How to Start a Staffing Business

By Lanee’ Blunt

A staffing company sets up temporary workers with employers.  Staffing companies will supply clients with short term workers to fill positions of absent employees or to help supplement existing staff. It can be a profitable business and started with a reasonable initial investment. Most entrepreneurs that want to start their own companies have some experience in the staffing industry, as workers for other agencies, managers, recruiters or sales backgrounds.

Determine Legal Ownership
You must set up your business as a legal entity. Decide which form of ownership is best for your particular business: sole proprietorship, partnership, Limited Liability Company (LLC), corporation, or S corporation.

Business Plan
Write a business plan that will define your goals, include how you will finance your company, where you will be located, and how you plan to market your business. Your company will pay your employees and then get paid from the business customers that you have provided the employees for. You will need contracts written for your company between you and your clients. You will also need the business plan if you are looking to get a business loan.
Talk to an insurance agency. The minimum insurance that you will need will be for general liability, workers’ comp., and profession liability insurance.  Contact your state's Insurance Fund for your Workers Comp. policy.

Cold call corporations, small businesses, and other industries if you are starting your business without referrals. Send direct mail to a qualified mailing list. Join social network sites such as Twitter, Linkedin, Facebook and Google+. Spend every day recruiting, interviewing, and cataloging individuals looking for temporary work.

Business Ideas: How to Start a Staffing Business; Clay Collins
Venture Street: 10 Tips for Starting a Successful Staffing Agency; Dale Busbee


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