Step 2: Writing The Business Plan
Writing a business plan is the equivalent of writing a game plan for your business with play-by-plays for a two-year period. Your business plan will include exactly what your business will do, its mission statement and guiding principles, how it will be making money, what it will be spending money on, how you will be getting customers, and much more. It will force you to sit down and closely examine the different elements of starting your business and whether or not it is right for you.
There are different online resources for learning how to write a business plan, as well as a number of publications available on the subject. Whichever resource you end up using, make sure that you ask yourself any and all questions that might arise about your business. Plan for worst case scenarios by creating contingency plans as part of your business plan. The more you think ahead about your business, the better prepared you will be later on to deal with problems. And the more compelling and comprehensive your business plan is, the more likely you are to receive sponsorship from investors or partnerships with travel agencies.
This is also the portion where you would put together comprehensive travel itineraries. Be sure to include fun activities appropriate to the age group you are creating the package for. Bars and clubs are definitely recommended to be on any travel plans geared for adults. Remember that while you ought to show your clients all of the traditional tourist landmarks, they are paying you so that they can feel not just like a tourist, but a tourist with a backstage pass. See if you can arrange special tours for them, or be sure to include the nooks and crannies of the area that a tourist would not know about but a local would. Most of all, make sure that your itinerary is full of safe fun!
Depending on what kind of traveling club you want to create, you can also create a monthly, quarterly, or yearly membership that will in turn provide members with discounts, guest speakers, goodies, and insider tips on traveling. You can also plan out exclusive members only vacation trips as well.