IBT has taken out a $500,000 liability insurance policy to cover the company against lawsuits.
The cost of incorporating in California is extremely high (approximately $1,250), and this was not deemed to be a wise investment of funds until after the start-up stage.
International Business Tours business plan is a good example of an entrepreneur taking advantage of a business opportunity arising out of newly accessed markets.
Keeping abreast of the world trade arena is proving profitable for IBT.
Going on the assumption that the best way to sell your product is to give people a taste, IBT is prepared to develop and conduct mini-seminars to be used as sales pitches.
These will be one-hour programs advertised and held at the trade conferences described above.
Telephone and fax inquiries will be fulfilled with low-cost fulfillment brochures.
Inexpensive fulfillment brochures and packages will be written and designed by Zachary Natall.
Tour participants will receive the following: Per person prices for the tours range from 00 (for Mexico) to 00 (for Chile).
These prices are consistent with most leisure tours to these markets and are extremely competitive compared to typical U. based seminars on topics related to doing business abroad.