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Start up costs

Start up Costs

The main start up cost most definitely would be the cost of premises for the recruitment agency. Although you do have the option of working from home, it may not be advisable if you are wanting to make a good impression with your clients and the candidates that you will be interviewing.

The cost of premises will depend on one thing namely – the location of where you wish to do business. Obviously if you wish to operate in a city centre then it will cost you additional money, however, if you choose to operate out with a city centre it will cost you less.

An absolute must though is to have well designed premises that create the right image to clients and to possible workers.

In order to create the right image you may need to refurbish the premises. It is a necessity to have a reception area and a meeting room so that candidates can be greeted and to enable interviews to be held.

It will also be vital to furnish the premises in a modern and professional way, by introducing office furniture. This may include office desks, seating, storage systems and lockable filing cabinets.

The meeting rooms must also be furnished with a table and chairs and it will also be a good idea to have a comfortable seating area with table and the reception area.

The cost of all these necessities varies immensely depending on how much you which to spend on each product, however the most important thing to remember is that you are trying to create a good impression so that clients and candidates see you as a professional.

Thus, the cheapest table and chairs may not be the best option if it falls apart as soon as someone sits on it! Just adopt for the reasonably priced products that do the job.

Also, important to remember here as with any business to keep costs to a minimum, therefore do not splash out on heavily priced items either.

Additional costs such as a telephone, answering machine, PC and printer will also be vital. You will also need to consider the cost of additional staff that will be needed to run the office whilst you are visiting clients or interviewing candidates.

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