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
When is the best time to start a recruitment business? With this question coming from a company that specialises in supporting recruitment entrepreneurs to start and grow their agencies, the answer should be an obvious one. But it
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
Regardless of whether you have worked in recruitment for a year or 10 years and more, you won’t have failed to notice that the sector is subject to many regulations and frequent changes in legislation. This can be
Hindsight is a wonderful thing. It is also probably the most frustrating word in the English language. As a business owner, mistakes come with the job. No one has all the answers and as the cliché goes, experience
Demand for staff remains high with the strength of the labour market viewed as a positive sign for the UK economy. However, skill and candidate shortages persist across many sectors from Hospitality to Aerospace according to the REC.
The one thing that unites us mere mortals with the likes of Richard Branson and Bill Gates, is time. We all have the same 24 hours in a day but the way in which it is used can
If you’re like most recruitment business leaders, the last few weeks of March and the days leading up to 5th April were beset by frantic reporting and a total commitment to hit that unmissable deadline. And like most