FlyerTalk Forums - View Single Post - How to qualify for travel agent benefits?
Old May 29, 2022 | 4:50 am
  #7  
ft101
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Originally Posted by DavidO
In other words, travel advisors are small business owners. There’s a certain baseline of expenses — E&O (professional liability) insurance, fixed costs paid to your host agency, your own technology expenses, business license, incorporation fees, marketing expenses, educational expenses, as well as the value of the time you invest running your business. Of course, you’ll have to pay business taxes and likely have to hire an accountant and tax preparer.
Sound like a USA-centric version. Other jurisdictions may make it much easier.
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