How to Start Travel and Tourism Business in India

What do you think when you see this picture? How do you feel? Do you find it relaxing? Does imaging yourself in this picture make you feel alive? I guess the answer is same for all of us when we see this beautiful picture.

Nowadays a disease called stress has become a part of our everyday’s life, we all face so much of stress in our life that we just want to be isolated sometime. Or just to pack our bags and run away from our daily routine hectic for some weeks and return with no stress. And I know many of us don’t want to come back at all.

Vacations are replete with lots of fresh air and sunshine and they are tempting too because you are not habitual of experiencing this in your daily routine life. We all know the life we are living is far away from the natural beauty and the harsh reality is that we all are doing whether we like it or not just to earn some penny for our living.

So, what if you get the opportunity to live this amazing life daily and make money from it too.  Wondering how?

The answer is Tour and travel business, a business where you can experience the beauty of nature, explore new areas, meet new people and make money from it too. Earlier, the tour and travel business had a different version but these days it means designing packages of vacation trips for families, college groups, couples etc where the package includes the traveling, hotel, food &beverages, and entertainment stuff. 

Now, How to start your tour and travel business in just simple five steps-

Step -1- Identify your customer

First of all, you identify who your target customers are and what their tastes of life are. It is little nitpicking to identify your customer, adjusting the trips or activities to their needs and developing a market plan with keeping in mind the budget of the customer.

Additionally, you can develop places by traveling yourself and build a database of the location, hotels or activities you can offer to your customer.

Step -2 Deal with the legal side

According to Indian legal system, there isn’t a lot of legal red tape when it comes to starting a tour and travel business. No license is required to start or register the tour and travel business.

• Register your company

Now when you have decided to start, then what kind of company you want to get register. Whether you want to register with private company, LLP, or OPC or partnership firm at your initial stage?

However, the business structure you choose will largely depend upon your business plans and strategy or the amount you intend to invest. Hence, for brief knowledge read here.

Step-3 Brand your business – make a mark

Once you determine what is your business structure looks like and what your customer is, it’s important to get down to the nitty-gritty of creating a strong brand for your business. 

Basically, the truth is that it is little difficult to survive in this competition, but you can stand out with a well-developed plan or strategy. While planning just thinks how you want your customer to feel when they visit your website or see your advertisement or taste your service. The more you have satisfied customer the more you will be branded.

Step- 4 Blood of your business – Funding

How did you plan to fund your business?

Luckily, in your initial stage, your starting cost could be very low as you won’t have expenses to buy expensive equipment or you don’t need extensive office space at the beginning of your business.

But, later you will need and for that make sure you do have a plan for funding today. As, you can see your initial funding budget will likely to go for branding, marketing or advertising and you may also decide to rent office space and hire employees which is fairly expensive and needs funding.

Unlike other businesses, there isn’t one tried and true path for funding a travel business. From personal funding to loan or venture capital funding, all possibility is there.

Step- 5 Market and Launch your business

Marketing will likely be there where majorly all your funding goes, and it is one of the most focused areas when you are stating a tour and travel business. After studying and marketing and registering you can launch your business easily.

Conclusion

Ideally, the company should have marketing skills, funding abilities or the most important the passion for travel to start a tour and travel business.  

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