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Each year billions of dollars are spent on Airline Tickets, Hotels, Car Rentals,
Tours, Cruises, Meetings and Conventions. Travel Agents booked nearly 90% of all
that travel ......
Every time a customer completes travel plans through a
travel agent a Commission is Paid. There has always been lots of money in the travel
industry, but making it is another thing.
Until now, there have only been
two ways to enter this exciting and profitable industry. You could go to travel agent
school or you could buy a store front travel agency.
You could spend several thousand dollars to go to a travel agent school. This
of course gives you the right to do nothing more than work for someone else and unfortunately
travel agents working in an agency are on the lower end of the pay scale, usually
earning very small commissions or working for not much more than minimum wage. The
travel agent schools have plenty of graduates every day so there is never a shortage
of people willing to work on this basis.
Like a lot of businesses, the only
way to make money in the travel industry is to have your own business.
You could also invest over $150,000 to own a store front travel agency, however
if you do not have at least two years experience in the travel industry you cannot
get accredited. If you owned a store front travel agency you would receive 100% of
the commissions paid by the suppliers however those commission levels will be substantially
lower than the commissions that are paid to the larger volume purchasers of Travel.
From
those commissions you would have to pay your rent, phones, computers, agent commissions,
benefits, utilities, etc... and the labor required to maintain the records and meet
all the reporting requirements of the travel industry.
What percentage of
those commissions do you suppose a store front agency has left after paying the overhead
and operating costs ?
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