If you’re thinking of starting up a recruitment business
We’re prepared to bet on what’s worrying you- Risk and Funding.
Frankly it’s quite a safe bet. No matter how much research is done into business startups, and recruitment startups in particular, the biggest worries, and the main reasons some startups don’t start up, always emerge as Risk and Funding.
An Unhappy Vicious Circle
The irony is that there’s too much of one, and not enough of the other. Bank managers, and other sources of finance, see the initial strain on cash flow as too much risk. Would be entrepreneurs, struggling to get backing begin to perceive their idea as too much of a risk, because they can’t get enough funding. It’s an unhappily vicious circle.
Recruitment Startups are High Risk for the Bank Manager
To be objective about it, there is some validity in some of the opinions that creep in to the process. On paper the idea of a new recruitment business does look like a high risk for a bank manager. High overheads in the startup period, when income is bound to be low is one issue. But then there’s the need for paying temporary workers before the client pays you. And the media costs that have to be paid to attract candidates, before they can be placed, and generate earnings. All of that adds up to risk because, and this is important, most bank managers know about finance but they don’t understand recruitment.
You of course, as a recruitment professional, and would be entrepreneur, do understand recruitment, which means you see the potential. But without funding, even you start to see the venture as a risk.
And, again, to be objective about it, there are some risks to you. If you do manage to secure a finance deal it’s probably going to be expensive, it’s certainly going to be another monthly overhead, and it may well have your house tied to it as security.
Your house tied to a loan as security … why take the risk?
That’s the house you need to pay the mortgage on, even though you’ve started up on your own and in doing so said goodbye to a regular salary. In fact, the whole of your lifestyle starts to look in jeopardy; because there’s too much risk and not enough funding.
The Recruit Venture Group startup solution is genuinely risk free and fully funded.
Our model has been conceived, refined and developed from years of experience in recruitment, specifically to help professionals start their own recruitment businesses. That’s the first thing; we understand recruitment.
We also understand recruitment entrepreneurs. We know what makes them tick, and what they need to get started.
With us, you run your business, without running the risk. We’ll provide all the funding you need to start up, plus shares and dividends. And, finance aside, we’ll provide a full back office and support system. It’s everything you need to get started, get ahead and get growing.
You get a salary, funding and full support … the perfect opportunity to setup on your own
You’ll be able to pay yourself a salary from day one, which means you can concentrate on the business, and feel safe in the knowledge that you can maintain your lifestyle.
You’ll need to be able to show us you’ve had five years’ experience in recruitment, and that you’ve probably specialised in a sector that you feel you can develop. But if you don’t tick those boxes you’re probably not thinking about starting a recruitment business anyway. If you do tick those boxes, we’re prepared to bet that no matter how keen you are, you’re still worrying about risk, and funding.
Let’s chat about your plans and were sure we can put your worries at bay…