Business At A Glance
Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Online Operation? Yes
The main requirement for starting a travelagency or starting a business as an independent travel consultant willbe to check local regulations in terms of certifications that may berequired to operate the business.
Additional considerations alsoinclude:
- Operating a general travel agency, or specializing in aparticular type of travel.
- Operating location: storefront orhomebased.
- Target markets: the well-heeled traveler or the budgettraveler.
- Advertising, promotions, and marketing. The travel industryas a whole is extremely competitive, especially for businesses thatoperate as general travel agencies. To limit competition it isimportant to specialize in this industry and seek a niche market.