Business-Plan (1 2 3 4 5 6) ..
Business-Plan (1 2 3 4 5 6) ..
Business-Plan (1 2 3 4 5 6) ..
EXECUTIVE SUMMARY
“Green Travel Agency “ was inspired by a company which aims to help the by sustaining the
tourism in different aspect, and that is one of the main reason why it was named as it is. They aim to be
of great help to the country’s tourism and environment as well as to service sector by providing our dear
tourists various package they could take advantage. To attain the company’s vision and mission, the
business owners will assure that customers can stay in sustainable hotels that use natural energy, that
recycle their wastes, use environmental products etc. to promote a clean and green country impression.
According to Ertel et. al (2008), one of the opportunities of ‘Green Travel’ is that it is a new
business which incorporates work, wellness and nature in one unique concept. It is probably the only
congresscenter that also wants to offer their customers peace for their body, mind and soul. The
company has many indirect competitors such as sustainable travel agencies, congresscenters and
sustainable hotels, but it doesn’t have any real direct competitors because a company with the same
concept doesn’t exist yet. Clients might not see the added value of organizing congresses with ‘Green
Travel’. Its marketing strategy must be very effective to convince the customers.
We have been inspired by how Green Travel executes their programs and plans to make sure
that their customers are satisfied with their services, implementations, programs and a lot more.
Therefore, this agency also commits to deliver outstanding and unique performance on different fields
of their services and programs. More than being compensated with a growing business, the main
agenda of the team is to be a great contribution in country’s recurring issues and difficulties especially
in tourism.
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Our company's strategy revolves around the necessity to give excellent service to our clients.
This will be accomplished by hiring a professional team and the supply of high-quality, custom-designed
We will allow clients to concentrate on their primary tasks while we take care of their
transportation requirements. Marketing materials must be professionally produced to reflect our desired
Furthermore, well-designed, informational brochures, fact sheets, and business cards frequently
have a stimulating influence on clients considering our services. As a result, our service will surely see
an increase in sales.
1. Provide a high level of service to people seeking moderate, enjoyable, and memorable
2. The tourism business should yield the tourist market by meeting the sector's standard personal
demands.
3. Examine the tourism and travel industry's contemporary cultural, economic, and social
challenges.
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A. Company Overview
Through the initiative and leadership of the Chief Executive Officer named Jonel Ibanez, the
agency was built and established together with her Executive Partners namely Nelson Ibanez and
Jayson Ibanez, they plan to start the business around 2023 as they are also considering various aspects
that needs to be prepared, not to mention how this pandemic is ruining people’s plans. To further
achieve the goals set for the team, an increase to number of employees or members shall also grow
before officially opening this field so dissemination of work would be much easier.
A. Industry Analysis
According to Statisca Research Department (2021) travel agencies are businesses that operate
by selling tourism and travel-related services to the public on behalf of different travel suppliers. In
addition to recreational tourist activities, they also provide accommodation and transportation services,
as well as handling the logistics of booked trips, among other services. Travel agencies include both
brick-and-mortar establishments and those based entirely online. The market size of the global online
travel agency sector alone reached roughly 432 billion U.S. dollars in 2020. This number was expected
to rise in 2021, as companies gradually recovered from the impact of the coronavirus (COVID-19)
pandemic.
Building up a business amidst the pandemic is really a risk, despite all, vacations and trips have
been part of the economy already in pulling up and helping the economic growth. Through these
businesses or industry, the team believed that there is stability and sustainability in here.
B. Customer Analysis
Knowing your target market is essential in building up a business. Spooner (2022), says there
are three elements to customer analysis: (1) identify your customers, (2) define their needs, and (3)
show how your product or service meets those needs. No matter the age or type of business you have,
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it's important to define specific characteristics about your desired customers. How you go about getting
the information will be different if you have a new startup compared to an existing business. You will
need to include key descriptive facts about your target and existing customers.
Communication: Where the group spends time, how they prefer to get information
Size of Base: Size of the target population and whether it is group growing, shrinking or
C. Competitive Analysis
Competiton between travel agencies is high, since it showcases the same product. In line
with that, Green travel agency makes sure that they are aware with what is up to trend to
make sure they are in the vanguard in this industry. One of the strategies that Green Travel
Agency use is that they “Social Media Strategy”, when it comes to traveling every people
rely 95% of their decision based on what they can see in the internet (what is on trend).
That is why Green Travel Agency grab this opportunity to reach out to their target market as
well as their competitors. With that being said, Green travel agency sees that as an
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FINANCE
In order to build a business, you will be needing a capital that you will use along the process of creating your
desire business. In that case Green Travel agency’s fund will come from a business loan from a commercial
bank amounting of 200,000php. The said amount will covers the following (estimated price/amount):
Processing of documents
30,000PHP
(Government Permits,
Registrations etc.)
etc. )
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FINANCIAL PLAN AND PROJECTIONS
o The following chart and table indicates projected cash flow on an annual basis.
400000
350000
300000
250000
200000
150000
100000
50000
0
Jan - Feb - Mar Apri - May- Jun July - Aug - Sep Oct - Nov - Dec
o Cash flow refers to the money coming in to the company including the net cash flow, cash balance
and the interest annually, the graph shows that the higher the cash flow is entering as the income,
the profit and interest grows as well at the same time, after all the deductions for the materials
used for the agency that sums up the cash balance on hand for future capital. The team’s chart
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o The following chart and table indicates the annual gross margin of the company.
1600000
1400000
1200000
1000000
800000
600000
400000
200000
0
2023 2024 2025 2026 2027
Series 1 Column1 Column2
o Annual Gross Margin is the company’s projected income on a yearly basis, this is to see
possibilities of what would possibly be the income of the agency within 5 years, to think that
resources are being added as well yearly, the team has projected to have an income with sales
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STATEMENTS
II. INDUSTRY
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The travel and tourism industry is one of the world's largest and most competitive, which means
that the quality of a company's marketing efforts may make or break them. Hotels, airlines, travel agents,
tour operators, and vehicle rental services, in particular, must adopt cutting-edge marketing techniques
to stand out. The travel and tourist business, as well as the hospitality industry, can all increase their
revenue during periods of low and high demand. Almost every country in the world has a thriving tourism
economy. Millions of people travel on many occasions each year. With shifting demographics and
evolving technologies creating fresh new travel patterns, change and evolution is more rapid than ever.
Every business owner should follow the newest tourism trends as part of their marketing effort and
economic growth strategy, whether their clients are local, national, regional, or international. Technology
has revolutionized the travel and tourism business. The introduction of technology trends to the tourism
sector has transformed travelers' expectations and enabled businesses create a more immersive
experience for their customers, from online reservations to customer communication. The travel and
tourism industry is one of the world's most important and fastest-growing industries. Many people
continue to express an interest in traveling in their spare time. This has created a huge potential for
travel and tourism businesses such as travel agencies and tour operators to meet this growing demand.
A travel agency is a company that sells or arranges transportation, lodging, tours, and itineraries for
tourists.
A travel agency's responsibilities include recommending a service that is appropriate for the
traveler, assisting with the acquisition of travel papers, processing travel plans, and providing support
in the event of refunds or cancellations. While transportation, lodging, and the provision of
supplementary services are all related to the tourism product's supply, the sales sector is concerned
with demand. As a result, businesses and tour operators must consider what their customers desire.
The first three sectors are concerned with providing a specific service to the traveler. These sectors
may work separately or in collaboration. A hotel, for example, will almost certainly rely on people arriving
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via public transportation. Similarly, activity and attraction providers may require a transportation operator
to convey guests to their site. As a result, in many circumstances, tourism enterprises have the
opportunity to form tight relationships with other service providers. While transportation, lodging, and
the provision of supplementary services are all related to the tourism product's supply, the sales sector
is concerned with demand. As a result, businesses and tour operators must consider what their
customers desire. The first three sectors are concerned with providing a specific service to the traveler.
These sectors may work separately or in collaboration. A hotel, for example, will almost certainly rely
on people arriving via public transportation. Similarly, activity and attraction providers may require a
transportation operator to convey guests to their site. As a result, in many circumstances, tourism
enterprises have the opportunity to form tight relationships with other service providers. Furthermore,
the tourism business would not function effectively without some type of control and organization.
Participants in the tourism business may be government (for example, national authorities, including
tourist offices and agencies) or private sector (for example, direct providers of tourist facilities or
services, support organizations, or development organizations). They may have international, national,
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III. PRODUCT
According to Bernard (2016), today, a company travel agency cannot concentrate solely on
booking tickets and accommodation, but rather their services need to be much more extensive,
In line with this, GMK Travel & Tours wanted to make their services and programs inclusive,
impressive and still affordable. This would include focusing on customers’ satisfaction and happiness
1. GT All Throughout
2. GT “Busog Lusog”
3. GT Educational Tour
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TRAVEL AGENCY PRODUCTS AND SERVICES
This section is composed of the detailed products and services our company is offering including
tour package services with CTOR requirement for cruises, itineraries and additional offerings.
Green travel agency will also offer an appointment service of passport. This will only cover the
Scheduling of appointment itself and the customer will need to go to their preferred DFA Office for
Airline Ticket –
1. GT All Throughout
From welcoming the tourists, clients, passengers or customers, the team would be lively and
joyful greeting them with lively voices and shining smiles, there would be someone assigned to monitor
the time of the clients’ departure and arrival, they would be given an option for an airport or seaport
mobility wherein shuttles are provided to bring them over to their first destination that could be upgraded
in renting the whole vehicle throughout their trip. With the whole duration of their stay, asking them of
their daily experiences and highlights could really help the team assess the level of satisfaction provided,
this could also help the team know if there are shortcomings that has to be addressed so the tourists
will be compensated before the end of their trip and still end up having a good impression and
experience.
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2. GT “Busog Lusog”
There will be a form that will be distributed to each of their companions prior to arrival so the
team could discern what foods to offer and not, it is also necessary to know any health condition,
restrictions and allergies so they would enjoy their whole trip. Food plan shall be prepared on a daily
basis having four meals including breakfast, lunch, snacks and dinner that could be included with the
package.
3. GT Educational Tour
What’s really making a tour interesting are its facts and history, to therefore give other tourists
what they are looking for every location, they shall be given a customized brochure or pamphlet that
covers trivias and tips on each place. Another option that can be upgraded as well is having a tourist
guide that could admonish and provide them deeper background to where they are visiting, shuttles
could be modified as well with the film it’s showing and the music it is playing, these matters could be
related to each destination so it’d be not just fun but even more full of learnings while being entertained.
Behind all these amazing programs the team could offer, the agency still wanted to make sure
that we are on top of everything by prioritizing health, safety and security of our tourists, as in worse
case scenarios, it could lead them to bad impressions and reviews. Alcohols, sanitizers, tissues and
essential medicines shall be packed on a box together with a trained personnel in first aid scenarios.
Even the driver of the shuttle itself has to pass a self defense training just to prevent future commotions
affecting our dear clients. It should be the duty of the whole team as well to assure their clients that the
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5. GT Memories Keeper and Smiles Collector
Lastly, going back to the agency’s objective, which to give the best experience for our
customers by delivering outstanding service with personal specialists, employing our local knowledge,
and providing socially and environmentally responsible vacations. In line with this, assessing their
overall experience by asking them “how likely are you to recommend us to everyone?” could help the
team further improve their service and if given a negative thought, assurance of help and compensation
should be present so they won’t feel compromised and neglected. It is very important to have them
leave smiling as it could result to a negative feedback on a social media page that of course, would
affect the whole agency. Souvenirs are also about to be presented on their last day, it could be a special
food from the place they went through, a shirt, a picture or any other customized stuff. Link can also be
provided to encourage them give us feedbacks and responses for the benefit of the team.
A. Itineraries
Here below is the sample Itinerary for a two nights and three days 2N 3D Tour Package that may
vary depending on the customer’s condition; arrival, chosen place of destinations and other external
DAY 1
Fast and Quick Dinner on the Bus Packed Meal 6:00 pm – 7:00 pm
DAY 2
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Preparation and Snacks 5:00 pm – 5:30 pm
DAY 3
END OF TRIP
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B. Additional Offerings
Here below are our sample offers and destinations to clients within the vicinity and area of
National Capital Region or NCR. According to Hamper (2020), Manila is an eclectic mix of modern
attractions and rich history, as evidenced by the many cathedrals and tributes to the city's 16th-century
establishment and modern-day malls and amenities. The city sits on the shorefront of Manila Bay,
making it a regular target for typhoons, so it is best to plan your visit outside of the rainy season (May-
November). Some of the best places to visit in Manila are the prominent churches and monuments and
the impeccably landscaped public parks. Manila is full of restaurants that serve up local fare, including
fresh seafood.
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I. MARKETING
A. Marketing Objectives
Make new customers as long time customers by providing them a one great customer
experience the first time they try our services. To be acknowledged and recognized as a
premium and reliable tourist services and plans to gain trusted clients, partners and sponsors.
them a worthy but affordable price in every service they ask us to render. A large
offered.
● Distribution: For the meantime, the first branch shall start around the cities of
National Capital Region as this is where the tourists first land, it could be done online
in advance and the tourists are also free to walk in in taking advantage of our
● Advertising and Promotion: One of the most timely and significant marketing
strategy nowadays is through online or social media sites, videos and photos could
be posted on different platforms to gather clients and customers all around the world,
be it in Tiktok, Facebook, Instagram, Twitter etc. Since the main target of the
population is to attract those who are living outside the country, then online platforms
should really be prioritized as well, referral programs for first hand tourists can also
be offered so they could get incentives by just inviting and referring us to their family
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and friends.
to be done to make the customer happy must occur, even at the expense of short-
term profits. In the long run, this investment will pay off with a fiercely loyal customer
base who is extremely vocal to their friends regarding referrals. To further assess the
level of assistance we give to our customers, the team shall continually conduct
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A. TARGET CUSTOMERS
A target audience is a specified set of individuals who are interested in your product or
service. People of a specific age range, occupation, economic level, gender, marital
status, or any combination of these variables constitute a target audience. Our main
target demographic are the households earning $50,000 or more per year ranging
20-40 years old. Travel agents and experts with a big customer base, particularly in the
premium sector are also one of the target audiences. Incentives, retreats, field
excursions, and fundraisers for corporations, civic groups, and non-profit organizations.
To elaborate further, here are lists of target audiences of the Green Travel Agency.
● Customers that do not want to deal with the difficulties of selecting and reserving
Travel insurance)
● Customers looking for tour services, such as a guide who speaks the customer's
language or has access to insider knowledge; can plan and manage logistics in a
foreign place.
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● Customers looking to lessen risk/challenges when their trip itinerary includes
destination (s).
● Customers that want to make travel easier for their special needs group, i.e.
while traveling with children, the elderly, or those who are physically challenged
travelers.
Green Travel Agency is a travel bureau that assists clients into their preferred traveling
environment for the travellers to stay in. We propose budget-friendly offers to our
customers in order for them to satisfy their travelling fantasies while being with their family
and friends. Green Travel Agency seeks a welcoming initiation to their exciting journey in
exploring the world. We serve with passion and integrity for our beloved customers in
C. BUSINESS COMPETITORS
The rivalry among travel companies is not intense since they do not provide the same
customized encounters. However, as stated previously, the firm has several potential
competitors, such as sustainable travel agents, congress centers, and ecological hotels,
but still no direct competitors exist because a company with the similar concept does
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not yet exist. Clients may not see the extra benefit of planning conferences using 'Green
Travel' as its marketing plan must be extremely effective in order to persuade buyers.
One of the most effective ways in advertising travel agencies is establishing a strong
social media presence. Social media has the greatest impact in influencing clients into
inquiring about your company. Referral marketing schemes, when done correctly, may
Referral Saasquatch gathered customer referral program data to evaluate the real
people they knew. According to Sami Belbase, President of Encore Jets, the number one
approach for boosting income is to seek for references. Sami's motivation for campaigning
for a referral program is straightforward: "If you don't ask, you don't get."
Customer reviews can leave a great impact on your travel business/agency. This can
encourage other travellers to check out your website and look into specific details and
request for more information regarding your agency. A good review gives out a good
impression to future clients. Partnership with other establishments can help gain
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other establishments regarding methods that could possibly help sustain the company
II. OPERATIONS
Green Travel Agency wanted to make the tourists or clients’ trip inclusive, with therefore
being said, from their booking, flight, travel, departure, arrival, accommodation,
transportation, goods, entertainment and a lot more should be part of their package on a
very minimal amount. Nowadays, we wanted to stand beyond the lines by removing
people's impression that agencies are all “scam” because usually, what’s posted on an
advertisement is far beyond what you’ll have and there are usually hidden charges as
well. The whole package will be compromised if there were no expectations set even
before they sign for the whole package, therefore we’ve found a paper that is composed
of all these services and processes each company should possess. We would want to
perform further studies regarding this and be assertive in picking and choosing what’s
applicable on our team since we just started it. According to Jayne (2016), below this are
the lists of travel and tourism assignments for retail travel environments. (Excerpts,
The main task of retail travel agencies is to supply the public with travel products and
services. They do it on behalf of their suppliers. Basically we can say that a travel agency
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There are eight types of retail travel agents: Independents, Multiples, E-agents,
Travel agents offer a wide range of products and services, they fall under eight categories:
information on holidays and travel, booking traditional package holidays, booking a tailor-
Travel agents offer this free service, asking customers who come into their stores if they
need help or any assistance with enquiring about a booking (past, present or future).
Travel agents offer traditional package holiday products, the package holiday (flights,
accommodation and transfers) is chosen from a brochure for a certain date flying from an
airport at a certain time to a specific hotel. All of the details which the customer requires
are in the brochure and then booked through the travel agent. The three well known tour
operators: Thomas Cook, Co-op travel and Thomson all do traditional package holidays.
A tailor made holiday is when a package holiday is booked but not through the same
company, the agent may book accommodation, flights and transfers from three separate
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different companies, this means the customer gets the holiday at a cheap price as the
travel agent could spend a day comparing prices on all three components. A dynamic
package holiday is when the customer books all three components without the help of a
travel agent, this affects travel agents as they are losing work and commission due to
people being able to book their own package holidays on the internet. Kuoni offers the
service of providing customers with a tailor-made holiday choice, allowing their customers
Ancillary services/sales
Travel agents offer ancillary services as extra products, the main things they try to sell
are: holiday/ travel insurance, airport parking and currency exchange. Travel agents try
to sell extra products so the customers do not have to worry about doing those things on
their own and the agent will get some more commission. Many travel agencies (mainly
named ones) have a bureau du change in store making it easier for customers to change
Scheduled flights
These are flights that are set to a timetable and often released 18 months before the
flight actually takes off, no matter if the plane is half full it will depart. Scheduled flights
are less likely to have delays (unless for a good reason).Travel agents can book
scheduled flights for customers on many different websites and systems. The agent can
also amend the booking if the customer needs to go to that destination earlier or later
than originally booked. Virgin Atlantic, British Airways, American Airlines are airlines
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Charter flights
These are flights which vary depending on seasons, there will be more flights in the
summer season daily (sometimes three flights a day) whereas in the winter season there
may be only one flight a day to the destination. Charter flights are more likely to be delayed
and the flight times may change a bit, also if the plane is not very filled up the plane may
not even go. Travel agents can book charter flights for customers the same way they
book scheduled flights through internet and systems on their computer. Easyjet, Monarch
Accommodation
Travel agents can book accommodation for customers who come in requesting the agent
just to book accommodation for them, the main board bases that travel agents book for
Self-Catering
Accommodation is when the customer has to either go out to places to eat or cook in the
All inclusive
This allows customers not to stress where they are going to eat their next meal or having
to go to the supermarket to buy some food in, as customers can eat breakfast,
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lunch and dinner in the hotel/ resort. Travel agents can book the accommodation for the
B. SERVICE/PRODUCT DEVELOPMENT
tourists. Customers may purchase a variety of items and services while visiting a new
location Products and services related to tourism aid visitors in experiencing the location
they are paying a visit by allowing them to view attractions, shopping for souvenirs,
travels, and purchases experiences. There is much more to tourism than only physical
items brought home by travelers relatives and friends. A tourist product is defined as "a
collection of tangible and intangible features, such as natural, cultural, and man-made
interest that forms the heart of the destination marketing mix and produces an entire
visitor experience, including emotional aspects for prospective consumers; it is priced and
Green Travel Agency believes in providing prompt, dependable, and professional service
to meet your needs. To accomplish this, we offer extensive information, carefully selected
international and domestic airline tickets, Packages for international and domestic travel,
Reservations for hotels and resorts at discounted rates, Arrangements for corporate and
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insurance, Advice on visas and travel documents, Service for land transportation, And
Consultation on travel.
D. PERSONAL REQUIREMENTS
Travel agents assist their clients in making travel arrangements. They help customers
choose their destination, transportation, and lodging, as well as inform them of passport
and visa requirements, currency exchange rates, and import duties. Wholesale travel
agents organize tours and then sell them to retail travel agencies, who then sell them to
travelers. Many tours also include optional side trips and activities that must be carefully
planned. To interest retail travel agents in the tours they have created, wholesale travel
agents must have strong marketing skills. Retail travel agents provide information to the
general public. They provide timetables and travel literature to travelers, calculate fare
costs and make reservations, and sell tours designed by the wholesale travel
organization. Agents in large travel agencies may specialize in specific geographic areas;
The things that are essential for all businesses and companies are the business name
registration. This is important in order to have a unique business name that will help
www.bnrs.dti.gov.ph in order for us to validate our company name. This is only valid for 5
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Tax Identification Number (TIN)
businesses in order to track their tax obligations and payments to the Internal Revenue
Service (IRS). When filing an individual income tax return, the Research Foundation (RF)
generates a tax statement needed by the SSA or IRS, or when claiming income tax treaty
exemption advantages, a TIN must be provided. Any individual and businesses that are
required to submit a return, statement, or other document for a person with the SSA and
IRS must have the person's valid TIN. The operational site shall be responsible for any
IRS fines related to reporting invalid or missing TINs. This is needed in this agency
because this serves as proof that you pay your taxes properly as a business owner.
This serves as proof that there are existing employees in your company and a protection
for the workers. The Social Security System (SSS) is in charge of providing social security
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III. MANAGEMENT
A. ORGANIZATIONAL CHART
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B. ROLES OF MEMBERS
Travel Counselors
Travel counselors advise clients on travel options and tour packages, book and reserve
tickets, and receive payment. They are enthusiastic about travel, and have good research
and organizational skills. Travel counselors may be offered commissions and travel
benefits in addition to salaries. They work in retail travel agencies, wholesale tour
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companies, and corporate offices with enough business travel to justify their own booking
divisions.
Travel agency managers plan, organize, direct and control the operations of travel-related
organizations. They also coordinate and direct staff activities, overseeing not only day-to-
day tasks but also hiring, training, and evaluating employees. Agency managers may also
research new products and destinations, often by travelling to them and experiencing first
Tourism small business owners/operators are responsible for all aspects of the tourism
constantly review and update business plans, check budget figures, monitor accounting
and cash control procedures, and ensure the establishment's overall operation is in line
with predictions. Despite the fact that this position is related to the travel trade sector,
every industry has small business owners/operators, and every industry has
entrepreneurs who run their own small operations. The duties and requirements are the
Tour Operator
supervise, motivate, and train employees. They work for tour companies, transportation
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companies, resorts, and attractions. They may visit proposed tour sites, inspect them,
and personally experience the services before determining their tourism potential.
Tour Director
On multi-day tours, tour directors lead and accompany passengers. They oversee
arrangements and services while also providing pertinent information and commentary.
Tour directors work for travel agencies, hotel chains, and transportation companies.
Reservations sales agents are front-line employees who help companies promote, sell,
and book their products and services. They work for travel agencies, tour and
Passengers, individuals, or groups are accompanied by local tour guides on short trips,
questions, and ensure that the itinerary is followed. They may design tours or be hired to
planning, organizing, directing, and controlling them. They also coordinate and direct staff
activities, overseeing not only day-to-day tasks but also hiring, training, and
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evaluating employees. Agency managers have certain responsibilities including using
their operations management skills to create work plans and objectives, Using financial
and training employees, Using ones sales and marketing skills to determine potential
research on new products and destinations, often by traveling to them and personally
Reference:
https://articles.bplans.com/7-revenue-boosting-strategies-for-your-travel-busines
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https://www.academia.edu/28325625/Examples_of_Products_and_Services_of_Tr
avel_Agency
https://dtiwebfiles.s3-ap-southeast-1.amazonaws.com/e-library/Starting+a+Busine
ss/Archived+Business+Ideas/Business+Registration+Requirements-Travel+Agen
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https://www.tourismtoday.com/training-education/tourism-careers/tourism-occup
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