Executive Headhunter Business Plan, Marketing Plan, How To Guide, and Funding Directory
The Executive Headhunter Business Plan and Business Development toolkit features 18 different documents that you can use for capital raising or general business planning purposes. Our product line also features comprehensive information regarding to how to start an Executive Headhunter business. All business planning packages come with easy-to-use instructions so that you can reduce the time needed to create a professional business plan and presentation.
Your Business Planning Package will be immediately emailed to you after you make your purchase.
Product Specifications (please see images below):
- Bank/Investor Ready
- Complete Industry Research for the Industry
- 3 Year Excel Financial Model
- Business Plan (26 to 30 pages)
- Marketing Plan (24 to 28 pages)
- 425+ Page Funding Directory
- PowerPoint Presentation
- Loan Amortization and ROI Tools
- Three SWOT Analysis Templates
- How to Start a Business Guide
- Easy to Use Instructions
- All Documents Delivered in Word, Excel, and PowerPoint Format
- Meets SBA Requirements
In today’s labor market, there is an extensive amount of demand for specialization. This is especially true among executives that bring a unique set of skills not only as it relates to technical expertise but also for leadership as well. Many new startups are being created each day, and the demand for companies that can source C-level executives as well as highly experienced technical managers is significant. As such, executive headhunters have filled the space by being able to provide a service that sources appropriate candidates for specific job positions. The startup cost associated with this business is typically considered to be low given that the these businesses must only register themselves as an employment agency. Often, people that have extensive experience in the field of human resources management or employment agency management will start their own executive headhunting firm.
The startup costs associated with developing this type of business typically ranges anywhere from $50,000 to $200,000 depending on the size of the office, geographic location, and the number of leads that the business can pursue at the onset of operations. The gross margins generated from services is extremely high even that this is a service-based business. Usually, the fee for placing an executive within a specific position typically ranges anywhere from three months to twelve months of their starting salary to be paid by the employer. This can be a highly lucrative business for an individual or group of individuals that have extensive contacts with people that have managerial level experience or highly specific areas of expertise in a specific field.
An executive headhunter SWOT analysis should be produced in order to outline the strengths, weaknesses, opportunities, and threats that are faced by these companies on a day-to-day basis. As a relates to strengths, these businesses are always able to generate revenues given that certain companies are always going to need highly specialized people to fill certain positions. The barriers to entry are considered to be moderately low in the gross margins are very high.
For weaknesses, this is an extremely competitive field and there are a number of companies that engage in this type of activity not only for executive level employees but also for general employees as well. As such, the entrepreneur is going to need to develop a highly focused marketing campaign in order to target companies that will have the business place candidates with them but also to source qualified candidates for jobs.
For opportunities, these businesses tend to grow organically given an executive headhunter firm must develop a strong reputation over a significant period of time before they can expand. Growth usually occurs either through the acquisition of an existing employment agency that is already profitable or through the continued expansion of the company’s marketing campaign.
For threats, major economic recessions can curtail the amount of new positions are created in certain businesses. However, certain industries like technology and healthcare focus businesses remain profitable at all times. As such, and executive headhunter business can develop a niche within a certain industry in order to ensure that candidates are placed on an ongoing basis regardless of how the economy is doing.
An executive headhunter business plan should also be developed especially if the company is going to need capital from a third-party. This business plan should feature a three-year profit and loss statement, cash analysis, balance sheet, breakeven analysis, and business ratios page. A demographic analysis outlining the companies will be targeted as clients should be included as well over viewing the industry in which they operate, annual revenues, annual profits, and the number of executive level positions that are within the company. A second demographic analysis discussing the targeted job candidates should also be included.
An executive headhunter marketing plan should also be developed in order to ensure that the business cannot only receive request to find executives but also to increase the visibility among prospective job candidates. Foremost, a vast majority of these companies maintain expansive profiles on platforms like FaceBook and LinkedIn in order to ensure that they can be found quickly by their target audience. Many executive headhunters will also attend industry conferences and related gatherings in order to get contacts among prospective job candidates that can fill positions when required. The company’s proprietary website should showcase all positions that are currently being sought after as well as information about the business. In some cases, executive headhunters will take out large-scale advertisements in certain trade circulars and journals in order to ensure that people can be found very quickly when an executive level position is open and needs to be filled. It can be expected that the entrepreneur will spend at least 20% of their revenues on marketing activities not only for obtaining new clients but also for sourcing qualified job candidates for executive level positions.
As the economy becomes more specialized, the demand for executive headhunting services will increase given that companies want to be able to quickly sources many qualified job candidates as possible. For an individual has extensive experience in the field of human resources management, general business management, and employee agency management – this can be a highly lucrative small business that can rapidly grow into a much larger organization.