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Listen in! Pick up some expert advice to a reader's question that we selected from CyberSchmooz.

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How to Maximize Business Travel Savings While Running A Small Business

 

Half of all prospective customers become clientsafter attending in-person meetings during business trips, according to Certify.com. Business travel pays off, but it can get expensive. When you use money-saving strategies to trim the cost of small business travel, you’llboost profits at your companyby lowering overheads. To get more from business travel, for less cash, you should sign up for airline frequent flyer programs, experiment with hotel apps and utilize a credit card which provides rental auto insurance.  

Airlines in the USA offer plenty of perks

Many airlines in America offer programs that provide tons of perks forthose who frequently fly. You don’t have to be someone who drops a lot of money on flights to benefit from using these programs. They are helpful to average spenders, too. After you sign up for one of these programs, you should focus on finding a credit card that’s affiliated with your new frequent flyer program. You’ll probably have a range of these cards to choose from, so shop around and find a credit card that offers the most value to you as a small business owner who travels.

Hotel apps offer impressive bonuses

The price of business travel accommodations can take a big bite out of your budget, unless you spend time researching hotels and short-term rental accommodations before you book. The homework that you do before choosing a hotel or short-term rental will pay off. You surely already know what the big travel deal websites are and how to use them, but there are other ways to use a Web connection to save money on a place to stay. Hotel apps are one smart, cash-saving option, according to Time.com. Many hotel apps allow users to earn rewards points, choose hotel rooms in advance, from existing selections (this means that you can choose a cheaper room) and access lucrative bonuses, such as free extra nights or room discounts.

Some credit cards provide free rental car insurance

If you frequently need to rent cars while you’re on the road for business, you should make sure that you’re using a credit card that provides free rental car insurance. If you don’t have this feature, you’re spending more on renting a vehicle than you might. There are a handful of credit cards which provide primary coverage. Premium cards are more likely to offer this perk. Do some research before you use your credit card for rental insurance. Be aware that you will usually need to drive the car that you’ve rented to be eligible for coverage. Provided you drive your own rental, you’ll find that the right credit card money lowers the cost of travel transportation.

Cheaper business travel will boost your bottom line

Lowering overhead is the secret of boosting the bottom line of your small business. When you sign up for airline frequent flyer program, experiment with hotel apps and use a credit card that provides rental car insurance, you’ll be able to trim business travel costs. Use the money you save to grow your small business.

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