Why recruitment businesses should address risks early | Talent Matters
Ep211 - Building a scaleable, saleable recruitment business - Dave talks to… Mike Ames 🎧 https://open.spotify.com/episode/7boYpJTtsACuNMur3Smjh1?go=1&sp_cid=a2ec75211e0825b859bacd99100759e2&utm_source=embed_player_p&utm_medium=desktop&nd=1 📖 https://wave-rs.co.uk/blog/dave-talks-to-mike-ames-talent-matters-podcast/ --- Preparation to weather the recession and ensure you emerge on the other side needs to start immediately, not when you’re in the thick of it. As a business owner, it is vital that you are proactive and not reactive - and this may involve a mindset change. Successful business owners have visibility of the future, they are constantly looking for threats and things that need to be mitigated. Knowing or at least predicting what might be coming round the corner allows you to address risks early, giving you a much better chance of overcoming obstacles. In uncertain times, you need to add security as a fourth box to tick on your list to ensure your business serves you. Another important aspect to consider is strategic business growth. In order to grow sustainably and continue to grow through a recession, you need a strategic development function to bring in new clients. Tactical client growth, whereby you approach clients for jobs when you need them, is not sustainable for long-term growth, particularly in such turbulent times. Over the next 18 months strategic business growth will be key.
