Posts Tagged ‘Recruitment Financial Reporting Analysis’
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 resolutions for the new year ahead. These resolutions should also extend to a person’s working life and as such, make important decisions on their next steps in business whether as a new or existing recruitment agency owner. START YOUR…
Read MoreIS 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 gap between when the client makes payment on 30+ day payment terms and when the candidates will need to be paid within 5-7 days. This funding gap can easily be filled with external funding either from a pay-and-bill…
Read MoreWHY 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 recruiters in a previous guise. Although they are fantastic at recruiting and making placements, often they do not have the aptitude or interest in accounting unless absolutely necessary. Even if their accountants produce management accounts, they may not…
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