How Can Outsourcing Help You Grow Your Recruitment Business?

28 May 2024

Hannah Mollison - Sales Director

Hannah Mollison

Sales Director

Starting & Growing a Recruitment Business – How Outsourcing and Funding Can Help You Take Your Venture From Strength-to-Strength

The great Stephen R Covey stressed in The 7 Habits of Highly Effective People that you should always ‘keep the main thing the main thing’.

This is good advice for so many areas of life, but particularly so if you’re starting or growing a business.

There are a myriad of tasks to do to get a recruitment business off the ground or to maintain a healthy growth, it’s easy to get side-tracked.

In our years of experience in helping recruitment business owners, we would urge you to remember that the main thing you need to keep as the highest priority is to ‘win clients’!

This may sound obvious, but it’s surprising how many people get caught up in business admin and tasks such as branding, websites and understanding the accountancy side of setting up and running a business.

Compliance is always a priority, of course, so that can become a time-sap too. And then there’s cashflow to think about. Getting workers paid accurately and on time can be a challenge, especially for new or young recruitment businesses.

So it’s important to get the right support in place from the outset to avoid any difficulties further down the line. Many good businesses are obstructed not through lack of custom but through inefficient systems and processes – don’t let that be you!

And whilst the above certainly are important issues, none of them require your particular specialist skills of recruitment or are as important as finding and keeping clients. Your clients need you, whilst you can outsource the other tasks to a specialist outsourcing partner such as Workwell Outsourcing. This is why we developed Workwell Funding, our all-in-one solution for start-up and growing recruitment businesses.

Workwell Funding means you can focus on growing your client base – and keep your main thing your main thing – whilst we take care of as much or as little of the myriad of other tasks at hand. Workwell Funding includes back-office support, so you’re looked after from every angle.

Our service includes:

  • Free set-up service including company registration and tax applications
  • Personalised terms of business supplied and client terms checked
  • 100% funding, paying your workers/contractors and your margin weekly
  • Funding for temp/contractor and perm placements in the UK and internationally
  • Bad debt protection
  • Evertime pay and bill technology
  • Expert credit control
  • No minimum fees, funding limits, concentration limits or interest charges
  • Service fee only charged when you invoice
  • Advice and support throughout

 

Need funding on an ad-hoc basis? Workwell Funding Lite is the solution for you. This enables you to tap into the finance you need, when you need it, without the ongoing cost or commitment.

Workwell Funding and Workwell Funding Lite are fully flexible solutions that enable you get the support you need in areas you’re less familiar with. This gives you more time – and freedom – to keep the main thing the main thing.

Ready to learn more? Arrange an exploratory call with Shelagh Ward on 07715 666746.

 

Suggested Reads

How Can Outsourcing Help You Grow Your Recruitment Business?

Webinar: How To Crack Contract

Nov 11, 2024 | Workwell News

Join our webinar ‘How To Crack Contract: It’s Easier Than You Think’ Wednesday, November 27th 2024 – 10am to 10.30am Register here Our goal is to help you tap into…

Read more
How Can Outsourcing Help You Grow Your Recruitment Business?

Webinar Series: Launch & Grow Your Contract Recruitment Business

Nov 11, 2024 | Workwell News

Keen to tap into the lucrative contract market, but not sure where to begin? We’re hosting a three-part webinar series for established recruiters who want to up their game in…

Read more
How Can Outsourcing Help You Grow Your Recruitment Business?

Recruitment Credit Control – How To Keep Your Cash Flowing

Nov 5, 2024 | Workwell News

Cashflow problems are a serious issue for recruitment businesses which have to grapple with the challenge of paying staff and contractors before receiving payment from clients.  This lag can be…

Read more