Growing your business will probably require you to make significant investment. This can mean borrowing money or sacrificing dividends, which may not be easy and may not be the right thing to do if you do not have
In Part One, we looked at where you are now and some of the issues that can arise as your recruitment business starts to grow. The business plan that you put together when starting up should be constantly
Ongoing Brexit uncertainty is having a major impact on the hiring plans of employers and the willingness of people to change jobs. As Neil Carberry, REC chief executive, said, “Businesses are positive about their own prospects, but ongoing
After successfully managing the start-up of your own recruitment business, how do you take it to the next level and grow at a pace that suits you? It’s not just about doing the same – but a bit
The Recruitment market has recently reported a significant increase in fraudulent activity involving ‘Ghost Workers’. This fraud typically involves a fraudulent company approaching a legitimate recruitment agency and requesting that the recruitment company put workers through their payroll
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
As we start 2018, now is the perfect time for some self-analysis on the year gone by. What has worked well, what hasn’t, and what are the next steps needed to enable an agency to go to the
Hindsight is a wonderful thing. It is also perhaps the most irritating word in the English language – who wants to be reminded of the things they could have done after they should have done them? Foresight, however,
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
The post-recession aftermath enforced stricter lending criteria and controls on traditional finance providers which led to the growth of the Alternative Finance Market for businesses – and it shows no sign of stopping any time soon. Why? The