October 14, 2009

Things to Know When Putting Up an Employment Agency

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:

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.

Try to find out how things are with your business competitors. Make sure that your business will be competitive enough. Check on their rates as well to give yourself some ideas on how you should charge.

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”.

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.

Apply for a dedicated phone line. As much as possible, this phone should only be used for business purposes. Keep it open for your clients and applicants. You can also choose to divert the calls to your residential phone after working hours. Hiring an answering service is also a good idea or you can simply install a voice mail or an answering machine to resolve this.

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.

It will be quite important to keep the business alive by continuously receiving job orders. When there are more clients, the merrier. It means you will have more jobs to give to your applicants and better income is in store for your business as well.

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Filed under Work From Home by Alice Sy

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