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A person’s hand intervening to stop a row of falling wooden dominoes, protecting two stacks of coins. This visual metaphor illustrates how recruitment agencies use credit insurance to safeguard their recruitment back office cash flow and ensure financial stability.

BAD DEBT PROTECTION/CREDIT INSURANCE – WORTH PAYING OR WASTE OF MONEY?

Every recruitment agency hopes that when they make a placement, the invoices raised to the client will…

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Two hands in business suits holding a glowing digital globe, surrounded by a complex web of interconnected nodes and light sparks. This represents the global reach of recruitment agencies and the sophisticated recruitment back office infrastructure needed for international expansion.

4 FACTORS TO CONSIDER WHEN LOOKING INTO INTERNATIONAL RECRUITMENT

International placements are one of the methods UK recruitment agencies are exploring in 2025 to grow their…

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A person holding a glowing lightbulb featuring a rocket ship icon and upward arrows pointing towards a target. This conceptual image represents the spark of an idea and the launch of new recruitment agencies, supported by a robust recruitment back office.

WHEN SHOULD YOU START YOUR OWN AGENCY INSTEAD OF WORKING FOR ONE?

Every person who looks to start their own recruitment agency has their own reasons to take that…

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A person holding a large red octagonal stop sign in front of their face against a vibrant purple background. This striking visual serves as a warning for recruitment agencies to stop using unsuitable funding methods for permanent placements and to seek expert accountancy services.

RECRUITERS, STOP FUNDING PERMANENT PLACEMENTS THROUGH INVOICE FINANCE

Invoice finance is a great way for a recruitment agency to receive cash into their bank account…

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A purple calendar page for April with the 31st circled in bright purple ink and the words "PAY DAY!" handwritten inside. This highlights the importance of effective credit control for recruitment agencies to ensure consistent cash flow.

6 CREDIT CONTROL TIPS TO GET PAID ON TIME

When an agency makes a placement, there is an element of elation in helping the client and…

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WHAT ARE THE ADVANTAGES OF INTERNATIONAL RECRUITMENT?

Clients at MAYACHI often ask if expanding recruitment efforts to regions like Europe, the USA, or other…

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Close-up of a person’s hands using a calculator and writing on paperwork in a sunlit office next to a laptop. This represents the detailed financial analysis required by recruitment agencies when considering a move to invoice finance for their recruitment back office.

THINKING OF MOVING FROM PAY-AND-BILL TO INVOICE FINANCE?

Pay-And-Bill solutions are a great way for start-up and smaller recruitment agencies to place temporary or contract…

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Hexagonal wooden blocks with red arrows on a purple background, arranged in two paths that diverge in opposite directions. This illustrates the point at which recruitment agencies and their current providers may part ways, highlighting the need for more specialised accountancy services.

SHOULD YOU BREAK UP WITH YOUR ACCOUNTANT?

Although recruitment directors’ focus for their recruitment agency is to make placements, the staple within their business…

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A person’s hands typing on a laptop with vibrant pink and red light streaks bursting from the screen. This conceptual image represents the speed and digital-first approach needed to launch new recruitment agencies and implement a fast-paced recruitment back office.

HOW QUICKLY CAN YOU SET UP A RECRUITMENT AGENCY?

January often marks the time when recruiters decide to launch their own agencies. This is frequently driven…

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A hand adjusting a wooden block with a plus sign next to a row of similar blocks on a purple background. A double-headed arrow between them symbolises the fluctuating factors that can increase or decrease the valuation of recruitment agencies.

WHAT FACTORS CAN INCREASE OR DECREASE THE VALUE OF YOUR AGENCY?

Every recruitment director dreams of one-day selling their recruitment business and making an amount of money that…

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A close-up of a person’s finger sliding a digital purple toggle switch from the "off" to "on" position, next to the bold white text "START-UP". This visual metaphor represents the moment of launching new recruitment agencies and activating a professional recruitment back office.

TOP TIPS FOR STARTING YOUR RECRUITMENT AGENCY IN 2025

As we approach the end of the year, many recruitment consultants will be evaluating their current position…

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HOW CIS IMPACTS YOUR RECRUITMENT AGENCY AS A NEW STARTUP

The Construction Industry Scheme (CIS) was introduced in 1971 to address tax evasion in the construction industry,…

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DON’T LET XMAS SLOW DOWN DECEMBER… PLAN FOR 2025!

With the Christmas period approaching, some recruitment agencies may experience slower periods when clients start to ease…

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DEBUNKING 4 MYTHS ABOUT INVOICE FINANCE

Invoice finance is the most common way of funding contract and temporary placements for recruitment agencies. Invoice…

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A high-angle view of two hands cupped protectively around a circle of nine wooden figures on a light purple surface. This illustrates the protective measures recruitment agencies must implement to safeguard their workforce and remain compliant with the evolving UK Employment Rights Bill.

IS YOUR RECRUITMENT AGENCY READY FOR THE EMPLOYMENT RIGHTS BILL CHANGES?

On Tuesday 12th November 2024, MAYACHI joined RecruiterZone for a Crowdcast session regarding the upcoming changes proposed…

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