If you’re one of the 25% of UK recruitment consultants who are not happy with their pay and rewards, maybe you should commit to running your own business. And control your own destiny…

Starting your own recruitment business – it could be the best way to set your pay scale!
Last year, REC, the Recruitment and Employment Confederation, issued some research findings that showed, encouragingly, that over half of the UK’s recruitment consultants are satisfied with their pay and rewards.

A close reading though reveals that almost a quarter of them are dissatisfied.

If you work in the industry you probably understand where the dissatisfaction comes from. Long hours, hard work, tough targets to hit and running your own desk – all to make your employer richer.

And here’s the interesting thing. ‘Running your own desk’ is not far off running your own business. You’ve got to be the ‘self starter’ (remember the job description when you applied – and how you made sure your CV proved that you were indeed a ‘self motivated person’?) because that’s how it works.

But somehow, no matter how much you get started the pay level seems to stop where it is.

So why not do all of that for yourself? Start up your own recruitment business and control our own destiny. There are plenty of precedents, because the entrepreneurial spirit is something that runs through many recruitment consultants.

The problem is taking that leap. You might not be on the highest pay, but it’s regular pay. You can rely on it.

Starting your own recruitment business doesn’t have to be as risky as you think.

At Recruit Ventures we have a business model that provides recruitment professionals, who have five years plus experience, with 100% funding, a guaranteed salary, no personal financial risk and access to a full back office support function to support their business.

So, if you’re in that 25% of recruitment consultants who are not happy with their pay and rewards, maybe you should commit to running your own business. And control your own destiny. 100%.

Contact me on jbuckman@recruitventures.com and let’s have a confidential chat.

You can find out more about Recruit Ventures unique business model at www.recruitventures.com

Author
John Buckman is chairman of Recruit Ventures and a true entrepreneur himself. Having launched and grown many successful businesses especially within the recruitment sector, John’s expert knowledge and experience grants him the opportunity to offer advice and support to others in the industry considering setting up on their own.

Probation periods, customer diversity and inflexibility of outgoing are three problems in the recruitment sector that can affect cash flow… but you can avoid those issue altogether.

Three big worries about setting up your own recruitment business – solved!
In a recent article Tracy Ewen, managing director of invoice finance specialist IGF, outlined three reasons that the recruitment sector is susceptible to cash flow problems. It caught my attention because one of them, probation periods, was something I’d also touched on recently.

Tracy Ewen’s list included probation periods for exactly the same reason as I had. All too often, even with temporary staff, there’s a time lag between placing the candidate and getting paid as the recruiter. That can really hit the consultancy’s cash flow.

The other two problems in her list were ‘customer diversity’ and ‘inflexibility of outgoings’.

The customer diversity point is an interesting one. In most business sectors having a wide range of clients is a good thing. It’s best not to have ‘all your eggs in one basket’. But, as Tracy Ewen points out, within recruitment, having a spread of clients can cause problems. With most clients only recruiting sporadically, as demand for temporary staff varies for instance, and often without a long term, fully committed relationship with one consultancy, the conditions for smooth cash flow are not exactly wonderful.

And then there’s number three. The question of ‘inflexibility of outgoings’. You could say that this is a fact of life – in business and at home. Domestically, your outgoings – the mortgage, the bills – have to be paid and the dates don’t shift. In a recruitment consultancy it’s the same. No matter how many gaps there are in the income flow, you’ve got to pay your salaries and the rent – on time.

Now, there are ways to combat these problems and the article I read was forthright in its encouragement to plan for them.

My point is though that I bet there are many, entrepreneurially minded, recruitment consultants who have thought about setting up on their own and then not gone ahead because they’ve identified those problems and found them too daunting a prospect.

That’s a shame. Because there is way to start your own recruitment business and avoid those issues altogether.

At Recruit Ventures we have a business model aimed at professionals just like you. If you’ve got five years plus experience, and active in your current role, we can help. We’ll provide you with 100% funding, a guaranteed salary, no personal financial risk and access to a complete back office support function of Accountancy, Payroll, HR, IT and office support services to help your start up business.

Don’t let possible problems put you off. See the potential and start up

Contact me on jbuckman@recruitventures.com and let’s have a confidential chat.

You can find out more about Recruit Ventures unique business model at www.recruitventures.com

Author
John Buckman is chairman of Recruit Ventures and a true entrepreneur himself. Having launched and grown many successful businesses especially within the recruitment sector, John’s expert knowledge and experience grants him the opportunity to offer advice and support to others in the industry considering setting up on their own.

Whether you are an athlete or a recruiter, the challenges you will have to overcome in business to suceed are similar…

There are some lessons to be learned from the world of sport when thinking of starting up a recruitment business.
I was interested to read recently that double Olympic gold medal rower Alex Gregory gave a talk to recruiters, and spoke about how the lessons he’d learned in training and competing can be related to business.

Key among his points were that you need to stay focused on your goal, and that despite setbacks and being wracked with nerves he’d persisted, never giving up hope. He also said that the big breakthrough came when he realised that he needed to focus on his weaknesses to overcome them.

In my experience, there are lots of recruitment consultants who have a goal – of starting up on their own – and just like a sports person – they can be deterred by nerves. It’s understandable. Setting up your own business is exciting but it does present enormous challenges. There’s the finance to arrange. And not just a lump sum to start the ball rolling but a committed level of support to help establish the business during the early days when income might not, straightaway, match outgoings. It does make people nervous! There’s the need for systems; road tested and compliant systems that will ensure efficient administration from the outset. And of course there’s the big jump from a salaried position to being the boss.

So, think about this. If you could overcome your – justifiable – nerves, what would be the next best step. Focusing on your weaknesses would be a good start. And those weaknesses would be all of the above. Best plan then would be to get expert help and support to overcome them wouldn’t it?

With the weaknesses covered you can then focus on your strengths. And it’s obvious what they are. Recruiting. Finding and supporting clients. Developing the business. In short, doing all those things you’re good at, but are currently doing for someone else’s gain.

Now, if you could get the support you need, to eradicate the weaknesses, and focus on your strengths; if you could be in a position where you could really concentrate on your goal, and that goal was your own recruitment business, you’d have every reason to hold on to that dream, to not give up hope. Wouldn’t you?

Well why not live the dream. At Recruit Ventures we have a business model that provides recruitment professionals, who have five years plus experience, with 100% funding, a guaranteed salary, no personal financial risk and access to a full back office support function to support their business.

It’s possible. We have over 38 successful joint venture recruitment businesses who’ve done it. Go for gold.

Contact me on jbuckman@recruitventures.com and let’s have a confidential chat.

You can find out more about Recruit Ventures unique business model at www.recruitventures.com

Author
John Buckman is chairman of Recruit Ventures and a true entrepreneur himself. Having launched and grown many successful businesses especially within the recruitment sector, John’s expert knowledge and experience grants him the opportunity to offer advice and support to others in the industry considering setting up on their own.

Constantly performing above average in recruitment? Now, if you can do that, for someone else, you can do it for yourself…

Starting your own recruitment business could start with looking at what you do now!
So what do you do now? Well, if you’re thinking of starting your own recruitment business you’re probably working as a recruitment consultant. For someone else. That makes you one of the approximately 103,000 people in the business.If you’re good at what you do, and if you’re thinking of starting on your own you probably are, then you’ll be performing above the average. And here’s the thing; recent figures show that the average annual sales per consultant in permanent recruitment were £96,000.

Now, if you can do that, for someone else, you can do it for yourself. It’s a hefty piece of turnover for a start up.

Except of course, no matter how much you’d like to ‘go it alone’, you’re understandably nervous about giving up the regular salary. And of course, starting up means having to find the finance, arrange premises, sort out systems and back office support, and that’s without branding, website building and all the demands of running your own show.

You’ll probably think of talking to the banks, because unless you’ve got a stash of capital saved up you’re going to need support. Not just for launch costs, but to ease the cash flow in the early days. The fact is, the banks aren’t renowned for being over supportive, and their services are not exactly cheap even if they do decide to help you.

What’s more, they’re not experts in the recruitment field, and probably don’t understand the very particular demands there are in the sector. How many bank managers know about probationary periods, meaning you may have to wait for payment until an employee settles in for instance?

At Recruit Ventures we have a business model that provides recruitment professionals, who have five years plus experience, with 100% funding, shares and dividends, a guaranteed salary, no financial risk and access to a full back office support function to support their business.

We can do it because we know the recruitment business. It’s our business. If you want to make your mark with your own recruitment business,

Contact me on jbuckman@recruitventures.com and let’s have a chat.

You can find out more about Recruit Ventures unique business model at www.recruitventures.com

Author
John Buckman is chairman of Recruit Ventures and a true entrepreneur himself. Having launched and grown many successful businesses especially within the recruitment sector, John’s expert knowledge and experience grants him the opportunity to offer advice and support to others in the industry considering setting up on their own.

Despite the recent turmoil around Brexit, the recruitment industry has remained buoyant.

For all the talk about Brexit, it could be a good time to talk about starting your own recruitment business!
Sorry to raise the Brexit word again, just when you thought it had gone quiet! But if you’re in the recruitment business it’s interesting to note that for all the talk about what may or may not happen, the fact is that right now the UK labour market seems to have withstood the recent turmoil. In fact even the usual ‘seasonal slowdown’ seems to have not slowed down. This summer saw an increase in jobs, salaries and applications.

So, if the recruitment business can be buoyant in times like these, it would appear that it’s a good business to be in! And, if like many recruitment consultants, you’re still dreaming of starting up on your own, then you could argue that now would be a good time to take the leap.

It is a leap of course. No matter how exciting it is, running your own business brings its own demands. Set up costs, funding the cash flow of early days, getting your back office up and running – they all have to be sorted. And you’re going to have to do it without the comfort of that salary arriving in your bank account at the end of every month like clockwork.

But, it’s tempting isn’t it? Seeing the rewards for your own efforts rather than making somebody else rich. Planning your own future. Doing things your way.

At Recruit Ventures we have a business model that provides recruitment professionals, who have five years plus experience, with 100% funding, shares and dividends, a guaranteed salary, no financial risk and access to a full back office support function to support their business.

Maybe then, despite Brexit and all the projections – which let’s face it were mostly wrong anyway! – this is the time. Do it. Contact me on jbuckman@recruitventures.com and let’s have a confidential chat.

You can find out more about Recruit Ventures unique business model at www.recruitventures.com

Author
John Buckman is chairman of Recruit Ventures and a true entrepreneur himself. Having launched and grown many successful businesses especially within the recruitment sector, John’s expert knowledge and experience grants him the opportunity to offer advice and support to others in the industry considering setting up on their own.

Worried about the IT costs involved to start a business? Don’t be, support is out there and you will be surprised how easy it can be.

If You’re Thinking Of Starting Your Own Recruitment Business You Need To Think About The Technology.
If you’re a successful recruitment consultant, consistently hitting your targets, I bet you often think about setting up on your own. Why wouldn’t you? You work hard, and you don’t always see the rewards. You have to be a ‘self starter’ anyway to do the job, so what not start for yourself?One of the main reasons people often hold back is because they know that a new start up needs fully operational IT from the word go; and that’s expensive.

But it’s not just the cost. It’s the support and back up you need. Staff will need good quality and reliable internet services and hardware. Your accountancy system needs to be reliable, up to date, and, importantly, set up by people who know the recruitment business. It’s specialist stuff.

If the finance IT need to be specialised, it’s nothing compared to the back office systems you’ll need. You use one every day – but how do you get that sorted for your own recruitment business, and have it ready from day one?

We all have a mate, or a mate of a mate, who is ‘really good at IT’ nowadays. But it’s not going to be good enough to rely on well meaning but amateur support.

The truth is, if you’re going to start your own recruitment business you’re going to need the full, specialist, package. And that’s what we do.

At Recruit Ventures we have a business model that provides recruitment professionals, who have five years plus experience, with 100% funding, shares and dividends, a guaranteed salary, no financial risk and access to a full back office support function to support their business.

If you want to talk about the technology – and everything else about starting your own recruitment business , contact me –John Buckman at jbuckman@recruitventures.com and let’s have a confidential chat.

You can find out more about Recruit Ventures unique business model at www.recruitventures.com

Author
John Buckman is chairman of Recruit Ventures and a true entrepreneur himself. Having launched and grown many successful businesses especially within the recruitment sector, John’s expert knowledge and experience grants him the opportunity to offer advice and support to others in the industry considering setting up on their own.

It’s a proven fact that recruitment consultants are entrepreneurial by nature, but all to often taking that next step is seen as just too risky.

Your Own Recruitment Company. Right Now. Right Here
start your own recruitment business

Latest figures, endorsed by the Recruitment and Employment Confederation (REC) and KPMG Report on Jobs, paint a picture of a healthy UK labour market. It appears though to be a very UK based trend with the European position being less robust. That in turn is reflected in UK based recruitment companies outperforming their internationally focused competitors

So, what better time than now to start a UK based recruitment business?

It’s a well proven fact that recruitment consultants are entrepreneurial by nature. But, all to often taking that step into running their own business is seen as just too risky.

The rewards are there for the taking, and all the more attractive in that you’ll be reaping them for yourself, by your own efforts. Somehow though you feel that securing finance, organising back office systems to be up and running from day one and getting premises sorted out is all a bit daunting. And of course, for all the independence, you say goodbye, for a while at least, to a regular salary.

It doesn’t have to be that way! At Recruit Ventures we have a business model that provides recruitment professionals, who have five years plus experience, with 100% funding, shares and dividends, a guaranteed salary, no financial risk and access to a full back office support function to support their business.

All the signs are that right here is the place to start. And right now is the time.

If you’re tired of working for someone else, but you’re bursting with energy to work for yourself, send me a email right now at jbuckman@recruitventures.com and lets get talking!

Author

John Buckman is chairman of Recruit Ventures and a true entrepreneur himself. Having launched and grown many successful businesses especially within the recruitment sector, John’s expert knowledge and experience grants him the opportunity to offer advice and support to others in the industry considering setting up on their own.

There’s a lot of talk just now about some forthcoming legislation and how it will affect the recruitment consultancy sector.

Setting Up Your Own Recruitment Company Without Riding The Financial Roller Coaster.
rollercoaster2
There’s a lot of talk just now about some forthcoming legislation and how it will affect the recruitment consultancy sector. It’s not yet finalised but the indications are that, by the autumn, recruitment companies will benefit from some changes aimed at boosting so called ‘invoice finance’.

How does it work? A lender uses the company’s invoices as collateral, and then makes a cash payment, of sometimes up to 90% of the consultancy’s unpaid invoices.

Why is ‘invoice finance’ popular with recruitment consultancies? Because it frees up money to smooth out the all too familiar roller coaster of cash flow problems caused by paying out to temps and contract workers before getting payments in from the client.

That quite daunting cash flow trap is something that’s put off even the most entrepreneurial recruitment consultant from setting up their own business.

It needn’t. At Recruit Ventures we have a business model that provides recruitment professionals, who have five years plus experience, with 100% funding, shares and dividends, a guaranteed salary, no financial risk and access to a full back office support function to support their business.

If you want the excitement of the ride without the ups and downs of the recruitment cash flow roller coaster, contact me on jbuckman@recruitventures.com and let’s have a chat.

You can find out more about Recruit Ventures unique business model at www.recruitventures.com

Author
John Buckman is chairman of Recruit Ventures and a true entrepreneur himself. Having launched and grown many successful businesses especially within the recruitment sector, John’s expert knowledge and experience grants him the opportunity to offer advice and support to others in the industry considering setting up on their own.

There are millions of opportunities right now to match the right people to the perfect job so ask yourself …is now the right time to make

There Are Millions Of Reasons For Setting Up Your Own Recruitment Company. And One Really Good Way To Do It.

Mentioning no names, but out there in the world of online job sites there’s one that now has a database of over 10 million cv’s. Now, if that’s just one website, even allowing for duplication, there are millions of people out there actively seeking work.And that means there are millions of opportunities for recruitment professionals like you to match those people to the right jobs with the right companies.

Which is probably what you’re dong right now. Except you’re doing it for someone else. The thought of going alone and setting up your own recruitment business is always there of course but, as those figures show, it’s a big market and to get into it you’d need to get things really well organised. And you’d have to take that leap out of a regular salary and into the unknown.

The fact is that any new business venture has risks. In the recruitment sector there are cash flow pressures, and you need the branding, systems and security to be up and running from day one. Most of all, if you’re to bring out the entrepreneur that’s been hiding within you, you’ll need to be able to get on with what you do best – finding and handling clients – rather than worrying over the business itself.

At Recruit Ventures we have a business model that provides recruitment professionals, who have five years plus experience, with 100% funding, shares and dividends, a guaranteed salary, no financial risk and access to a full back office support function to support their business.

If you want to tap into those millions of opportunities – and who knows, maybe make a million or two – contact me on jbuckman@recruitventures.com and let’s have a chat.

You can find out more about Recruit Ventures unique business model at www.recruitventures.com

Author
John Buckman is chairman of Recruit Ventures and a true entrepreneur himself. Having launched and grown many successful businesses especially within the recruitment sector, John’s expert knowledge and experience grants him the opportunity to offer advice and support to others in the industry considering setting up on their own.