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Case Study: Payroll Funding & Personal Attention Achieve Major Results
Solutions to Employee Turnover: Strong Partnership With Your Payroll Funding Lender When high employee turnover and lackluster payroll funding service collide, where do you turn? One light industrial, general and administrative staffing firm wasn’t given the guidance or support to overcome these challenges with their previous lender. They found themselves in a tough situation. …
Read MoreUnlock the Power of Accounts Receivable for Your Staffing Company
Accounts Receivables: What You Need to Know Accounts receivable (A/R) isn’t just a financial term; it’s the lifeblood of your staffing company. A/R is the money your customers owe you for the services your employees have provided on credit. Let’s dive into A/R and break down its complexities into manageable, essential components. Build a Solid…
Read MoreWhat Is Invoice Factoring and How Does It Work?
It can often take 90 days or longer to receive payment from customers or clients. Invoice factoring, also called payroll factoring or payroll funding, gives you access to the instant cash flow you need to meet financial obligations. Staffing companies commonly rely on invoice factoring because long waiting periods make it difficult to maintain operations…
Read MoreGovernmental Requirements to Start A Staffing Agency
Rules, regulations, processes – there are many steps required to start a staffing agency and it may seem confusing on the surface. We’re constantly asked: What are the requirements to start my own staffing company? Can you tell me the main steps to follow before opening my own staffing business? Aside from the regulations…
Read MoreHow to Retain Staffing Employees
Some temporary employees enjoy the impermanent nature of temporary work, preferring to gain a wide range of experiences. Others take on temporary work in addition to a full-time job for extra money. No matter the employee’s intent, it’s important you know how to retain staffing employees and gain a reliable pool of talent to fulfill…
Read MoreManaging Sales in a Competitive Industry
There are roughly 20,000 staffing agencies in the US, which equals a lot of competition. Our team of business consultants can train your sales people how to sell better. We’re committed to helping your staffing agency grow with smart moves. Contact Encore today for help managing your sales or cash flow.
Read MoreRecruitment Strategies for Staffing Agencies
There’s never been a time in our country when recruitment has been more difficult. Our team of business experts understand your recruitment challenges and have strategies and tools to improve your process. This is just one reason why a growing staffing employment agency should partner with a company like Encore Funding. Contact us for recruitment…
Read MoreDealing with Compliance in Your Staffing Agency
In the world of staffing, it’s a very complicated business with the back-office functions and payroll. Our team of business experts have experience in the staffing industry and can help with strategies and tools to make sure your staffing agency meets compliance. Contact us today.
Read MoreCash Flow Challenges for Staffing Agencies
All businesses obviously need cash, but a staffing business is ven more unusual with their cash needs. Our clients don’t feel any of the pinch of being with a regulated lender with excessive red tape and compliance issues to access capital. We make it easy to get funding. Learn more about our funding solutions…
Read MoreWhy Work with Encore Funding?
When you work with Encore… You gain a team of advisors that believes in YOU – your business, your vision and your potential. As a company that’s wholly dedicated to the staffing industry, we’re proud to support businesses that help millions of people make a living every single day. Learn more about our team of…
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