About Startup Costs
The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.
Business At A Glance
Elderly Employment Agency
Startup Costs: $2,000 - $10,000
About
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? No
Online Operation? No
Help skilled and experienced seniors find jobs that suit their talents.
Business Overview
Ask any older person seeking employment what the most difficult challenge they face is and, 9 times out of 10, the responses will be their age. Opening an employment agency geared toward helping aging members of our society find gainful employment may just be your opportunity to build a successful and profitable business. No special training or education can replace good, old-fashioned experience, and this can be your most powerful marketing tool for recruiting small business and corporations to become clients and post job openings within their firms suitable for elderly people with your agency. There are two methods for generating revenue for this type of business. The first is to charge would-be employers a fee to post a job listing and for you to find a suitable candidate to fill the job. The second option is to charge the person seeking employment a fee when employment is gained through the efforts of your agency. Additionally, you'll also want to consider specialization in terms of the types of industries your agency will work in. Choices include a temporary work placement agency, high-level executive recruitment, tourism and hospitality, and just bout any other industry wherein the needs of the employer can be suitably matched with an aging employee.
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About Startup Costs
The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.
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About costs
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