You can start a hire business that’s as small as a one-man company or as large as a few dozen employees. But, whatever the size, there are steps you need to take to be taken seriously. You need to be seen as a skilled professional for hire and as someone who can provide the right people and services to hire for an important project.
Determine what kind of hire business you would like to set up. You should stick to a field that you are familiar with or trained in. This decreases the learning curve for running your business, as well as allows you to interact with your future staff and clients better.
Create a list of services that you would like your hire business to offer. You can look at offering services that can be done with your staff working in-house with your client. You can also offer services to outsource to your clients. Produce a rate card that details your services and the charging scheme for each service. Determine how the fees will be split between your employees and your company.
Hire your hire business staff. Have your staff applicants provide their resume, verifiable recommendations from previous employers and background clearances from local, state and federal authorities. Do your own background checks as well.
Draw up template contracts for your hire business services. This should include the following: 1. Your complete contact information 2. Your client’s complete contact information 3. A project job number for this contract 4. The services contracted for and a description of the project 5. The rate you are charging for the services, whether hourly rate or flat rate. 6. A detailed listing of the services that the client will get, including time lines, deadlines and other policies that you have discussed with the client. 7. A portion that states your client’s acceptance of the terms of your contract. 8. A place for you and your client to sign.
Create accounts with online invoicing services, such as Freebooks, Billable or Blinksale. A lot of clients will use these services to keep track of the projects they contract out. This will help ease your billing requirements.
Create invoices for billing purposes and customer feedback forms (see Resources) for your clients to complete when the contracts are over. The feedback from your clients will help you improve your business and, at the same time, leave an impression of professionalism with your client.
Obtain an Employer Identification Number (EIN) from the Internal Revenue Service and register it with your state’s revenue office. You will need this to be able to hire your business staff.
Register your hire business with the appropriate state agencies. You will only need to file a general business license with your state small business authority office (see Resources).
Hire an accountant if you don’t know how to manage financial records.
Search the Internet for job boards and online classified ads for potential clients looking to hire people for services. These sites will also usually offer postings of services for hire, so list your hire business and your services as well.
Utilize online and offline marketing tools. Create business cards that you can hand out to people you meet face to face. Use online social networks on the Internet for linking with a larger potential client base.
Remember to pay the proper taxes. The people that your clients hire are technically your employees. You will have to pay the appropriate share of income tax for each of your employees. You will also have to provide the tax information they will need when they file their tax returns.