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Billing TravelgateX
Categories: Business

Billing and the ongoing credit crisis in travel mid and post Covid-19

Jul 1, 2021 7:37:31 AM

You’ve heard the answer to the following question countless times, likely more than your fair share at that: “Where were you when the Government declared a state of alarm and enforced the first national lockdown?” Much like our names, job titles and compelling 30 second cocktail-party propositions, many of us - through sheer necessity at times - have scripted those very uncertain days of our lives into the all too classic “elevator pitch”.

With particular respect to the travel industry, and second to the above question, you’re probably still getting the “How has it been for you guys, that side?” question. The business equivalent of “what’s your star sign?” - the answer to this question could bear significance (“are these guys about to sink?”) Or could mean absolutely nothing - if the answer is we are growing and doing well.

Further down the rabbit hole of mid and post Covid-19 questions, if you’re still waiting for your share presentation on Zoom to load - you just may get the “and your clients? How are payments looking?” This painful question forms the basis of our discussion here - billing (‘remittances’, depending on where you find yourself reading this today).

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online business strategy
Categories: Business

Why Some Travel Companies Still Fail to Grow

Mar 22, 2021 1:15:00 PM

When we talk about business strategy with entrepreneurs and managers we like to think big. We’re just not talking about turning their brand into Facebook or Google, we are talking about turning it into something bigger. Why? The main reason would probably be because we truly believe in every one of our clients’ dream, but the truth is, we always have high expectations and goals.

You see, if you own a business or you wish to start one, the worst thing you can do is to say things such as: ‘‘ I’m not sure if it will work ’’ or ‘‘ I’m expecting to earn just a few dollars from it ’’. Some even might say that they know there are a lot of competitors out there and that it’s almost impossible to stand out from the crowd. That is what we call: ”having a plan to failure”.

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