If you’ve decided you want to combine working from home with your love of technology and aptitude for entrepreneurship, a growing online industry is the running of a virtual recruitment agency.

Even if the UK is in depression, there are still many jobs available to apply for and with the global aspect of the internet meaning that jobs can be viewed and applied for by anyone in any country, now is an excellent time to look at owning a recruitment website.

There will be the need to do some behind the scenes planning and be organised for when you launch, but that’s par for the course for any new business.

Start with the nuts and bolts of owning a business and register with HMRC as self-employed. You won’t necessarily need an accountant but start to keep all receipts and emails regarding the business costs. At this stage look at the issue of liability insurance; an important aspect for anyone acting in any kind of consultancy environment or working with clients with expectations.

You will need to choose a business name and then look to buy a domain name. Take time to make the right choice as you want those who are recruiting as well as candidates to be able to remember your name and the URL of your website.

Find somewhere you can work which is quiet and it’s easy to keep your paperwork organised. Use a dedicated space at home if possible, but if there isn’t anywhere you can call your own, consider a coffee shop; a popular place for entrepreneurs to use as a business base for weeks, months or in some cases – years.

To run an online recruitment agency, there will obviously be the need for a website. If you have the skills to build one, then this will save time and money. Ensure that you thoroughly research other recruitment websites to look at the competition, the design and the terminology being used. If you aren’t experienced in web building, save money by looking at tutorials for Word Press or if the budget allows, look to buy in the experience of someone who can do the job as a freelancer. There will also be the decision to be made as to who will manage the website after the business is launched as it will quickly become a time consuming part of the business as it grows.

Choose the target market to offer vacancies in. Will you be advertising general vacancies for the UK? Or jobs from around the world? Perhaps think about advertising specific industries such as retail, hospitality or engineering. The IT market would be a natural choice for anyone who is passionate about technology.

You will also need software to be able to list jobs, receive applications, store candidate CV’s and manage the removal of vacancies. Companies such as Darwin can talk through your needs and will be able to help advise the best software features and package suitable for a start-up business.

To be able to advertise jobs, there will be a need to find clients. There are a large number of recruitment agencies which operate as scraper sites – purely advertising jobs already available on other sites. With changes in Google algorithms, these sites are quickly disappearing due to their low quality, so it’s about rolling up your sleeves and marketing yourself to your target audience of those companies who are recruiting and candidates looking for work.

Your working day will be a combination of talking to clients, chatting to candidates and working on the website so you’ll need excellent communication skills to run this kind of business. Marketing will be a crucial element of the business plan to get your name known and there will be the need to research and implement an SEO strategy to ensure online exposure through the search engines.

Owning an online recruitment business is hard work but a very rewarding one. It’s a trending area at the moment within ecommerce so as long as the initial groundwork is put in, then it won’t be long before you have a number of clients who use the site to advertise through, candidates who register their CV on the database and the traffic statistics growing as more people use and trust your recruitment agency to find them their next job.