Starting a Recruitment Consultancy from Home: How Do I Handle Billing and Setup?

Hi, can anyone help me know the procedure to start my own recruitment consultancy (Domestic/International)? I have been in this field for the last 8 years, gaining experience in verticals like IT/Non-IT sectors with a pool of candidates. I want to understand how to proceed with billing my clients.

Operating from Home

1. I want to operate from my residence.

Financial Setup

2. Will I need to open a current account/savings account?

Consultancy Registration

3. Will I need to register my consultancy under some name, and if so, what is the procedure for that?

Service Tax Number

4. Will I need to get the service tax number? If yes, how do I go about it?

Client Database

5. I do not have a client database at this point in time (Domestic/USA RPO).

Networking and Lead Generation

6. I am aware that there are many reputed firms with vendors I have worked with for a long period.
7. Initially, I need help to generate leads in the IT/Non-IT sector. Please advise me.

Thank you.

Hi Surender, my name is Arup Kumar Singh. I am a Senior Recruiter with Total Talent Solutions. The following steps will assist you:

1. You need to have a Trade License.
2. The company type can be any - Proprietor, Partnership, etc. Consult a lawyer for guidance.
3. You need to have access to a job portal.
4. You can charge 8.33% of CTC or more per candidate.
5. You can operate online or, for mass/group recruitment, you need an office.
6. Decide on the vertical you wish to service - Financial, Technical, etc.

Regards,
Arup Kumar Singh
[Email Removed For Privacy Reasons]
[Phone Number Removed For Privacy Reasons]

Hi, points 1 to 6 have been answered by others quite well.

Business Development and Client Relationships

For point 7, you will need to invest in business development and building client relationships. Define your USP. You can work in any domain, but ensure you have experts in each of those verticals.

Regards,