This article was submitted by The Recruit Venture Group
Lot’s of recruitment consultants think about, and indeed do, start their own recruitment businesses. It’s the spirit of the entrepreneur that so many professionals feel. After all, having your own specialist desk, or heading up a team is not so very far away from running a business. Similar challenges. Similar demands.
But if you specialise in temporary placements it’s even closer still, as believe it or not, you’re ideally qualified to take on the new challenge of starting up your own business.
Consider for a moment the work you do now.
There’s finding the clients. Impressing them enough for them to ask you to find temps for them. And then comes keeping up the levels of service, to keep the client. And there’s a lot of service required. Finding the people to place is demanding, but when the client gets bigger and busier they want more temps. More often. And often at very short notice – sometime be in the next hour, rather than days
So now you’re ticking all of the above boxes, as well as keeping the wheels spinning.
By now of course that client, and all the others you’re handling, are an important revenue stream for your employer. Now, said employer wants regular updates on the figures, projected income for the quarter and they’ve probably set a target for you to hit as well!
Oh, and there’s the other financial matter of cash flow. You’re the one who has to ensure that the temps are paid, and that the client has paid your office, because as much as there’s revenue coming in, there are costs attached to the advertising, and things like part payments to new starters.
Candidate attraction maybe a struggle especially with the impact Brexit is starting to have on the availability of temporary skilled workers so How do you attract the best candidates for you rather than your competitors and manage your talent pool efficiently.
All in all though you’re finding business, developing business, generating income and managing the cash flow to ensure that it’s well run and properly managed. Which pretty much sounds like running your own business!
At The Recruit Venture Group we specialise in helping recruitment professionals start up on their own. With five years continuous recruitment experience, and all that comes with doing what you’ve been doing as a temp specialist for three years or so, we think you’re just the sort of person we can help.
You’d get 100% funding, shares in your own company and the autonomy to run it, paying yourself a salary from the outset.
We’d support you with legal advice to start up, branding and help with finding premises.
On top of that we’ll give you access to our back office, which means you have first rate systems from your first day of trading.
That’s all the support you’re used to (maybe more?) plus the passport to your own business.
Get in touch – www.recruitventures.com/apply-now