Thinking of Starting a Recruitment Consultancy? Key Challenges and Market Concerns

Hi Friends,

Can anyone suggest to me what the process of opening a new recruitment consultancy could be? What could be the key challenges faced when opening a consultancy firm with many players already in the market? Would it be a right move considering the recession in the market?

Regards,
Bhoomika

Hi Bhoomika,

Before you start with the recruitment firm, I think you should conduct a survey on the current recruitment needs of companies. Also, try to identify which sectors are the key recruiters during this lag period.

For any further queries, feel free to contact me at pat.harsh@gmail.com.

Thanks & Regards,
Harshit Patel

Hi Harshit,

Thanks for your prompt reply. I have a few queries pertaining to opening up a Recruitment Firm:

1. You have suggested to do a survey...what could be the format/s for doing the same?
2. The process of conducting the survey looking at the market in a place like Ahmedabad.
3. How to tap the Clientele?
4. How to establish/market ourselves in the market? What should be the marketing strategy?
5. How much investment is required to set up a Recruitment Firm?
6. Is it advised to start the Firm single-handedly?

Regards,
Bhoomika

Dear Bhoomika,

Congratulations on your new project. However, you should first decide on the industries you are going to work with. Also, you have not mentioned if you have any prior experience in the same.

To provide specific and valid feedback, please give us more concise details. What is your business plan and your work methodology? Start by preparing a plan of action and a line of action.

If you still need more specific ideas, feel free to drop them in a private message. Anyway, all the best!

Best regards, [Your Name]

Hi, I can suggest you. Can anyone suggest to me what the process is for opening a new recruitment consultancy? What are the key challenges faced when opening a consultancy firm with many players already in the market? Would it be the right move considering the recession in the market?

Regards, Bhoomika