HOW MUCH CAPITAL/MONEY DO YOU NEED TO START A TOUR COMPANY
How much money is enough for one to start a tour company in Uganda?
Well, we will also highlight what is required other than money.
To start a tour company of your own can be a rewarding and profitable experience.
www.ugandatourismconsultants....
Here is a set of 5 Key points to note as you intend to start a tour company
1. Get a Business name & Register it to legalize your Business
Business Name-FREE so you do not need to spend on a name. Ask Friends instead for options
Register and legalize your business & obtain all permits and license this will not cost you Ugx- 600,000
Bank account: -USD Account -300.00 & Ugx account 100,000
Form 20. Form A1. Form S.18. And Form of notice of situation of business
2. Go online
Host your website Ugx 360,000
Write your own content- FREE
Great function website -Ugx 1,000,000- Pay the IT
Ask friends to give feedback and improve this further with time.
3. Working Space & Internet
In the early stages of maturing your dream,
You will not need an office space - Work from Home
Computer -1,000,000
Mifi- 120,000
Internet Monthly -100,000
Use internet to read a lot and gather research on product knowledge, search engine optimizations and read about your competitions.
Put Internet to effective use.
4. Have Network of Valuable friends
Making valuable friends especially those that will act as your tourism business Coach.
Local friends & international friends
Talk to them about your dream company
Make them your first customers and future ambassadors for your business
Treat them so well and grow your net-worth.
This is how you can start a tour company with no large sums of money or capital
5. Apply the P.O.M.E sequence
Be able to PLAN ahead - Do an action program
Stay ORGANIZED, it is important always to keep yourself so organized & keep informed decisions
MANAGE the operations well- be punctual, keeping promises and trust.
Lastly, EVALUATE your actions to progress your growth,
Questions:-
Don’t I need marketing materials and pamphlets or brochures?
NO-Do electronic destination power points to send out to friends or electronic brochures and you can use power point
Developed a service rate chart that you can send out electronically.
You do not need paper marketing to drain you.
How about Vehicles?
No need of vehicles, all you need is to get a reliable vehicle supplier for hire.
How about the people to work with/Employees?
Start with your wife as your message or relative as you grow.
How about marketing especially Trade shows?
First grow your online presence before getting on activities that require big funds.
Stay close to your business mentor & seek Product Knowledge.
Now you know how much money you need to start a tour company, start and grow and become successful -Follow this link and discover what makes you a successful tour operator
www.ugandatourismconsultants....