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5 Points to Cover in Your Staffing Agency Business Plan
Your staffing agency business plan is your blueprint for success, whether you are starting a staffing agency or planning for expansion. Not sure where to start? Here are the five key points to cover when creating your staffing agency business plan. Write your elevator speech. You should be able to describe your new company to your…
Read MoreHow Full-Service Payroll Factoring Enables New Staffing Businesses to Thrive
The financial choices you make during the early stages of your staffing firm are critical to its growth, and among those choices is how to fund payroll. Your first instinct may be to look to banks as a payroll funding solution. But the long application and approval processes, many fees, and strict covenant requirements typical…
Read MoreHow to Start a Temp Staffing Agency in 6 Steps
Creating your own business may seem daunting, but staying organized and focused is key. Follow our six steps on how to start a staffing agency and you’ll be well positioned for future success. 1. Gain Staffing Industry Experience Too many people try to start their own company with little to no experience in the…
Read MoreHow to Price Your Staffing Services
Setting the prices for your staffing firm’s services can be tricky. Some of the costs that you need to cover are obvious — the pay rate of the worker, employer taxes (FICA, Medicare, SUTA, and FUTA), workers compensation, any benefits that are paid, plus overhead. But determining the remainder of the markup is difficult, especially…
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