Wonder

Research Outline

Prepared for erik M. | Delivered September 27, 2019

Small Recruiting Agency - Best Practices

Goals

To obtain the best practices for starting a small (1-3 person) recruiting agency, as well as a breakdown of the steps/procedure required (including the licenses or approvals needed) and how to get first-time deals with hiring employers.

Early Findings

According to Profitable Venture Magazine, about $70,000 or less is needed to start a small scale recruiting/staffing agency in the US.
Typically, some steps involved in starting this business include obtaining an overview
 of the industry through market research and feasibility, 
Also, licenses and permits are needed to achieve this aim. 
An accountant, money, insurance, and finding a workspace are other processes involved in setting up such a business.
 Liability insurance, permits, and licenses are required to open these staffing firms. 
Generally, recruitment agencies find clients by leveraging job postings, social media, e-mail marketing, and cold-call. 

Suggested Industry

Your research manager recommends working with a

Generalist

Prepared By

Benjamin H.

720 assignments | 5.0