Thinking About Running Your Own Recruitment Company? And Already Thinking About Outsourcing Things Like Payroll?
Let’s assume for the moment that you’ve got the finance organised to back your start up.
You’ve arranged premises, sorted your marketing, had your website built and got in place all the necessary computers and systems to get you operational from day one. If – and let’s be honest here, it’s a big ‘if’ – you’ve done all that you’ve doubtless realised that setting up a recruitment company is demanding enough on your time without actually running it.
Perhaps YOU have thought about outsourcing some of the functions
It will allow you time to keep your eye on the ball, and finger on the pulse. In short, to get on with what you do best, which is recruitment!
Top of your list – the payroll function!
If you are, already, thinking about it and to be frank, it makes sense. Why not outsource your payroll function. To an extent. You can’t do it all yourself,so it’s better to have experts on the case, and it’s also one less thing for you to be immersed in. Or distracted by. Again, to be fair, it can prove quite cost efficient. And that expertise we mentioned really does come into its own when it becomes necessary to deal with HMRC!
Do outsourced payroll and accountancy providers really understand recruitment companies?
Well you know as well as we do that the recruitment industry has lots of unique aspects that affect the cash flow and financial timings in very particular ways.
Come to think of it
How much does your potential backer also know about recruitment?
Chances are they see you as an investment, and will be keen to see their repayments made on time, but won’t necessarily relate to those same unique oddities of the recruitment business. You know – paying the temps on time before the client pays you, to name but one!
So, imagine this.
Financial backing from someone who truly knows about recruitment.
Backing that goes beyond the start up capital to also provide you with a regular income to maintain your lifestyle , shares and dividends – and access to a complete back office and support system.
A full payroll and accountancy service
And then imagine that, on top of all that, a full payroll and accountancy service from the same backer delivers ; sorting the salaries, handling HMRC, balancing the books and really understanding recruitment.
Couldn’t happen could it?
Well It can.
It’s precisely what we do at Recruit Ventures.
We back you, support you and help you grow – by letting you get on with running the business. Without running the risk.
And we’ll handle things like your payroll.
We see it as -inside outsourcing or put another way – an outstanding opportunity!
Email at info@recruitventures.com or fill in our form.