Cash Is King: Protecting and Powering Growth in Recruitment
Cash flow can make or break a recruitment agency - especially in a market where costs are rising and clients are tightening their purse strings. From late payments and squeezed margins to the strain of funding growth, there’s plenty to keep recruitment agency owners up at night. It’s important to be cash savvy, but when you’re not cash rich it can make decisions difficult and add pressure to the running of your business. Whether you’re a start-up trying to get stable or a scaling agency looking to fuel expansion, many people are running on fumes at the moment, so there’s a need for financial growth and protection of the finances coming into any recruitment agency. ⭐Taking on a client with a high financial risk can bring huge problems ⭐Growth is key, but cash flow can get in the way ⭐Funding is often the answer, but it can be difficult to know where and how to access it So when it comes to taking back control and navigating these challenges, where do we start!? My guest on this show is Vincent Seddon, Customer Success Director for Simplicity in Business, who is the growth partner for start-up and existing recruitment businesses. For Vincent, it’s all about supporting agencies in smarter growth, helping them to achieve it faster by removing the barriers and providing them with the critical tools needed to run long term, successful and profitable businesses. Simplicity exists to make the business of recruitment as simple as possible. We will cover… 💡 The cash flow challenges that show up in recruitment agencies. 💡 How agencies can scale their funding as they grow. 💡 Ways to assess the financial risk of new clients If you’re looking to protect the finances in your business and take your growth to the next level, then this is the show for you! I look forward to having you there. A lot of people ask me what software I use to stream these shows...it's StreamYard. If you'd like to check it out and get a $10 discount use this link - https://streamyard.com/pal/d/5342276534534144
