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Trouble With Bank Financing? Three Reasons Why Funding Is More Efficient Are you having trouble securing money from a bank and finding that it’s inhibiting your growth? Perhaps you’re a start-up and you’re having a hard time explaining your business model. Or you’re looking to grow and your bank is resisting. There are many ways… Read more »

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Step-By-Step Tips on How To Get Your New Staffing Company On Firm Financial Footing The staffing industry can be an exciting and welcoming place for entrepreneurs. If you’ve made the decision to start a staffing firm, congratulations! This post is designed to help you start off the right way. As we look at the New… Read more »

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You’re a start-up staffing firm. You naturally think about saving money to build your business. Perhaps you choose accounting software QuickBooks (a great program).  But as you grow, you realize that you need more IT, accounting, or funding capabilities. Maybe as you get bigger you decide to invest in a CRM system, separate from your… Read more »

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If you’re a retail or commercial staffing firm owner or manager, given the Holiday season, you probably don’t even have time to read this. But it’s important that all staffing and employment agency owners think about profit. It drives your growth, and is going to add value to your firm. So where do you start?… Read more »

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We all like transparency in our office. This goes beyond the “My door’s always open.” It’s when a company lives up to its values, and willingly discloses financial information, goals, and level of progress. Why Transparency? Many studies have shown that transparency boosts morale for its workers, which is a self-fulfilling cycle of success. Enthused… Read more »

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Our recent posts have been about the benefits of funding and back-office services, very important for staffing firms. But we feel it’s time to focus on another way you can excel: A simple, compatible Applicant Tracking System (ATS). These “front-facing” programs will allow you to manage an influx of job seekers, respond in a timely… Read more »

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You’ve decided to look at financing sources. Maybe this is because of simple but crucial reasons, such as payroll, the life-blood of a staffing agency. Or maybe it’s because you’re a growing business and want to grow more, with an infusion of capital, whether it’s taking on more clients or expanding. Without proper funding, growth… Read more »

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It’s the old saying that an effective business needs to be lean and mean, but it’s also true. In staffing, watching your costs and margins is crucial to your success, and there are ways to do this while still staying competitive and yes … even growing. Your clients realize this. To make an analogy, they… Read more »

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OK, we’ve all been in partnerships in business or personal life where things just aren’t working out. While it’s easy and understandable to avoid change, it’s worth it in the long run to take steps to keep healthy … whether it’s you or your business. Which is why you may think twice about your current… Read more »

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As a staffing owner, you’re well aware of the payroll issues and the challenges peculiar to our industry. As you navigate financing opportunities, it’s wise to consider funding firms. Unfortunately, funding companies have had a reputation over the years for high costs. Is this true, or is it a myth? Frankly, it’s a myth, but… Read more »