• BUSINESS TRAVEL AND IDENTIFYING THE REAL COSTS

    Aug 19, 2017

    Over the years I have seen many travel policies, all varied and with one overall goal: to reduce travel costs for the business. To a senior management team, that would obviously be the expectation. But my questions is, what does a $50 saving on a flight really cost your business? An extra two hours waiting at an airport lounge means two hours away from family or friends. That is an indirect cost. Business travel should not be a line item on the budget that needs to be monitored. The core reason for flying your staff to these meetings, pitches or training is on the… Read more »