How to Start a Travel Agency From Home?

The focus of home-based business gives the option to launch your new venture which can be done from the very comforts and ease of your own home. Starting a travel agency from home definitely requires in depth research, planning and patience. In order to kick start your travel business, you should certainly follow the below steps and tips.1) First of all, when you start your business, you need to register it as per your state laws. When you are starting a home based travel agency, you can open two separate bank accounts wherein which one account will hold the business finances and the second one shall be used to keep the money which has been sent in by the clients.2) Before you start off on your business, you should decide whether you would like to start a travel referral agency or a home travel agency which is responsible for booking and selling travel packages. If you are vouching for a referral agency, then in that case you need to get in contact with existing travel agencies and can offer them partnership as well.3) You can negotiate and make business deals with travel companies based on a fair commission fee for all the referring clients.4) You can initiate a full fledged travel agency from your own home by first writing out a business plan for the same. You also need an efficient system to handle the financial aspects of the business. You also need to consider the kind of travel agency you would like to open such as cruise travel, vacation home, safari, luxury travel or a normal travel agency which books hotels and flights.5) After you get established, you can become a member of travel agent societies which will in turn boost your credentials and will help you to popularize amongst customers and business partners. You can chose to be a part of the American Society of Travel Agents (ASTA), National Association of Commissioned Travel Agents (NACTA) or the International Air Transport Association (IATA).6) You can also choose to create a contract with a host travel company who can act as a middle supplier between you and the airlines and such a kind of agency will help you to start your own travel agency and you can make your own contacts this way. Making contacts is a prime requirement in the travel industry and it should not be underestimated at any cost.