Start your own recruitment company?
Listen to what those already up and running are saying?
When you’re thinking of setting up on your own it would be folly not to take some soundings from existing businesses in the same sector. Fortunately for us, the recruitment sector does produce a lot of surveys, feedback and intelligence and here’s a straight fact from 2017.
When asked, 65% of recruitment professionals quoted increasing profitability as a ‘primary goal’ for 2017.
Why wouldn’t they? It’s what business is all about – growing, improving performance. But take note – that answer came from existing recruitment businesses. What it shows therefore is that even after you’re established there’s a need, in today’s market, to increase profitability. So, what’s it going to be like for a start up?
The truth is it could be somewhat challenging. In those early stages there are a lot of outgoings to be dealt with; legal fees, branding, premises, leases, systems, software, furniture – and that’s just to get you started. And they’re all coming before you’ve established any significant income streams which means the cash flow is stretched. On top of which you’re highly likely to be starting the repayments on the loan you raised to launch the business.
Throw in the attendant worries about paying your own mortgage and domestic bills and somehow profit, let alone increased profit, seems a long way off.
And yet, all over the country, recruitment businesses that started up with support from The Recruit Venture Group are getting into profit soon after launching and increasing their profitability at an impressive rate.
The reason is that we provide a total, and risk free, package of support.
Full initial funding is just part of it. You’ll also get shares in, and dividends from, your own business. At the same time you’ll have access to a complete back office and support system.
Being able to pay yourself a salary from day one will give you the peace of mind to concentrate on building you business.
We’re here to guide you, and support you, but it’s your business. The difference is that with big backing and smaller overheads you’re in with a better chance of profitability than most.
Apart from most of our Recruit Venture Group start ups – who are doing rather well thank you. Apply Now.
You could profit from it.