It’s A Good Time To Start A Recruitment Business You Can Bank On It!
So why now is a good time.
A leading bank – we don’t name names – has published their research on entrepreneurship within in the UK and it seems we’ve as a nation become more entrepreneurial than ever!
Tell me more.
The report says that ‘The extent to which people perceive business opportunities in their region, and view entrepreneurship as a desirable career choice, are both at a significantly higher level now…’ And it’s been rising since 2011.
Got any more data?
Actually we do. Not only do more people see starting up on their own as a good move, the proportion of the population who see good opportunities to establish a business in their region has risen by 42.1%.
OK, so lots of people think it’s a good idea but why should I?
Three main reasons really.
Firstly, if the UK is increasingly full of new businesses, of all sizes, they’re going to be looking for staff aren’t they? We figure that means there are opportunities for recruitment businesses – just like the one you’re thinking of starting!
Secondly, the research would seem to indicate that starting up your own business is an increasingly viable, increasingly attractive and proven means of furthering your career and enhancing your lifestyle.
That’s quite a lot of reasons actually. I’m guessing the third one is it’s a good time to talk to that bank and sort the finance to launch my recruitment business.
Ah. That wasn’t quite where we were going with this. We’ve nothing against the banks. and yes you’ll need a business banking partner. But, is a bank the best place to go to arrange finance for a new recruitment business? We think possibly not.
There will be a lot of conditions with a business loan – if you can arrange one. And, to be frank, do the banks really understand recruitment? You’re experienced in the sector, so you know the oddities of cash flow that can impact on a consultancy. When you’re running your own business they can sting even more. Especially in the early days.
So what do you suggest?
Funny you should ask that as we have a suggestion. Recruit Ventures provides a complete package for start up recruitment businesses. You get shares in, and dividends from, your own company, plus the ability to pay yourself an salary from the day you launch. All that and your backed with 100% funding so there is no personal capital outlay and ALSO you’ll also have access to our back office systems and support.
I take your point. ..so total support, from people who know about recruitment.
We couldn’t have put it better ourselves!
Can we talk about this please?
Certainly. Just e mail us at info@recruitventures.com
And you really do help? And you really do believe this is a good time to start?
You can bank on it!