How to Start up an Employment Agency
If you are on the lookout for a new business to establish in Hong Kong, why not consider putting up an employment agency, particularly a domestic helper agency. The potential of a business like this is big especially now that the demand for housemaids in HK is high. Should you feel interested in getting into this type of business, here are some of the things to consider:
Calculate how much your capital should be. Every investment involves money. You will need to buy some pieces of equipment and office materials. There might also be a need to hire your office staff. Therefore, make sure that everything will fit into your budget.
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.
Decide where your office site will be. Would you rent a space or is it your preference to situate it in your home. Some business owners chose their homes to become their business base. This is to save both time and money on their part. Whatever your choice will be, you have to make sure that your place can easily be accessed by your applicants.
Have a phone installed in your office. As much as possible, it should only be dedicated for the business, so avoid using it for personal use. Some clients and applicants may want to call. For this reason, that phone line should be kept open for them, as much as possible. Installing an answering machine, voice mail system or diverting calls to your personal phone promises a more efficient service.
Plan out the marketing strategy that you are going to use. To market your services effectively, you can start hiring marketers or create ads which you can post on various classified ads. That way, you can publicize your business through HK. Your office staff can also serve as your part-time marketers by asking them for referrals which will make them earn cash rewards.
No matter what, it’s quite important for your business to keep on finding jobs to give to your applicants. There may be many applicants but what’s the use if they will have no employer to go to?
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