The Pros and Cons of Business Travel
People travel for varied reasons, but in most cases, it is either for business or pleasure. There are many pros and cons of business travel, a few of which are listed below:
Pros of Business Travel
Travelling for business does not mean that you cannot use the opportunity to engage in some touring and enjoyment. There are many individuals who like traveling to newer and different places. If they had sufficient resources and time, then they would definitely end up traveling a lot more. For them, the experience and merriment of being in some different part of the world are enough.
All kinds of business meetings are carried out with the purpose of exchanging information and verifying market trends. It is easier for a businessperson to gauge many probable ventures when in the company of colleagues and contemporaries.
Keeping Up with the Latest Trends
Business travel has the underlying motive of getting first-hand information and knowledge about the market. It allows you to personally confirm and verify the data presented via media or other mediums. Also, if you are traveling to a tourist hotspot for business, then the added advantage is that it allows you the opportunity to tour the attractions and keep up with the current trends.
Achievement of goals
At the end of the day, all business travel entails a goal which needs to be achieved. The primary purpose of any business meeting is to finalize a deal or influence a client. Business travel facilitates the fulfillment of such business goals and thus contributes to the success of the company.
Cons of Business Travel
Business travel usually involves costs for hotel accommodation, roundtrip tickets, reservations, and meals, etc., thereby making it an expensive affair. Also, business travel typically continues for at least 2 days resulting in additional sundry expenses.
Delays in schedule
A business meeting involves different parties setting aside some time to meet at a specific place at a particular time. Business travel, however, comes with unforeseen delays, thereby leading to unnecessary rescheduling. This can result in loss of valuable time, which in turn can also lead to loss of money.
Loss of productivity
Business travel involves spending many hours driving to the airport or driving to meet the client, as well as flight travel. Such time is considered as non-productive as it can instead be spent on supervisory activities, consulting with colleagues, or in taking time off work.
When you take some time off from usual office work for even one or two days, then it invariably results in increased workload that keeps piling up. Thus, when you go for a business trip you are bound to return to lots of work upon return.
Full of tension
Business travel can be quite boring and stressful. It can lead to anxiety and other health problems. Hence most people choose to conduct a business meeting via teleconferencing which is more practical and convenient as opposed to long hours of stressful travel.