Ever wondered what the average cost of business travel in the UK is? If so, hopefully I can give you some idea of this expense. I think it is fair to state at the outset, that this differs a lot between Corporate travel and that for smaller businesses.<\/p>\n
It is also worth pointing out that business travel drops a lot in times of recession and austerity. The reasons for that are pretty obvious. When businesses start to make cuts, then business travel is one of the first areas they will, or should look at.<\/p>\n
There are a number of elements that can quickly add up to travel costs. I have listed these below and you will be able to quickly see how these can mount up. They include:<\/p>\n
Although the list is not exhaustive, it easily demonstrates how quickly even a basic trip can mount up.<\/p>\n
For most businesses this cost works out at around \u00a3750 per employee per year.<\/span><\/span> Now clearly this will depend on the type of business. A factory for example should have lower costs per employee that say a sale’s team who travel regularly. However, for those employees that have a need to travel, the average costs are high.<\/p>\n The thing to note for most businesses is that these do effect the bottom line and the net profit of any company. That does not mean that they are not required. Any business travel expense should however be carefully scrutinised before a final decision is made. This is especially true for the higher costs such as hotels or air travel.<\/p>\nBusiness Travel Pros & Cons<\/h2>\n