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]]>Ever wondered what it would be like to be your own boss? Or finally decided to give it a go and branch out on your own? When setting up on your own there are essential and desirable purchases. This blog shares what you need to get your recruitment agency up and running.
A good accountant
A great place to start is to meet up with an accountant, especially if this is your first time running your own business. Make sure you ask questions about registering for tax and how to claim for business expenses. Remember there is no such thing as a stupid question, it is important your business is set up on strong foundations.
A name
One of the most exciting but often hardest things to do is to name your business. People can spends days even weeks trying to come up with something only to find that domain is already taken or name is already registered. Check out the HRS blog highlighting three free tools to help you check the availability of potential company names across key areas including: Companies House, web domains and social media handles.
A place to work
Whether it’s a rented office or the spare room in your house, you need a clear separate workspace to your living space. If you are working from home set up to minimise distractions (move the TV, close the door etc.).
Communication technology
Obvious but essential purchases; a computer, phone and reliable, fast broadband. Ask around and do your research to make sure you get the best possible deal for your budget. Check out various speed testing tools and useful websites including USwitch and Broadband Checker.
Budget
Calculate the costs of overheads, monthly outgoings, staff, employee benefits, insurance, marketing and other expenses. Do the maths and determine if you have the funds to get up and running. Conservatively estimate when your first placements will be completed and when payment will be taken. Budget for the leaner times at the start of your journey.
An understanding of the market
Complete competitor research within in your target sector(s). If demand is high within your chosen sectors it maybe wise to drill down and specialise further. Before making a decision check industry reports, job market signalling reports and what authority figures are predicting. Make sure there is a demand for your services.
Recruitment Software (CRM, ATS, Database, Marketing)
Up to date, accurate information is key to successful recruitment. In the age of social media and digital it can be difficult to keep track of every thing that is going on. As recruitment continues to evolve you will become increasingly reliant on multiple applications (database, social networks, email applications, back office etc.).
The more time you switch between packages the more time you waste, the more deals you miss out on.
Having one single, integrated system can save time and increase efficiency meaning you can focus on connecting candidates and companies. Many start-ups’ first point of call is a spreadsheet. Collaboration, privacy, data back-up, recovery, analytics, reporting and the lack of integrations are a few of the reasons a spreadsheet can actually slow down the recruitment process. For a detailed look at the subject check out: why Excel doesn’t cut it as a recruitment CRM.
If you want to take a look at professional recruitment software with features including recruitment marketing, advanced Boolean searching, intelligent CV parsing and big data reporting check out the latest HRS video or head over to our dedicated recruitment software pages.
The low boundaries to entry make setting up your recruitment agency a very tempting prospect. If you are setting up on your own get the essentials in first. Do you have any more to add? We’d love to hear from you, leave a comment or use the social media links below.
The post What you need to set up your own recruitment agency appeared first on Recruitment Software for Recruitment Professionals | HRS.
]]>The post Free tools to help to you name your recruitment start-up appeared first on Recruitment Software for Recruitment Professionals | HRS.
]]>Going it alone or setting up a new business with some trusted partners? One of the biggest decisions you will make early on in the recruitment start-up journey is your company’s name. In this blog we share with you three free tools to help you pick the right one.
WebCHeck – http://wck2.companieshouse.gov.uk
Once you have your shortlist of potential company names the first point of call should be the Government run WebCHeck service. The WebCHeck ‘Company Name Availability Search’ enables users to search the Companies House database of over 2 million companies. Results will reveal if your desired company name has been, or is currently in use.
Instant Domain Search – https://instantdomainsearch.com
If the company name is available one of the next steps is to make sure an appropriate website domain is free. The ‘Instant Domain Search’ service allows you to search the availability of website domains. If your preferred domain is taken you can run a ‘WHOIS’ look up to find out who owns the URL. You can also engage a sales agent to speak to the current owner in regard to potentially purchasing.
Name Chk – http://namechk.com
Social networks play a huge part in modern day recruitment and marketing. When used properly social networks can help recruitment professionals find, engage and connect top candidates with top companies.
A key ingredient in creating a successful social brand is consistency. Company and staff social profiles should utilise a consistent naming structure. For example HRS company social profiles use the same format as the company website www.getHRS.com:
If we are on a social network you can find and connect with us by searching getHRS.
‘Name Chk’ enables you to check if your preferred username is available across leading and niche social networks. If social is going to play a big part in your business the ‘Name Chk’ tool can help you find out what display names are available.
If you are looking for professional recruitment software with flexible contracts designed to help your business grow take a look at our dedicated software pages, download a brochure or view HRS software in action through an online demo. For more free resources, useful information and recruitment news check out the HRS blog.
The post Free tools to help to you name your recruitment start-up appeared first on Recruitment Software for Recruitment Professionals | HRS.
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