New poster here! (please be gentle ), I've been a long time lurker on this forum and quite impressed with the quality and quantity of information that has been provided by various posters. So it is with is that I'm asking for any advise or information that you may have. I'm thinking sometime in the near future (within the next 18 months) of possibly opening a staffing company (much like a Manpower or StaffMark) and was wondering if anyone here might have any insight or known resource information that you might provided in reference to this area! Again, I haven't researched it much but thought that this might be a good starting point for resources since I've seen what a plethora of information you the posters have provided in the past on various subjects. Again thanks in advace for your input.
If you're still in the germination stage I recommend roaming through amazon.com, where for example you'll see this: Start Your Own Staffing Service http://www.amazon.com/gp/product/1891984837/qid=1135908348/sr=8-1/ref=sr_8_xs_ap_i1_xgl14/102-2327675-1122569?n=507846&s=books&v=glance It's not sexy, but it looks like it might be solid for basic literacy and perspective. Hey, it's ten bucks. And notice that it has an appendix on Staffing Service Resources.
My Uncle owned three in NYC. You need to have A LOT of $$$ upfront to pay the temps. Do not count on getting paid from the co's right away either - my uncle usually got paid at the 90 day mark. Worker's comp, unemployment insurance - these can become headaches. For example - employee X is awful and no one wants him or her at their firm. He or She calls in every day to say they are "available" for work and yet you can't send X anywhere. The staffing co still has to pay X's unimployment insurance (I think). It's not a lot, but it can add up. You will need a great salesperson.
Gtobin, thanks for the info and insight! I should also clarify that what I'm thinking isn't necessary a "temp" service, it will be a stafffing/recruiting company to place personnel in jobs that are for government contracted positions. Again thanks for the info!
