Monday, January 26, 2009

How to Start up an Employment Agency

By Alice Sy

An employment agency can be a prospective business. Since the demand for workers is high, with more businesses being established that prefer getting their workers from an agency, it can promise a good income. If you have any interest in putting up a business like this, here are some pieces of advice for you:

Consider your budget. To start up a business like this, you should have sufficient money. You can never start a business with the absence of capital. There will be some equipment to buy and some people to hire. You should be able to assess which should be bought and which should be rented. If you will need to hire some people to make up your staff, know what positions should be filled in. You need to avoid unnecessary staffing.

Check on the competitors' pricing for you to get some idea on how you should set your own rating system. Your price should be competitive enough to attract both clients and applicants.

Find out what legal documents you need to process. One of the obligations that will be required by the law from you is to obtain all the necessary permits and licenses. You'll have to know where to get these documents, how and what you should present for the processing.

Make a decision on where your location will be. Remember that your business location should be convenient not just for you but for the applicants as well who will be interested to process an application with you. If your home is in a good location, you can consider putting up your office there to save money and time.

Apply for a dedicated phone line. As much as possible, this phone should only be used for business purposes. Keep it open for your clients and applicants. You can also choose to divert the calls to your residential phone after working hours. Hiring an answering service is also a good idea or you can simply install a voice mail or an answering machine to resolve this.

Establish your marketing strategy. You can hire marketers or post announcements on different classified ads offline and online to get clients. You can also tell your employees that they will be given a reward for each referral that they make.

Job orders should be continuous; lest, you won't have anything to offer to your applicants. The more job orders there are means more business, and more business means more income and more help you can give to those people who need jobs. - 16890

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