17.5 C
Manchester
Friday, May 2, 2025
Thought LeadersFive tips for more cost-effective business travel

Five tips for more cost-effective business travel

Despite 44% of people who currently work from home wanting to carry on working from home, travelling for business is still essential for many businesses. Whether you’re travelling for a networking event or you have a meeting with a client, business travel can be expensive and if you’re an SME, these costs can add up.

It’s estimated that the average spend per domestic business trip is £237 and as inflation continues to rise, this figure is set to only increase. We’re here to share our top tips for more cost-effective business travel.

Book in advance

If you know the date you need to travel, then the earlier you start planning the cheaper your overall cost. If you need to travel by rail, then booking an Advance ticket for a specific service can mean you could make a saving of up to 90%. But you’ve got to be quick. There are a limited number of heavily discounted tickets available.

Similarly, if you’re having to fly for a business meeting booking your flight in advance could save you some serious money. Using travel compare sites can help you find the best deals, but remember to check regularly.

Be flexible with dates

If you don’t have a specific date for your business travel, being flexible can really pay off. Looking at travel and accommodation on a number of different dates will often mean you’re able to find the best deal.

If you’re travelling by public transport, you might find that booking two single tickets by different providers can sometimes be cheaper than booking a return with one. Take your time to shop around for the deals and choose the dates that end up being the cheapest.

Consider the type of accommodation

If your business trip is taking place in the capital there are no shortage of places to stay – suiting budgets of all sizes. If you’re staying for one night, then staying in a hotel and going for dinner might be the best for you. However, if you’re business trip is taking place over a few nights or longer, then serviced apartments in London are often more cost effectivethan hotels.

Silverdoor Serviced Apartment Savings Middle 266x300 1 Instead of spending hundreds on eating out, a serviced apartment allows you to enjoy your favourite dishes in the comport of your own suite, whilst still enjoying all the perks of a hotel stay.

Use courtesy transport

You might find that if you choose accommodation often used by professionals there’s courtesy transportation available. Whether it’s to and from the airport or train station, or even to and from your meetings, it’s worth enquiring to see what’s available. If you’re meeting with a client, you can ask them if there’s courtesy transport too.

All of these complimentary services should be used, as their often built into what you’re already paying for.

Sign up to reward schemes

If you travel regularly for business, consider signing up to reward schemes. From collecting points for travel, cashback for staying in certain hotels, and even free drinks at petrol stations. These small savings soon add up.

Carpool

Maximise cost-effectiveness in business travel by utilising companies such as, minibus hire in St Helens, where the practice of car sharing not only streamlines transportation but also significantly reduces expenses for corporate journeys.

In conclusion

while the desire for remote work persists, business travel remains an indispensable component for numerous enterprises. The costs associated with these journeys can accumulate, impacting SMEs disproportionately. Our guide highlights strategies to make business travel more cost-effective, including booking in advance for substantial savings, maintaining flexibility with travel dates, and opting for budget-friendly accommodation like serviced apartments. Indeed, a reliable suitcase proves indispensable for any business trip, Max cases ensure that professionals can efficiently organize and transport their essentials while maintaining a polished and organized appearance throughout their journey.

Latest

Heroin and cocaine dealers sentenced in Oldham

Five men have been jailed for their role in a drug line operating in Chadderton which was worth hundreds of thousands of pounds. Manchester Crown...

Apprentify Group CEO named regional finalist in EY Entrepreneur of the Year 2025 Awards

Jonathan Fitchew, a business leader in the North West, has been named a regional finalist in the EY Entrepreneur of the Year™ 2025 UK awards. This...

Van driver drove up to 100mph on wrong side of M60

A driver who reached speeds of up to 100mph and drive the wrong way down the motorway, has been arrested. At 7.45pm on Tuesday, police...

Manchester’s construction leaders rally behind oversubscribed apprenticeship

Amid increasing pressure on the construction industry to address the skills shortage, there is an urgent need for employer partners to meet apprenticeship placements. Launched...
Subscribe to our newsletter
Business Manchester will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Don't miss

Manchester’s construction leaders rally behind oversubscribed apprenticeship

Amid increasing pressure on the construction industry to address the skills shortage, there is an urgent need for employer partners to meet apprenticeship placements. Launched...

The demise of the traditional landline and the nostalgia it leaves behind

Once a staple of every British household, the humble landline phone is fast becoming an antique relic according to new research by Censuswide for...

Family pay tribute to ‘happy go lucky’ man who died in fatal collision

A family have paid tribute to a much-loved son, brother and uncle and his dog, who died following a serious road traffic collision. Andrew Old...

Green light for £32 million Golborne station as local firm appointed to design it

Plans to deliver a new £32 million train station in Golborne have reached a milestone moment. Wigan Council has given the green light to the...

More News

Joe Martin-Bindley’s guide to becoming a successful letting agent in the UK

Becoming a successful letting agent in the UK can be a rewarding career, offering both financial stability and the satisfaction of helping people find...

Why new fast trains between London, Manchester and Rochdale can slash fares

Planned new high-speed trains between London Euston, Manchester and Rochdale will compete with existing rail services, deliver lower fares and serve new routes. That's according...

Jack Mason on How Microsoft Is Navigating AI Innovation and Regulation

Jack Mason says that Microsoft’s recent decision to leave the OpenAI board amidst increasing regulatory scrutiny marks a significant juncture in the tech industry....