How to start a recruitment company or agency? A step-by-step guide

A recruitment company or agency is an exciting business prospect with a lot of potential. That’s probably why you’re thinking of setting one up. Is it difficult? It can be. But if you follow these steps, it’ll make starting a recruitment agency a whole lot easier. Consider a niche A general recruitment business can work […]

Posted in August 2017

Factoring for contractors

Regardless of what industry you work in, life as a contractor can be immensely rewarding, fulfilling but also tough at times. It’s not hard to see the appeal of becoming a contractor, the freedom and financial gains can be significant, as can the flexibility to work where you want, when you want. However, as with […]

Posted in December 2016

Want To Start A Recruitment Agency? 3 Questions You Need to Ask Yourself

We work with a multitude of new recruitment startups every year. Thankfully, most of these are started by former consultants who really understand the recruitment business as well as having a good knowledge of how their business is going to be funded and ran. Too many people though see recruitment as an easy way to […]

Posted in October 2016

5 reasons recruitment startups fail

According to the latest figures from Companies House that were published in Recruitment International, 5110 new recruitment agencies launched in the UK during 2015, a huge 144% increase on the 2092 that were launched in 2012. However, whilst it is difficult to establish an exact figure on the number of recruitment startups that fail within […]

Posted in July 2016

Recruitment finance for permanent placements

Factoring companies have historically not been keen to offer factoring for recruitment companies and agencies whose sole income was derived from permanent placements, although they have looked more favourably on recruiters whose business was predominantly contractors or temporary workers with the occasional permanent placement thrown in for good measure. As with most things in the […]

Posted in May 2015

Factoring for recruitment companies – the cost

We were recently approached by three different recruitment companies all looking for factoring facilities combined with a full back office payroll service. Their circumstances were all different with the first currently using a factoring company not renowned for the quality of their service, the second was a new start recruiter whilst the third was currently […]

Posted in January 2015