Are you about online? If YES, here is a complete sample travel agency business plan template & feasibility report you can use for FREE.Okay, so we have considered all the requirements for starting a travel agency. We also took it further by analyzing and drafting a sample travel agency marketing plan template backed up by actionable guerrilla marketing ideas for travel agencies. So let’s proceed to the business planning section.The travels and tourism industry of which travel agencies belong to is a big and profitable industry in the United States of America and of course all across the globe.
The travels and tourism industry provide jobs directly and indirectly to countless numbers of entrepreneurs all over the globe. The opportunities that are available in the industry cuts across service deliveries and product sales et al.Why Start a Travel Agency?One thing is certain, it is a fact that the travels and tourism industry is not all about tourists but also about all those who travel from one country to another, from one city to another for various purposes and with the help of traveling agencies. This is why any investor or entrepreneur who is looking towards starting a business in the travels and tourism industry should consider starting a travel agency.The line of business (travel agency) is open to both big time investors who have the financial capacity to invest in the travel and tourism industry and also aspiring entrepreneurs who just want to make a living but don’t have start – capital. As a matter of fact aspiring entrepreneurs who don’t have start – up capital can start out as freelance travel agents if they are diligent enough, they can build a big and well organized traveling agency.Simply put, travel agencies render services that cover all aspect of traveling. They help their clients in securing visas (especially transit visas), purchase flight tickets, book hotels, book taxi cabs and bus shuttle services and of course make arrangement for site seeing amongst other services. They work in conjunction with service providers such as airline companies, car rentals companies, cruise lines companies, hotels, railways, tourist sites managers and perhaps interpreters and security agencies (supply of bodyguards et al for celebrities and other VIP clients).So if you are looking towards starting a business in the travels and tours industry, then one of your best options is to start a travel agency. It is a cool way of making money from the industry and with little start – up capital a serious minded entrepreneur can successfully launch this type of business.
Business Plan for Arya Travel Agency.1.Business Plan Arya Travel Agency Presented To Presented By Mr. Rajat Dutta Tarun Arya.Executive Summary Set realistic business expectations. Eliminate any questions about the profitability of this business venture. Highlighting strengths. Control over the risks.
Definitive business, financial, and marketing plan.Executive Summary Utilized as our daily business roadmap. Validate our business and financial models. Focusing on realistic projections.The total capital requirement Total capital requirement Rs. 4,22,36,000 Investor's contribution Rs. 2,72,36,000 Bank Loan required Rs. 1,50,00,000 Detailed Information.Revenue Analysis Personal accountability for all financial debt. Net worth break even 3 years Debt will be retired 5 years.Chart of Sales Growth Data is based on market research and observations.Objectives Make 30-35% profit on cost.
Keeping employee labor cost between 30-39% of total cost. Promoting and expanding the Arya Travel Agencies.Objectives Achieving a profitable investment return for investors for Years 2 - 6. Expanding our marketing and advertising in NCR and in the neighboring suburbs to increase our customer base.Mission Arya Travel Agency will be the agency of choice for companies and offices, tourists and individuals and all other ones. Everyone is treated fairly and with the utmost respect. Our employees will feel a part of the success of Arya Travel Agency.Key to Success Unique, Innovative & Contemporary Service quality Employee Retention Focus Cost Control Focus Customer delight-ness.Start-up Summary Legal 10000 Stationery etc.
20000 Brochures 40000 Consultants 80000 Insurance 16000 Rent 40000 Other 20000 Total Start-up Expenses 226000 Amount in Rs.Location and operations Location Azadpur Market (Delhi) Design an Infrastructure Office Space Go-down Space Garage.Operating Criteria Vehicles Trucks Turbo Cars, SUV, MUV Buses Employees Accountants Manager Agents.Operating Criteria Working Days and Timings 6 Days in a Week. Advance 70% in advance.
100% advance wholesale market. Salary.Market Segment Business people Companies Factories Tourists Individuals Wholesale markets School and colleges.Sources of Vehicles Self Vehicles Hired Vehicles Contracted Vehicles.Profit from Segments.Competition Lot of Players Rate Competition Service Competition Campaign Competition Promotion Competition Contract Competition.SWOT Analysis Strengths Services, Rates, Timing, and Motivation.
Weaknesses Uncertainty, Hires and Contracts etc. Opportunities Wide Market, Growth, Good & Trained Employees.
Threats Govt. Policies, Accidents, Competition.Strategies Marketing Strategy Customer Service Advertising and Promotion Media Objectives and Strategy Promotional Campaign Publicity Strategy Press Release/Grand Opening Word of Mouth.Strategies Public Relations Marketing Tourism V.I.P.
Party Brochures Government Relations Private Functions Media Marketing Newspaper campaign Billboard Advertisement Inner & Outer City Marketing.Important Assumptions Economy Business Growth Seasonal Sales Variance Pricing & Cost Control Tax Rate Current Interest Rate (Bank) Interest Rate (Investor) Tax Rate Increase in cost.Assumptions Registration in KVIC All the interest and Taxes will become free till the break even. Subsidy in payment of bank.
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