Dear Seniors, I have experience of 5.5 Years in Core HR Field. I am handling Contract Labour Management in one of leading German Manufacturing MNC. I wanted to work independently where sky is the limit. Hence I wanted to open Agency/Contract for Labour Supply in Manufacturing Industries nearby Ahmedabad/Nadiad/Anand/Halol/Vadodara. Request your valuable suggestion Can I open the Labour Supply Agency/Manpower Supply Contract with the experience of 5.5 Years. Your Valuable suggestion will help me out to boost my morale and strength. Request your Inputs Please.
From India, Ahmedabad
Freelancer In Hr &indirect Taxes For
Management Consultancy

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Interested people are opening manpower agencies these days without much of background. So your gambit is appreciated but you can make a difference by leveraging your experience and showcase how you are different from the charlatans and fly by night operators. Your professionalism in approach and execution must be evident. This is a highly competitive field and the margins are getting increasingly threatened with every passing day. Make a conscious decision after looking at all the pros and cons.
From India, Mumbai

Few points to enter in to manpower business.

1.Take appropriate licenses.

2.Arrange for Capital investment.

3Arrange for back up for investment

4Know that you have best network to arrange max manpower in min time.

5.Understand the risks involved in the business.

6.Get registered with statutory compliance authorities.

7.Target business with in local area first.

8Do compliances with out fail.

9.Form basic business policies from day 1.

10.Define marketing and sales policies with time lines and invest wisely.

11.Know all leagal and have strong local connects to protect business.

12.Pay your employees timely and ensure welfare is done to retain manpower.

13.Form your Field operation vertical strong and integrated.

14.Have website and company profile which is impressive and convincing.

15Work on value adds.

From India, Vadodara

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