Free Travel Agent Business Plan
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Free Travel Agent Business Plan

If you are setting up a Travel Agent business then it is practical for you to write down a Travel Agent business plan. If you want capital for your company this will assist you with it and even if you are fortunate to have an adequate amount of money to start-up your own business then a business plan will help you in your business stratagem. This will boost the probability of your business being a hit, which cannot be a bad thing.

Your plan should embrace the following...

Travel Agent Executive Summary

Your Travel Agent executive summary should be written last after you have done all the ground work in preparing your business plan - it is after all meant to be an outline of your business. This is the page that will grab the interest of the reader and make them know what your Travel Agent business is about. By and large it should provide the person who reads it 3 years highlights of your business or longer if you carry out a more long term business plan - i.e. when the shareholder(s) are liable to start seeing some profit on their investment. The Travel Agent executive summary should reference the key protagonists who are going to help run the business and generate the returns for the investors and if any additional management will be required in the procedure. Click here for more free advice on how to write your executive summary.

Travel Agent Objectives

As the executive summary more often than not includes the breakdown of the first 3 years - your objectives must as well be set out for your first 3 years of operation - this can be a small number or might be a good deal more complete - it is entirely down to you, but having unrealistic goals to complete for your Travel Agent business in an unrealistic timeframe will put possible investors off considerably than them being impressed at your high objectives.Read more about business objectives.

Travel Agent Mission

Some 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 get bought out! If you can build your Travel Agent business up to sell it at the same time as retaining a number of shares then you will have achieved victory. To accomplish your last mission you will most likely need some smaller missions - these may well be to attain a certain turnover, to reach a certain amount of patrons, to push 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 need to tell people how and why your Travel Agent business is going to be a hit - 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 put more effort in than your competitor - then at least that is something...but you'll need to back it up with some confirmation especially if you are looking for funding in your Travel Agent business.

Company Summary

Here you should write down a simple arrangement of your business over the next three years unless you have a long term plan.

Company Ownership

Simply put in writing who is going to own the Travel Agent business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for those shares - it's reasonably regular for somebody to have possession of part of a company but hold no voice in how that company is run. You need to express if the business is a limited company, private, public or if you are a one man band.

Not sure which business structure to go for?

Location(s) and facilities

Where is your Travel Agent business going to be trading from and why are you going to be trading from this position - you may perhaps not be able to give a pinpoint address at this young stage but you have to narrow it down as much as you can, as clearly this will have a considerable impact on your company. It's as a rule simple to get premises for any Travel Agent business in particular 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 completely.

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 Travel Agent Business.

Before you can push any services or products you need to record precisely all of the equipment you are going to require and if you are going to need any resources in order to pay for all of these items. You may require to alter your start-up summary depending on your financial position - so you might have a preference for certain Travel Agent equipment nevertheless not be able to manage to pay for it until you have sold several units of service / product.

Travel Agent Start-Up Costs

This is a straightforward inventory of things you need to buy and stuff you can bring into the business if you already own them before your Travel Agent business can begin working. If you do not have sufficient funds you should also incorporate who is going to grant this capital to get your Travel Agent business going.

Visit this page for more typical start up costs.

Travel Agent Investment

If you do not have sufficient funds you ought to add in the full amount of investment you are going to require and what's more involve 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 Travel Agent Business.

Travel Agent Business Plan Page 2

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