7 Things Staffing Agency Owners Wish They Knew Before Starting Their Company

two people sit at a desk facing each other in a sun-lit office with a computer monitor in front of them a TV on the wall behind them.

What Staffing Agency Owners Wish They Knew Earlier  A staffing company is a rewarding business venture, but it can be a challenge to get started without the right information as a staffing agency owner. Many successful owners make common mistakes early on, like underestimating the power of factoring for staffing companies, and learning through trial…

Read More

Top 6 Mistakes to Avoid When Starting a Staffing Agency

How to Start a Staffing Agency: Pitfalls to Avoid Early On  Whether you’re interested in how to start a staffing agency or you’ve already begun doing business on your own, congratulations and welcome! The staffing industry is multifaceted and intriguing. When you first start out, though, it can be difficult to know what mistakes you…

Read More

How to Make the Most of Your Staffing Agency Business Partnerships

As a staffing agency owner, it’s important to get the maximum value out of your business partnerships. Ed Burr, Director of Client Growth & Strategy at Encore Funding, was featured on a webinar hosted by UZIO, a technology platform for businesses, to share vital information that all staffing agency owners should know.  Watch Ed and…

Read More

What 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 More

Payroll Factoring 101: Recourse vs. Nonrecourse Factoring

​​​​​You may already know that factoring is when a factoring provider like Encore Funding buys your outstanding invoices and transfers you cash​. However, it’s important to understand the two main types of factoring, recourse vs. nonrecourse, before you decide how to manage your staffing firm’s capital needs. ​​     ​  ​​​Read on to discover more about…

Read More

Governmental Requirements to Start A Staffing Agency

Government regulations for starting 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 More

How to Write a Staffing Agency Business Plan: 5 Essential Sections

learn how to write a staffing agency business plan

A business plan is a living document that can change as your company grows and should be updated as necessary. There’s no right or wrong way to write a business plan; however, there are several key elements that all staffing companies should have in place as a guide to keep the business focused. Here’s how…

Read More

How to Retain Staffing Employees

how 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 More

Managing Sales in a Competitive Industry

Managing Sales in Competitive Industry cover photo with Joel Adelman headshot

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 More

Recruitment Strategies for Staffing Agencies

Recruitment Strategies header photo with Joel Adelman headshot

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 More