7 Ways To Cut Business Travel Costs


BENGALURU: For many business owners, in-person meetings can require travel. Here’s how to make your travel “investment” as cost-effective as possible.

Many people regard business trips as a hindrance, as something that prevents ‘actual work’ from getting done. Some also think of it as a needless expenditure, as these days communication technologies like videoconferencing, texting and group emailing are freely accessible.

However, as small business expert Rhonda Adams notes, “I’ve renewed six-figure business deals and negotiated significant savings from regular vendors just by making the effort to travel to see them.” 

The Allstate Blog has compiled a list of 7 tips by Rhonda Adams to make business travel easier on the pocket.

Maximize Opportunities

Try to kill many birds with one stone, and visit smaller clients, suppliers and potential customers in one business trip. You might have to add a day or two, but the extra cost of car rentals and hotel bills are economical compared to flight tickets. You can gain and maintain important business by scheduling all meetings during one visit.

Read Also: PE Investments Rise 55 Pct to $4.35 Bn In Dec Quarter: PwC

How To Always Get A Return On Investment