Cash maybe king but it’s cash flow that rules
a start up recruitment business.
‘Cash is king’, the phrase that first saw the light of day in some very dark times. It appeared in the 1980s when stock markets were crashing like there was no tomorrow. In fact, for many businesses, there was no tomorrow.
Behind it was the idea that no matter how fluid the markets become, no matter how sophisticated the financial management is, ultimately it’s advisable to have some cash stashed away.
It makes sense. And yet, in the day to day running of a business, cash might be king, but it’s cash flow that rules.
Apply that to the recruitment sector and it becomes so true that many a potential start up has simply not started, and lots of potential backers have quickly backed off.
The path between identifying a role to be filled and being paid for filling it is a long and steep one. It’s labour intensive. The role has to be advertised, and candidates found. Applications need to be scrutinised. Then there are interviews. Short lists. Second interviews. Probation periods. And then, eventually, after the role is filled and the final candidate placed, the recruitment consultant, hopefully, gets paid. That’s after the expense of all the aforementioned stages has flowed out of the business. A lot of flowing out before the flowing in.
But you’ll know all of this. As a recruitment professional (and why else would you have read this far?) you know how that works. It’s just that if you’re thinking of starting your own recruitment consultancy it all looks rather more perilous than it does when your employer is carrying the load.
We know all that too. It’s why we’ve developed the business model that’s currently helping set up recruitment businesses all over the uk.
We’re there at the start, providing 100% funding to launch the business, free of all risk. We sort out just about everything you can think of in terms of getting you started. Premises, systems, branding and, crucially, access to our back office and software making you operational and efficient the moment you open your doors.
After that it’s your business, and you run it. You’ll have shares in it, and you’ll draw dividends.
And then there are two more really important things. Firstly you’ll be able to pay yourself a salary. Trust us – the knowledge that your domestic cash flow is running smoothly is better than a cash bonus. It helps you concentrate on running your business more than you can imagine.
Secondly, we’re there to help your business with invoicing and payroll and credit. We’ll flatten out the peaks and troughs of cash flow so that things run smoothly. And that’s another load off your mind.
Which means you can get on with the job of growing your business. To the point where you can stash that pile of cash and you’ll rule the cash flow – not the other way round.
If you’ve got five consecutive years experience in the recruitment industry, ideally three years track record within the same sector, and you’re serious about setting up on your own, Apply Now.
Make every day count.