A lot of entrepreneurs consider opening a recruitment agency in the UK – only because of the endless opportunities in the industry. If you are one of them, you probably know that starting a recruitment business is still a big decision and one that comes with several consequences.
The truth is, everyone has their own motivation when starting a recruitment business. Whether it’s a change of career or something that has been your inner desire for years, the motivation is quite different for many people.
Fortunately, most of the recruitment agencies in the UK have been profitable and successful in what they do best – helping people land their dream jobs and helping clients get the best talent for their needs.
Today, we are listing the seven most important reasons why starting a recruitment agency in the UK can let you share the same benefits.
1. You will be working with people
One of the perks of starting a recruitment agency with no experience is the fact that you will still be working with people – which means that the experience will be easier to get. Unlike other jobs that are focused on dealing with numbers, papers and accounts, opening a recruitment agency in the UK is one of the most desirable professions just because of the ‘human touch’ that it has.
2. You can learn from the mistakes of other agencies
Another great reason to start your own recruitment agency in the UK is the competition, and the chance to learn from their mistakes. In a nutshell, there are a lot of recruitment agencies that make mistakes which cost them a lot over the years. You can eventually spot these mistakes and make most of them in your case. This will make you a stronger business owner and a more experienced entrepreneur.
3. You don’t need many employees or a large company to begin with
Setting up a recruitment agency is unlike setting up a manufacture business. In other words, it is a move that doesn’t require many workers from the start – or great investments and debts to begin with. The truth is, you can even start a recruitment agency with no experience and no investment and dedicate your input to the maximum.
Alternatively, you could be using a great software to track new talent or a professional third-party service that gives you access to the hottest pool of candidates for every industry. From that point, the only thing that is left is linking these candidates with big company names and clients.
4. You won’t have to bill for someone else anymore
Starting your own recruitment business means that you are now in charge of things. It also means that every penny will land on your account – and you will be responsible for managing your budget. For someone who has been working for others their entire career, this can be a major step and a decision that means a lot. When you become an owner yourself, you will immediately see the satisfaction of knowing that all profit goes to you – even if it doesn’t reach your pocket and is meant for something else.
5. You can finally build a new type of recruitment agency
If you want to start your recruitment agency in the UK, chances are that you are planning something unique and revolutionary. Most of the young entrepreneurs and business owners are like-minded and want their businesses to be different.
This can help you a lot in the long run, especially when it comes to developing your own unique culture which will be planned and implemented by your side. Here, having a clear vision is the only way for your agency to differ from the others.
6. You can make as much money as you want
We all know that the costs of running a recruitment agency in the UK can be high. However, the profits can be even higher.
One of the major advantages of making this leap forward is the fact that you are not limited to a salary. If you are a good recruiter, you can make lots of money and take advantage of the constant need for talent in this industry. However, it is important to map your growth and plan out everything upfront to be able to make money online aswell as offline.
7. You can narrow down to certain industries – or expand and cover them all
Last but not the least is the fact that recruitment offers tons of possibilities. Whether you want to narrow things down to certain industries (ex. offer real estate recruitment services) or expand and have as many recruitment categories as you want – everything can work to your needs and desires.
All that you need to start is a system that guarantees solid traffic from the job seeker side – and a pool of clients (companies interested in hiring) you can connect it to. Filling a specific niche has never been so easier – just like expanding and covering every corner on the market.
A Final Word
In the end, starting your recruitment business in the UK is definitely a step you should look forward to. However, recruitment is not as easy as it may look on a first glance. If it was, there wouldn’t be any unemployment after all, right?
What matters is for you to find what you are good at, begin with that and start making placements in a smart way. You will soon learn that this profession is all about balancing your clients’ and contractors’ needs and having the knack for matching them successfully.
So, what are you waiting for? Is something stopping you from opening a recruitment agency in the UK? If yes, what?
Let us know in the comments!