How to start a HR consultancy Firm?


. If you are looking for a perfect business that you can connect in, you can invest in a job recruitment agency. Here are some things to remember when starting an employment agency: • Determine the common services that your company will provide, based on your experience and expertise. For instance, some businesses might ask the company to run background checks on probable new hires or interview candidates. You can operate as a full time global HR company and target small to mid-size companies that either don't have an HR department or want to outsource the work.

• Decide a name for your company: Deciding a name for the company is very important because this is the brand for which you will be working for the rest of the life. One should be able to relate oneself to the name of the company. At the same time also find a location that works well for you. You can rent office space, if you want to screen applicants for your clients. Review applicable local, state and federal regulations and obtain a local business license and any certifications necessary.

• Buy a domain name: One has to buy a domain name for the company. It's compulsory because nobody would trust a company who doesn't have a good website and domain name is very crucial for having a website.

• Get your website designed and hosted: Get yourself a professional website designed for your company. • Also plan a growth strategy for the business. Organize your business systems in such a way so that you can manage effectively, with all the assignments and responsibilities. Also create a checklist that identifies daily, weekly and monthly HR tasks (payroll, site visits, and leadership training classes) associated with each and every client. • Advertise the services that your company offers on a regular basis and highlight the reasons why companies should hire you. For instance, you might describe the attention of clients to details and cost-savings that company can offer, compared to other companies.
• Choose the type of company you want to open: Deciding which type of company you want to open is very important. There are 4 types of company which you can form in India.
1. Sole Proprietorship: A sole proprietorship is a type of business entity which is owned and run by one individual and where there is no legal distinction between the owner and the business. All profits and all losses accrue to the owner.

2. Partnership: A partnership is a type of business entity in which partners (owners) share with each other the profits or losses of the business.

3. Private Limited: A private company is a type of company incorporated under the India. It has shareholders with limited liability and its shares may not be offered to the general public, unlike those of public limited companies

4. Public Limited: A public limited company is a type of limited company in the India which is permitted to offer its shares to the public.

• Buy naukri or monster login: The Company has to buy naukri or monster login to provide candidates to its clients. This is the costly part of consultancy business but one has to buy this to get started.

• Plan how to get clients avail of your human resource services One of the challenges of job placement agencies is to find clients who will benefit the different human resource services that they offer. It is therefore best that one should know how one is going to have employers and companies know about one's placement agency services. One way, for instance, is to send letters to companies and tell them know about the services that the company offers.
For Consultancy Business You can join our HR Consultancy Training Program.

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