Shaun Thomas's Blog (2)

How Start Up Agencies Manage Cashflow

Recruitment agency finance is extremely hard to find for many small agencies in the UK.

Cashflow is the lifeblood of your start-up, as it is for organisations in any industry. Fast access to outstanding debt will free up your finances and allow you to:

  1. Spend on marketing.
  2. Secure better agreements from suppliers.
  3. Generally grow as you can make spending decisions when opportunities arise.

Perhaps most importantly, it also means…

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Added by Shaun Thomas on January 4, 2017 at 10:30am — No Comments

How to Manage Cashflow in Your Recruitment Agency

The recruitment industry is all too familiar with the pressures of cashflow.

That's especially true if your agency hires temporary staff members and contractors. Your agency will need to pay them alongside other outlays, such as supplier charges and overhead costs. This can mean you will struggle at times to survive through extended periods waiting for your clients to pay on contracts. The result is the main cause of breaks in cashflow for a recruitment agency of any…

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Added by Shaun Thomas on November 2, 2016 at 12:00pm — No Comments

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