Admin Can Make or Break an Agency – the DANGERS of using traditional finance vs Quba Solutions
“Know your Apples from your Onions!” What can go wrong for your agency from using a traditional factoring solution? We are asked all the time, what do we do that factoring doesn’t? What are the differences? Well strap in, because here are some pretty important things to consider, all of them pointing to the age-old […]
What is Your Nightmare Client COSTING You?
Running a successful business doesn’t just rely on your ability to win new work and new clients; it relies on dropping clients too. Letting go of work may sound counter intuitive, but it is so often a fundamental key to a business’ success. You wouldn’t believe how many customers we’ve seen running temp desks at […]
When to transfer funding provider
If your contract is coming up for renewal in the next six months and you're debating whether to transfer from your current funding provider, here are a few key elements that are worth considering with serious thought.
Recruitment funding: Factoring vs Discounting?
There are many finance options available to small businesses, it can be a little over-whelming and on the face of it, can seem complicated. Recruitment agencies tend to have two main options for funding the temp element of a business: invoice factoring and invoice discounting.
Keeping on top of cash flow
Many recruitment businesses fail not because their business plan isn't sound or their consultants aren't good enough at bringing in the work, but because they fail to effectively regulate cash flow.
8 ways to increase cash flow
One of the biggest challenges of setting up and running your own recruitment businesses, particularly if you are going to be supplying temporary workers, is having enough cash.