Are you looking for ways to start off as a new temp agency? Are you exploring ways you can grow as an agency? Are you unhappy with the service currently received from your funder?
1. Are you ready to take the leap to starting your own recruitment agency?
Most start-ups seek funding early on. Even when self-funding is available, it is generally not sustainable, especially in the temporary recruitment sector where businesses are required to invoice and make payroll on a weekly basis.
Temporary recruitment agencies in particular can suffer a short fall when payroll commitments dictate they pay recruitment staff before clients have paid their invoices. This has a huge impact on cashflow, the lifeblood of any business.
A cost effective solution that allows you 100% of your funding on a weekly basis, full debt insurance and a transparent fee can set you up for the most successful agency launch and beyond.
As a start-up agency you may want to consider a system offering a full back office and funding solution. Choosing software that streamlines and automates your main administrative processes will save you time and money and help keep you compliant. A fully integrated package that provides payroll services and funding solutions can lessen the stress of starting a business with high administration demands and provide you with the reassurance and financial support to grow.
Consider building your new business around software and services that offer:
- Customisable electronic timesheets
- Invoice production and despatch
- Contract management
- Payroll processing
- Management reporting
- Credit control
2. Are you ready to take your agency to the next level?
Having experts on hand to help collect payments due from your clients reduces the stress of chasing invoices and enables you to focus on building positive working relationships with your existing clients and winning new business.
Furthermore, a provider offering cashflow solutions such as access to flexible funding for your weekly candidate payroll will give you greater freedom to develop your agency and a greater chance of success.
By using fully integrated software, outsourced payroll services and recruitment finance solutions you can be assured your administrative processes are well managed and your contractors, temps and staff will be paid on time while giving you the freedom to grow your business for the long term.
3. Is your current funding arrangement holding you back?
Your provider should have your best interests at heart and provide you with the necessary processes and confidence that you will have funds in place exactly when you need them.
A specialist provider should have extensive knowledge of the industry and provide you with 100% of gross profit each week.
You should also have access to market leading software to manage your business effectively. Automating your main administrative processes, saving you both time and money, protecting your data and keeping you compliant at the same time.
If you think we could help fund your agency - request a software demo today by clicking the image below and we deal with the rest!