Maximising profitability to avoid servicing debt

It’s an uncomfortable thought, but the fortunes of businesses are never really totally under the control of owners and senior managers because they are forever indexed to the performance of the national and global economy. 

Today’s operating environment may be characterised as competitive, changeable and uncertain. This means that business agility is one of the greatest attributes a recruitment firm can have. It is also essential to continually consider the big picture to get a view on how things may develop over the short to mid-term. 

Brexit and the Trump presidency both represent uncharted territory. There is no doubt about their ability to influence economic matters. What is unknown is just how they will play out in shaping the future.

7 smart ideas to streamline your recruitment agency

In such circumstances, perhaps the best any recruitment business can do is get its head down and get on with things. To help, owners and senior managers of recruitment firms might wish to consider these ideas for overcoming drag and boosting efficiency: 

1. Drive greater efficiency with an integrated approach
   - Re-imagine processes and consider how software automation might help 
   
   
2. Rationalise telephony with a cloud PBX that integrates office telephony, mobiles, conferencing and Unified Communication
   - Consider the benefits of more efficient and joined up communication
   
   
3. Maximise the chance of capturing the opportunities that are out there by using a content-centred inbound marketing strategy
   - Think about leveraging agency expertise by creating content for agency audiences
   
   
4. Slash the cost of supporting on-premise computing with IT support as a managed service
   - Get more value from in-house IT staff by outsourcing low value IT tasks
   
   
5. Build, nurture and convert your outbound database with automated email campaigns
   - Think about using content marketing data capture fuel outbound marketing
   
   
6. Squash IT costs by partnering with an MSP to provide for the computing needs of your business
   - Consider moving from on-premise IT infrastructure to cloud based systems
   
   
7. Survey your databases to find out how you could make your services more attractive
   - Use market research to gain a better understanding of audience wants and needs

Be better prepared for a competitive, changeable and uncertain environment

It’s highly likely that the most successful recruitment businesses are those that are best prepared to deal with today’s competitive, changeable and uncertain environment. You can find out more about these ideas and themes in the industry guide, ‘7 smart ideas to streamline your recruitment agency’, which has been produced by cloud business technology specialist, Serviced Cloud. 

The guide explores these ideas in greater detail and helps owners and managers of recruitment firms to eliminate inefficiencies that pull down on the bottom line. The content helps recruitment agencies to improve process and sharpen practice; develop marketing initiatives that lead clients and candidates to you; and exploit opportunities to leverage business technology for greater benefit. 

Click here to download the guide. 

Who is Serviced Cloud?

Based in the heart of London, in Canary Wharf, Serviced Cloud was incorporated in 2009 with a clear and simple vision. The Managed Services Provider is dedicated to helping businesses successfully adopt cloud technology to transform efficiency and reduce costs. You can find out more about its services for recruitment firms here. 

Justin Dean can be contacted on 0207 093 6020.