New HR Services - How much capital investment (minimum) is really required?

bertilmp
Dear All, This is Bertil and I’m a having 8 years of experience in the field of HR & Administration. Currently I am working as a Manager-HR & Administration and staying in Cochin. Can anyone provide me some details? I’m looking for some guidelines for starting up an HR consultancy of my own. Can someone help me by suggesting how I can prepare myself in starting up the same? What could be the process that I have to follow?
How much capital investment (minimum) is really required? As you people know that I have to leave my current job if I need to start up the consultancy and its going to be a tough decision. But if I really work hard then how much prospect is there? All the process I'm looking for and friends can any one help me out please.....
couvery
Have you looked this at citehr archive or on Google..then you should do it firat. Anyways , I have made your task easier now chck the thread below-
https://www.citehr.com/70000-procedu...nsultancy.html
bertilmp
Dear Seniors!
I need suggestions from you on how to and where to start with...I want to start this at a small level and later grow up steadily....Do suggest me and advice me on this idea....
Waiting for positive response from my seniors!
Regards
Bertil M
NK SUNDARAM
My take on this would be something like this: Initially, you start from your home in a small way. Just a desk or laptop, dedicated mobile number. Start networking through a website, highlighting your services. Develop contacts Cochin , Thrissur, Quilon, Calicut, Trivandrum and other major cities and where IT parks are located. Make cold calls and request them to give you a trial once. Once people begin to trust you for your services, then you can start looking for a 1000 or 800 sqft office, two or three cubicles, two cabins - one for yourself, one for small business meetings. Then once you have some money on hand, you can go in or taking a couple of MBA-HR frshers, train them on your work. At that point of time, keep some working capital to pay rent, salary etc. Further, your returns will take some time and you should have some reserve funds. There is nothing minimum or maximum. More funds are there means, your comfort level will be better.
Best wishes
bertilmp
Dear All,
Thanks for your valuable replies....Its really helpful for us, having peoples like you in this site. You people are doing great job in sharing so profound knowledge...
Keep doing & please update in this manner.....
Thanks & Best Regards,
Bertil M
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bertilmp
Dear Seniors!
I need more suggestions from you all...Do suggest me and advice me...
Waiting for the valuable responses from my seniors!
Regards
Bertil M
bertilmp
Dear Seniors!
I need more suggestions from you all...Do suggest me and advice me... Waiting for the valuable responses from my seniors!
Regards
Bertil M
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