GETTING A SHAREHOLDER AGREEMENT

Birds-eye view of shareholders sitting in a meeting coming to an agreement on purple circle backgrounds with an overlay of people shaking hands.

Running a recruitment agency means you’re not just calling the shots, but you also enjoy the profits, dividends, and value if the business gets sold. If you are the sole director and shareholder, then life is simple. However, if there is more than one shareholder, it’s wise to consider the future and how you’ll work…

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NEW YEAR! NEW YOU? NEW JOB? NEW RECRUITMENT AGENCY?

White paper torn back revealing the white words 'TIME FOR SOMETHING NEW' on a pink background. The white paper that is not torn says 'NEW YEAR! NEW YOU? NEW REC AGENCY?' repeated many times.

The Christmas and New Year break often gives people the chance to relax, reflect, and make decisions about the year ahead. For some recruiters, returning to work after the break can feel different, particularly if internal changes such as increased targets, reduced commissions, or removed bonus schemes have taken effect. When the role no longer…

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WHY THIS CHRISTMAS MAY BE A GOOD TIME TO REVIEW YOUR RECRUITMENT FUTURE

Man's hand held close to a crystal ball, trying to see into the recruitment future, sparkles in the background suggesting that Christmas may be a good moment to reevaluate your recruitment agency and think about what might be happening in the future so you can plan for it.

With the Christmas break fast approaching, many of us will soon be spending time with family, eating and drinking more than we should, and recharging before returning to work in 2026. However, the festive period can also be a valuable opportunity to reflect on the year gone by and set clear plans and targets for…

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WHEN DID YOU LAST REVIEW YOUR INVOICE FINANCE ARRANGEMENT?

A hand holding a magnifying glass over the letters 'IF' which in the financial world is know as a acronym for Invoice Financing. To the right and left of the picture are invoice buttons that are also subject to going under the magnifying glass. MAYACHI purple background.

Invoice finance is essential for any recruitment agency placing contract or temporary workers, as it provides the funding needed to pay contractors before clients settle their invoices. Once these facilities are set up, they can often run smoothly and consistently provide the required funding with minimal administrative oversight, provided they are managed correctly.However, these arrangements…

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HEALTHCARE RECRUITMENT: TO VAT OR NOT TO VAT?  THAT IS THE QUESTION

Light purple background with filled with blocky pill sharped question marks, overlaid is the text: HEALTHCARE RECRUITMENT - TO VAT OR NOT TO VAT? With a purple stethoscope shaped into a question mark.

We’d all agree that VAT isn’t the most thrilling topic. After all, it’s no Grey’s Anatomy! But when you’re placing medical staff through your recruitment agency, understanding how VAT applies can make or break your margins (and your sanity). So, we’ve provided a quick blog post to help make sense of this whole VAT-in-healthcare thing,…

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NAVIGATING THE AUTUMN 2025 BUDGET WHAT RECRUITERS NEED TO KNOW

A compass with the words 'AUTUMN BUDGET 2025' arching inside the compass dial. The idea is that MAYACHI can align finances to show you the correct direction for your business.

On Wednesday, 26th November 2025, at 12:35, the Chancellor, Rachel Reeves, delivered her second Budget speech, even though the OBR had released all the details before she began. The speech was the usual rowdy affair within the Westminster chamber, and the Chancellor spoke for over an hour and four minutes. The Budget focused on reducing…

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THINK YOU KNOW PAYE CONTRACTOR RATES? HERE’S THE REAL COST!

A close up of a man using a calculator with a purple overlay. 'THE REAL PAYE COST' words are placed over the top of the image - with emphasis on the words 'REAL' and 'COST'

Most recruiters will, at some point, need to place temporary or contract workers. These placements are a fantastic source of steady revenue, and the best part is that you keep the worker on your books, ready for their next assignment once the current one wraps up. However, there’s a catch. Paying workers correctly can be…

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WHAT FACTORS CAN AFFECT YOUR INVOICE FINANCE FUNDING?

A cropped business man, displaying only see his tie and jacket and his outstretched hand holding a wad of 20 pound notes - implying the amount of money you can get with Invoice Finance Funding - and what factors will affect the amount you can get.

Invoice finance provides essential funding to recruitment companies that make temporary or contract placements. These agencies must often pay candidates before their clients make payment, and invoice finance bridges that gap. The facility typically provides 75–90% of the client’s invoice value upfront. This advance should be enough to cover candidate payments while the agency waits…

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HOW TO READ A BALANCE SHEET

A pair of glasses laid on top of a business balance sheet, you can see the figures/numbers within the balance sheet and also a calculator.

Year-end accounts and management accounts are extremely important tools for any recruitment director, as they tell the story of the company’s performance and enable owners to make informed decisions about the future of the business. These accounts are usually made up of two key documents: the balance sheet and the profit and loss sheet. However,…

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HOW TO LAUNCH A SUCCESSFUL RECRUITMENT AGENCY – START-UP TIPS!

White digital business icons with a central large rocket icon that has is taking off and has a glowing flare, behind the rocket is a mans hand helping the rocket take off quickly.

How To Start Your Own Recruitment Agency Quickly! So, you’re ready to strike out on your own and launch a recruitment agency? Exciting times! But before you get lost in logo ideas and your first big client pitch, there are a few nuts-and-bolts steps you’ll need to nail. Let’s break it down. Step 1: Nail…

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