How to Start a Travel Agency Business Properly in 2022 | Tips to Start a Home Travel Business Easily
Starting a Travel Agency from Home: What to Expect Time-Wise — In general, it will take a few years to get your agency off the ground. This is the case with any entrepreneurial endeavor. We’ve found that it can take 3-4 years to really start generating a sustainable income. Here’s the reason it can take a while to get going (especially when you’re starting a travel agency from home)
- It takes a while to build a client base and develop your brand
- Even when you do make your first bookings, you’re not paid commission until after your client completes their travel (or after final payment for some vendors). So, if you make seven bookings in January but the clients aren’t traveling until November, you can see how your first-year money might be tight. Let’s just say, if you’re wanting to walk off your current job, and are thinking that the big bucks will roll in the next month, you might want to reconsider your strategy. 😉
- Travel is something most people only do 1-2 times a year. Even with referrals and repeat clients, it can take a lot longer to build a steady business compared to a new restaurant or other service industries.