Monday, December 29, 2008

Things to Know When Putting Up an Employment Agency

By Alice Sy

Starting an employment agency can be a very good idea, especially now that employment in Hong Kong is becoming high. A domestic helper agency can just be the right thing to put up since the demand for housemaids are increasing. If you are interested in this type of business, here are some pointers 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.

Observe the movements of your business rivals. Try to do your best in coming up with a competitive business. Draw out information on how much they charge and based on that, set up your own rating system.

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.

The business site is an important factor. It should be accessible to your applicants. If your home is located in a good area, you can opt to place your office there. It will be more convenient for you and it will make you save a huge amount of money because you won't have to pay for transportation and monthly rental fees.

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.

It will be quite important to keep the business alive by continuously receiving job orders. When there are more clients, the merrier. It means you will have more jobs to give to your applicants and better income is in store for your business as well. - 15246

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