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Day one is one client, one contract and somewhere to keep candidates straight. The standard tool stack bills $3,780 a year before any fee lands, so here is what each line costs, when the first fee arrives, and the path that costs nothing.
A first recruiting fee needs a signed agreement and a W-9, not an LLC and not insurance. The number that bites on a $26,000 fee is the 15.3% self-employment tax, so here is an order of operations that puts each cost after the money that pays for it.
An agency year teaches you the agency's terms; the craft you already have from in-house. Here are the four things contingency work adds, each run through a $120,000 placement, and where the clients come from when you have none.
Eight years in-house, five months of applications and nothing back. Going independent is realistic if you price it as placement income, and the client book is the one part of the trade you can rent.