Hi,
I am planning to start my own job consultancy. Can anyone help and guide me in this regard and tell me what all needs to be done to start with a job consultancy and how can I get companies' HR contacts? What are the legal requirements?
Please help!!!!!!
From India, Chandigarh
Acknowledge(0)
Amend(0)
2I am planning to start my own job consultancy. Can anyone help and guide me in this regard and tell me what all needs to be done to start with a job consultancy and how can I get companies' HR contacts? What are the legal requirements?
Please help!!!!!!
From India, Chandigarh
Acknowledge(0)Amend(0)
Dear Parminder
Hope this info might be useful for you
Process
1. Decide a name for your company: Deciding name for the company is very important as this is the brand for which you will be working for the rest of your life. You should like the name and you should be able to relate yourself to the company.
2. Buy a domain name: You should buy a domain name for your company. Its compulsory because no body would trust a company who doesn’t have a good website and domain name is very important for having a website.
3. Get your website Designed and Hosted: Next step is to get yourself a professional website design for your company.
4. Choose the type of company you want to open:
Deciding which type of company you want to open is something which you have to do. There are 4 types of company which you can form in India.
• Sole Proprietorship : A sole proprietorship also known as a sole trader, or simply proprietorship is a type of business entity which is owned and run by one individual and where there is no legal distinction between the owner and the business. All profits and all losses accrue to the owner . All assets of the business are owned by the proprietor and all debts of the business are his debts and he must pay them from his personal resources
• Partnership: A partnership is a type of business entity in which partners (owners) share with each other the profits or losses of the business. Partnerships are often favored over corporations for taxation purposes, as the partnership structure does not generally incur a tax on profits before it is distributed to the partners
• Private Limited: A private company is a type of company incorporated under the India. It has shareholders with limited liability and its shares may not be offered to the general public, unlike those of public limited companies
• Public Limited: A public limited company is a type of limited company in the India which is permitted to offer its shares to the public.
5. Starting as a sole proprietorship firm: If you are starting alone i recommend you to start as a sole proprietor, because its easy to start and total control is in your hands. There are not much formalities for this kind of firm, you just have to get a current account ready in your name and you are ready to do business. However, if you company turnover reaches 10 lakhs per year, you will have to register for service tax.
6. Open a current account in any Bank: Opening a current account is the most important part of business. If you are opening a sole proprietership firm and have your service tax registration done, you can open account in any bank you want. But if you have not applied for service tax registration, you can opt for government banks to open the account. You can look for IDBI bank as opening current account is quite easy in that bank. For opening a current account you will need a company letterhead, Visiting card, and company stamp.
7. Buy naukri or monster login: You have to buy naukri or monster login to supply candidates to your clients. This is the costly part of consultancy business but you have to buy this to get started. Naukri login costs around Rs. 1 Lacs for 12 month.
You can buy it anytime but i recommend you to buy it once you get your first client. Don’t forget to negotiate as who knows you can get a better deal.
8. You are ready to do the business. Just go ahead and start searching for clients.
Please feel free to contact me at for any of ur queries,
i would be glad to guide you with the process..
Cheers
Acknowledge(0)Amend(0)
Hope this info might be useful for you
Process
1. Decide a name for your company: Deciding name for the company is very important as this is the brand for which you will be working for the rest of your life. You should like the name and you should be able to relate yourself to the company.
2. Buy a domain name: You should buy a domain name for your company. Its compulsory because no body would trust a company who doesn’t have a good website and domain name is very important for having a website.
3. Get your website Designed and Hosted: Next step is to get yourself a professional website design for your company.
4. Choose the type of company you want to open:
Deciding which type of company you want to open is something which you have to do. There are 4 types of company which you can form in India.
• Sole Proprietorship : A sole proprietorship also known as a sole trader, or simply proprietorship is a type of business entity which is owned and run by one individual and where there is no legal distinction between the owner and the business. All profits and all losses accrue to the owner . All assets of the business are owned by the proprietor and all debts of the business are his debts and he must pay them from his personal resources
• Partnership: A partnership is a type of business entity in which partners (owners) share with each other the profits or losses of the business. Partnerships are often favored over corporations for taxation purposes, as the partnership structure does not generally incur a tax on profits before it is distributed to the partners
• Private Limited: A private company is a type of company incorporated under the India. It has shareholders with limited liability and its shares may not be offered to the general public, unlike those of public limited companies
• Public Limited: A public limited company is a type of limited company in the India which is permitted to offer its shares to the public.
5. Starting as a sole proprietorship firm: If you are starting alone i recommend you to start as a sole proprietor, because its easy to start and total control is in your hands. There are not much formalities for this kind of firm, you just have to get a current account ready in your name and you are ready to do business. However, if you company turnover reaches 10 lakhs per year, you will have to register for service tax.
6. Open a current account in any Bank: Opening a current account is the most important part of business. If you are opening a sole proprietership firm and have your service tax registration done, you can open account in any bank you want. But if you have not applied for service tax registration, you can opt for government banks to open the account. You can look for IDBI bank as opening current account is quite easy in that bank. For opening a current account you will need a company letterhead, Visiting card, and company stamp.
7. Buy naukri or monster login: You have to buy naukri or monster login to supply candidates to your clients. This is the costly part of consultancy business but you have to buy this to get started. Naukri login costs around Rs. 1 Lacs for 12 month.
You can buy it anytime but i recommend you to buy it once you get your first client. Don’t forget to negotiate as who knows you can get a better deal.
8. You are ready to do the business. Just go ahead and start searching for clients.
Please feel free to contact me at for any of ur queries,
i would be glad to guide you with the process..
Cheers
Acknowledge(0)Amend(0)
Thanks for ur reply sir. I want to ask u is there any license reqd to start. And plz tell me the trustable company name where we can buy a domain name and website hosting?
From India, Chandigarh
Acknowledge(0)Amend(0)
From India, Chandigarh
Acknowledge(0)Amend(0)
Dear Parminder,
Greetings of the Day.
Firstly, you have to do homework for the first three steps and then proceed to the 4th step. You can do it yourself or seek help from any of the following consultants:
- Company Registration Consultants in Chandigarh, India | Justdial
- For web registration and hosting, you can refer to the following links:
(Paid) [Search On Cite | Search On Google]
(Free for one year) Home
You may encounter some challenges at the initial stage, but these are all one-time activities. Therefore, start addressing each of them with proper homework and planning.
Thank you.
Acknowledge(0)Amend(0)
Greetings of the Day.
Firstly, you have to do homework for the first three steps and then proceed to the 4th step. You can do it yourself or seek help from any of the following consultants:
- Company Registration Consultants in Chandigarh, India | Justdial
- For web registration and hosting, you can refer to the following links:
(Paid) [Search On Cite | Search On Google]
(Free for one year) Home
You may encounter some challenges at the initial stage, but these are all one-time activities. Therefore, start addressing each of them with proper homework and planning.
Thank you.
Acknowledge(0)Amend(0)
Sir, i want to know registeration is compulsory when start, or license is reqd to start.if license needs then what is the procedure ? how can i grow the business,tell me the tips if possible
From India, Ludhiana
Acknowledge(0)Amend(0)
From India, Ludhiana
Acknowledge(0)Amend(0)
Dear Manpreet,
Greetings of the day.
The first step will be to register your company, whether it will be a proprietary or partnership firm. As long as it's proprietary, you can operate a current or savings account, which makes no difference.
A CA/Advocate will help you get your firm registered, as well as assist you with the service tax number. A CA can also provide information on tasks such as "maintaining books of accounts" and filing service taxes.
You also need to have a written annual contract with your clients to whom you will be providing manpower. Most clients will have a ready format that you need to legalize on stamp paper. In case the clients do not have a format, you need to create one detailing the payment terms.
Acknowledge(0)Amend(0)
Greetings of the day.
The first step will be to register your company, whether it will be a proprietary or partnership firm. As long as it's proprietary, you can operate a current or savings account, which makes no difference.
A CA/Advocate will help you get your firm registered, as well as assist you with the service tax number. A CA can also provide information on tasks such as "maintaining books of accounts" and filing service taxes.
You also need to have a written annual contract with your clients to whom you will be providing manpower. Most clients will have a ready format that you need to legalize on stamp paper. In case the clients do not have a format, you need to create one detailing the payment terms.
Acknowledge(0)Amend(0)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.