Why Should You Start Your Own Recruitment Agency?
Over the years, we’ve written a lot on the pitfalls that new recruitment agencies often fall into and the problems that await if they’re not prepared.
Of course, this is only one side of the question, and it’s worth taking a proper look at the answers to the question: why should you start your own recruitment agency?
Seeing the Perfect Opportunity
One that gets overlooked a lot is that, sometimes, you see a gap in the market just as it opens up. While established agencies can try expanding to fill these gaps, a specialist agency focused on that niche will often earn the trust of the companies in the industry faster because it caters directly to them.
Recruiters starting their agency around the perfect opportunity usually have to move fast, and we’re often called to help them get up to speed as quickly as possible.
Moving with the Times
Not every business can survive forever. Sometimes you’ll find yourself working for an agency whose days are numbered. Maybe it’s poor management, but for some agencies the problem is Directors who won’t respond to changes in the industry they serve – and that can be as bad for a recruitment agency as it was for video rental stores.
If the agency you’re with won’t change, it can be time for you to change instead, creating your own lifeboat. Because it becomes your ticket to safety, you’ll want to make sure you have all the support you can for it.
A New Name is a Clean Start
Sometimes, through no fault of your own, you can find yourself working for an agency which develops a bad reputation. Maybe their financing arrangements failed or another employee violated confidentiality, or perhaps the Directors should have followed our security advice.
Whatever the case, working for an agency whose name is mud can really hurt your ability to win trust – and contracts – from prospective clients. Making a clean break might be the best possible career move, so long as you have the safeguards in place to avoid making the same mistakes.
Perhaps the agency you’re with and you disagree on time management, procedures, or basic operating philosophy. When that’s the case, it rapidly becomes a comfort issue to continue working with them, and the best way to make sure your new employer sees eye to eye with you on everything is to be your new employer.
Before you rush off, though, take the time to make sure that the clashes you have with your agency aren’t on compliance or financing issues where there aren’t viable alternatives, or you won’t actually escape anything.
TBOS have supported recruitment agencies started for all of these reasons and more, and we’ve always been happy to help new start-ups make sure their plan is viable.