How to Start 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.

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.

In putting up a domestic helper agency, you will be required to secure permits and other necessary documentations. You cannot operate legally without these, so be sure to gather all the information that you will need in line with this issue such as the "where tos" and the "hows".

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 dedicated phone line installed for your business use. Make a decision too if you want the calls to be diverted to another phone, particularly your personal or home phone after office hours or if you will get an answering service. One good solution for this is installing an answering machine or a voice mail.

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.

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.

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