A recent survey by accounting software provider Sage has found that 17% of all payments to UK SMEs were late, and that over 50% expect a negative impact on their company finances as a result. Payment processor BACs
Why do some recruitment agencies struggle financially? Some report a lack of cash flowing into the business, whilst others are constrained by funding caps which restrict their ability to grow at their own pace. It has been said
In 2017, it was reported that late payments were costing the UK economy over £2.5bn a year, with the Federation of Small Businesses (FSB) finding that the average small business owner spends between 1-2 days chasing invoices each
In recent years the growth of the recruitment industry has led to an increased demand for recruitment finance, but is the traditional factoring option really the solution for recruitment business owners looking for growth? Factoring has long been
A recent survey by accounting software provider Sage has found that 17% of all payments to UK SMEs were late, and that over 50% expect a negative impact on their company finances as a result. Payment processor BACs
The UK recruitment industry is experiencing a period of major growth, with a record-high 5,824 new agencies being launched in 2017. According to the Office of National Statistics, vacancy rates are at a record high – a state
When starting your recruitment business we believe there were two main motivations behind you doing so: to have an agency built in your own vision and to grow that agency to become a key player in your sector.
We love this time of year. It is the perfect moment to look at the year gone by and more importantly, to plan for the one that lies ahead. But of all the years of growth we have
The start of the new year is always filled with optimism and a resolve among many people. While the debate between economic forecasters continues to rumble as to whether this will be a year of further growth or
Time, they say, is a precious commodity. ‘They’ are right, especially in today’s increasingly competitive recruitment environment. With the number of new recruitment businesses growing apace and the industry itself more buoyant than ever before, the pressure is