Posts Tagged ‘Recruitment finance’
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 on-site with a client. However, from a business owner’s perspective, the deal isn’t truly complete until the client has made payment. Most clients an agency works with will pay within the agreed terms, or occasionally slightly later, to…
Read MoreHOW CAN AN AGENCY REDUCE CURRENCY LOSSES?
Overseas placements are becoming increasingly popular among recruitment agencies, thanks to higher profit margins and growing opportunities with international clients. While the process of making these placements is often similar to placing candidates in the UK, one key difference is that international placements are typically not conducted in sterling. As a result, agencies must manage…
Read MoreWHO 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 agency. Many of them have spent several years working in the recruitment industry, have a clear vision for their new business, and a defined end goal. However, there are also those with no recruitment experience who assume running…
Read MoreWHEN 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 placements, including banks, factoring companies, and pay-and-bill providers. Each provider has its own risk policy that determines which debts they can fund, how much funding they will offer, and how they charge for funds in use. This means…
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