Are you looking to do more business traveling in the new year?
With more of the world opening up, the call for business travel will be higher as the world readjusts after months of doing Zoom meetings or meetings via Skype. Now is the time to save money with your travel and put your business in the right place financially to tackle the new year.
Travel Smart
Business travel can’t always be avoided. Meeting colleagues from other offices, checking on an out-of-state location, and even meeting new prospects and existing clients, a lot of these things can only be done in person, but traveling for business can be expensive.
Many businesses try to set limits with traveling, but there are a fair few employees who might see “business trip” as “business holiday”. While you don’t want to keep the reins on your employees too tight, you do need to make sure staying on budget is your top priority when it comes to business travel. However, For a budget-friendly business trip, you need to check out saudia.com, here you’ll get the best offers on your flight booking.
Airport Parking Rates
A huge area for saving money is airport parking. It’s no secret that airport parking can be very costly, and as a business, you are expected to foot the bill for your employees’ parking arrangements.
The answer is to either help your employee find cheaper business parking or book yourself. You can search for better parking rates across hundreds of airports nationwide on apps like Parkon, for example checking Sea Tac airport parking rates if you’re flying out of Seattle, LAX parking rates for LA, etc. These services are great for getting you the best deal.
Fly Mid-Week
If your trip is likely to be only one or two days, it might pay to organize it mid-week instead of over a weekend. Flying mid-week on a Tuesday or Wednesday is usually much cheaper than flying out on a Friday.
If you are planning to fly out on a Friday, opt for either an early morning or late-night flight to get the best deal
Hotel or Airbnb?
Most businesses head straight for the list of hotels when they’re booking accommodation for their employees, but sometimes an Airbnb is actually cheaper than a hotel.
It’s worth shopping around for the best deals and having a frank conversation with your employee that will be traveling as to whether an Airbnb might actually be a better option rather than a hotel room for the night.
Be Clear on Expenses
Expenses are a tricky topic. Give too much leeway and an employee might take liberties, but be too scrooge-like an employee might feel undervalued.
In this case, it’s best to set upper limits on how much things like meals and travel should cost. This will be dependent on the location, but a budget allows the employee to know what sort of price range is appropriate.
Maybe $25 is plenty for dinner, and $8 plenty for breakfast. Look into the average costs in the location they will be and work it out from there.
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