Dear Preeti,
I have already replied to another question about consultancy business.
Preeti, you can easily operate a consultancy from home. For that, you need to have a computer with an internet connection. Plus, access to at least one job portal will be a great help to you.
You need to learn how to access data from portals very quickly. Once you start using it, it will become very easy.
Secondly, if possible, you should add one more person to your team. So that one can take care of business development activities, and the other can search CVs as per the requirement.
Because if you are entering this market, you have to be really fast. Otherwise, if you are not able to keep pace with the other consultancies, you will be left behind in the competition.
So to sum up, one should have the following infrastructure and facilities to start a new HR consultancy business:
1. Place (which you have)
2. Computer with internet
3. Access to a job portal (It'll require a bit of high capital - Jobsahead/Naukri)
4. At least two people to run the show
5. Knowledge of the field
6. Smart interaction with the clients and candidates
7. Regular follow-up with the clients
8. Fast in delivering the CVs to clients
So, work hard, you will surely get success.
Best wishes,
Shweta