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 […]
More Women Are Starting Businesses Than Ever Before
Last year, according to the Times, an all-time high of 145,200 new businesses were started by female entrepreneurs. Although women-led businesses still only account for 17% of all UK business, the number is on the rise. Across the UK, a growing percentage of high-growth scale ups are being led by women; acknowledging and celebrating this […]
Frequently Asked Questions: Transferring Funding Providers
Why would you change funding providers? There are a few reasons that you may consider switching your current funding provider, here are some of the main ones: Your current deal is not cost effective. It’s no secret that you need to pay your invoice finance provider for their services with a percentage of each invoice […]
What are the steps in between you and setting up your Recruitment Company?
2022 promises to be another incredible year for the recruitment industry, and the trend of recruiters setting up on their own to capitalise on the booming market is continuing. It can seem daunting, the prospect of setting up your own company. But it needn’t. If you are an established recruiter right now, you already have […]
Making Your Customers Successful is What Drives Your Success
It’s always important to take a moment at this stage of the year to look back upon what has been achieved – are you where you wanted to be? What went wrong? What went right? Are you headed in the direction you want to be headed in? It’s time to check your compass. We are […]
Does your Funding Provider Actually Understand your Business?
We have plenty of options in the recruitment world for all of our service providers, in most cases. Most funding providers out there in the market offer traditional finance solutions – they simply fund companies and generally have an outdated, often very rigid approach in doing so. We hear stories all the time of the […]
Understanding debt and how it’s crucial to running a successful recruitment business
Here are a few of our key factors that are absolutely essential in reducing your exposure to debt and managing its performance.
Starting a recruitment business, your best decision yet…
If you're working in the recruitment industry and are a successful consultant, the chances are at some point you will have asked yourself the question, what would it be like to run my own agency?
What does a recruitment agency business plan look like?
A start up recruitment business plan is very much a document to demonstrate to others the path of your future business. It doesn't need to be overly complicated, long or outlandish, just concise and professional.
Driving efficiencies in your business.
Making your recruitment agency more efficient shouldn't have anything to do with your personal skills in developing business, creating leads or employing staff - you're already a professional in that field!
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.