Survey results show that Recruitment Agencies remain optimistic despite a challenging 2023 Results from the first of what will be an annual confidence survey of UK recruitment agencies by Simplicity, the specialist finance and back-office support company,
How to stay motivated in the early days. Thomas Edison famously stated, “Our greatest weaknesses lie in giving up. The most certain way to succeed is to try just once more.” This individual asserted that he never ‘failed’;
As the holiday season approaches, many of us are filled with joy and excitement, looking forward to the festivities, the gatherings, and the warmth of family and friends. According to some business owners, Christmas is considered one of
Getting Around the Busy Holiday Season. While many industries experience a significant slowdown in the weeks leading up to Christmas as they prepare to close for the festive break, for the Simplicity team, this period is one of
How to Grow Your Recruitment Agency Growing a recruitment agency requires more than hard work; a strategic approach is essential. Whether your growth plan involves expanding your consultant team, entering new markets, or embracing new technology, here are
So far this year, we’ve witnessed an increase in insolvencies and companies going into voluntary liquidation. This is related to the persistent cashflow difficulties among businesses. According to UK government figures, the year 2023 will see the largest
The benefits of using alternative finance to fund your recruitment business. In 1996, Jerry McGuire captured a spirit that has continued to resonate to this day. “Show me the money” is the 25th most frequently quoted movie line
The term ‘credit management’ is often associated with the final stages of the process when a client receives their invoice and payment is pursued. However, truly effective credit management should commence from the beginning of any prospective client
The Significance of Tailored Services in Recruitment Funding. Invoice financing offers a lifeline to your temporary agency by providing a cash advance through the early release of funds from outstanding invoices. This holds immense value for businesses seeking to
Recruitment Finance Terminology You Must Familiarise Yourself With Understanding the language of accounting and finance can be challenging, especially if you’re launching a recruitment agency for the first time. In this blog, we’ll highlight essential recruitment finance terminology