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:

Calculate how much your capital should be. Every investment involves money. You will need to buy some pieces of equipment and office materials. There might also be a need to hire your office staff. Therefore, make sure that everything will fit into your budget.

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.

Find out what legal documents you need to process. One of the obligations that will be required by the law from you is to obtain all the necessary permits and licenses. You’ll have to know where to get these documents, how and what you should present for the processing.

The business site is an important factor. It should be accessible to your applicants. If your home is located in a good area, you can opt to place your office there. It will be more convenient for you and it will make you save a huge amount of money because you won’t have to pay for transportation and monthly rental fees.

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.

Plan out the marketing strategy that you are going to use. To market your services effectively, you can start hiring marketers or create ads which you can post on various classified ads. That way, you can publicize your business through HK. Your office staff can also serve as your part-time marketers by asking them for referrals which will make them earn cash rewards.

Job orders should be continuous; lest, you won’t have anything to offer to your applicants. The more job orders there are means more business, and more business means more income and more help you can give to those people who need jobs.

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