Job Consultancy Looking for Expansion on Pan India Level

Job consulting Business. Funding will be used to get a bigger setup and to increase employees. Repayment will be disbursed according to lender terms.

BUSINESS MODEL:

The Business:

We are a global and professional services firm which specializes in enhancing organizational performance by partnership approach, integrated and innovative use of technology and flexible delivery model. We will try to reduce the unemployment problem by bridging the gap between employers and job-seekers. We will provide manpower to different clients.

Market Penetration:

• Provide our clients with quality candidates
• Meet client‘s requirements on time
• Work with mid-cap companies for bulk hiring using local network in the beginning
• Capture top clients to meet their needs
• Work with team constantly to increase output
• Client servicing will be the topmost priority

Revenue projection:

• No. of employees: 2
• Successful conversion per day: 2
• Total working days per month: 24 days
• Total conversion per month: 48
• A-type clients like Dell, Iyogi pays around 20,000-30,000 per conversion. Average revenue earned = 20,000 * 48 = 9,60,000
• B-type clients like Wipro, Convergys pays around 10,000-20,000. Average revenue earned = 10,000 * 48 = 4,80,000
• C-type clients like Vodafone, Airtel pays around 5000-10,000. Average revenue earned = 5000 * 48 = 2,40,000
• If conversion reduces to half,
o Average revenue for A-type client will be 4,80,000
o Average revenue for B-type client will be 2,40,000
o Average revenue for C-type will be 1,20,000
• If conversion reduces to one-third,
o Average revenue for A-type client will be 3,20,000
o Average revenue for B-type client will be 1,60,000
o Average revenue for C-type client will be 80,000

Future of the business:

• Consulting will be the prime business for generating revenue
• Increase workforce to get new business and also to cater to the needs of the business
• To get a big office and to acquire clients
• Training to be included to the prospects as part of the business
• Setup a user-friendly website
• We will work on a PAN India model

Statement of purpose:

This business plan is written to secure a financing in the amount of Rs.300000, which will cover the following costs:
• Rs. 80,000 for initial setup
• Rs. 2,20,000 in operating capital
Revenue generation will start from the fifth month. Repayment will start from the fifth month and will be disbursed according to lender terms. Funds will play a crucial role in sustaining the business as the client base grows, and will allow the business to become self-sufficient by the beginning of year two. We will take a minimum of 18 months to repay the complete loan.

The job consultancy industry is all about good networking. There are a lot of consultants working and all of them are earning. We will also be a small part of the industry. We are a group of two people working for this project. We have an indepth experience about this industry. We are working in a small setup and we want to make it big. We have prospective clients out of our natural market.

we can definitely sustain in the market as we will constantly bring about changes to the work process. The right approach with the right minds play a vital role in the success and we are upto it. Our success mantra will be completely different.

Unemployment has always been a problem. We will work to reduce this problem. We are the job consultants and we place right people in the right organisation. Once an attrition happens, a vacancy is created and we come in handy here. There will always be a demand for candidates and we will supply the same.

We get paid from the company for each and every placement and the payment comes to around 1 month salary of the candidate. The more candidates we provide, the more revenue we generate.

There are many consulting companies working in the market as of now and all of them are making money. This business hardly fails. With experience, it can really grow up the ladder.

We are a group of two people, one has an indepth knowledge of IT hiring and the other one has a good knowledge of the bpo sector. We both can work it out together.

This business plan is written to secure a financing in the amount of Rs.300000, which will cover the following costs:
Rs. 80,000 for initial setup
Rs. 2,20,000 in operating capital

1-2 rounds of funding is good to go.

The overall loan amount would be around 3 lacs and the expected payback period would be 18 months.

Repayment will start from the fifth month and will be disbursed according to lender terms.

It is the investor's choice whether he/she wants to take an active part.