Archive for September 27th, 2009

Business Travel!

Here’s something most of us would never think of. You ready, business travel makes money for the company they work for. Now that makes no sense to me, but a report by a global research firm Oxford Economics say’s it true. They reported that every dollar spent on business travel will result an average $12.50 in revenue, as well as $3.80 in new profits. So if this is true why isn’t companies across the world sending employees on more business trips. Or better yet send them on employee outings to places like Sandestin golf and beach resort. The fact is companies are cutting traveling and resorting to other ways to do meetings across the world. So who’s right, this research firm or the companies cutting back? I have no idea, maybe their both right, or wrong. If the research firm is right they need to show the hard numbers, not just a report on a piece of paper.