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
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
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.
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
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
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
Anyone who has visited the United States will be familiar with home retailer, JC Penney. Founded 115 years ago and with around 1,100 across the country, the company’s founder James Cash Penney once said that “Growth is never
The recruitment press has been dominated with the story surrounding the jailing of the directors of an umbrella company found guilty of payroll fraud. The case has signalled a red flag for all recruitment agencies prompting the need