Affordable Treasures

Keep Summer Gas Prices From Exhausting Your Budget

04/28/08 - 10:48 AM EDT

Steve Cooper

As if inflated ticket prices weren't enough, Cordle says air travelers should keep an eye out for airlines attempting to generate revenue through other means like increased fees for extra baggage or weight.

Cordle says the airline industry is still struggling and could see more bankruptcies and consolidation. This means more hassles for business travelers facing delays or even canceled flights.

Montgomery suggests signing up for alerts offered by airlines that deliver flight status information via email, voicemail or text message. "But don't trust it," warns Montgomery. "You want to call before you leave for the airport to make sure that your flight is actually going."

Another idea from Montgomery in preparation of delays is to program various numbers into your cell phone before you get to the airport. She recommends the number of your airline, hotel, car rental company and travel agent so you're able to change your itinerary on the fly.

Get Creative

There are, of course, less complicated solutions than planning to change your plan. Here are a few other tips businesses can employ to help alleviate high summer gas prices:

  • Carpool

  • Web conference

  • Ride a bike

  • Telecommute

  • Reschedule air travel for off times

  • Offer work-from-home days

  • Increase work hours Monday through Thursday and offer Fridays off

One of the toughest elements of running a business is overcoming the uncontrollable. Smart business owners, however, can overcome high summer gas prices and coast on cruise control by preparing now.




1 2 3
» Next
Steve Cooper spent over six years at Entrepreneur magazine and Entrepreneur.com. He was most recently the managing editor of Entrepreneur.com and was previously the research editor for Entrepreneur magazine. He has a degree in journalism from San Francisco State University and runs his own business, Hitched Media, Inc.

Life & Money

Affordable Treasures

Go To Section Home


04/22/08
Business-Class Travel: How the Superfly Fly

If you want to fly in a premium cabin, check out this update on which airline offers what.


04/15/08
Five Steps for Buying Airline Tickets

How to not get burned by all the turmoil in the airline industry.


04/11/08
No-Noise Headphones Make Business Trips More Tolerable

Headphones that are too snug, and irritating earbuds can make a long flight seem even longer.


04/11/08
Canceled Flight Ruin Your Meeting? Here's Plan B

Flying and driving no longer have to be the default choices for biz travelers.


04/10/08
Budget Airlines' Secret: First-Class Customer Service

Giving customers what they want is one way to make up for small size.


04/09/08
Air Travel Hits New Lows for Passengers

Safety is being sacrificed as airlines cut costs.


05/19/08
Cramer on Top Searched Stocks: Yahoo!

Yahoo! is among the most searched stocks on TheStreet.com. Here's what Cramer had to say about the stock recently.


05/17/08
Jim Cramer's Best Blogs

Catch up on his thinking on the hottest topics of the past week.


04/26/08
Coming Week: Make or Break

Investors will have to deal with a Fed meeting and another flood of earnings and economic data.


05/19/08
Top Rocket Stocks: Ensco

Ensco International and Echelon have the potential to move higher in coming days.


04/28/08
Monday's Analysts' Upgrades, Downgrades

See who made what calls.


05/19/08
Telecom Giants See a Savior in Video

The addition of video is helping telecom companies compete against cable and satellite companies.


05/19/08
Contract Expiration Tempers Oil's Rise

The June West Texas Intermediate contract reflects selling pressure ahead of Tuesday's expiration. But stocks in the sector are generally trading higher.


05/19/08
Analysts' Upgrades, Downgrades: Amazon

See who made what calls.


Your Recent Quotes: Quote Up0 | Quote Down0
Dow S&P 500 NASDAQ
Oil*
Gold
10 Yr
0.00%
%
%
%
Data delayed 20 min
Sign up for our FREE newsletters now.

Keep on top of the market and the critical information you need to make more profitable investing decisions.

  • Cramer's Daily Booyah!
  • Before the Bell

Privacy Policy

See All Free Newsletters

Premium Stock Ideas
Access Action Alerts Plus to find out Cramer’s latest picks now!