Wednesday, December 6, 2006

What permits or license do you need to open a Travel Agency in Texas? -

I want to open a travel agency (a small office) that offers adventure family tours to Latin America. What do i need to get started or how do i do it.

hmm, you should ask Authority that what they need for opening Travel Agency in Texas.

Determine what type of business you will become. You can choose from a sole proprietorship, business partnership, Limited liability Corporation, (LLC) or a corporation. Each form of business comes with its own advantages and disadvantages.Step 2 Write out a business plan. You can do a business plan yourself or hire someone to do it for you. A business plan serves as a road map or a blueprint for your business, and it includes information about advertising and marketing and future growth opportunities. You should include revenue, sales and costs of doing business as well. Your business plan will help you attract capital from banks or other lending institutions.Step 3 Get the correct licenses and permits. You need to check with the county, state and other regulators to make sure you have the correct license to do business. You will need a license for the state where your business is located. If you collect debts in other states, you have to be licensed in those states as wellStep 4 Start from your home. Many small business owners start right from their home. As you grow and get more customers you can rent a small office space. Starting out in an office space can be costly if you don t have any revenue coming in.Step 5 Get some clients. Contact banks, financial institutions or retail outlets and let them know you are in the collections business. Offer to do second placement accounts. These are accounts that one collection agency has already worked to a conclusion and the account has been closed because it could not collect money from the debtor. These are tough, but if you can collect on these a company may turn its entire portfolio of bad debts over to you.This will help you the most in setting up new buisness........

Don t forget to file an assumed name certificate with the county as well.