If you are seriously contemplating on putting up a temporary job services staffing agency, then you need to look into all the nitty gritty details before jumping the gun, so to speak. The temporary job services industry is currently a very wide market scope, considering the fact that there is an all to apparent demand for people to would rather enlist staffing services than making a stab on the job market on their own. In fact, statistics show that there is actually a double-digit increase in growth every single year.
Most companies also find it more convenient and a more cost-effective to hire their personnel through a reputable temporary job services agency rather than to muddle through thousands of applicants.
As the name suggests, temporary jobs are mainly offered to fill in some short-term positions, fulfilling peak season demands and in cases of restructuring and company mergers. Of course, you cannot discount the fact that most employers find it more convenient to ‘test drive’ their new employees to be able to minimize the risks of getting permanent employees right away.
Based on a study, that startup and the operating cost of putting up a temporary job services agency is actually significantly lower than most of the businesses. You would need roughly around $5,000-25,000 to cover the cost of office supplies such as a computer system that is equipped with an accounting and database software along with two or three employees. If you have a shoestring budget, it would be best to put it off for a while rather than start your business on a lukewarm fashion.
You also have to keep into consideration that the employee’s payroll would be one of the largest expense of the company. Yes, this may be a rather daunting endeavor, but not entirely impossible to achieve. One of the biggest hurdles when starting a business would be pitting your temporary job services agency against other larger staffing agencies that have decidedly a more established reputation. However, a well-planned and inexpensive marketing and advertising campaign would do the trick.
You have to of course define your target market. For temporary job services, your two most important clients are the clients and the associates. Having the right advertisement, you’ll be able to round up roughly around hundred clients in no time. Just focus more on connecting with prospective clients and effectively convince them that your services will greatly help their business.
The best way to do that would be to develop a market niche, such as concentrating on mainly one or two career fields, whether in medical, legal, of technical. A more focused and concentrated nature would depict the impression that your company specializes on such staffing services and you will also be more able to pool highly trained and skilled associates.