Free International Travel Agency Business Plan
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Free International Travel Agency Business Plan

If you are starting an International Travel Agency business then it is wise for you to write down an International Travel Agency business plan. If you require capital for your company this will help you with it and even if you are blessed to have enough capital to set up your own business then a business plan will benefit you in your business stratagem. This will boost the odds of your business being a success, which cannot be a bad thing.

Your plan ought to include the following...

International Travel Agency Executive Summary

Your International Travel Agency executive summary ought to be written at the end (even though it should appear first in your plan) after you have done all the ground work in preparing your business plan - it is after all intended to be a digest of your business. This is the page that ought to grab the interest of the reader and make them appreciate what your International Travel Agency business is regarding. Generally speaking it ought to give the person who reads it three years highlights of your business or longer if you possess a more long term business plan - i.e. when the investor(s) are expected to start seeing some profit on their investment. The International Travel Agency executive summary ought to refer to the key leading roles who are ready to assist manage the business and produce the takings for the investors and if any extra management will be needed in the procedure. Click here for more free advice on how to write your executive summary.

International Travel Agency Objectives

As the executive summary customarily includes the breakdown of the first 3 years - your objectives must also be set out for your first three years of operation - this may be a handful or may perhaps be to a large extent more comprehensive - it's entirely up to you, although having unrealistic goals to achieve for your International Travel Agency business in an unrealistic timeframe will put possible investors off rather than them being impressed at your towering objectives.Read more about business objectives.

International Travel Agency Mission

A number of people see objectives and mission as identical things but they are not - objectives are there for you to meet your mission. The final mission of any business should be to sell it! If you can build your International Travel Agency business up to sell it at the same time as keeping a quantity of shares then you will have done well. To grasp your definitive mission you will almost certainly require a quantity of smaller missions - these may possibly be to attain a certain income, to reach a certain quantity of clients, to wholesale a certain amount of units of a product or service and your objectives are there to meet this mission.

Check out some of these example mission statements before you have a go at writing your own mission statement.

Keys to Success

You ought to advise people how and why your International Travel Agency business is going to be a success - if you cannot think of something to put in writing here then you are doomed. Even if your solution is just that you are going to work harder than your competitor - then at least that is something...but you will need to back it up with some evidence especially if you are looking for funding in your International Travel Agency business.

Company Summary

Here you should write down a basic structure of your business over the next 3 years unless you have a long term plan.

Company Ownership

In simple terms record who is going to own the International Travel Agency business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for those shares - it's reasonably widespread for someone to be in possession of part of a company but hold no voice in how that company is run. You need to express if the company is a limited company, private, public or if you are a sole trader.

Not sure which business structure to go for?

Location(s) and facilities

Where is your International Travel Agency business going to be trading from and why are you going to be trading from this place - you may well not be capable of giving pinpoint address at this primitive stage but you need to narrow it down as much as you can, as clearly this will have a profound impact on your business. It's frequently easy to get premises for any International Travel Agency business specially in this climate with so many businesses going out of business, but getting the reasonable business premises for the right money is a different prospect entirely.

Read more about business premises.

Start-up Summary for your Business

Before you start trading it's a good idea to have a business bank account and you are also going to have to choose a new name for your International Travel Agency Business.

Before you can push any products or services you need to write down accurately all of the items you are going to need and if you are going to require any investment in order to pay for all of these things. You may need to adapt your start-up summary depending on your financial position - so you might prefer specific International Travel Agency equipment although not be able to have the funds for it until you have sold a few units of service / product.

International Travel Agency Start-Up Costs

This is a straightforward list of stuff you need to buy or things you can bring into the business if you already own them before your International Travel Agency business can start the ball rolling. If you don't have adequate cash you should also add in who is going to grant this investment to get your International Travel Agency business going.

Visit this page for more typical start up costs.

International Travel Agency Investment

If you do not have enough cash you should bring in the whole investment you are going to need and furthermore include the breakdown of the parties that are going to finance the investment. Take account of the equity being given away to fund this or loan agreements in order to finance the agreement. Will you require a small business bank loan? If you cannot get a bank loan don't worry there are alternative methods for funding your International Travel Agency Business.

International Travel Agency Business Plan Page 2

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