"Travel is the only thing you buy that makes you happy.” In the present scenario, travel and tourism are reaching great heights. Travelling nowadays is a part of everyone's lifestyle. If you really understand and love all the nuances of travel planning and keep helping others plan their trips, then why don’t you turn it into a business and start thinking of how to start a travel agency.
Don’t know where to start? Well, we’ve got you covered in this article. Below are steps of how to get started.
Step 1: Prepare a plan for the travel agency:
Planning a travel agency should be done at the start.
-How to do travel agency registration
-Start searching licensing process for travel agency
-Start targeting the market for travel agency
-Start planning for destinations to sell from the travel agency
- Start searching office location for travel agency
-Start searching for bank loan for travel agency
- Start planning for marketing techniques for travel agency
-Start planning for legal formalities for travel agency
- Understanding of tourists’ needs and desires
- Study the market trends
Step 2: Brand your travel agency business along with dealing in legal formalities:
-Start checking how to name the company for travel agency
-Start searching on how to get your travel agency registration on Ministry of Corporate Affairs (MCA)
-Start creating an online presence for travel agency
-Start checking how to get GST registration for travel agency
-Start the process of opening Bank account for travel agency
Step 3: Start managing your funding strategy for your travel agency
-Start managing all the investment plans for online and offline marketing materials for travel agency
-Start advertising of travel agency
-Start checking how to invest in marketing tools for travel agency,
- Start planning for employees for travel agency
-Start checking office space for travel agency
Step 4: Start picking a great location and hire employees for your travel agency
While deciding on a location for the travel agency, you should consider the level of competition in the travel agency industry. Also, you need to pick somewhere that suits your space demands as well as matches your desired travel brand reputation. Also, start checking how to hire employees as per your requirement for the travel agency.
To serve you in your travel business, you should hire a travel and tourism professional with a certification. These professionals know a lot of nooks and crannies of the business. Hire a professional with a certification because professionals have a lot of experience in this field, which would be beneficial to you.
Choose any good business software to manage your cash flow and contacts: Good business software is essential for a travel agent. You should start searching travel management software. There are a lot of options available online nowadays and you can easily find a reputed and reasonable travel CRM. Travel Management Software helps a travel agency to store all the inquiries at one place, manage and track everything from start to end, save communications with customers, prepare travel itineraries, create invoices, handle accounting, and collect post-trip feedback data. Hence, the use of good travel software is profitable for any travel agency in the long run.
Step 5: Market and start your travel agency business
Your business needs to have a personality. It requires standing out and demands to scream security in, and commitment to your picked niche. In reality, you necessitate establishing a brand.
What to do with a Travel Software
-In any basic travel agency software, everyone has to register to start
-Start updating travel agency profile
- Start creating travel itineraries
-Start updating travel agency terms and conditions
-After getting customer enquiry, start sharing package details through travel software itself
-The conversation is stored in the software from start to end
-After booking confirmation start sharing payment receipt through travel software
-Start sharing Invoice through travel software
-Start sharing post-trip feedback through travel software
-Start making a database sheet of travelers at one place
If you follow through with the above points, you’re on your way to creating a successful travel agency. Just keep in mind the competition, market behavior, online presence, traveller’s needs, destination knowledge, travel software, and study legal nodes from start to end.