Thursday, June 25, 2009

How to Start an Employment Agency

By Alice Sy

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:

Take a look at your budget. No business can be established without a capital. There will be a need to buy some equipment and materials, and employ people who will make up your staff.

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.

Secure all the necessary permits. Apply for the required documents. Without them, your business will not be legitimate. Know which essential papers you need to process to be able to operate soon.

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.

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.

Now, here are two of the best parts --- marketing your services and getting job orders. You can obtain them fast enough if you have some good marketing strategies which are ready to be applied. You can create print ads or announce your business through various directories and classified ads online and offline. You can hire skilled marketers or establish a reward system which will entitle anyone who can bring in new clients to a commission.

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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