“MY RECRUITMENT AGENCY IS TOO SMALL TO NEED A NON-EXEC FINANCE DIRECTOR”
Since launching MAYACHI in January, I have spoken to numerous recruitment directors of various sized recruitment agencies. Whilst…
HOW DOES INVOICE FINANCE WORK FOR RECRUITMENT AGENCIES?
Invoice finance is required by most recruitment agencies that are making contract or temporary placements and provides…
SPRING BUDGET 2024 – WHAT DOES IT MEAN FOR RECRUITMENT?
On Wednesday 6th March 2024 at 12.33, the Chancellor, Jeremy Hunt, commenced his Spring Budget 2024 speech….
WHAT TO CONSIDER WHEN MAKING INTERNATIONAL PLACEMENT
Placing candidates in overseas companies can be a very good way of generating additional profit and helping your clients if they have an international reach. Often overseas placements can be at much higher profit margins depending on the country and the complexity of the roles being filled.
WHAT FACTORS CAN AFFECT YOUR INVOICE FINANCE FUNDING?
Funding for a recruitment agency making contract and/or temporary placements is vital as the candidates will need to be paid often before the client makes payment on the invoices raised. If the finance arrangement has been set up correctly, there should be no issues with the prepayment being provided to cover the candidate payments until the client makes payment.
5 REASONS WHY PERMANENT RECRUITERS SHOULD CONSIDER CONTRACT PLACEMENTS
Most new recruitment agencies will begin their journey by exploring permanent opportunities as they can provide that…
IS YOUR RECRUITMENT AGENCY AT RISK BY NOT HAVING CREDIT PROTECTION?
Once a recruitment agency makes a placement, the risk to the agency is whether the client will make payment within the terms agreed.
5 REASONS WHY NEW START-UP RECRUITMENT AGENCIES FAIL
Every year many new start-up recruitment agencies are formed all trying to be as successful as possible to ensure that they can continue to grow in the years beyond. Here are the 5 reasons they fail.
NEW YEAR IN THE RECRUITMENT INDUSTRY… PLANS YOU SHOULD BE MAKING
January is the time of year when most people look at the year gone by and make…
7 AGENDA POINTS FOR RECRUITMENT AGENCY BOARD MEETINGS
When running a recruitment agency, it is very easy for the Directors to get bogged down with…
IS YOUR INVOICE FINANCE ARRANGEMENT THE BEST DEAL FOR YOUR AGENCY?
External funding is often required when a recruitment agency makes contracts or temporary placements to bridge the…
WHY MANAGEMENT ACCOUNTS ARE IMPORTANT TO THE GROWTH OF YOUR RECRUITMENT AGENCY?
The vast majority of recruitment agencies are set up and run by Directors who used to be…
WHAT PREPARATION DO YOU NEED TO DO WHEN CONSIDERING SELLING YOUR RECRUITMENT AGENCY?
Many recruitment directors aspire to one day sell their business for a healthy profit, but unfortunately, the…
6 THINGS TO CONSIDER WHEN BUILDING YOUR RECRUITMENT AGENCY PROJECTIONS
Projections for a recruitment agency can help give a targeted plan for the directors, so they know…
10 TIPS ON STARTING YOUR OWN RECRUITMENT AGENCY
Each year, more than 8,000 recruitment companies are formed at Companies House with many of them being…