#1
2nd March 2016, 03:08 PM
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How To Start A Travel Agency Business
Sir I want to start the start a travel agency business in India so can you please tell me that how can I do the same
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#2
2nd March 2016, 03:43 PM
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Re: How To Start A Travel Agency Business
Hey the Travel and tourism industry is one of the largest industries in India and a very significant employment generators. According to the UN’s World Tourism Organization (UNWTO), the travel and tourism industry provides 6-7 per cent of the world’s total jobs directly and much more indirectly through the multiplier effect. Though registration as a Government of India approved Travel Agent is not mandatory, it is beneficial and provides recognition for the travel agent. Try to develop a business plan it will not only provide you with a clear plan for running your agency, but it will help you secure funding from investors if you need additional capital to start your business Do some online research to figure out what demographic is likely to be most interested in your services and plan to target them specifically. You should use your target audience to help you figure out how to market your business. For instance, if you are targeting retirees, you should probably not rely solely on social media for advertising. Create a detailed list of what you require (equipment, supplies, employees, etc.) in order to begin business operations. For each item in your list, include a justification for its need and its estimated cost. This information should also go into your business plan. Give a look on the following points Prospective Clients Types of Services A Closer Look at Specialty/Niche Travel Services A Closer Look at Corporate Travel Services Low-to-No-Cost Promotional Techniques Some important tips The services provided by a travel agent are taxable under service tax and so travel agent are required to obtain a service tax registration. If the aggregate value of taxable services, does not exceed Rs.10 lakhs in a financial year, the travel agent can claim benefit of service tax exemption and not pay service tax until the turnover crosses Rs.10 lakhs in a financial year. |