Do you want to know the rules for Travel Agency Business in Bangladesh? Then this article is for you.
Nowadays, everyone, from young to old, likes to travel. Especially in our country, people like to travel to different countries whenever they get the opportunity.
That is, people will find a travel agency company that will provide them with all the facilities to travel easily.
Therefore, travel agency is a very profitable business at present. If you are looking for a profitable business, this travel agency business is for you.
Today, I will discuss the rules for starting a travel agency in detail. Starting a travel agency in Bangladesh is very easy. I hope you will read the entire article. Let’s start the discussion.
Travel agency business ideas
Before discussing the rules of travel agency business, you need to know some important things about travel agencies to better understand them.
What is the work of a travel agency?
Travel agencies can have different types of work.
For example, I can buy plane, bus and train tickets, provide various guides during travel, perform all travel responsibilities, book hotels, create and sell multiple types of travel packages, etc. Travel agencies have many other jobs.
For example, there are two types of travel agency businesses.
- Small travel agency business. They work on any one thing. For example, buying plane, train and bus tickets, booking hotels, etc.
- Large travel agency business. They perform all the necessary tasks for travelling.
That is, large travel agencies handle or provide every necessary task from the beginning to the end of the trip.
What is the basic idea of a travel agency business?
Like every business needs a business plan to start, you need to make a good plan to start a travel agency business. Then you have to decide what you will work on.
That is, you have to decide at the beginning whether you will complete the entire work from the beginning to the end of a trip or complete any of the tasks.
Then, you have to have a good idea of where to take the customers for the trip. Then, you have to talk to the hotel owners well so that there is no problem later.
You must also talk to the hotel owners about how much commission they will give you. Then, you can slowly start this business.
Starting a travel agency business rules
To start a travel agency business, you need to pay attention to certain things and follow certain rules so that you don’t face any problems in the future.
Choose a travel agency business name
A name is significant for a new travel agency business. Keep the name consistent with the travel agency so that anyone who hears it understands it is a proper, good-quality agency.
Also, keep the name simple so people will remember it easily.
Travel agency business plan and choosing the type of service
A plan is significant for a travel agency business. Without a plan, success can never be achieved anywhere. So you will determine all the plans at the beginning.
By doing this, you will achieve success very quickly and solve various types of problems.
First, you will have to determine what services you will provide as a travel agency.
You must determine whether you will provide full or partial service. You will think about all these things at the beginning.
Choose a travel agency office in the right place
Before starting a travel agency business, you must be well acquainted with the attractive place.
In addition, you must get a good idea of the transportation, accommodation, and food arrangements there.
That is, you should make the travel agency office in a nice place and keep it tidy. Because those who love travelling like beautiful and neat things.
So, you must keep your office nice and tidy so that customers are attracted to it.
Create a professional website for travel agency
Nowadays, people are moving towards doing everything online, so it’s important to create an online website for your travel agency and do good marketing.
Then, there will be no shortage of buyers. You will get a lot of customers for your travel, but you must create a great website.
You need to upload attractive pictures and videos to the website and provide various types of information to attract customers.
Create a Business Bank Account
Create a bank account in the name under which you opened your agency. You will conduct all business-related transactions in this account.
License a travel agency
To start a travel agency business in Bangladesh, you must complete a few legal processes. By following these processes, you can quickly begin your travel agency business.
Getting a license is very important for a company. A license will protect the company from various losses, so you must take it seriously.
First, you must obtain a trade license from the concerned city corporation or union council.
For travel agency business in Bangladesh, you need to register with the Bangladesh Tourism Board, download the PDF form, fill it out, and submit it to the Bangladesh Ministry of Civil Aviation and Tourism (https://mocat.gov.bd/).
All the necessary documents that need to be submitted for travel agency business in Bangladesh:
- A photocopy of the trade license from the concerned city corporation or union parishad must be submitted.
- A bank certificate with a minimum balance of 10 lakh taka must be submitted.
- A photocopy of the attested certificate must be submitted if it is a partnership or a limited company.
- The original copy of the TIN certificate and treasury challan must be submitted.
- A non-judicial stamp of 300 taka must be submitted in lowercase.
- After confirming the authenticity, 5000 taka must be submitted as a registration certificate fee through treasury challan in the prescribed code.
- 5000 taka must be submitted for application.
Special note: The above information is for general information purposes. For the latest information, don’t hesitate to contact the relevant government office.
See here: List of best travel agencies in Bangladesh
FAQ:
How do travel agencies earn commissions?
When a client completes their travel experience, the travel partner pays a commission to the host agency. A host agency has an Corporate number, which is used to process commission claims and payments.
Is Travel Agency a Profitable Business?
The travel agency business is profitable in Bangladesh. Travel agency businesses require a bigger or smaller budget since most people book trips online through software or websites.
What does a travel agency do?
A travel agency helps its private clients plan their dream vacations, and its corporate clients reduce their business travel costs. Travel agencies can offer their clients discounted rates, advanced booking options, ticket management, and more.
What are the types of travel agencies?
Travel agencies are mainly classified into two types: retail and wholesale. A retail travel agency sells tourist products directly to the public on behalf of product suppliers and receives a commission in return.
Our last words
Above is detailed information about the rules of doing travel agency business.
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