MAXIMISING YOUR SHAREHOLDING POSITION
Most recruitment agencies are registered at Companies House as limited companies, allowing the business owners to hold…
“I HAVE A POOR CREDIT RATING, WHAT CHALLENGES WILL I FACE IF I START MY OWN AGENCY?”
This is a question MAYACHI has heard many times over the years. It’s not uncommon for recruitment…
WHY DO RECRUITERS INSIST ON DOING THEIR OWN INVOICING?
One of the most common frustrations we hear at MAYACHI when speaking with recruitment directors is their…
PERMANENT FUNDING, IS IT WORTHWHILE?
Invoice finance is a staple of the recruitment industry and is widely used by agencies making contract…
WHAT CAN I DO IF A CLIENT REFUSES TO PAY MY INVOICE?
Every recruiter loves to celebrate when a deal is signed and a candidate is due to start…
HOW CAN AN AGENCY REDUCE CURRENCY LOSSES?
Overseas placements are becoming increasingly popular among recruitment agencies, thanks to higher profit margins and growing opportunities…
WHO SHOULD AND SHOULDN’T START A RECRUITMENT AGENCY?
Over the years, MAYACHI has spoken with many individuals who have decided to start their own recruitment…
6 ADVANTAGES OF OUTSOURCING YOUR BOOKKEEPING SERVICES
Bookkeeping is a core accounting function that involves recording a company’s financial transactions, such as bank payments…
WHEN SHOULD YOU CONSIDER SWITCHING YOUR INVOICE FINANCE PROVIDER?
There are many different invoice finance providers in the UK that offer funding for contract and temporary…
SHOULD I REGISTER MY RECRUITMENT AGENCY FOR VAT?
Over the past few months, MAYACHI has spoken with several startup recruitment agency directors who have questioned…
FINANCIAL CONSIDERATIONS YOU NEED TO BE AWARE OF WHEN SETTING UP A RECRUITMENT AGENCY
The decision to start a new recruitment agency often brings a mix of feelings from apprehension to…
APPOINTING AN ACCOUNTANT – WHY IT SHOULD BE CONSIDERED A PRIORITY FOR A NEW AGENCY
When launching a new recruitment agency, there is a long checklist of tasks that directors must complete…
UNDERSTANDING INVOICE FINANCE TERMINOLOGY
Invoice finance is a common requirement for recruitment agencies engaged in contract and/or temporary placements. It bridges…
WHAT IS THE DIFFERENCE BETWEEN CASH ACCOUNTING AND ACCRUAL ACCOUNTING ON VAT?
VAT (Value Added Tax) can be an enigma for new start-up recruitment agencies, as often they have…
RECRUITMENT AGENCY START UP COSTS
One of the most common questions asked by recruiters looking to start their agency is: “How much…