BIZ TRAVEL: Can It Be Justified In A Recession?

Posted on May 21, 2009 by LCT Magazine

A STRETCH LIMO CAN BE JUSTIFIED IN  A RECESSION, TOO: A travel and expense management firm is putting out a survey with results due out June 11. ONLINE SURVEY HERE. The bottom line REQUIREMENT on scoping out prospects, closing deals, and checking out job candidates is FACE TIME. Teleconferencing can only so far; meeting over dinner or lunch reveals much more. Vetting processes should always involve human contact. If you don't make eye contact and shake the hand, then don't complain if the deal is a dud or the new manager is dysfunctional. One of the more absurd recession behaviors is the notion that business travel must be cancelled because more people than usual are hurting economically. Life goes on, business gets done, opportunities beckon. . . chauffeured and chartered vehicles must roll regardless of the unemployment rate or pressure to cut spending. A failure to travel and meet could end up costing companies more. -- M.R. 

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