TRAVEL MANAGEMENT Chapter 2

COMPANIES
Enumerate the different requirements in setting up a TMC

Determine the start up cost for putting up a Travel

Agency
Explain revenue sources of a TMC
Understand Basic Functions of TMC
Understand the departments structure & job description of
TMC
SETTING UP A TRAVEL
AGENCY
3 types of Business establishments in the Philippines

 Single Proprietorship
 Partnership
 Corporation

Note: Secure government documents & Requirements

SETTING UP A
TRAVEL AGENCY
BUSINESS
PERMITS
START UP COST/ CAPITAL NEEDED:
DESCRIPTION AMOUN TOTAL
T
BUSINESS PERMIT 10,000 10,000
6mo OFFICE RENTAL 10,000 60,000
s
1 AIRCON 25,000 25,000
2 COMPUTER 20,000 40,000
2 PRINTER WITH COPIER 10,000 10,000
2 OFFICE TABLE AND CHAIRS 7,000 14,000
1 CABINET 8,000 8,000
OFFICE SUPPLIES 10,000 10,000
3mo UTILITIES 5,000 15,000
s (BILLS/WATER/INTERNET/ELECT
RICITY)
3mo Employee 4 employees 56,000 168,000
s 14,000x4
END OF DISCUSSION