Hi there,
I have 2 years of recruitment experience, and I want to start my own consultancy. Can you please suggest how I can start in the IT field? How do I develop business relationships with companies and build a database of candidates?
From United Arab Emirates, Dubai
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2I have 2 years of recruitment experience, and I want to start my own consultancy. Can you please suggest how I can start in the IT field? How do I develop business relationships with companies and build a database of candidates?
From United Arab Emirates, Dubai
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Namaskar Preetiji, From the heading of your thread it appears that you are distributing jnan but per contra you are seeking it. regards
From India, Delhi
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From India, Delhi
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Dear Preeti,
To start with, you need to have access to job portals to develop your database of candidates. In consultancy, there is stiff competition, and you need to deliver CVs at very short notice. Initially, you can have access to just one job portal. It also helps in headhunting.
To develop business, you can directly approach companies. Being a new consultancy, you'll have to be flexible about the rates and fast about CV deliveries, with constant follow-up with clients (Maintaining relationships is key).
You need to understand the client's requirements perfectly so that you can deliver quality CVs that match the clients' needs.
Regards,
Shweta
From India, Ahmadabad
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To start with, you need to have access to job portals to develop your database of candidates. In consultancy, there is stiff competition, and you need to deliver CVs at very short notice. Initially, you can have access to just one job portal. It also helps in headhunting.
To develop business, you can directly approach companies. Being a new consultancy, you'll have to be flexible about the rates and fast about CV deliveries, with constant follow-up with clients (Maintaining relationships is key).
You need to understand the client's requirements perfectly so that you can deliver quality CVs that match the clients' needs.
Regards,
Shweta
From India, Ahmadabad
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Hello,
Can you please explain in detail what your replies mean?
Namaskar, Preetiji,
In the heading, the word "start" conveys advice or a command, and "own HR consultancy" means those who are to view your message, that is, you are giving knowledge to start their own HR consultancy. However, it does not matter. You have already received many replies as you expected.
Regards
From India, Delhi
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Can you please explain in detail what your replies mean?
Namaskar, Preetiji,
In the heading, the word "start" conveys advice or a command, and "own HR consultancy" means those who are to view your message, that is, you are giving knowledge to start their own HR consultancy. However, it does not matter. You have already received many replies as you expected.
Regards
From India, Delhi
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Dear Priti,
You have to focus on proper database management of CVs. Since you have over 2 years of experience, you can utilize the approach you showed at that time in order to expand the alumni directories.
Regards,
Piyush 😂
From India, Varanasi
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You have to focus on proper database management of CVs. Since you have over 2 years of experience, you can utilize the approach you showed at that time in order to expand the alumni directories.
Regards,
Piyush 😂
From India, Varanasi
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It's a good move, but trust me, it's a hell of a lot more difficult than you think. Heavy investment is required as you will face stiff competition. It's better if you can connect with some HR professionals and work as a freelancer from home. In that way, you will learn all the tips and tricks of the trade and also earn some money.
Everyone talks about databases, but they mainly rely on portals. Consider investing in a portal and start working.
From India, Bangalore
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Everyone talks about databases, but they mainly rely on portals. Consider investing in a portal and start working.
From India, Bangalore
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Hi Preeti,
I hope you are doing well. I see that everyone is giving you advice regarding the opening of a new HR consultancy. I believe that I can also offer some assistance. Working at Monster.com, I can help you acquire a database at a good price. If you are interested in obtaining a database, please contact me at the number below.
Thanks & Regards,
Meenu Bhat
09899741738
From India, New Delhi
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I hope you are doing well. I see that everyone is giving you advice regarding the opening of a new HR consultancy. I believe that I can also offer some assistance. Working at Monster.com, I can help you acquire a database at a good price. If you are interested in obtaining a database, please contact me at the number below.
Thanks & Regards,
Meenu Bhat
09899741738
From India, New Delhi
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Hi preeti, Even i aspire to open a placement consultancy on one fine day.If you get any more info on same plz do tell me.Also, i would like to know where are you employed currently. rgds, mayuri
From India, Pune
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From India, Pune
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I am also interested to have my own counsultancy firm one day. How i can proceed if i wanna go ahead with my job also. Advice from all of you is solicited. Rgd, Rohit
From India, Delhi
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From India, Delhi
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Hi Priti,
Apart from building up a database, also work on creating a fresh and concise website for your consultancy. You can try your hand at doing it initially on Google; the options for the same are available. It's very simple, and there is no cost involved. Then, you have to target which industry you want to cater to; something specific. If you try to cater to 10 different things, it might get confusing as it's just the beginning. It's also better to have a few good but genuine and trustworthy clients with whom you can have long-lasting relationships, as this business thrives on relationships. Consider reaching out to the ones you have worked with in the earlier years of your career. Get some business cards printed for yourself, and you can negotiate and invest in a job portal, maybe for the initial 3 or 6 months so that you can download and create your database. The rest will follow.
Anyways, All The Best.
From India, Mumbai
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Apart from building up a database, also work on creating a fresh and concise website for your consultancy. You can try your hand at doing it initially on Google; the options for the same are available. It's very simple, and there is no cost involved. Then, you have to target which industry you want to cater to; something specific. If you try to cater to 10 different things, it might get confusing as it's just the beginning. It's also better to have a few good but genuine and trustworthy clients with whom you can have long-lasting relationships, as this business thrives on relationships. Consider reaching out to the ones you have worked with in the earlier years of your career. Get some business cards printed for yourself, and you can negotiate and invest in a job portal, maybe for the initial 3 or 6 months so that you can download and create your database. The rest will follow.
Anyways, All The Best.
From India, Mumbai
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Hi All,
I'm very passionate about opening a placement and consultancy in Chennai. So I need help from all the great achievers to contribute their ideas and tips on how to go about getting clients, tie-ups, agreements, candidates, and what legalities need to be completed. How to form the placement consultancy, whom to hire, their salary, what all I should know, and where I can get more information. If someone has a related document format, please send it to my email riyazcomm@yahoo.com.
From India, Madras
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I'm very passionate about opening a placement and consultancy in Chennai. So I need help from all the great achievers to contribute their ideas and tips on how to go about getting clients, tie-ups, agreements, candidates, and what legalities need to be completed. How to form the placement consultancy, whom to hire, their salary, what all I should know, and where I can get more information. If someone has a related document format, please send it to my email riyazcomm@yahoo.com.
From India, Madras
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I read all the above posts, thanks for sharing so much, guys! Even I am one of them who wishes to start a recruitment consultancy firm. I would be grateful if anyone could share detailed info on this. I am primarily concerned about the legalities involved, such as, do I need to register? What are the other formalities involved? Can anyone provide some sort of formats on how the company profile should be prepared? And drafts of contracts with the companies, etc.
With regards,
Rajas.
Knowledge increases when Shared
From India, Mumbai
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With regards,
Rajas.
Knowledge increases when Shared
From India, Mumbai
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I am located in Mumbai and I want to start an HR consultancy. I have questions regarding:
1) How can I get a tie-up with the HR of a company? For example, what documents are required?
2) Can you name some of the HR franchises in Mumbai?
3) What are the legal documentations required for consultancy if I am working from home?
From India, Thana
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1) How can I get a tie-up with the HR of a company? For example, what documents are required?
2) Can you name some of the HR franchises in Mumbai?
3) What are the legal documentations required for consultancy if I am working from home?
From India, Thana
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Hi all,
I am new here. I am a Multimedia Professional looking to start my own venture. I want to know about IT & Non-IT recruitment and BPO services with HR solutions. Where can I find the details? Is this the right place to post my comment? If not, sorry, please relocate it to the related thread.
From India, Hyderabad
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I am new here. I am a Multimedia Professional looking to start my own venture. I want to know about IT & Non-IT recruitment and BPO services with HR solutions. Where can I find the details? Is this the right place to post my comment? If not, sorry, please relocate it to the related thread.
From India, Hyderabad
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Hi,
To brief you on this, we have a TimesJobs portal with 4 login licenses. Currently, we are only using two logins, and the other two are not in use. We have decided to lease these logins on a sharing basis where one can hire the login on a per-month basis.
The monthly cost would be Rs. 5000 for each login license, which includes nationwide database access and unlimited job posting facilities. Payment should be made in advance to use the service. Payment shall be payable only via DD.
* Terms and conditions apply.
Interested individuals can send an email to getcontractors@gmail.com.
We look forward to hearing from you regarding your interest.
Warm regards,
Shalini
From India, Bangalore
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To brief you on this, we have a TimesJobs portal with 4 login licenses. Currently, we are only using two logins, and the other two are not in use. We have decided to lease these logins on a sharing basis where one can hire the login on a per-month basis.
The monthly cost would be Rs. 5000 for each login license, which includes nationwide database access and unlimited job posting facilities. Payment should be made in advance to use the service. Payment shall be payable only via DD.
* Terms and conditions apply.
Interested individuals can send an email to getcontractors@gmail.com.
We look forward to hearing from you regarding your interest.
Warm regards,
Shalini
From India, Bangalore
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U need to prepare a business plan that includes your vision,mission,marketing strategies . Once this is done,it becomes a guide for you to progress further
From India, Mumbai
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From India, Mumbai
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First of all, congrats and best wishes...
Dear,
We have just started an HR Consultancy after facing a lot of struggles.
Please find my suggestions for the following issues:
1. The legal formalities to register the company.
First of all, you can consult with a chartered accountant and ask about all the requirements. Before that, you need to decide whether you want a Pvt Ltd Company, Partnership, or a sole proprietorship. If it's a private limited company in the initial stage, you must comply with all the statutory requirements.
2. How to create the company's profile.
Regarding the Company profile, you can include your Introduction, the scope of HR consultancy services, how your company can serve, your mission, vision, values (if any), information about your team, what sets you apart from other consultancies, your search and recruitment processes, your charges, contact address, etc.
3. Developing Client relationships.
It is crucial in this scenario because it's easy to acquire a client but challenging to retain them. Firstly, respond promptly to their requirements. Send valuable inputs like motivational slides, HR newsletters, and other information via email on a daily/weekly basis. Organize quarterly meetings with HR professionals (not necessary in the initial stages unless you are starting on a large scale). If you have a website, encourage them to register there, etc.
4. Database of candidates.
1. Ads
2. Website
3. Portals (e.g., Naukri, Monster) and other sites
4. Mass emailing
5. Telemarketing
6. References
7. Social Communities like Orkut, Facebook, etc.
8. College placement cells, etc.
Above all, it depends on how you work on it. Best of luck with your new startup.
And please answer the following questions:
1. What type of firm are you looking for? Like Sole Proprietorship, Partnership, or Ltd Company?
2. Resources you have.
3. IT, Non-IT, or Both?
Feel free to contact me for any issues. I will help you to the best of my knowledge.
Please email me at [email address].
Visit our site www.gallophr.com and provide your feedback. Thank you.
---
I have corrected the spelling, grammar, and formatting errors in your text. Let me know if there is anything else you would like me to assist with.
From India, Mumbai
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Dear,
We have just started an HR Consultancy after facing a lot of struggles.
Please find my suggestions for the following issues:
1. The legal formalities to register the company.
First of all, you can consult with a chartered accountant and ask about all the requirements. Before that, you need to decide whether you want a Pvt Ltd Company, Partnership, or a sole proprietorship. If it's a private limited company in the initial stage, you must comply with all the statutory requirements.
2. How to create the company's profile.
Regarding the Company profile, you can include your Introduction, the scope of HR consultancy services, how your company can serve, your mission, vision, values (if any), information about your team, what sets you apart from other consultancies, your search and recruitment processes, your charges, contact address, etc.
3. Developing Client relationships.
It is crucial in this scenario because it's easy to acquire a client but challenging to retain them. Firstly, respond promptly to their requirements. Send valuable inputs like motivational slides, HR newsletters, and other information via email on a daily/weekly basis. Organize quarterly meetings with HR professionals (not necessary in the initial stages unless you are starting on a large scale). If you have a website, encourage them to register there, etc.
4. Database of candidates.
1. Ads
2. Website
3. Portals (e.g., Naukri, Monster) and other sites
4. Mass emailing
5. Telemarketing
6. References
7. Social Communities like Orkut, Facebook, etc.
8. College placement cells, etc.
Above all, it depends on how you work on it. Best of luck with your new startup.
And please answer the following questions:
1. What type of firm are you looking for? Like Sole Proprietorship, Partnership, or Ltd Company?
2. Resources you have.
3. IT, Non-IT, or Both?
Feel free to contact me for any issues. I will help you to the best of my knowledge.
Please email me at [email address].
Visit our site www.gallophr.com and provide your feedback. Thank you.
---
I have corrected the spelling, grammar, and formatting errors in your text. Let me know if there is anything else you would like me to assist with.
From India, Mumbai
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Hi Harjeet Singh,
Can you please help me with how data management is done in a placement consultancy? I am venturing into a new business of placement consultancy. I am taking the opportunity of this lull in business to set up a placement consultancy and kick start it when the grass is greener on the business front.
You could email me at mintymathur@gmail.com.
From India, Ahmadabad
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Can you please help me with how data management is done in a placement consultancy? I am venturing into a new business of placement consultancy. I am taking the opportunity of this lull in business to set up a placement consultancy and kick start it when the grass is greener on the business front.
You could email me at mintymathur@gmail.com.
From India, Ahmadabad
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Dear Sir,
I have 6 years of experience in industrial marketing as well as manpower recruitment. Kindly provide me with the necessary formalities for opening a manpower consultancy. How can I register if required?
Thanks & regards,
Pmcjobs12@gmail.com
From India, Pune
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I have 6 years of experience in industrial marketing as well as manpower recruitment. Kindly provide me with the necessary formalities for opening a manpower consultancy. How can I register if required?
Thanks & regards,
Pmcjobs12@gmail.com
From India, Pune
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Dear Sir,
I have 6 years of experience in industrial marketing as well as manpower recruitment. Kindly provide me with the formalities for opening a manpower consultancy. How do I register if required?
Thanks & regards
Pmcjobs1@gmail.com
From India, Pune
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I have 6 years of experience in industrial marketing as well as manpower recruitment. Kindly provide me with the formalities for opening a manpower consultancy. How do I register if required?
Thanks & regards
Pmcjobs1@gmail.com
From India, Pune
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Hi Preeti,
I also intend to start a consultancy or be a part of one. I have around 3 years of experience in India's top IT company and am willing to set up my own platform in the HR consultancy era. It would be really great if you could guide me on what the approach should be and what the investment involved for portals and tie-ups would be.
Regards,
Priyanka Batra Khatter
From India, New Delhi
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I also intend to start a consultancy or be a part of one. I have around 3 years of experience in India's top IT company and am willing to set up my own platform in the HR consultancy era. It would be really great if you could guide me on what the approach should be and what the investment involved for portals and tie-ups would be.
Regards,
Priyanka Batra Khatter
From India, New Delhi
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Dear Preeti,
We are the leading consultancy in Madhya Pradesh, Naukri Corner. We are planning to recruit a franchise in Tamil Nadu and other states. Please feel free to contact us for this.
Regards,
George
09826655667
From India, Bhopal
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We are the leading consultancy in Madhya Pradesh, Naukri Corner. We are planning to recruit a franchise in Tamil Nadu and other states. Please feel free to contact us for this.
Regards,
George
09826655667
From India, Bhopal
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Hi,
Can anyone tell me how to approach the company for a tie-up? Also, could you update me on the documents that need to be carried while contacting them? If any format is available, I would appreciate it if you could forward the same to my email id (sk.ziner@gmail.com).
Thank you.
From India, Mumbai
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Can anyone tell me how to approach the company for a tie-up? Also, could you update me on the documents that need to be carried while contacting them? If any format is available, I would appreciate it if you could forward the same to my email id (sk.ziner@gmail.com).
Thank you.
From India, Mumbai
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Dear Meenu,
I need your help for the same.
Regards,
Vipin
Hope you are fine. As everybody is giving you advice regarding the opening of a new HR consultancy, I feel that even I can help you a bit. As I am working at Monster.com, I can assist you in obtaining a database at a good price. If you are interested in a database, please contact me at the number below.
Thanks & Regards,
Meenu Bhat
09899741738
From India, Mumbai
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I need your help for the same.
Regards,
Vipin
Hope you are fine. As everybody is giving you advice regarding the opening of a new HR consultancy, I feel that even I can help you a bit. As I am working at Monster.com, I can assist you in obtaining a database at a good price. If you are interested in a database, please contact me at the number below.
Thanks & Regards,
Meenu Bhat
09899741738
From India, Mumbai
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We provide staffing agency automation software. 300 clients so far. 3000 users so far.
- Paperless process
- Read and update database for 500+ resumes in a sec
- Send pre designed emails at single click
- Integrations with outlook
- Identify exact fit resume from tetra byte of repository in fraction of second.
- Never miss/delay any invoice.
- Keep continuous “view” on recruiter’s efficiency
- All kinds of analytics to identify effective and non-effective sourcing channels.
- Identify useless clients before wasting too much efforts
- Post jobs at multiple jobsites in single click.
- Build relationships with client and candidates
contact sales at pasayadan .net
From United States, Cambridge
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- Paperless process
- Read and update database for 500+ resumes in a sec
- Send pre designed emails at single click
- Integrations with outlook
- Identify exact fit resume from tetra byte of repository in fraction of second.
- Never miss/delay any invoice.
- Keep continuous “view” on recruiter’s efficiency
- All kinds of analytics to identify effective and non-effective sourcing channels.
- Identify useless clients before wasting too much efforts
- Post jobs at multiple jobsites in single click.
- Build relationships with client and candidates
contact sales at pasayadan .net
From United States, Cambridge
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hi, can anyone explain me the difference between freelance recruiter & consultancy? Does company enter into tieup with freelance recruiter
From India, Mumbai
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From India, Mumbai
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Hi, I am Rekha. I have experience in generalist roles. I plan to start my own consultancy focusing on backend processes along with recruitment. I would like to inquire about the service charges for handling only backend processes.
From India, Bangalore
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From India, Bangalore
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Preeti,
Theoretically and imaginatively, everything happens, but practically - your idea of starting your consultancy with two years of experience needs some expert support. Have a crystal clear idea of what exactly investment, ROI, and client contacts entail. Consider B2B/M2M models, etc. If you need any assistance, feel free to contact me at destination4success@yahoo.co.in.
Cheers,
Karthik
From India, Hyderabad
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Theoretically and imaginatively, everything happens, but practically - your idea of starting your consultancy with two years of experience needs some expert support. Have a crystal clear idea of what exactly investment, ROI, and client contacts entail. Consider B2B/M2M models, etc. If you need any assistance, feel free to contact me at destination4success@yahoo.co.in.
Cheers,
Karthik
From India, Hyderabad
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Hi,
I have a fully equipped spacious institute to run HR training and soft skills training at a good location in Bangalore. I am also looking for an experienced HR recruiting partner. I am seeking a well-experienced partner on a profit-sharing basis.
Please contact:
Padmini Bhat
9886436689 / 9036073769
Email: prbhat@pro-hrd.com / pro_hrd89@yahoo.com
From India, Bangalore
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I have a fully equipped spacious institute to run HR training and soft skills training at a good location in Bangalore. I am also looking for an experienced HR recruiting partner. I am seeking a well-experienced partner on a profit-sharing basis.
Please contact:
Padmini Bhat
9886436689 / 9036073769
Email: prbhat@pro-hrd.com / pro_hrd89@yahoo.com
From India, Bangalore
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Be a part of the growing team
Become a Woodfog Recruitment Consultant (Work from home Full time -Part time)
Woodfog is staffing recruitment firm, we are actively looking to hire independent Sales and Recruitment personal to expand our business .
All you need to have is good communication skills and a will to go that extra mile .
You can even earn in Dollars and Pounds.
If you are interested in partnering with us, you’re welcome.
Please mail us at
.
From India, Delhi
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Become a Woodfog Recruitment Consultant (Work from home Full time -Part time)
Woodfog is staffing recruitment firm, we are actively looking to hire independent Sales and Recruitment personal to expand our business .
All you need to have is good communication skills and a will to go that extra mile .
You can even earn in Dollars and Pounds.
If you are interested in partnering with us, you’re welcome.
Please mail us at
From India, Delhi
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Hi if u want to become business partner withour firm then call me at 9716224444 saurabh khanna
From India, Delhi
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From India, Delhi
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I am interested in sharing my BPO clients across India. Anyone interested in providing placement services, please get in touch. My requirement is Outbound telesales executives (Domestic and International). I can provide access to many BPOs where even placement consultancies cannot enter. Let me know if you would like to, it is on an all-India basis. Urgently, there are requirements in Delhi, Mumbai, Navi Mumbai, Chennai, and Hyderabad, Pune. Contact me directly at jobconnectconsultancy@in.com or visit the website CREATEX at http://www.createx.co.in.
From India, Mumbai
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From India, Mumbai
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Dear SIR Pls update me ur contact number it can be discussed on phone ,SO THAT WE CAN DISCUSS ON PHONE REGARDS TO PORTAL SHARING BASICS Sharath Ph :9738167143 / 080 41142326
From India, Bangalore
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From India, Bangalore
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I want to outsource all my HR recruitment processes across India. If anyone is interested in tying up, please email me. BPO recruitment is a must. All locations are welcome. Those who cannot maintain a response time of less than 48 hours, I won't be able to outsource to them. It's on a profit-sharing basis of 50%. Email address: jobconnectconsultancy[at]in[dot]com. Phone: 9320364713.
From India, Mumbai
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From India, Mumbai
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Hi Preeti,
If you are really interested, you can be a partner with us. Please go through the website www.igslabs.com and contact us.
Regards,
Chandan Kumar
From India, Bangalore
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If you are really interested, you can be a partner with us. Please go through the website www.igslabs.com and contact us.
Regards,
Chandan Kumar
From India, Bangalore
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Hi, sorry I forgot to mention my ID; it's 
.
I will be very straightforward and will write the points in steps for better understanding.
1. Decide a name for your company: Deciding on a name for the company is very important as this is the brand for which you will be working for the rest of your life. You should like the name, and you should be able to relate yourself to the company.
2. Buy a domain name: You should buy a domain name for your company. It's compulsory because nobody would trust a company that doesn't have a good website, and a domain name is very important for having a website. Domain names are cheap, around Rs. 450/year, and you can register a domain easily from this link. You can even check whether your company name is available or not by clicking this link.
3. Get your website designed and hosted: The next step is to get yourself a professional website design for your company. Designing could start from Rs. 7000, but I would recommend you invest a little in website designing and hire a professional website design company. Professional design could cost you starting from Rs. 15,000, and basic hosting for your website could cost you around Rs. 1000 per year. (Also, look for Airtel Website Builder; it's cheap and easy. My own website is through Airtel Website Builder.)
4. Choose the type of company you want to open: Deciding which type of company you want to open is something you have to do. There are 4 types of companies you can form in India:
- Sole Proprietorship: A sole proprietorship, also known as a sole trader, or simply proprietorship, is a type of business entity that is owned and run by one individual, where there is no legal distinction between the owner and the business. All profits and losses accrue to the owner. All assets of the business are owned by the proprietor, and all debts of the business are his debts, and he must pay them from his personal resources.
- Partnership: A partnership is a type of business entity in which partners (owners) share with each other the profits or losses of the business. Partnerships are often favored over corporations for taxation purposes, as the partnership structure does not generally incur a tax on profits before it is distributed to the partners.
- Private Limited: A private company is a type of company incorporated under India. It has shareholders with limited liability, and its shares may not be offered to the general public, unlike those of public limited companies.
- Public Limited: A public limited company is a type of limited company in India that is permitted to offer its shares to the public.
5. Starting as a sole proprietorship firm: If you are starting alone, I recommend you start as a sole proprietor because it's easy to start and total control is in your hands. There are not many formalities for this kind of firm; you just have to get a current account ready in your name, and you are ready to do business. However, if your company turnover reaches 10 lakhs per year, you will have to register for service tax.
6. Open a current account in any bank: Opening a current account is the most important part of the business. If you are opening a sole proprietorship firm and have your service tax registration done, you can open an account in any bank you want. But if you have not applied for service tax registration, you can opt for government banks to open the account. You can look for IDBI Bank as opening a current account is quite easy in that bank. For opening a current account, you will need a company letterhead, visiting card, and company stamp.
7. Buy Naukri or Monster login: You have to buy Naukri or Monster login to supply candidates to your clients. This is the costly part of consultancy business, but you have to buy this to get started. Naukri login costs around Rs. 60,000 for 3 months, and Monster is almost around Rs. 35,000 for 3 months. You can buy it anytime, but I recommend you to buy it once you get your first client. Don't forget to negotiate, as who knows, you can get a better deal.
8. You are ready to do the business. Just go ahead and start searching for clients.
Cheers
From India, Calcutta
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I will be very straightforward and will write the points in steps for better understanding.
1. Decide a name for your company: Deciding on a name for the company is very important as this is the brand for which you will be working for the rest of your life. You should like the name, and you should be able to relate yourself to the company.
2. Buy a domain name: You should buy a domain name for your company. It's compulsory because nobody would trust a company that doesn't have a good website, and a domain name is very important for having a website. Domain names are cheap, around Rs. 450/year, and you can register a domain easily from this link. You can even check whether your company name is available or not by clicking this link.
3. Get your website designed and hosted: The next step is to get yourself a professional website design for your company. Designing could start from Rs. 7000, but I would recommend you invest a little in website designing and hire a professional website design company. Professional design could cost you starting from Rs. 15,000, and basic hosting for your website could cost you around Rs. 1000 per year. (Also, look for Airtel Website Builder; it's cheap and easy. My own website is through Airtel Website Builder.)
4. Choose the type of company you want to open: Deciding which type of company you want to open is something you have to do. There are 4 types of companies you can form in India:
- Sole Proprietorship: A sole proprietorship, also known as a sole trader, or simply proprietorship, is a type of business entity that is owned and run by one individual, where there is no legal distinction between the owner and the business. All profits and losses accrue to the owner. All assets of the business are owned by the proprietor, and all debts of the business are his debts, and he must pay them from his personal resources.
- Partnership: A partnership is a type of business entity in which partners (owners) share with each other the profits or losses of the business. Partnerships are often favored over corporations for taxation purposes, as the partnership structure does not generally incur a tax on profits before it is distributed to the partners.
- Private Limited: A private company is a type of company incorporated under India. It has shareholders with limited liability, and its shares may not be offered to the general public, unlike those of public limited companies.
- Public Limited: A public limited company is a type of limited company in India that is permitted to offer its shares to the public.
5. Starting as a sole proprietorship firm: If you are starting alone, I recommend you start as a sole proprietor because it's easy to start and total control is in your hands. There are not many formalities for this kind of firm; you just have to get a current account ready in your name, and you are ready to do business. However, if your company turnover reaches 10 lakhs per year, you will have to register for service tax.
6. Open a current account in any bank: Opening a current account is the most important part of the business. If you are opening a sole proprietorship firm and have your service tax registration done, you can open an account in any bank you want. But if you have not applied for service tax registration, you can opt for government banks to open the account. You can look for IDBI Bank as opening a current account is quite easy in that bank. For opening a current account, you will need a company letterhead, visiting card, and company stamp.
7. Buy Naukri or Monster login: You have to buy Naukri or Monster login to supply candidates to your clients. This is the costly part of consultancy business, but you have to buy this to get started. Naukri login costs around Rs. 60,000 for 3 months, and Monster is almost around Rs. 35,000 for 3 months. You can buy it anytime, but I recommend you to buy it once you get your first client. Don't forget to negotiate, as who knows, you can get a better deal.
8. You are ready to do the business. Just go ahead and start searching for clients.
Cheers
From India, Calcutta
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The corrected text with proper paragraph formatting:
The domain link: Domain Registration India, Cheap Domain Registration, Domain Resellers India | Outshine Solutions
From India, Calcutta
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The domain link: Domain Registration India, Cheap Domain Registration, Domain Resellers India | Outshine Solutions
From India, Calcutta
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Hi, Can anybody please let me know headhunting process.. Im working as a BDM in a Consulting co. Some companies are looking for out of portals profiles.. Do help me on this — Regards Sree
From Singapore, Toa Payoh
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From Singapore, Toa Payoh
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Hi all,
I am planning to start a new HR consultancy. Please guide me on how to approach companies for tie-ups and what documents are required while approaching the company. If possible, please email me the information to my personal id: p.maheshkumar125@gmail.com.
Thanks in advance.
Regards,
Mahesh Kumar P
From India, Coimbatore
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I am planning to start a new HR consultancy. Please guide me on how to approach companies for tie-ups and what documents are required while approaching the company. If possible, please email me the information to my personal id: p.maheshkumar125@gmail.com.
Thanks in advance.
Regards,
Mahesh Kumar P
From India, Coimbatore
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Hi dear Priti,
First, you have to collect information about consultancy. If you don't mind, I suggest that you join a diploma consultancy course that is offered in Udaipur. It is a one-year diploma course with classes held once a week on Sundays.
Please consider this opportunity for your professional development.
Thank you.
From India, Udaipur
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First, you have to collect information about consultancy. If you don't mind, I suggest that you join a diploma consultancy course that is offered in Udaipur. It is a one-year diploma course with classes held once a week on Sundays.
Please consider this opportunity for your professional development.
Thank you.
From India, Udaipur
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Hi Mayuri,
As I am new to the forum, I am also planning to start my own placement consultancy. I need support and help from your side. Please suggest what steps I should keep in mind while opening the same. Waiting for senior's reply.
Thanks & Regards,
Pooja
From India, Delhi
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As I am new to the forum, I am also planning to start my own placement consultancy. I need support and help from your side. Please suggest what steps I should keep in mind while opening the same. Waiting for senior's reply.
Thanks & Regards,
Pooja
From India, Delhi
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Looking for Partners in Recruitment Business in the following CITIES.
After a successful 17 years in recruitment, we want to expand our business operations to the following cities as well:
- PUNE
- NASHIK
- GOA
- BHUBANESHWAR
- CUTTACK
- KOLKATA
- LUCKNOW
- INDORE
- BHOPAL
- GWALIOR
- CHANDIGARH
- AMRITSAR
- LUDHIANA
We are looking for a financially sound partner with an office set up. We request all interested partners to mail your proposals to deepak@mkgroup.co.in.
From India, Mumbai
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After a successful 17 years in recruitment, we want to expand our business operations to the following cities as well:
- PUNE
- NASHIK
- GOA
- BHUBANESHWAR
- CUTTACK
- KOLKATA
- LUCKNOW
- INDORE
- BHOPAL
- GWALIOR
- CHANDIGARH
- AMRITSAR
- LUDHIANA
We are looking for a financially sound partner with an office set up. We request all interested partners to mail your proposals to deepak@mkgroup.co.in.
From India, Mumbai
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Roadmap to Strategic HR Turning a Great Idea into a Business Reality.pdf