How to Start a Staffing Company from Home

Here are the top priorities when you’re in the planning stage of creating your staffing firm startup.

#1 Create a Business Plan

This is where you will lay out the meat of your company. You will identify what niche market your staffing firm will work in, who your target clients are, as well as beginning to map out the expenses on the horizon. Your business plan can be thought of as the road map guiding your journey of establishing your staffing firm. 

A solid business plan is not just to keep you on track, but also to show investors and potential clients that you have a well outlined plan of attack to be successful in your endeavors. There are so many resources available to help you get organized and get started. Free templates for business plans, business models, and so much more constantly circulate the internet. Think smarter, not harder. 

#2 Establish Relations with Potential Clients and Candidates 

Start early in your search for potential clients. Your business plan will come in handy here, as you will have a well thought out plan ready to go when people consider signing agreements with you. Connect with people on LinkedIn. Leave business cards around the area. Start engaging on social media platforms. Interact with people and organizations within your niche that you could see yourself taking on as a client. All you need is one to get you started. 

#3 Evaluate Your Competitors 

Take the time to locate and look into your competitors. What gaps are there within your industry and how can you offer the solution? Or offer the same thing differently and with more improvement? This is where you will conduct a competitive analysis. Utilize free resources to locate these gaps and keep an eye on your competitors and stay up to date on the trends and happenings within your niche market. 

Use your findings to create a strong SWOT analysis. We’re going back to basics here… because it works! The more you can understand about the market you’re getting into, whether it be engineering staffing or admin, the more you will be able to see the flaws and, thus, the opportunities. You will be coming in with an advantage.

Final Thoughts

In conclusion, the planning stage of creating a staffing firm startup is a critical phase that lays the foundation for the success of your business. Following these top priorities can position your firm for growth and profitability.Click here to connect!

Looking for additional resources to aid in starting your staffing company? Explore the rest of our "Start a Staffing Company" series:

Stage 2: Establishing Costs & Understanding Financial Implications 

Stage 3: Wants Vs. Needs When Starting A Staffing Company