seasonal

Budgeting for Seasonal Business

Making sure your company doesn’t run out of cash in steady, year-round businesses can be hard enough. Ensuring there is enough cash on hand in a seasonal business can feel like financial gymnastics to some entrepreneurs. Keep reading for some great tips that can help your seasonal company make it through the cycle. Season of Abundance As I write this, …

Polymath Launches Study into Booking and Reservation Applications

Polymath was just featured on Adventure Travel News! Polymath LLC, a United States based accounting firm specializing in business strategy services for adventure tour companies, has launched a comparison study on tour booking and reservation software applications. The tour industry is being disrupted by emerging technology, and there are currently over 150 booking apps for tour businesses to choose from. …

tour

Why We LOVE Tour Companies

We have had a lot of our fellow accounting professionals ask us: Why did we choose a specialty in cultural & adventure tour companies? Safari and tour entrepreneurs are intrepid, adventurous, passionate, service oriented, and caring people… and they are people who want more reliable income and success in their businesses. We want to help the wonderful people who help …

Tour Profitability and Pricing Strategy

Profitability is essential in every business. Tour companies live and die by their gross profit margin, and often they don’t even realize it. Can you look at your company’s books and tell at a glance which of your tours are the most profitable and which are sinking your ship? If not, keep reading to find out how. Planning for Profitability …

Six Must-Have Business Strategies for Tour Companies

Tour companies and the intrepid adventurers behind them help us see the world, experience other cultures, and broaden our horizons. It is often easy to forget that the people leading us on some of the most amazing experiences of our lives are small business owners. Like all business owners, tour operators started their businesses to make a living doing what …