Opt For Business Class and Fly in Comfort

The experience of traveling business class means comfort and this comfort level differs from airline to airline. There is a misconception that flying business is only reserved for the rich and wealthy. In fact, more and more airlines are offering business accommodations to regular fliers at affordable and economical rates. These airlines are offering regular flier schemes that offer attractive discounts to regular business travelers. In order to find out more about these discount business class fares you need to get in touch with your travel agent who will offer you advice. You can also conduct research on the different airlines and their prices. Make sure the facilities that they offer for business seating does not only imply better meals and more leg space.There are also seasonal rates that are offered by airlines and if you can arrange the time of your travel you have the option of buying tickets that are better priced. They are also very beneficial to you if you opt for the regular flier programs as well. In order to find out more about these air fares you have to get in touch with the right travel agents who will advise you on cheap air fares. Flying in style is no longer expensive and you can now enjoy the experience of flying without having to compromise on comfort. There is no need to fly coach any longer and face discomfort on long air travel. Get in touch with your travel agent today and find out the best discount business class rates and book your tickets today.

Travel Agency Worth – Continued #4 of 4 (Financial Management Strength)

What is the strength of your agency’s financial management? This is one of the four keys to determining the value of your travel agency – operations/resource management, market position/agency image, financial management and business history. I am addressing each issue in separate articles.*Let’s consider financial management strength today.Q: Do you operate under the accrual or cash method of accounting?A: If you’re on a cash system, ask your CPA to convert your books to accrual. If you prefer staying with cash accounting, be certain that your income is reflected properly so that a buyer will know what he is buying.Q: What is your net worth?A: This is probably one of the most important valuation criterion in establishing price.Q: Do you receive a monthly balance sheet and P&L?A: If you don’t, it will be difficult for a buyer to assess trends, growth and your overall financial management.Q: Have you kept track of key financial ratios in order to get an early warning of changes in your business, such as:o Sales per employee and/or customer and/or vendor?o Commissions as a percentage of sales?o Percentage of override commissions by vendor?o Percentage of return sales by customer or account?o Percentage pre-tax profit of commission revenues or sales?A: Very few agencies have a formal program that reviews the “quality” of their customers. I have seen a tendency to serve anyone just to get the business in the door. If you look at some of those ratios above, you might find out that the XYZ Corporation’s account that you finally landed is costing you more than you’re making on it. A buyer will be more impressed with strategic thinking along these lines than with a single number of sales.Q: How are you doing with your collections?o Are your accounts receivable properly aged?o What is your reserve for bad debt and actual write-offs for the past five years?o What is your collection mix of credit cards vs. invoice?o What do you do with un-collectables?o What credit analysis procedures do you have when taking on a new account?A: Again, these items are important and reflect on your abilities as a financial manager. Bear in mind that the buyer of your agency may not necessarily have the same business acumen you have, yet you obviously want him to succeed.Q: Do you have a formal annual budgeting process?A: This is a truly impressive feature to a buyer. Even if you haven’t performed to your budget, with proper variance explanations, nothing instills confidence like a well-thought out budget.Q: Do you have bank references readily available?A: If you have a positive cash flow and generated income from your surplus investments, your banker will say very nice things about you. If you’ve borrowed money to meet the occasional air report and repaid it promptly, your banker will also have nice things to say about you.The key feature in all the criteria above is feedback. It’s like driving a car – do you have full and properly calibrated instrumentation or are you driving with the dashboard painted over? I have seen agencies with outstanding “instrumentation” and I have seen others with even the wind shield painted over.If all you know is that you’re in the travel business but you’re not really sure of any of the ratios or data above, how do you expect a buyer to make an assessment as to what he should pay for your business?Your answers to these questions will help determine your agency’s net worth – and its value in the marketplace. Travel business consultants such as Travel Business CPR will review and prepare your operation for sale on your behalf.

A Travel Writer Roams From Place to Place

Do you like to travel?  Are you a writer?  If you enjoy writing and traveling, marry these two passions and become a travel writer.  You could learn how to become a travel writer in no time.  Are you ready to live your dream?When you start your adventure in travel writing, expect a few bumps along the way. You may receive low paying writing assignments, especially if you’re new. You may even work a full-time job until your travel writing takes-off. Do not get discouraged. Many people start out this way. Build a solid portfolio and learn what you can. It will make you stronger person and writer.Travel Writer TipsKnowing how to become a travel writer takes some social skills.  Start your own blog.  Choose a “niche” travel writing market.  If you like to travel with pets, write about it.  Adventure travel is a great niche market.  Five-star hotels and resorts is another fine market.  Make sure you are writing in the niche that you enjoy.   1. Read travel writing books   2. Take a couple of travel writing courses   3. Travel   4. Write   5. Build an online as well as a “hard copy” portfolio   6. Create a resume and or video resume   7. Join travel writing forums   8. Learn photography   9. Find a writing or travel groupIf you’re a full-time travel writer, a routine can help you to stay on your travel writing path.  Yes, being a travel writer can be different from being a regular copy writer, but you still could use good habits.Freelancing Quick Tip from Solo Gig.com: Going Beyond a Resume:”With the amount of layoffs announced in January, the piles of resumes that employers have to sift through to find the right candidates are growing across a variety of industries. It is becoming increasingly important to provide more information than the standard resume allows for, and social networking sites are a great place to start. For example, try creating a professional profile on Facebook, MySpace, and LinkedIn. Then, customize each profile to show off your career goals, hobbies, skills, and experience. You can also add links to direct people to your blog and code samples, display a portfolio, or even upload a video resume. Allowing employers to learn as much as they can about your skills and background will help them connect you to the right opportunities faster.”When you make the decision to become a travel writer, pickup a couple of travel writing books. Remember that travel writing is a genre of writing. Proper grammar and punctuation are still necessary. If you are not strong in this area, get writing help. Writing software can help you strengthen your skills as a writer.Find ways to support your travel writing.  You may have to work a full-time job and write travel on a part-time basis.  Consider dabbling in affiliate marketing.  This can take some time before you build up cash.  If your blog receives a lot of traffic, you could earn extra cash in no time as long as you understand affiliate marketing.Being a travel writer can be a rewarding career. You get to travel, see the world, learn about new places, have a spiritual experience, and grow as a person. Traveling opens the doorway to other parts of the world and you receive an accurate viewpoint of a country or city. You cannot always believe what you hear or read. Who knows, you may write a compelling article that will be picked up by major magazines such as Newsweek or Time.