Step 1
Conduct market
research to determine if recruitment agencies in your area fulfill all
needs. Identify an unfilled niche, such as customer support
representatives. Use your experience and connections to identify a
target market.
Step 3
Project
in the financial statement of your business plan how much you intend to
charge. For example, charge a 50 percent markup to clients. Therefore,
if an employee gets paid $20 per hour, charge the client $30 per hour.
Step 4
Rent
or buy office space so that you can conduct interviews and other
administrative efforts, such as background checks for your clients.
Initially, renting space until your business grows makes sense.
Step 5
Create a website to advertise your services and arrange for payment, such as
by credit cards or PayPal. Describe your services including writing job
descriptions, soliciting applications, conducting reference checks,
evaluating skills, interviewing and screening potential employees.
Describe the incentives you plan to offer recruits, such as dental,
medical and disability insurance as well as a 401(K) plan for retirement
savings.
Step 6
Recruit by publishing job descriptions in local newspapers, magazines and industry trade association publications.
Step 7
Establish
a sample contract and pricing model. Download a free template from a
website, such as Microsoft Office Templates. Document communication
between your business and a client’s Human Resources department, such as
personnel offers, acceptances and terminations.
Step 8
Hire personnel to help. Use a virtual assistant if no trained personnel are
available in your area to handle business processes such as payroll
processing, answering phone calls and data entry processing.
Step 9
Develop
policies and procedures to support your recruitment business
operations. Evaluate and purchase recruitment software tools to help you
manage and retrieve profiles so that you can match them with job
descriptions or work defined by your clients. Use the tools provided by
the Society for Human Resource Management to conduct interviews or
create your own interview tips, techniques and checklists.
To start a recruitment business, in theory you don’t need much more than a computer, internet connection, and a phone. But while your online presence is important, don’t forget that to make your business work you need to maintain a human element. Employers and job seekers are people and they will interact best face to face. Their true needs cannot always be captured by technology so ensure you take the time to meet clients and actively network. Getting out there is a very important part of the job.
ReplyDeleteThank you Sir, for your valuable information !
Delete