One of the biggest benefits I see in being an entrepreneur is the freedom to travel when and how often I want to. There are soooo many more benefits to it also.
I was listening to a tax expert recently and she was talking all about the tax breaks entrepreneurs get. There were many that she mentioned that I already take advantage of, but she also mentioned how she never goes on vacation. She travels a lot, but they are always business trips.
*I am not an attorney nor a tax accountant. Please consult your CPA for any tax advice.
This was not a new concept for me. I had heard it before, but never really thought about how to legally do that. I know when you specifically go to a conference, meet with clients, or vendor shows. Those are obvious business expenses, but to incorporate business with the family vacation I had a hard time wrapping my brain around.
Then I think about what I wrote in yesterday's blog and I see how I incorporate my ‘business' into my everyday life. The pictures I take, the experiences we have, and meetings you set up with potential or current business partners.
There are so many ways to write so many things off when you have a business it just makes me want to travel even more.
I've always had a love for traveling, but after this year of travel being shut down or just made miserable because of all the venues being closed. My desire to travel has grown in leaps and bounds.
My traveling fun!!!
So far this year I have been to Arizona, Las Vegas twice, and once continued onto Death Valley National Park, Georgia and I will be going to Pennsylvania a few times, and then in June, I'm going to Jamaica!!!
As an entrepreneur who loves to travel, I also don't have an unending travel budget. So how can one travel so much with a limited budget??
When I was introduced to The Young Entrepreneur Project I was fascinated by many aspects of it. The one that I want to point out here is all the travel benefits. I've often searched for great prices using Google, Travelocity, Priceline, Etc. I sometimes got great deals on the bidding side of Priceline.
Within The Young Entrepreneur Project, we have our own discount travel portal available to our members. Unlike the usual sites, we are bound by their prices. I have been able to save money on hotels and car rentals while also earning points to use in the future. Not only do I save money, but I can share it with a few family members and they get to save money too.
Another benefit within The Young Entrepreneur Project is the travel vouchers we have access to. These travel vouchers are incredible. With them, we can take vacations to luxury resorts all over the world while just paying the taxes/resort fees. These are $3000- $5000 resorts that would only cost us $300-$400.
I love the fact that I can use these certificates, but what is even greater is that I can give them away. This not only is a wonderful thing to do, but I can also use it to build my business. We have many entrepreneurs using these to attract new clients and retain the ones they have.
I could go on and on about the benefits of The Young Entrepreneur Project, but this is definitely one of my favorites. I love to travel and in any way to make it more affordable, I am all in!!
7 replies to "Is it a Vacation or a Business Trip??"
I love to travel too, Heidi, and felt very restricted this past year. Some time ago, I listened to a presentation and learned that every trip could be turned into a business trip, and I've been doing that since then. Thanks for the information about the Young Entrepreneur's Project. It seems like an awesome arrangement.
Hey Florence!! I know I felt very restricted this past year. Mostly locally though. I have been traveling for 2 months now and it feels awesome. The Young Entrepreneur project is an amazing thing to be a part of. Thanks for commenting.
Hello Heidi
I’m pleased to hear you have learned to use the business benefits.
When I traveled for work it was usually to remote places, it was stressful, and I was always looking forward to getting back home to be with the wife and kids.
Working as an employee I didn’t have those perks.
After retiring it was on my own time and we arranged two or three trips a year.
Traveling with a business has sooo many perks!! I love it!! Thanks for commenting.
If you travel to Philly, let me know. I'll tell you where to go for the best cheesesteak!
Philadelphia goes great in my no bake cheese 🍰 cake.
Awesome Philly cheesesteaks are definitely worth breaking a diet for!!