Can I work Virtual?
The answer to this question depends to a great extent, on your niche or area of specialization. If you are placing individuals that need to be interviewed in person or tested, it is necessary to have an office. Most firms who place lower level positions i.e. light industrial temp workers, call center employees, … also have a physical office.
Technology has changed the way interviews are conducted with many being done by telephone, SKYPE or other online tools. This has allowed many recruiters to work virtual, which of course greatly reduces your overhead.
As a new business owner, I would advise you to work from home until you are profitable for at least 3-6 months before considering an office. Often an “executive suite” is an excellent choice because you are only renting one office but have use of a reception room, conference rooms, and give off the impression of a much larger company.
Often your local Chamber of Commerce offers free or very reasonable office space to new business owners. The last thing you want to do is sign a long-term lease before you have proved your ability to succeed in the Staffing and Recruiting Profession.