The key to success when running a business is consistent growth. For a staffing business or recruitment agency, this means bringing in new applicants that you can use to fill your customers’ vacancies, as well as finding new customers to provide for.  

However, to grow consistently you need to scale your business. New work coming in is great, but only if you can keep up with the high demands that come with it.  

Recruitment finance is crucial for any fast-growing staffing business, taking the pressure off your invoicing, payroll, credit control, and recruitment funding so you can focus on what matters most. And if you feel like you aren’t growing the way you should, our service might be just what you’re missing.  

 

What does Scaling a Business mean?  

When a business ‘scales’ it adapts how it operates to handle more work. This is mostly increasing your available resources; investing in new systems that automate some tasks, making existing systems more efficient with software upgrades, and expanding your workforce (more about that soon!). Depending on your business you could even set up new offices, sometimes even in other countries, to capitalise on new markets.  

If you don’t scale your business, but still focus on growth, you’ll soon become inundated with work. Turning away a client that’s keen to work with you can ruin your reputation, and they’ll likely join a rival of yours instead. Success isn’t always guaranteed, so this could come back to bite you in the future.  

On the other hand, scaling too much can be detrimental too. Some new companies invest in offices and equipment that isn’t right for their business yet, giving them extra overheads they might not be able to afford long term. Keeping it simple in the early days, and scaling when you need to, is the best way to run a business. But knowing how to scale is just as important.  

 

How to Scale for Business Growth 

There are a number of ways to scale your business. The most common way to keep up with increased demands is to bring in new staff and 3rd party support to ensure things run smoothly.  

This can be a difficult balance, especially in the recruitment world. The demand for your services is often seasonal: you might be much busier over the summer or winter periods as more vacancies open up. Warehouses and logistics companies will also be increasing their workforce to handle seasonal demands, and many turn to temporary recruitment companies like yours for help.  

If you hire new members of your team, and a few months later they have nothing to do, that’s valuable budget being wasted. If you just try to weather the storms with your existing team, they’ll be burnt out or stretched too thin to provide quality services.  

As you know, the best solution for this is bringing in temporary workers or outsourcing some tasks to take the pressure off. But this isn’t the only option.  

 

How Recruitment Finance helps with Scaling your Business  

Temporary staffing involves a lot of admin work. As much as you and your team would love to focus on finding applicants and placing them, many hours of the day are needed to handle all the correspondence and menial tasks that go with it.  

What you consider dull is our bread and butter. We love handling all of the following: 

Leave all of this to us and your team will not only be able to do what they do best, but all your back office will be done by some of the best in the business. Your team may be handling these tasks without the proper training too, which leads to costly mistakes and delays.  

Recruitment finance isn’t just about convenience. We’re meticulous about quality, checking every invoice, email, and document time and time again to guarantee it’s correct and as good as it can be.  

With us you have a dedicated payroll manager and credit controller. These heroes will be fully focused on you and your clients. This helps them get to know your business inside and out, so your voice comes through every time they contact your customers.  

Some companies are reluctant to trust their correspondence to an outsider, but we love to show you why you can trust us to handle it. Not only do we take the time to get to know you and your staff, but many of our team also have a recruitment background, so we know the industry almost as well as you do.  

We provide regular reports and are always a phone call or email away if you have any questions or concerns. As you have your own dedicated support team, you’ll never be lower than no.1 priority, giving you the peace of mind you need.  

 

The Best Recruitment Finance Agency for Staffing Businesses  

Scaling is a delicate balance, one even the most experienced business owners struggle with. Knowing where to invest funds and why is crucial in any competitive industry, no matter how niche you are.