Photo - HR Network Club
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HR Network Club

remote team - tech recruitment agency

Ukraine, Kyiv city
Market: Consulting, Services
Stage of the project: Operating business

Date of last change: 30.03.2020
Sale price
$  400.000
share to sell
100%
Rating
equalizer from 1000
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Does the enterprise work?

Yes

Idea

HR Network Club is a full cycle recruitment for IT Companies:
- Personal HR Manager with team of recruiters
- market study of salaries
- work progress reports
- presentations of company, team, project and vacancy
- primary screening of candidates
- scheduling of interview, follow ups, reminders
- working 24/7

Current Status

Actively working.
On hands 20 active contract. And more contract under signature.

Annual sales, $

140000

Annual net income, $

100000

Organizational form

Private Entreprenuership (FOP )

Problem or Opportunity

IT Companies outsourcing recruitment services for several reasons:
- to fulfill vacancy ASAP
- they don't have in house recruiters
- they don't have experience in the market
- they find outsource recruiters cost effective

Solution (product or service)

- we provide a dedicated team of tech recruiters with personal HR Manager
- available 24/7
- payment only upon success

Competitors

Indigo
RelocateME

Advantages or differentiators

- we have our own corporate training for IT Recruiters. all training materials are documented
- our team is mobile and available 24/7
- we design presentations for our clients
- we have transparency on work progress: providing weekly reports
- we follow up closely with candidates about test, interviews, feedbacks
- we send reminders to clients and candidates
- we assist in negotiations
- we provide free salary studies
- we can always create a new team, if volume of vacancies increased: we promote the best recruiter to HR Manager, he/she gets trained (training materials are documented), creates a new team of recruiters.

Finance

no expenses, unless AWS hosting for website and tax on income.
All our team is working for success fee only

Business model

Our clients pay:
15% from yearly rate gross for successfully hired candidate
80% payable on the first working day
20% after probation period

Our team gets:
50% from 1 month salary payable to HR Manager
26% from 1 month salary payable to recruiter, who found candidate
6% from 1 month salary payable to recruiter who worked in pair

Reason for sale

we want to develop new projects (not related to tech recruitment ) and reinvest money from sale.

Market

we provide search and selection of personnel for IT Companies from USA, Europe, UK, Asia, Middle East

Team or Management

Risks

the business will not work if you don't do marketing in social media and you stop doing sales.
the business will not work if you don't maintain relationship with existing customers.

Product Video

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Does the enterprise work?
Idea
Current Status
Annual sales, $
Annual net income, $
Type of property
Property and assets
Organizational form
Number of employees
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Business model
Reason for sale
Market
Team or Management
Risks
Invention/Patent
Product Video