For 12 years my client and friend has run a successful and growing recruitment business as a sole proprietor. In the 11th year there was the GFC and the business was very tough, especially after a senior staff member left and endeavored to take the clients she had been given to work on with her. It took great effort to retain all but one client. Finally came a significant bad debt. It was all very draining for a sole proprietor.

Unexpectedly an alternative arose that meant a regular income at the level of the previous good years, so the decision was made to close the business and pursue the other alternative as an employee.

However because all the necessary systems, forms and procedures had been developed to the high standard required to gain Quality Accreditation we thought these could be of enormous use to someone seeking to set up their own recruitment business. They are completely current as the business traded until early this year.

Information Memorandum for back office packages

 

Why you need to do it?

• Behind every successful business there is a sound back office, as you have no doubt experienced.
• To reduce your risk you need to start with a back office set up

Why do it yourself?

• Why do it yourself when an investment will see you working with an established database, procedures, forms and terms of business.
• Don't pay to purchase a franchise - start yourself and watch your business grow as the economy recovers.
• Why work in the business when you can work on it using a proven platform?
• As a purchaser of a HR National franchise, you will need to be able to support yourself for 3-6 months until billing sufficiently to cover costs. This way, the budding entrepreneur doesn't have ongoing costs - just their time and an office somewhere.

What do you get?

• All based upon a successful recruitment business established 12 years.
• Until January 2010, the business was ISO accredited to 9001:2008 so you can be sure of the quality of the systems and procedures
• Systems and procedures already established with soft copy of forms and procedures available for immediate start.

Procedures

Procedures take the form of flowcharts and also form part of the Employee Handbook. Forms had been developed for all aspects of recruitment including:

• Telephone screening template
• Temp interview and registration of candidate form
• Perm interview and registration of candidate form
• Reference checking template
• Flowcharts for entry of candidate information onto the database
• Terms of business - temporary and permanent recruitment
• Advertising examples - extensive.
• Processing of invoices - and break down of advertising per role.
• Candidate telephone screen form
• OH&S documentation including soft copy candidate handbook
• After sales evaluation for clients
• After sales evaluation for candidates
• Privacy policy for candidate agreement and sign off
• OH&S policy for candidate agreement and sign off
• Confidentiality agreement and referee permission for candidate sign off
• Temporary employment contract (pre Fair Work Australia)
• Temporary staff time sheet
• Candidate interview notes pro forma
• Workplace behaviour for candidate agreement and sign off
• Email and internet usage while on assignment - for candidate agreement and sign off
• Staff employment contract
• Staff appraisal form
• Induction schedule for new staff
• Training schedule for new staff
• Training evaluation form
• Employee handbook (pre-Fair Work Australia) for internal staff

Fasttrack

The entries are not just names and addresses but a full record of past activity with any given client with a full record of permanent and temporary placements made since 2003.

Website

Still up and available for modification (original cost approx $5500.00) – confirmed with original designers who hold source documents.

Hardware

• 4 licenses of Fasttrack database 6.0.0.
• 1 license - fully owned of Skillcheck - software and skills testing for candidates.
• 1 license - fully owned of Genesys - software for Psychometric testing of candidates.
• Testing can be run off a lap top.

Data bases

• Database holds 1100 entries of which 120 were active billing clients.

Opportunity

Now that the GFC is becoming a distant memory, the economy is turning around and employers have increasing confidence in the market to shore up any concerns about new hires.  Temp recruitment is continuing to be somewhat flat however, activity in this area should increase after the end of the financial year when new budgets may allow for casual recruitment.  In addition, the Hudson Report : Employer Expectations indicates that overall there is an increase in hiring intentions across all employment sectors

 

Complete front and back office plus database

So right from the start you can concentrate on working on the business rather than in it. Right from the start you can concentrate on what you are good at, selling and recruitment, and all the time making money. For yourself!

The complete package includes:

• a Fasttrack license
• Testing and psych testing
• all forms/procedures, flowcharts
• website access
• the recent client and candidate databases

Price $40,000 plus GST

 

Standard complete back office and database

Saves the volume of time involved in developing all the back office material allowing you to concentrate on working on the business, rather than in it, with a ready to go database.

The package includes:

• a Fasttrack license
• all forms/procedures, flowcharts
• the recent client and candidate databases

 Price $27.5K plus GST

 

Standard complete back office

Saves the volume of time involved in developing all the back office material allowing you to concentrate on working on the business rather than in it.

The package includes:

• a Fasttrack license
• all forms/procedures, flowcharts

 Price $20K plus GST

 

Back office plus database

Could also suit a management consultancy that does some hiring

The package includes:

• all forms/procedures, flowcharts
• the recent client and candidate databases

 Price $15K plus GST

 

Next steps

Having read the Information Memorandum, consider whether any of the packages or of interest to you.

If so contact us by email, preferably having signed and attached the Confidentiality Memorandum,
giving me Peter Read, at peter@readconsulting.com.au, your contact details.

I will then get in touch to arrange to introduce you to the Principal who will be able to answer all your questions.