If you’ve not yet made your mind up on whether working in the travel industry is right for you, this article will go through 8 BIG reasons why you should consider starting a travel business.
Starting a travel business is not just for the elite, or experienced entrepreneurs, it’s not even for those who already have years of travel experience. In 2019, someone started their travel business with us every 2 days.
All of them had just one thing in common. A passion for travel.
Go it alone or join another travel company?
When anyone thinks about starting a travel business which you can run online, the first question they will need to answer is ‘do I go it alone? Or do I join an established company?’
Both choices have pros and cons, and only you can decide which path is the right one for you to take.
The popularity of franchising, the option of joining another company, has grown exponentially in the UK in the last 20 years, according to the British Franchise Association. But why? This fact summarises it pretty well.
“Half of all independent new businesses fail within their first two years whilst 90% of franchise businesses become profitable in that same period of time.”
Why do people pay money to start an online travel business?
There are many reasons, the main ones as to why people part with their money in order to join a travel franchise and start their own travel business include:
- Access to a tried, tested and ready-made business model
- The initial and ongoing support, not to mention the essential training
- When you invest you join a business, with a financial backbone
- Less worry as legal compliance, systems, procedures
- Use of a trusted, known brand in the market, with authority
8 reasons why you should start a travel business you can run online
So, why start a travel business? After all, it will involve an investment of your money, time, energy, and hard work.
Here are the top 8 reasons to start your travel business, from our franchisees to you. They all started out just like you, contemplating their future and next steps.
1- Unlimited earning potential
There’s no limit on how much you can earn. Ultimately you get out what you put in. Earning a commission every time someone books a holiday means your earning potential is unlimited. Selling flights, beach trips, luxury holidays, cruises, airport parking, guided tours, attraction tickets… all of which you can earn from commission on.
Some of our franchisees are on 6 figure incomes. All through hard work and determination of course, but they made it happen by delivering outstanding customer service.
2 – Flexibility to work from anywhere
You can choose to work part-time in this business and keep your job. You can keep your full-time job and be a travel consultant at weekends/evenings.
As long as you’ve got a phone, a laptop and an internet connection, you’ll be able to make holiday bookings wherever you are in the world. Whether that’s at home, or whether you’re travelling the world. Giving you the flexibility to create a lifestyle that is tailored to your needs and wants.
3 – More opportunity to travel
When running your own travel business the more you travel the better. The more you travel the more experience you have to share with your customers, the more you travel the more imagery to share on social media to inspire people to book with you.
The more you travel the more knowledge you have on destinations to become an expert on a specific country or type of travel, such as adventure.
As you’ll be working with many tour operators and holiday suppliers there will often be organised trips in which to take part in. Here at The Travel Franchise we organised a trip to the lost city in Columbia, to raise money for charity, which some of our lucky franchisees got the opportunity to do.
4 – The perks are great
Many people who start their own travel business, don’t do it just for the extra income, but for the incredible travel perks that come with owning your own travel business. Travel Agents frequently get discounts, perks as they work within the industry.
Airlines and other travel suppliers can offer ‘travel industry only’ discounted prices for personal bookings or trips. Moreover, you’ll get to spend your work hours researching and educating yourself about hundreds of incredible destinations, making it easier for you to plan your own holidays.
Convinced already? Take our video tour to start your journey today.
5 – A great product to sell
Travel is a popular topic that everyone loves to talk about. It’s a universal language. All you need to do is figure out where you’d like to specialise. Within this competitive industry, focusing on a type of travel or a destination is key.
At The Travel Franchise, we’ve franchisees who decided to specialise in Lapland, South Africa, as well as people who specialise in luxury trips, or family-friendly holidays. Not only through travelling to these places themselves, but through our supplier training days which everyone has access to.
6 – You don’t need an office
When you start a home-based, online travel business you won’t need to pay out for an office space. This means a huge saving on expenses for your business. Running a travel business from home requires a working computer, the internet, a phone and an email address (which we’ll give you). The majority of people remain at home and are happy with this.
Some of our franchisees have grown their business overtime, employed staff and now have beautiful offices to invite their customers to, with wonderful world maps on the wall, plasma screens and brochures in the lounge area. Some have even converted a part of their house into an office.
7 – No formal education or degree needed
The majority of the people that join us don’t have any prior travel experience. So when they start their initial 5-day training with us it’s all very new, but with the best in the industry training we’ve seen courier drivers, biochemists, estate agents, teachers etc. all become certified personal travel consultants and become experts in their field.
The good news is you don’t need a university degree or any formal, or expensive prior education to work and succeed in this industry. We’ll give you all the training you need. Not just in the beginning, but all the on-going training you’ll ever need.
8 – You’ll feel good!
Selling holidays is the ultimate feel good. Everyone loves talking about holidays, trips, special occasions, bucket-lists. You’re not exactly selling something that people don’t A) Want or B) Need.
Numerous studies have found that taking regular holidays reduces the risk of heart disease.
It’s not just a transaction, a number in the system, a new commission (although being paid doing what you love is the best)… it’s about creating special memories for people.
Watch Fives Faves with Isobel and Mark to see how special the trips they organise are.
After all, there’s nothing quite like that feeling when a customer returns from their holiday to tell you just how amazing their trip was and how thankful they are.
You’ll be able to note in the diary your customer’s important dates —their annual holiday time, birthdays, anniversaries, and all their important bucket lists. Which brings repeat business for your travel business.
If this has inspired you, watch the video tour to get started today. Alternatively, if you are ready for the next step, simply reach out to our team on live chat. Just click the icon on the bottom right of the screen.