SERVICE
WHO CAN MAYACHI HELP?
Based on the number of years within the industry, MAYACHI has the capability and expertise to provide financial help, support, and advice to recruitment agencies within any sector and of any size.
This includes providing help and support to Top-Billing Recruiters who are looking to start their first recruitment agency by guiding them through the company formation process, understanding HMRC liabilities and providing introductions to reputable service providers.
For existing agencies, utilising MAYACHI as a Non-Executive Finance Director can give a fresh external perspective on the company’s financial performance, trends, strategy, and culture.
Agencies may require MAYACHI on a short-term consultancy basis to review a part of the business, roll out a project or alternatively advise monthly as part of financial reporting reviews and board meetings.
HOW THE MAYACHI METHODOLOGY SERVICE WORKS
In your 2 hour FREE consultation, we’ll sit down and discuss each service point; we shall look at existing company data and analyse it together, working out where you might be falling short, what you’re doing well, what you need to keep doing and what needs to be improved or needs to stop. This meeting alone will be invaluable to your business, and I can guarantee without any actual spend, you will save money. Since MAYACHI started we have saved recruitment agency directors £1000s through these consultations, even in the absence of a contract for future collaboration.
Book your 2 hour FREE consultation today and benefit from this unique service, with no initial cost to your business.
Our full service is an enhanced version of the free consultation, carried out depending on the Directors preference on a monthly, bi-monthly or quarterly basis, in greater detail, saving more money and ultimately starting on the road to business success. Let's take your recruitment agency to the next level.
WHY USE MAYACHI AS YOUR NON-EXEC FINANCE DIRECTOR?
MAYACHI has over 20 years of experience in the recruitment back office, finance and accounting sector, so they have the knowledge of how these functions should be working successfully within an agency.
The experience ranges from setting up and running a successful outsourced back office and accountancy service for recruitment agencies, setting up an umbrella company and providing a pay-and-bill funding solution for UK and international placements.
Within all these businesses, the remit was always to provide financial help, support, and advice to recruitment agency directors during their initial formation, their growth years and the future planning for their exit strategy.
By partnering with MAYACHI, an agency will be able to tap into the experience and knowledge to help understand their financial reporting and use it to grow and develop their company.
OUR ALL-IN-ONE NON-EXEC FINANCE DIRECTOR SERVICE FOR RECRUITMENT AGENCIES INCLUDES…
Company Formation Advice
This is aimed at Top-Billing Recruiters looking to start their first recruitment agency. MAYACHI will help and advise on the company formation process, shareholding set-up, HMRC responsibilities, introductions to industry providers and business forecasting.
Financial Reporting Analysis
Reviewing and understanding the financial figures is vital for the growth of any recruitment business. MAYACHI will provide commentary on the current financial reporting and make recommendations and suggestions on ways of improving the company figures and performance.
Monthly/Quarterly Board Meetings
MAYACHI can be part of the company board meeting to discuss the period’s performance, future financial plans and help set targets to aid company growth.
Invoice Finance Comparison
MAYACHI has relationships with numerous invoice finance and funding providers and would be happy to do a complimentary review of the current invoice finance offering and provide an alternative if there is a service or cost saving to be made.
Business Planning & Projections
MAYACHI can work with the agency directors to build and model financial projections for the business to ensure that the business meets its growth plans.
Internal Finance Department Review
MAYACHI can review and analyse the current back office and accountancy set-up used by a recruitment agency and make suggestions and changes if required.
Agency Sale Preparation
MAYACHI can help with the necessary financial planning required and due diligence preparation should an agency decide to sell within the next few years.