Seldom are people put off starting up a business because they feel they are not talented enough. Most people feel they could make a genuine success of it if not for all the extra baggage that comes with launching and maintaining a new business.
The same goes for recruiters. There will be many with some solid years of experience under their belt who feel they could spread their wings and start up their own agencies.
They are not held back by how good they are at sales and recruitment, but by all the other risk factors that go into starting a business.
Those financial, legal and other administrative obligations that go into starting and running a business can also take budding recruitment entrepreneurs away from the thing they do best – filling vacancies.
The Recruit Venture Group was founded on the basis that there is a huge amount of talent in the recruitment space that, given the right support and guidance, could make the jump to starting their own agency.
They understand that talented recruiters can’t be a number-crunching accountant, a legal eagle, an IT whizz and a marketing maestro and still expect to excel in the sales and recruitment they do best. And, just as importantly, they realise that most recruiters are not always sitting on a pile of cash to get things moving either.
The Recruit Venture Group backs its businesses with 100% of the funding they need to launch and provides the necessary back office support to allow the business to immediately start generating revenue by letting recruiters what they do best.
Paul Mizen, Recruit Venture Group Managing Director, said: “It is totally understandable why, with the amount of money, stress, worry and risk associated with starting a new business, that some people think that it could never be for them.
“Those very reasons are the foundation of why The Recruit Venture Group was started in the first place. There’s a huge amount of recruitment talent right across the UK, but once those people have been successful for a few years, what’s their next step? Logically, one of the best options would be to start their own business and our job is to break down those barriers and help unlock the potential of their very own enterprise.”
“I’m delighted to say that this model has been hugely successful so far, and businesses which have been started with the help of The Recruit Venture Group are filling vacancies, generating revenues and are growing year-on-year.”
“It is clearly not only satisfying for those recruitment agents who have started their own businesses from scratch, but also hugely rewarding for us to see these new enterprises continuing to go from strength to strength.”
Running any small business still takes a lot of time and energy, but the right back office and financial support is key. With that in place, talented recruiters will be able to avoid sweating the small stuff and focus on where their abilities lie.
Most importantly, they will also avoid becoming just another failed small business statistic.
SOURCE: (ONS) https://www.ft.com/content/cb56d86c-88d6-11e7-afd2-74b8ecd34d3b