How to plan Job consultancy Business in India | Manpower Agency
Planning to start your own job consultancy business in India? If your answer is yes, this article will help you a lot. Also, your search will end here if you’re looking to start a Manpower consultancy business, recruitment agency business, and related stuff.
Here you will get the complete guidelines and steps to know everything about starting a recruitment agency In India.
Why recruitment agency?
Today, there are huge gap between corporates and candidates, corporates need skilled people with less time and due to this, screening for everyone is almost impossible in the industry.
So your role start here to fill the gap between corporate and candidates.
According to LinkedIn data, the demand for recruiting professionals has jumped by 60% since 2019 and we expect that trend to continue.
This trends help you to understand the health and scope of this business in upcoming time.
How to start job consultancy Business in India
Now let’s go through the step by step guide on how we started a job consultancy,
Business ideas
Every business is based on to provide the solution of specific filed, this choice can be varies on your interest and experience.
With the manpower agency you can touch everything’s like professional recruitments, labour recruitments, office boy recruitment and so on, nut initially we suggest to find the right audience and corporate which you can handle easily at initial stage.
Market Research
After getting a good ideas, you should go for market research. To understand the complete process, you can visit to any recruitment firm as job seeker and as a job recruiter.
This help you to know how they work and what all things will be required to start a job consultancy Business in India.
Business Name and Business Registration
You can choose any good name for your business. Go for easy and quick rememberable name for you and your clients.
Domain name
Book a domain name with the business name. Try to book only the .com domain if you are planning to expend business globally. In case if you want to limit yourself to a specific country like India, you may proceed with .in and .co.in the domain.
Build a good quality website which help you to get connected with job seeker quickly.
Business registration
Business registration can be process as
1- LLP Company
2- OPC Company
3- Private Limited company
4- Partnership firm
GST registration
GST is always required if you are selling your services with interstate. Click here to register GST
Bank Account
After your company registration, you can go for bank account because, none of corporate send you money into your personal account. So this can be a mandatory requirement for starting a manpower agency in India.
Business / Client
Post the above, your business is ready to fly. But as every business required, you also need to find the quality client.
Most easy way to find a good client is via cold call and LinkedIn portal. You can find the companies in your city from Google and call them for asking your services, also you can chat with LinkedIn portal.
At initial stage of your business, this will get you a sufficient business.
Job Portals Subscriptions
After getting the client for your business, you need to send good and skilled people. For this you can either go for facebook ads or you can buy the subscription from naukri.com. shine.com, monster.com and so on. Check this for 1 month, 2 month than go for annual subscription model.
Team and office
Initially you can start from work from home, but if you want to proceed with team, you can choose co-working space
Your team can be single person or two people at initially stage. Gradually as client increased, you can add more people to your business.
Conclusion
Finally, Professionally as well as personally, it’s been a rewarding experience for us to run our recruitment firm.
Disclaimer: The information provided in this post is for general informational purposes only and does not constitute professional advice. Please consult a qualified professional before making any decisions based on this content.
