The recruitment sector is buoyant. It is currently worth a record £28.7bn (and growing), firmly consigning the recession to the annals of history. 2015 is the perfect time to live the dream and set up a recruitment agency of your own.
The REC Jobs Outlook Survey is predicting nine per cent growth for the industry within the next two years, adding to the success already experienced by existing recruiters. In 2014, a massive 75 per cent of recruitment agencies saw growth in their business and Britain secured a position as one of the advanced world’s fastest-growing economies. What more proof do you need that the time is right to take the plunge and start your own recruitment agency?
In Europe, total employment has seen a drop of 1.08 million in the last four years. In Britain, however, a huge 1.6 million people have found new jobs over the same period – which means that employers are becoming more confident and have started recruiting again. There are more people in work in Britain than there have ever been and there are countless opportunities for recruiters looking to start their own recruitment business and take advantage of the trend.
There will undoubtedly be massive opportunities in the technology sector, where an 11 per cent growth in London’s digital technology industry alone is predicted in 2015 - a growth of 500 per cent more than the average industry. Other hotspots include Edinburgh’s artificial intelligence sector, robotics in Bristol, Manchester’s digital media, Cambridge’s hardware and bioscience sector and gaming in Newcastle.
The financial services sector also looks set for an extremely positive 2015, following on from 2014, when, according to Hays, almost half of all industry professionals reported business growth and 68 per cent predicted a further boost. Meanwhile, other sectors to keep an eye on are life sciences, engineering and oil and energy, which is an industry prone to huge and rapid changes in its fortunes.
No matter which way you look at the numbers, they all seem to point to the fact that NOW is a great time to go out on your own!
Whatever sector you are an expert in, the opportunities are there, as is the support. At Simplicity, we offer a unique portfolio of services to ambitious and driven entrepreneurs looking to set up their own permanent, temporary or contract recruitment agencies - offering 100% recruitment finance, debt protection, back office support and payroll solutions.
We can help you to start a recruitment agency today, with no risk. Get in touch today to find out more about how we can help you achieve your goal.