Travel agency is an organization that organizes and bargains flights, getaways, etc., for backpackers.

The travel agency business plan should entail both market study along with competitor details, summarizing what section of the industry you are aiming and what distinguishes you from them.

Consider your sales and promotional approach

Incorporate data on what prices will the goods or services is settled on, market networks, publicity and selling plans.

Business plan for Travel Agency - Format
• Executive Summary - describing company's area of expertise, its goals, future goals, start-up fund requirements, locating potential prospects, key competitors from which the firm seek to attain market share, sales objectives, etc.
• Major Objectives - targeted sales through various medium, strategic tie-ups, net margins, etc
• Mission - aim to connect traveler with service providers and lodging that suits the backpacker's needs and budget.
• Path to success - market positioning, quality of services offered, etc
• Company Review - details about expenses, assets, endowments, loans, funding details, etc
• Company rights details
• Various Company Locations and Services - details about agency's presence in the nation and various facilities offered by them
• Service - competitive prices, equipments, offerings, travel packages, etc.
• Market rivalry and assessment
• Sales details - through booklets for travel spots, hire car firms, leisure, direct mail, advertisements, etc
• Relationship with travel service providers and customer satisfaction
• Deployed Technology Details
• Upcoming services
• Market Assessment Summary - Industry details in various countries of the world, customer growth(through table or charts), CAGR, target market segment approach, economic trends, requirements, etc
• Rivalry and purchasing patterns
• Distributors
• Promotional programs
• Costing approach
• Sales predictions of a financial year
• Highlights
• Institutional structure
• Staff Plan
• Fiscal plan - Vital assumptions, major fiscal indicators, etc
• Estimated profit and loss
• Expected Cash flow
• Commercial percentages
• Appendix