If you are on the lookout for a new business to establish in Hong Kong, why not consider putting up an employment agency, particularly a domestic helper agency. The potential of a business like this is big especially now that the demand for housemaids in HK is high. Should you feel interested in getting into this type of business, here are some of the things to consider:
Consider your budget. To start up a business like this, you should have sufficient money. You can never start a business with the absence of capital. There will be some equipment to buy and some people to hire. You should be able to assess which should be bought and which should be rented. If you will need to hire some people to make up your staff, know what positions should be filled in. You need to avoid unnecessary staffing.
Observe the movements of your business rivals. Try to do your best in coming up with a competitive business. Draw out information on how much they charge and based on that, set up your own rating system.
Find out what legal documents you need to process. One of the obligations that will be required by the law from you is to obtain all the necessary permits and licenses. You\’ll have to know where to get these documents, how and what you should present for the processing.
Decide where your office site will be. Would you rent a space or is it your preference to situate it in your home. Some business owners chose their homes to become their business base. This is to save both time and money on their part. Whatever your choice will be, you have to make sure that your place can easily be accessed by your applicants.
Apply for a dedicated phone line. As much as possible, this phone should only be used for business purposes. Keep it open for your clients and applicants. You can also choose to divert the calls to your residential phone after working hours. Hiring an answering service is also a good idea or you can simply install a voice mail or an answering machine to resolve this.
Establish your marketing strategy. You can hire marketers or post announcements on different classified ads offline and online to get clients. You can also tell your employees that they will be given a reward for each referral that they make.
No matter what, it\’s quite important for your business to keep on finding jobs to give to your applicants. There may be many applicants but what\’s the use if they will have no employer to go to?
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