Owning an employment agency is just a dream

Starmix

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• Mar 15, 2024

• #1

Owning an employment local, national, or international is a very lucrative and dignified job and this happens only to a millionaire capitalist. I went to POEA to inquire about licencing of this and I was so stunned. Show money at least 4 million pesos is required, so I backout. Another requirement is the connection abroad. I must have a direct agency abroad to supply them with qualified employees. Sigh!

 

nomad

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• Mar 15, 2024

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In my home country, you don't need a lot of money to start an employment agency, however, the running cost can be really high. Business registration cost is not much here.

 

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Stardom22

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• Mar 16, 2024

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In my country the business of owning employment urgency is highly capital intensive. One must register companies and get licences from a couple number of governing bodies for that matter.

 

Starmix

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• Mar 16, 2024

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• #4

Indeed, it's hard to operate an employment agency. There are many requirements and the most is the huge show money in millions. Those who run an employment agency are wealthy.

 

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Springtime

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• Mar 21, 2024

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In my place, owning an employment agency does not have many requirements other than business registration. have seen some agencies which hire only a few people. Their competitive advantage is connection in the market.

 

Starmix

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• Mar 21, 2024

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• #6

it is different in my country, there are so many requirements. I learned it the time, I approached the commissioner for my intention. I do not have millions to prove my worth. I backout.

 

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Ratine

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• Aug 10, 2024

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For me l think that is a very great business idea. It's very capital intensive as one needs to have so much money on the bank accounts for them to continue with that business.

 

Starmix

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• Aug 10, 2024

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We have to do business only with what we have on hand. We can start with a small business.

 

eldavis

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• Aug 11, 2024

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Over here I don't think you need to have that much to run an employment agency, cause I have seen a lot of them around.

 

Shavkat

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In our country, these employment agencies are receiving money from the applicants and from the employers who will hire them. I must say that they are two faces when it comes to collecting money on both parties.

 

Starmix

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• Aug 11, 2024

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• #11

It's my dream business but it requires huge bond and capital. Well, anyways I already have my business.

 

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King Belieal

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• Sep 30, 2024

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I don't want to have this kind of business. The risks associated to it is just too much for me to be able to handle.

 

Starmix

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• Oct 2, 2024

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• #13

I like this business but there are many requirements to comply. It takes eternal to comply them. I better forget this.