The world of recruitment is a competitive one, but now is a great time to dive in and start your own temporary recruitment agency. But with so many established companies all fighting to provide the best candidates, how can a new starter stand out? 

Don’t worry, we’re here to help. Here are some top tips for recruiters that will give you an edge from day one.  

 Starting Strong in Recruitment  

No one starts a business without an idea of what they want to achieve. For temporary recruitment that goal is to provide a wide range of candidates, with a focus on a specific sector (we’ll talk more about those soon!).  

The best advice we can give is to have a solid business plan from day one. With short, medium, and long term goals in place, you can keep your business on track and measure your success over the years.  

 The Right Tools for the Job 

Knowing what you want to achieve is one thing; having the right tools is another.  

We specialise in helping new temporary recruitment companies to hit the ground running. When you have a small team, you want to focus on building up a portfolio of CVs and bringing in new clients. If you’re inundated with admin tasks, payroll, and spend hours sending emails, that restricts your growth.  

That’s where we come in. Our unique solution covers all bases of your back office, giving you peace of mind that everything will be handled perfectly. This service includes:  

Everything is dealt with by our professional team, so you’re no longer stretched thin.  

For a new temporary recruitment company, keeping costs low is essential. Wherever you can save, without sacrificing quality, you should. Our service is affordable, with a clear price and no hidden costs.  

If different parts of your back office are handled by multiple companies, their fees will add up fast. Working with one provider makes the cost more manageable and will prevent any surprises at the end of the month.  

Target a Specific Market 

Most temporary recruitment agencies focus on one particular sector. These can include: 

  • Healthcare 
  • Driving 
  • Education  
  • Industrial 
  • Charities & the Public Sector 
  • Executive 
  • Sales & Marketing 
  • And more!  

 

There will always be a demand for skilled temporary workers in all of these sectors. Having a niche won’t restrict your business growth and may be the key to success.  

Trying to cover multiple sectors reduces the quality of candidates you provide, and you’ll be torn between too many clients. By choosing a single market, you’ll be able to find more candidates, and you can pick and choose the best to send to your clients.  

By focusing on one sector or industry, you can develop a better understanding of the companies that work within it. This will help you sell yourself better later on.  

If you know your sector well, clients and candidates are more likely to put their trust in you. Clients will rely on your knowledge and expect you to be ahead of the latest news and understand the nuances of their sector. This will make them feel confident in your ability to represent them and ensure a strong business relationship. In addition, when seeking candidates, you need to know enough to ensure they are the right fit.  

It is vital that you do your research, especially in your chosen sector. Competitor analysis is key to this, ensuring you track their approach and message to the market.  

Having a deep understanding of what they are doing to attract top candidates can help you strengthen your recruitment strategy. An analysis of your opposition puts you in a position to stay competitive when looking for those qualified candidates. Using a SWOT analysis will help you analyse this and determine your strengths, weaknesses, opportunities, and threats. 

 Know your Limits 

Many businesses, not just recruitment companies, fail because of over-ambition. There’s nothing wrong with wanting to compete in your chosen sector, but you need to ensure you’ll always be able to do that. 

As we mentioned earlier, it’s best to set smaller goals that won’t take you long to reach. This enables you to grow naturally, and build up your business continuously, if a little slower than you may like.  

This means that, if something does go wrong, or you need to cut costs in order to keep your workers paid on time, you won’t be forced to do anything drastic and can scale back instead. We provide recruitment funding, meaning it’s easier for you to pay your workers, even if invoices are later than they should be.  

For a recruitment company, reputation is everything. By building up a base of loyal clients and providing them with talented workers, your company will grow through word of mouth. If you overreach yourself, you could damage your reputation and lose out on valuable connections.  

Don’t force growth; you’ll soon be the go-to in your industry.  

 Keep your Finger on the Pulse 

This ties in to knowing your sector, but we thought it deserved its own section.  

Recruitment can be a volatile market and has its ups and downs every year. Some sectors thrive, while others struggle, keeping recruiters on their toes.  

Understanding your industry will help you to ride out any difficult times, and you may even be able to predict and plan ahead. A new recruitment agency can be derailed by a small bump in the road if they don’t see it coming or have the correct measures in place. If you have a blog and/or social media presence, make your voice heard about any news within the industry. 

As a recruitment finance provider, we take great pride in understanding recruitment and how it affects each sector. If you’re a regular visitor to our blog, you’ll know that our knowledge of recruitment news sets us apart from our peers; yet another reason why our new clients love us!