Starting a Placement agency company in India requires a bit of know hows. When i started i thought starting a company legally is going to be very time consuming with lot of formalities. Because most of my friends asked how i started mu company and requested to write a post on how to start a consultancy company, i am writing this post.
I will be very straight forward and will write the points in steps for better understanding.
1. Decide a name for your company: Deciding name for the company is very important as this is the brand for which you will be working for the rest of your life. You should like the name and you should be able to relate yourself to the company.
2. Buy a domain name: You should buy a domain name for your company. Its compulsory because no body would trust a company who doesn’t have a good website and domain name is very important for having a website. Domain names are cheap around Rs. 450 /year and you can register a domain easily from this link and you can even check whether you company name is available or not by clicking this link?
3. Get your website Designed and Hosted: Next step is to get yourself a professional website design for your company. Designing could start from Rs. 7000 but i would recommend you to invest a little in website designing and hire a professional website design company . Professional design could cost you starting from Rs. 15,000 and basic Hosting for your website could cost you around Rs. 1000 per year.
4. Choose the type of company you want to open: Deciding which type of company you want to open is something which you have to do. There are 4 types of company which you can form in India.
- Sole Proprietorship : A sole proprietorship also known as a sole trader, or simply proprietorship is a type of business entity which is owned and run by one individual and where there is no legal distinction between the owner and the business. All profits and all losses accrue to the owner . All assets of the business are owned by the proprietor and all debts of the business are his debts and he must pay them from his personal resources
- Partnership: A partnership is a type of business entity in which partners (owners) share with each other the profits or losses of the business. Partnerships are often favored over corporations for taxation purposes, as the partnership structure does not generally incur a tax on profits before it is distributed to the partners
- Private Limited: A private company is a type of company incorporated under the India. It has shareholders with limited liability and its shares may not be offered to the general public, unlike those of public limited companies
- Public Limited: A public limited company is a type of limited company in the India which is permitted to offer its shares to the public.
5. Starting as a sole proprietorship firm: If you are starting alone i recommend you to start as a sole proprietor, because its easy to start and total control is in your hands. There are not much formalities for this kind of firm, you just have to get a current account ready in your name and you are ready to do business. However, if you company turnover reaches 10 lakhs per year, you will have to register for service tax.
6. Open a current account in any Bank: Opening a current account is the most important part of business. If you are opening a sole proprietership firm and have your service tax registration done, you can open account in any bank you want. But if you have not applied for service tax registration, you can opt for government banks to open the account. You can look for IDBI bank as opening current account is quite easy in that bank. For opening a current account you will need a company letterhead, Visiting card, and company stamp.
7. Buy naukri or monster login: You have to buy naukri or monster login to supply candidates to your clients. This is the costly part of consultancy business but you have to buy this to get started. Naukri login costs around Rs. 60,000 for 3 months and monster is almost around Rs. 35,000 for 3 months. You can buy it anytime but i recommend you to buy it once you get your first client. Don’t forget to negotiate as who knows you can get a better deal.
8. You are ready to do the business. Just go ahead and start searching for clients.
Cheers 
Rahuldevmishra
- Jul 18th, 10
Hi Rajesh,
As discused in past comments,
i sent you my id rahuldevmishra@gmail.com,
but still waiting for 3 contract sample sheet…..
i would appriciate if you can send me the same.
Regards,
Rahul Mishra
Shwetha
- Jul 19th, 10
Hi, This is shwetha, i am planning to start up a consultancy i do have couple of clients but to log in to nukari or monster its very expensive, is there any other way ????? Please mail me if you have any suggestion.
mukesh
- Jul 23rd, 10
If you have client and want to work with us on revenue sharing please write to us at contact@jobmilestone.com
Sagar
- Aug 30th, 10
Hey,
Mukesh i would like to start a job consultancy so pls kindly provid me details
Suvarchala
- Oct 12th, 10
Dear Mr. Sagar
Mr. Mukesh given you a clear Picture
Rajeev
- Jul 26th, 10
I want to work in revenue sharing model, but the money should be good. Please provide details. My e-mail is Ltrajeev@yahoo.com
Name (required) Anton
- Aug 5th, 10
Hi Swetha – Please let me know if u need any free lancers.
If interested you can mail me to praveen.joseph@airtel.blackberry.com
rohitashva
- Aug 9th, 10
hi shweta same problem with me i am in aviation line and also trying to open a consultancy if u have any idea regarding that kindly mail me
good luck
Abhilash
- Aug 10th, 10
Even I am planning to start a placement…Lets see if we can start it together…wat say??
Uttam
- Aug 22nd, 10
i have naukri portal to share… if u r intrested then just give me a call….
9035732478
Manu Kumar
- Sep 1st, 10
y dnt u try sub id at naukri.. its jst cost 20000 per year. consult the person already having id on naukri.com. the person will make u help u having sub id under his main id.
saibaba
- Oct 15th, 10
Hi,
I am planning to start IT placement consultancy, How to communicate with companies , i have these many candidates for suitable positions.
Please any one help me, That s more appreciate
Thanks
sai
Nav
- Sep 17th, 10
You can Add in news paper agencies and distribute tampates
Name (required)ali
- Jul 20th, 10
Warm hi to all?
i hav got various informations about to start a new job consultancy firm .but still i am thinking that, can i start a such firm without invest more money?and what s the risk in this work?
mukesh
- Jul 23rd, 10
Do you want to work with us on revenue sharing please write to us at contact@jobmilestone.com
Aman
- Jul 25th, 10
What say you? I’m interested too. Please contact me on the below given number.
Thanks
Aman Jain
09999002457
mohsin
- Jul 21st, 10
HI, THIS MOHSIN CAN PLZ TELL ME WHAT INVOICE, AGREEMENTS FROM CLIENT AND ALL…….
sia sharma
- Jul 23rd, 10
Hello all,
I am looking for naukri login with mass mailing facility.plz do let me know
Waiting for reply
Rajeev
- Jul 27th, 10
I am willing to share the Naukri account login cost. contact me on Ltrajeev (at) yahoo.com
mukesh
- Jul 23rd, 10
We are looking for the people who want to work with us on revenue sharing basis.
Mandar
- Jul 24th, 10
I’m Much Interested………plz. do send me the proposal on mail Id pat.mandar@gmail.com
Thanks,
MANDAR
Ajay Jha
- Jul 26th, 10
I am intrested please send business model to my email ajayrjha (at) gmail.com
Name (Kkul)
- Aug 20th, 10
Hi Mukesh,
I am willing to work on revenue sharing.Pls do send the details on kkulkarni2007@yahoo.co.in
Thnks
Shelly
- Jul 26th, 10
Hi
Pls tell me smthing more abt the contract to be sighned with the companies and other formalities.
Pls e-mail me more details
Thanks
HB Singh
- Jul 27th, 10
sangita ur article is very very knowledgeable for a beginer.
Really vey impressive.
May i know which part of india u stay in
mukesh
- Jul 28th, 10
If you want to search candidate..register at jobmilestone.com for free only limited time.
Woodfog
- Jul 28th, 10
If you are looking for new clients please mail us at info@woodfog.com
Team Woodfog
Neha
- Jul 29th, 10
This is Neha here,
I want to start off a recruitment firm.
Please let me know how to get in touch with the clients. Also send me a sample of Invoice, terms and conditions.
Kindly send me the proposal, Iam interested to work in a revenue sharing model.
Thanks,
Neha
mukesh
- Jul 31st, 10
Hi Neha,
Can you please send me your email id and contact number to discuss revenue sharing model?
regards,
mukesh
mukesh
- Jul 31st, 10
Hi Neha,
Can you please send me your email id and contact number to discuss revenue sharing model?
contact@jobmilestone.com
regards,
mukesh
Ibrahim Khan
- Jul 31st, 10
Hi Neha,
As You said this is my mail id ibrahim@nemesisconsultant.com and you can contact me at 0-9705154800
Ramesh
- Sep 20th, 10
I am also wants to start consultancy. plzz help me..
Name (required) Hardeep
- Aug 2nd, 10
i wany to open a consultancy..cn anybdy tell me hw can i start it and what is the risk factor….
Aatish Bhadresha
- Aug 4th, 10
Hi All I want to open placement agency I have some candidate and client please contact me on 9821883208
Mayur
- Aug 6th, 10
Hi, This is mayur, i started placement comany i do have couple of clients but to log in to nukari or monster its very expensive, is there any other way ????? Please mail me if you have any suggestion
Name (required) ranajan agarwal
- Aug 7th, 10
hi
i understand the whole procedure how to start a placement agency but only one thing which stop me is the cost on login in monster and naukari, sir is their any other way how i” ll find my clients with less investment or free of cost
shubham
- Aug 11th, 10
please let me know the procedure to buy naukri or monster login to supply candidates to the clients..?
rajeev Sharma
- Aug 11th, 10
Hi ,
we are running a study visa and immigration firm and now started some recruitements,started with call centres ,good response is there as we have lot of data collected by us,But we want to know the actual action plan to run it more efficiently for which we can work with other companies too,
If anybody interested to work with us please send us the business model on spring_ways@yahoo.com
thanks and regrads
Rajeev Sharma
Ashish
- Aug 12th, 10
Dear Friends,
I have an extra naukri login,if any one is in need then do contact me on sembot@gmail.com,we can provide you the login from 4.P.M to 11.00 A.M
Regards
siddhu
- Aug 14th, 10
You are looking people for sharing of naukri database is fraud and you don’t do like that suppose your login from 4.P.M to 11.00 A.M providing who will take for office OFF time there is not a good practice. First you shuld buld your own brand in the market belive the coustomers
get the returns don’t feel bad this is my advise if you want more details plz call 9221078184
Thanks siddhu
Woodfog
- Aug 13th, 10
If you want new contracts with new IT and non-IT companies then drop us a mail at info@woodfog.com we will help you get new recruitment clients .
Thanks
Team Woodfog
Name (Kkul)
- Aug 20th, 10
seems intresting.
would like to know in detail.
Rajeshkumar
- Aug 14th, 10
Dear G.S.Job point visitors and Author Sangita,
Wishing you all a Very Happy Independence Day!
Jai Hind
Regards,
Rajeshkumar
siddhu
- Aug 14th, 10
Hello i am web developer specially i am developing job site your own HR recruting name only 5000/-
Sandeep
- Aug 14th, 10
What are you saying?
Rs.5000 for a HR Consulting Website?
That’s too much for a start-up consulting firm who are concious about the initial investment.
Well, I am a professional Web developer too with 6+ Years experience and I can do this Job for Rs.2500 WITHOUT taking any advance as well.
I can offer .in domain, 10 GB Disk space, 100 GB Bandwidth, 25 EMAIL id’s; 25 Subdomains etc;
siddhu
- Aug 14th, 10
Hello i am developing website from Rs.1500/- Rs.15000-+ if you have such kind of 2500 tell me the developed site right now you are bignner who having brand rate is also high like how low price low quality high price high quality tell me what you want to say
Name (required) Anton
- Aug 14th, 10
Can u gimme ur no
Nitin
- Aug 19th, 10
Hi Sandeep,
I am running a small manpower and contract labour services Agency & want to develop website can u help Me in this????
Regards,
Nitin Kasare
9987557788
Divya
- Oct 11th, 10
Hey Sandeep!!
We are planning to open a consultancy in next financial year, kindly contact on through my email if you can assist us in web designing…
email is dsmanorama786@gmail.com
Bala
- Oct 28th, 10
What say you?Can I have ur contact Number
siddhu
- Aug 14th, 10
Anybody intersted to buy the jobsite please contact 9221078184
Rajneesh Sharma
- Aug 14th, 10
I am at stage of opening a placement cosultancy firm in Delhi ncr after thorugh study shortly in Sep-2010 ,anybody for partnership / franchise intrested. I was Early in Maruti Suzuki Company and will be specialist in Automobile sector Manpower arrangement. 9911365599 oppertunity is waiting for you.
rajeev Sharma
- Aug 14th, 10
HI RAJNEESH,
WE ARE A LEADING STUDY VISA AND IMMIGRATION CONSULTANTS BASED IN CHANDIGARH,NOW WNT TO START A HR FIRM,SO WE ARE LOOKING FOR THE RIGHT PERSONS,WHO CAN GUIDE US,
WE CAN RECRUIT CANDIDATES FOR YOU..
REGARDS
RAJEEV SHARMA
spring_ways@yahoo.com
rajeev Sharma
- Aug 14th, 10
HI RAJNEESH,
WE ARE A LEADING STUDY VISA CONSULTANTS BASED IN CHANDIGARH,NOW WNT TO START A HR FIRM,SO WE ARE LOOKING FOR THE RIGHT PERSONS,WHO CAN GUIDE US,
WE CAN RECRUIT CANDIDATES FOR YOU..
REGARDS
RAJEEV SHARMA
spring_ways@yahoo.com
Rajneesh Sharma
- Aug 14th, 10
my mail id is rajneesh224@gmail.com and 991136559 contact no. we will operate from Faridabad Initialy through internet
Raakesh Rajoli
- Aug 14th, 10
Hi All,
Iam interested in working on revenue sharing model. Plz send me the proposal on raakeshprajoli@gmail.com
Presently we are working in Finance and Engineering field.
We are based in NaviMumabai.
Nitya
- Aug 16th, 10
Can you also share with me the revenue sharing model..I need to have an understanding about how it works.
Post that will be able to decide.
E-mail – nitya26882@yahoo.com
aksingh
- Aug 26th, 10
hi,
I want to start off a recruitment firm.
Please let me know how to get in touch with the clients. Also send me a sample of Invoice, terms and conditions.
Kindly send me the proposal, Iam interested to work in a revenue sharing model.
Thanks,
ak singh
AMIT
- Aug 26th, 10
I Am in BPO industry for last 7 years, have clients too , would like to follow revenue sharing model revenue sharing model. Anybody interested, please send the detailed revenue sharing model on amitchowdhary1981@yahoo.com
Teresa
- Aug 27th, 10
Iam planning to start a consultancy/ placement,can u help me the different questions which a client ask for the newcomers in any fields especially in hotel industry.
Kalpesh
- Aug 28th, 10
Dear GSJobpoint Team,
Thankful to you for providing very useful information.
Regards,
Kalpesh
AMIT GUPTA
- Sep 1st, 10
Hi, i want to start a placement agency in the customer service and call centre/IT sectors/MNC SEC/PRIVATE/BANKS/INSURANCE/HOTELS. Can you please provide me with some information on how i can start this business? I’m planning to take franchisee of orion call tech can you please give some advise about this, my email address is amitgupta2555@yahoo.com,amitgupta2555rediff.com
Manu Kumar
- Sep 1st, 10
i have started a placement company named THE CAREER ASSOCIATES. any body plz plz help me how to make new clients and how to deal wikth them…?????
Mohd shaker
- Sep 6th, 10
Hey I want to know how to get the clients dear?
Nitin
- Sep 10th, 10
This is very useful blog and thannks for that.
I have a very basic question. How to find the clients for placement agency?
bpsingh
- Sep 11th, 10
What say you?For a startup consultancy i suggest going for a static website and secondly going for a sublet Job portal ID taking into consideration the business requirements i.e., the client base.
Sandeep
- Sep 12th, 10
Hi,
I totally agree with what Mr.BP Singh is saying.
It is not necessary to have a hi-fi website .. all we need is a good, corporate look, professional website with some basic necessary features which does not bite our purse.
Reg: Naukri Login:
But it is important to have a exclusive login and not a shared one.
Reg: Website:
We are professional web developing company and can develop good corporate, professional website for Rs.2500 including design, development, .co.in / .in domain and hosting.
Had developed 7 HR Consulting websites (many of them were clients through GS Job Point after reading my earlier comments)
Website Features:
- 5 pages
- Candidates Resume Application System – which when submitted will reach your mail box
- Enquiry form for clients
- Logo designing
- Attractive Flash Headers
- Flash / CSS Menus
- Content writing
- Image Optimization etc;
- 3 Website designs will be submitted from which client can select one.
Contact me now at msandeepchennai@ymail.com
All the best for your consulting business.
Regards,
Sandeep.
bpsingh
- Sep 11th, 10
What say you?There is no hard n fast rule of developing client base it is a networking business hence you have to be people oriented,a go getter.You can try by getting in touch with the recruiting managers and fixing appointments so that the things can be taken further.
najeeb
- Sep 11th, 10
Hi, I am Najeeb Kamarudhee,
i would like to start a placement agency in india and Nepal, if any any one can advice me the formality to start the same, also i heard that there is some deposit , is it correct? if it is correct how much we have to deposit, Kindly advice, pllsssssss
please mail me in najeebshah_k@yahoo.com
Name arjun nayar
- Sep 13th, 10
What say you?help me with any info i am arjun an planning to open a consaltancy for retail and bpos for any info or help mail me at arjun_nayar1989@hotmail.com
Satheesh
- Sep 15th, 10
Hi All,
It is an Excellent blog for beginners …
Thanks Sandeep .. I shall contact you for developing a website for my company..
Siddhu..Pls stop bluffing without knowing anything.Im in this business for the past 5yrs.This blog is not for you..Try to learn English first and blog..
Sandeep
- Sep 20th, 10
Hi,
Sure sir, you can definitely contact me when in need of a website.
Also kindly make a note of my mail id:
msandeepchennai@ymail.com
Rahul
- Sep 16th, 10
Hi,
After reading your above articles with great tips. I am planning to open my own consulatncy. Please advice me how can i get client (personal clients) without naukri or monster help. If you have ny idea plz mail me.
Thanks for your support
sunita
- Sep 24th, 10
hi… my name is sunita.. i m trying to open placement agancy.. but login to naukari or monester website is very expensive for me.. pla guide me how to findout candidates for BPO.. also what is tie-up format with clients.. pls give me the format for same… my mail id is libraworld@gmail.com
sunita
- Sep 24th, 10
hi all…
pls guide me how to buy database from NAUKRI website….
Name (required)surendra
- Sep 24th, 10
I am to say nothing excepi that the blog about starting a placemernt agency is very much revaling and the messages are not much helpfull, some of them are confusing.
Sandeep
- Oct 12th, 10
Mr.Surendar,
Pls be clear – what advice is confusing for you?
The blog and messages posted by members had been useful to many visitors .. so if you can tell what you found confusing / mis-leading or inappropriate or in general if you have any doubts then pls post it so that somebody who is experienced can help you out.
Regards,
Sandeep
msandeepchennai@ymail.com
Nupur
- Sep 26th, 10
I am willing to open job Consultancy in Delhi/NCR region,is it necessary to register the firm before opening it.I along with a few friends will start it.Please give a detailed procedure on my mail id-nupurshukla05@gmail.com
Manish Jaiswal
- Sep 28th, 10
I want to start a immigration placement agency in lucknow location. Can anybody share the process or any business proposal for me?
Kindly revert me on manishh.jaiswal@gmail.com..
Deeptarshi Dasgupta
- Sep 29th, 10
I want to open a recruitment consultacy. Please suggest how should I process.
Regards,
Deep
Shubha
- Oct 4th, 10
I am Shubha here from Bangalore, presently employed in reputed real estate company and having very good network , I am capable of getting clients with my contacts. Can any body help me to establish the HR consultancy in free time . I am also willing to work on revenue sharing model.
Sanjeev
- Oct 4th, 10
Hi Sir,
I am interested to open HR consultancy services with minimum investment.
My question are:
what are all approval required from Government.
how to sole proprietorship company
what are all minimum investment required.
please do reply to me
Regards
Sanjeev
9311305552
Sandeep
- Oct 12th, 10
Mr.Sanjeev,
Pls provide your mail id so that I can provide you with whatever information that I can aware off about HR Consulting.
Regards,
Sandeep
msandeepchennai@ymail.com
anks
- Oct 6th, 10
for starting my own business/company i have got a good piece of advice/information.thanks.
divya
- Oct 13th, 10
Hi,
I want to start an HR placement consultancy i need information on the below i would be glad if someone who has hands on experience in the hr consulting business can answer my queries.Thanks in advance
1. How to make an agreement document to sign up with a client can i get a sample of agreement copy and invoice.is there any other paper work i would be requireing while dealing with a client.
2.Can i get any advice on how to be successful starting this business and what are the common challenges one will face.