The subject of this paper is a business model analysis of a travel agency specialized in business travel, and it covers the analysis of the individual elements of the business model of travel agency Quo Vadis. Prior to analyzing the elements of the business model, an analysis of the impact of Porter's five forces on the travel agency Quo Vadis was conducted. The individual elements of the business model were then analyzed using the Business Model Canvas analytical tool. An analysis of the impact of Porter's five forces has identified the current position of Quo Vadis on the market and the potential danger of competition. With the help of the Business Model Canvas, the strengths and weaknesses of each element of the business model of the travel agency Quo Vadis were identified and the possibilities for improving the business. In addition to improving the work of the travel agency Quo Vadis, the results of this work can also serve to improve the business of other travel agencies specialized in business travel. Despite their advantages and disadvantages the combination of Porter's model and the Business Model Canvas used in this paper was an appropriate analytical framework for conducting an initial research based on an in-depth interview as a method of collecting primary data.