How To Start A Recruitment Business

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1 Networks 3R Expert Recruiter Platform

2 Respect Results Returns The 3R Partnership was created around three core values: Respect Respect for what you have achieved. To foster partnership, promote your background, and together help raise the recruitment industry bar. Results Giving you access to a proven, results driven, experienced advisory board to support you through every stage of your business growth. Returns Providing the best technical and educational platforms around, to ensure you have the ongoing training, advice and support you need to generate sustainable returns now, whilst creating a capital asset in the future.

3 Time and cost are the two key things that impede recruitment start-ups and prevent talented recruiters from taking the plunge. As a new business you will need to find a way to replicate the services that you took for granted in the corporate world. Seeking, establishing and managing these supplier relationships is both costly and time consuming. The decisions you take in the early days can have an enormous impact as your business matures. If you are thinking about starting your own recruitment business, Networks3R could be the ideal partner to eliminate the start-up stress and enable you to focus on revenue generation to enjoy a quick start with fast returns, for a low cost up-front investment, whilst protecting your equity. Building blocks to business success. The Networks 3R Expert Recruiter Platform gives you the following building blocks to success: Business planning A business plan should be aspirational and achievable. Working through our business plan will not only take you through some market analysis to help you discover your specialization, but also help you to define your short, medium and long term goals. This exercise will encourage you to consider your core values and together translate your story into a business brand you can be proud of. Here you can rely on an experienced group of people to bounce ideas off, celebrate your success and hold you accountable for achieving your goals. Company formation Networks 3R will advise you on the best way to launch your business, handling the incorporation of your Limited Company with articles of association and shareholder documentation. We will process your VAT, PAYE and Corporation Tax registrations on your behalf, saving you time and ensuring you are compliant and ready for business. Back office, funding, commercial and legal We have selected reliable back office, accounting and invoice discounting/factoring providers, to ensure you get the right cover and services at the right price. Our providers offer a free initial consultation on a variety of subjects including accounting, legal, insurance and M&A services. The 3R Support Team are continuously on hand to answer your questions. Having worked world-wide we understand how to help you do business not only locally but cross border, cross culture and cross all staffing disciplines (permanent, contract, temporary, executive, staffing).

4 Branding Networks 3R provides you with your own marketing agency, dedicated to delivering services purely within the recruitment profession. A brand identity that represents your values, your story and the services you provide is crucial to building and communicating with your audience. You will have the support of our marketing team to take you through the critical steps of creating and maintaining a brand you can be proud of. Your brand is carried across all media including your website, social media and additional marketing material and stationery collateral. Social media As an experienced recruiter you will be very aware of the power of networking, but equally conscious of how time consuming it can be. Yes, with the right management, social media is a fantastic and often free tool offering numerous networking opportunities. Social media is about representing your business to your client and candidate demographic and building these communities through the content you post, tweet, share and comment on. Let s attract the right audience and increase the potential of reaching your target market. We will educate you on multiple popular networks, turning these sources into a rich pool of talent, expanding your database and market reach. Website A website is your constant online voice, capturing the attention of your audience and demonstrating your competitive advantage. Its your 24 hour shop window allowing your business to attract and communicate with potential customers. Your website must contain important and fresh information, look appealing and function correctly to maximize its benefit. If done correctly, this can be a daunting task. With the help of our marketing team we will create a brief that brings your values, market and story to life. Database technology We have chosen our technology partners for a leading CRM solution that is scalable, flexible and attuned to your business. Our CRM seamlessly links to your website with a job board, social media feeds and tracking client and candidate interactions. Achieve maximum placements by transforming your database into an engagement engine. Increase your candidate attraction rate by over 40% directly through your own website. CVs, covering s and LinkedIn profiles go straight into your database, so you can be the first to snap up talent. Keep your database active and engaged with personalised job alerts and mail campaigns. Increase placement opportunities by reaching passive candidates before the competition. Keep data up-to-date and active by managing all your jobs and adverts with one easy to use applicant tracking system, including intelligent matching and full workflow functionality. Our user friendly CRM allows you to see at a glance how your business is performing, with detailed reports on your recruitment KPIs and sales activities.

5 Recruitment community One of the biggest challenges for a new recruiter or recruitment start-up is to remain focussed and dedicated to your niche, with diverse client requirements. This can be an opportunity and a threat to the focused SME recruitment business. Taking on too much diversity is where the problems begin. When you join Networks 3R you will join a community of SME recruiters through our business sharing platforms, where you can refer business to functional specialists. This puts you in a solid position to receive business in return, increasing your revenue and allowing you to share best practice with your peer group. You can join this network comprising fellow recruitment owners who in the last 12 months generated more than 800k is split/shared fees. We run regular national meetings with other SMEs and start-up recruitment owners in a similar position to you. Ongoing mentoring and board support Networks 3R gives you a business guru in a box, by providing ongoing advice, guidance and counsel to our owners. You have access to the entire 3R Team for ongoing support and those with larger businesses have the option to upgrade to the 3R Inside Non-Executive Director package to get you and your senior team where you want to be. Our Team have launched and scaled over 150 recruitment companies in more than 30 countries. Wherever your goals the Board of Networks 3R have firsthand experience having invested in, bought, sold and advised recruitment business transactions, including acquisitions; disposals and attracting investment. Recruitment and sales training Networks 3R Launch Pad (aimed at non recruitment industry professionals) offers a complete face-to-face recruitment training program for new owners, with a full training and operations manual to get them started. This training is also beneficial to recruiters who want to refresh their skills or train their consultants. As your business grows and you hire staff we have a suite of globally attested training platforms and modules you can invest in: taking your staff from graduate and rookie recruiter, through the sales, management, team leader, account management routes, not only maximizing their performance but assisting with motivation and staff retention.

6 How does it work? Unlike some other start-up businesses, we don t take equity. Neither do we insist on a percentage of sales turnover or margin. Both of these factors being easy negotiation leverage in the early stages of your business, and both have the potential to become the most costly mistakes you will ever make. The Networks 3R Experienced Recruiter Platform is a simple, straightforward model where you pay an initial fee for our start-up platform and then an ongoing monthly subscription for continued advice and support services. And we don t insist on you signing a lengthy contract. You can upgrade, downgrade or cancel your subscription according to your business needs. If you would like to find out more about more, please just give us a call. Liz Kilford Managing Director, Networks 3R lkilford@networks3r.com

7 Testimonials When I started my own business, I knew what I wanted to do but I didn t have a clue where to start, or who to ask for advice. Thanks to the highly valuable support of the 3R team and their great tools, I had everything in place within a few days. I could simply focus on my core business from the very beginning, without the hassle of having to deal with setting up a professional webpage or arranging legal support. And this saved me time and money. Their deep industry experience and wide network of connections helped me fast track my growth through a better understanding of the needs of my clients. Although I am running my business alone, I still feel that I am part of a great team who are always there for me regardless whether I need help or just want to share my success. Eszter Fodor, Kaizen Recruit, London At the end of 2014 I was looking at ways to start my own recruitment company when I came across Networks3R. I was impressed with the set up and what they could offer me as a new start up. I had only ever worked at the front end of recruitment with a boutique, but was not really sure how to go about setting up the company myself and especially wanted help in designing a professional looking brand and website from scratch. The team at 3R helped me with all my back office support from designing my logo and webpage to sorting out the paperwork to things up and running leaving me with the time to concentrate on building up the business. Without their knowledge and expertise I am pretty sure I would still be sitting in the planning and development stage of my business. Ian Gaiger, Focus Finance, London Networks3R have given me a new lease of life! They ve helped me from going mad organizing my own business, website, database, accounting and more. It really allows me to focus on the important stuff like my clients and candidates and placements! I ve already shared business with the network and their ongoing support helps me ensure I am never alone. I ve hired an additional person now and my business is taking off! Fiona Rosskopp, Germany

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