader. Here's how to be the boss people want to give 200 percent for. In the following video you'll discover 120 powerful tips and strategies to motivate and inspire your people to bring out the best in them.

For more insightful videos visit our Small Business and Management Skills YouTube Chanel.


Here're other free books in the "how to start a business" series that may interest you:

Agriculture Assisted living Auto repair Bakery Bar Beauty salon Bed and breakfast Bookkeeping Boutique Bowling alley Carpet cleaning Car wash Catering Cattle farming Charity Cleaning Coffee shop Computer repair Construction Consulting Convenience-store Cupcake Daycare Dental Dog daycare Ecommerce Electrical Embroidery Engineering Farm Fashion Film Financial advisor Fitness center Flower-shop Food Food truck Franchise Frozen yogurt Furniture store Gas station Goat farming Grocery store Gym Hairdressing Hair salon Ice cream Insurance agency Interior design Internet Internet cafe IT Jewelry Landscaping Laundromat Laundry Law firm Magazine Manufacturing Microbrewery Motel-hotel Music Nightclub Nonprofit Nursery Online-retail Photography Pizza Plumbing Poultry farming Preschool Printing Private investigator Pub Real-estate Resort Restaurant Retail School Security company Service Software Spa Sports-bar Startup Supermarket Travel agency Trucking Vegetable-farming Website

Here's a Sample 'Executive Summary' for a Travel Agency Business plan:

  • What is the objective of the firm?  Why does it make business sense?  How will you make money?  Summarize your whole business plan into 1 paragraph.

 

  Mission

  • What is your competitive advantage and how can you describe it to investors and customers?

 
Keys to Success

Company Summary
Travel Agency is a full service travel agency that specializes in adventure travel and provides recreational and business travelers with professional service and consultation. Travel Agency will position itself as a specialist in the field of adventure travel and will generate the majority of its income from this segment.

 
Company Ownership
Travel Agency is a sole proprietorship owned and operated by Shea Delaney in the town of Atkins Grove, California. Travel Agency's owner is researching the possibility of establishing Travel Agency as a Limited Liability Company (LLC) or Partnership (LLP). This may occur within eighteen months of operation.
Products/Services
What are the products or services? Include full product/service descriptions                                 
How will the products/services be priced?  Which approach will be taken in deciding on price?
What future products/services are going to be added on?

Market Analysis Summary
What is the market for this business? 
Do an industry analysis
What risks do you foresee?  Market risks, competition risks, business risks?

Market Segmentation

  • Segmentation 
  •  

Are there segments to the market that the company will be focusing on?  What are the market trends?  Is this a seasonal marketplace?  What is the projected market growth?

 


Market Analysis

 

 

1999

2000

2001

2002

2003

 

Potential Customers

Growth

 

 

 

 

 

CAGR

National

10%

9,000,000

9,900,000

10,890,000

11,979,000

13,176,900

10.00%

Woodville

15%

100,000

115,000

132,250

152,088

174,901

15.00%

Internet

20%

3,000,000

3,600,000

4,320,000

5,184,000

6,220,800

20.00%

Total

12.78%

12,100,000

13,615,000

15,342,250

17,315,088

19,572,601

12.78%

 
Target Market Segment Strategy

  • What is the customer profile?  Describe in detail who the customers are and what will be the strategy for acquiring those customers.  Will you try to go after all the market segments at once or focus efforts on one or two and add more later?  Are some more profitable than others?

 
Service Business Analysis
The U.S. travel and tourism industry is the nation's third largest retail industry, and the U.S. Department of Commerce says that it will be number one by the year 2000. Revenues from travel have increased approximately 100% in the last decade. U.S. travel agencies produce over $100 billion in revenues each year. The market is separated into two main categories, business and leisure travel. Each contributes about 45% to total revenues. The remainders of revenues are generated from combined business/leisure trips. The market is further separated into domestic and international travel. Domestic travel accounts for approximately 70% of industry revenues. Business travel can be divided into two categories, the medium to large corporate account and the small independent businessman. Leisure travelers are classified according to the types of trips they take, income, or age.
The four primary leisure travel groups are:

  • Adventure, Special-Interest, R&R, Honeymoons, and Sightseeing Trips.
  • High-Income Travelers.
  • Budget-Conscious Travelers.
  • Families, Students and Seniors.

 
Competition and Buying Patterns
There are many activities and types of travel available to people contemplating an adventure vacation. These substitute products and services are one type of competition. Theme parks, motor home trips, and cruises are just a few. Other substitutes include less expensive, self-planned, or trips geared towards more traditional types of vacations. In addition, potential customers do not have to vacation. Instead, they may elect to spend elsewhere, or invest the money they would have otherwise spent on a vacation. Direct competition can come from virtually any agency, and there are several agencies that specialize in adventure travel in the United States. Lifestyle, age, and disposable income influence the decision to travel and in which type of travel to participate. Adventure travelers make purchase decisions based upon their desire to combine athletic interests with vacation time. The average adventure traveler engages in one adventure travel vacation every 12-18 months.

Strategy and Implementation Summary

  •  

What will be your value? What will you offer that will make you valuable to the customer and the marketplace?                                               
SWOT Analysis
Item body here
Strengths
Item body here
Weaknesses
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Opportunities
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Threats
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Competitive Edge

What will be your competitive edge?  What is better about your business vs. the competition?  

Marketing Strategy

What Marketing plan do you foresee doing?  What marketing strategy will you use?                                                                               
What will your community and public relations strategy be?  

Sales Strategy

Sales Forecast

What is your sales forecast for the year and how did you decide on that number? 

 


Sales Forecast

 

FY 2000

FY 2001

FY 2002

Unit Sales

 

 

 

Row 1

0

0

0

Row 2

0

0

0

Row 3

0

0

0

Other

0

0

0

Total Unit Sales

0

0

0

 

 

 

 

Unit Prices

FY 2000

FY 2001

FY 2002

Row 1

$0.00

$0.00

$0.00

Row 2

$0.00

$0.00

$0.00

Row 3

$0.00

$0.00

$0.00

Other

$0.00

$0.00

$0.00

 

 

 

 

Sales

 

 

 

Row 1

$0

$0

$0

Row 2

$0

$0

$0

Row 3

$0

$0

$0

Other

$0

$0

$0

Total Sales

$0

$0

$0

 

 

 

 

Direct Unit Costs

FY 2000

FY 2001

FY 2002

Row 1

$0.00

$0.00

$0.00

Row 2

$0.00

$0.00

$0.00

Row 3

$0.00

$0.00

$0.00

Other

$0.00

$0.00

$0.00

 

 

 

 

Direct Cost of Sales

 

 

 

Row 1

$0

$0

$0

Row 2

$0

$0

$0

Row 3

$0

$0

$0

Other

$0

$0

$0

Subtotal Direct Cost of Sales

$0

$0

$0

 
Web Plan Summary -

  • Create web pages in PowerPoint of what your website will look like.  Will you have an e-commerce or a static information site?  What promotions will you offer online?  Create your domain name and make sure it is not used yet.

Management Summary
Shea Delaney will act as the General Manager. However, Travel Agency is a small organization and its employees will share in management duties and decision making. It will be important for each member of the team to be capable in all aspects of the business. Prerequisites for all Travel Agency employees include at least five years travel industry experience, knowledge and ability in the types of activities Travel Agency will promote, and Certified Travel Counselor (CTC) certification for applicable positions. The CTC designation can be obtained through the Institute of Certified Travel Agents (ICTA).

Improve Your Leadership Skills By Using These Ideas

Do you wish you were a more polished leader with all the right skills? Well, it takes time to learn what is necessary in becoming the best leader. As a matter of fact, it's something you live into as you learn more. So, put these tips in place in your life that you're about to read.

Allow ample opportunity for your employees to offer feedback and new ideas. Although group meetings are the ideal setting for exchange of information, some employees may not feel confident offering opinions in such a public forum. Work with employees individually as well. This will help you gain trust and get some honest feedback.

Being a great leader is a lot more than dishing out orders. One of the most important parts of being a great leader is developing a trust between yourself and your team. If you want your team to give you the best work possible, treat them with the same respect you demand.

Always remember that a great leader builds up and does not need to tear down. Do not be overly critical of those on your team. Be quick to give commendation, praise and recognition. Even when people fail, commend the effort and inspire them to get up and try again to succeed.

While you should always be there for your team as a leader, don't forget to nurture growth in yourself. Figure out where it is that you want to grow. Do what you can to stretch yourself as much as you can. Engage and deepen your passions and strengths to make your most valuable contributions.

Understand the business you are in. Unfortunately there are many leaders out there who don't get their business totally. Whether that's because they inherited the business or they just no longer care, it doesn't matter. It reads the same to employees. How can you lead if others don't trust that you have the knowledge to do so?

As a leader, you need to create a joyful atmosphere. Nobody wants to work in a place that is full of negativity. You must work to discover the possibilities in every situation and try to enjoy yourself every day. Remain positive and help others remain positive. Know that you can create something wonderful with your team.

Treat all of your employees well and never get involved in office gossip. Employees are usually happier in an environment where their work is appreciated and valued on the same level as any other employee. Spend time working with all of your employees so that you understand each person's contribution.

Learn to take responsibility for things, even those that are not your fault. A great leader understands that when the team fails, everyone fails. Instead of placing blame on individual members of the team, a great leader will know that something about the way he leads the team may be the reason for the failure.

Befriend a trustworthy person in the same business field. This person will be invaluable when you have an idea and you want to make sure it is actually viable. You will, of course, have to be available to your "business buddy," as well, as this sort of relationship is a two-way street.

Always remember that there is an inverse relationship between what's on your mind and your personal productivity right now. If something is on your mind, write it down. If you need to, work on it now. If it can wait or can't be helped right this minute, set the paper to the side and get to work on something you can do right now.

When you are the leader of the group, you are responsible for the atmosphere. If you come to work in a bad mood and are disrespectful to your team, the atmosphere will be a negative one. Always try to keep things positive at the office, work site and in your communications with your team.

Keep in mind that hope is not always a good thing. If you or your business are involved in a situation that has an inevitable and bad ending, do what is necessary to terminate the situation and move on. Employees will never forgive blind optimism in such circumstances, and it's better for everyone to have a bad situation behind them as soon as possible.

Be a passionate leader. It is easier for other to follow a leader that truly cares about the group's goals. Great leaders should have a genuine passion and enthusiasm for the projects in progress instead of just making sure everyone is finishing their work. Express your passion and let everyone know that you care about their progress. When someone shares with the group, let them know that their contribution is appreciated.

Nurture growth in your team members. You can do this by offering help and solutions when they make a mistake instead of punishments. Understand that everyone makes mistakes, and show your workers where they went wrong when they make one. A great team is not hired, it is built through teamwork.

If you are the leader of a business, you should never let your personal opinions get in the way of how you do business. For example, never pass somebody up for a promotion simply because you do not like them. If they deserve to advance, you should set your feelings aside and make it happen.

Emotional intelligence plays a large role in your success as a leader. It's not enough to know every policy, procedure, and protocol. You also have to know people! Research in this area reveals that a leader's mood can have a significant impact on team members' performance. A positive, forward-thinking attitude tends to result in higher productivity and greater job satisfaction.

Powerful leaders are humble people that instill the right values in others and teach the right knowledge. In order to be a successful leader, you need to remember what has been described to you here. You can provide inspiration and truth to people and help give them direction that they need.

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