Starting A Home Based Travel Business - Is It For You

By Author: Steve Wojdat
Total Articles: 43
Comment this article

If you have a passion for travel and a burning desire to make money from home, a home based travel business may be just what you’re looking for.

Generally, there are two categories which a home based travel business will fall under...

The Two Types Of Home Based Travel Business

Referral Agent - Exactly what it sounds like, a referral agent makes money by referring people to a particular travel agency.

It’s not uncommon for people doing referrals to have several travel agencies they refer business to.

As you might expect, in exchange for referrals, a travel agency will pay a referral fee and/or commission (percentage) of what the agency receives from its suppliers.

Although you should check current stats, it’s been said that referral agents are often compensated as much as $500 per sale they generate - sometimes higher.

Booking And Selling Agents - Booking agents typically work under a designated travel agency, full-time.

Book and selling travel agencies handle all of the actual planning that’s necessary for trips.

If you enjoy planning ...
... for things and are detail-oriented, the booking and selling position may be a better fit for you.

Compared to a referral agent, booking and planning agents earn a lot higher commission. However, there is also a lot more work involved.

As with my figure for a referral agent, you’ll want to do your own due diligence, but a booking and selling agent can typically earn $50,000 or more, each year with their home based business.

The First Step To Establishing A Home Based Travel Business

After you’ve decided that you want to pursue a home based travel business, the next step is to put together a plan.

There are many different things you could put some thought into, but here are a few:

- How much time do you have to dedicate to your newfound business opportunity?
- Is a home based travel business something you can see yourself doing longterm?
- Is there any special training required for the path you want to take?
- Does your state require any form of business license?

...and so on.

Like any business, it would be worth your time to put together a business plan to give your home based travel business some solid direction.

The Second Step To Establishing A Home Based Travel Business

The next part of the process, is to find a company (or companies) you can proudly send business to.

There are many different options here, so the best route would be to do your own research to find a company that’s right for you.

However, here are a few things you should look for:

- The company itself has a solid reputation...
- You will receive fair, on-time compensation for your efforts...
- Ideally, the company will have some sort of training or mentoring available to you...

“Is A Home Based Travel Business Safe From An Unstable Economy?”

Like any business, a home based travel business has its own share of potential swings in profit.

However, an unsteady economy doesn’t necessarily hurt you. In short, the travel industry itself is one of the fastest growing industries in the world.

Plus, with so many different price points available for travelers to choose from, there’s always something for everyone.

Closing Thoughts On Setting Up A Home Based Travel Business

As long as you do your homework and only deal with reputable companies, there should be no reason you can’t succeed as a home based travel agent.

Running your own home based travel business can be both exciting and rewarding, especially if you’re already passionate about travel.

Steve Anthony is a top earner with several Internet Business Opportunities. Steve shares his 'tried and true' experience in making money on the Internet, and how is replacing his 9 to 5 job, and 30 years in the Construction Industry. Steve's passion is to positively impact tens of thousands of people who wish to replace their day job with a full time income the fastest way possible. He shares his true experience in his blog at http://steveanthonyinc.com/blog