Indian entrepreneurs are willing to take risks in the niche and unique industries. One of such products is the Travel industry. The travel business in India has seen an upward trend from the past few years. It’s an upcoming industry which is creating a lot of business and employment opportunities. Every entrepreneur goes through the journey of converting his unique idea into a successful business model. Apart from this, every entrepreneur has to be aware of the new regulations guiding their industry and trends. One of the latest additions to the rules governing every industry is GST (Goods and Services Tax). GST Registration is mandatory for every business irrespective of its domain industry.
If you wish to step in the travel industry, here are seven ways to start travel business:
1. Home based travel services
If you are new in the travel industry, then starting from home. It will be the right choice for you. Working from home will provide you flexibility and also control on your financial investment. With the availability of the internet at your disposal, you can create a website of your own and start selling travel packages, flight tickets, and book hotels for people looking for travel services.
2. Independent Travel Agent
If you are someone who enjoys the freedom of working alone, then you have a choice of being an independent contractor. An independent contractor can have his/her client list and work under the shadow of an established travel agency. Working as an independent contractor has the added advantage of low financial investment and also professional experience in the industry.
Franchising is one upcoming way to start on your own. You can purchase the franchise of an established tour and travel company and enter into the travel industry. When an individual purchases a franchise, he enjoys marketing as well as financial support from the travel agency. Moreover, adding clients to your list becomes a simple task, as the agency enjoys an excellent reputation in the market.
4. Corporate Travel Agency
Many multinational companies as well Indian companies arrange yearly tours for their employees. These tours can be for professional purposes as well as for recreational purposes. The companies who conduct such travels wish to work with corporate travel agents without any hassle. Corporate travel agents will have the responsibility of taking care of inbound, outbound as well as yearly tours of the organisations. Maintaining relations with such organisations will help you get good professional experience.
5. Student Friendly Travel Agency
Nowadays, students travel abroad for better educational opportunities. Such students constantly need the assistance of a professional who can help them with all the formalities related to going abroad. A travel agency can help such students with their flight bookings, visa and passport formalities.
6. Family Friendly Travel Agency
In India, people have started giving more importance to travel and leisure. Many families plan their vacations every year. A travel agency can focus on such families and provide them tour options which are family friendly. An individual, who wishes to work in this niche, should keep track of holidays and family-friendly travel destinations.
7. Pocket-Friendly Travel Services.
Young people are fond of travelling and are always in search of assistance for pocket-friendly travel services. They are still in search of places which are at a short distance as well as easy on the pocket. A Travel agent can target such young travellers and help them with their weekend plans.
We hope this article provides you with the right assistance for your business. No matter what industry you choose to excel in, it is essential to abide by the regulations of the industry and country. Afleo.com is a business service platform dedicated to helping start-ups & entrepreneurs to start & easily grow their business at an affordable price.