Recruitment Business

Business Idea: Start A Recruitment Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$333K
Avg Startup Costs
$18K
Score
76
Market Size
Avg Revenue
Min Revenue
$5.14K/month
Max Revenue
$1.5M/month
Avg Days To Build
135 days

Struggling to find top talent for your company? Starting a recruitment business can bridge that gap. A recruitment business matches employers with the best candidates for their job openings.

The process begins with understanding the client’s hiring needs. Then, you source and screen candidates using various tools and platforms. This involves skills in networking, interviewing, and negotiating contracts.

Recruitment businesses are essential in today's competitive job market, helping companies save time and resources while ensuring a good fit for both employers and employees. If you enjoy helping people find the right job and have a knack for matchmaking, this could be a rewarding venture.

Revenue & Profitability

How much do recruitment businesses make?

Startup Costs

How much does it cost to start a recruitment business?

  • It can cost as low as $250 to start a recruitment business.
  • It can cost as high as $1,000,000 to start a recruitment business.

Learn more about the costs of a recruitment business.

Examples Of Successful Recruitment Businesses

Successful recruitment business businesses and case studies

Hungarian founder Gergo created Lensa, an AI-powered job search platform that focuses on improving the hiring process and career marketplace, achieving a 12% increase in revenue from the previous year, reaching a total of 22 million in revenue and 6 million new subscribers in 2022.

$1.5M Monthly Revenue
$350K Startup Costs
Read by 2,975 founders

Virtual Latinos is a win-win-win situation platform connecting entrepreneurs and business owners with top pre-vetted talent from Latin America while helping fellow Latinos find jobs with an average salary two to four times higher than in their home countries.

$350K Monthly Revenue
$28K Startup Costs
Read by 5,971 founders

See full list of successful recruitment businesses.