Posts Tagged ‘staffing agency business strategy’
Encore Funding’s Chad Eberly Named a 2026 ABF Journal Legends & Leaders Award Recipient
CLEVELAND, OHIO – May 12, 2026 – Encore Funding, an alternative lender that unlocks capital and strategic support for entrepreneurs in the staffing and transportation industries, is pleased to announce General Manager and Co-Founder Chad Eberly has been named a recipient of the 2026 ABF Journal Legends & Leaders Award in the NextGen category. The…
Read MoreHealthcare Staffing Factoring: Which Options are Right for You?
Is healthcare staffing factoring worth it? In my opinion, yes! Access to reliable financing is essential for survival and growth. Without adequate cash flow, you can’t meet payroll obligations, take on new clients, or weather unexpected market changes, stunting your ability to scale. Below, I share the pros and cons of three primary financing options…
Read MoreHow to Balance Competitiveness and Profitability with Your Bill Rate vs. Pay Rate
As a staffing entrepreneur, you’ve likely discovered that setting the right bill rate vs. pay rate is a balancing act that can make or break your agency’s success. A misaligned pricing strategy can either send clients to competitors if it’s too high or erode profitability if it’s too low. Simply put, if you are pricing…
Read MoreCase Study: Invoice Factoring Helps Telecom Service Vendor Solve Cash Flow Crunch to Double in Size
Better Cash Flow Allows Specialized Services to Rapidly Grow Specialized contracting companies often balance lucrative opportunities with unique cash flow challenges. Our client is a prime example. This contracting company provides highly skilled workers, specialized vehicles, and equipment to upgrade fiber optic cable lines across the United States. When they first partnered with us, they…
Read MoreMeet Seasonal Demands with Payroll Funding for Hospitality Staffing
The Hospitality Industry Thrives On Flexibility Whether it’s peak tourist season, holidays, or large events, we’ve seen how hospitality staffing entrepreneurs scale their workforce quickly to meet fluctuating demand. However, cash flow gaps caused by delayed client payments can make it difficult to cover payroll on time. That’s where payroll funding for hospitality staffing becomes…
Read MoreWorkers’ Comp for Staffing Agencies: Avoid Headaches with Proactive Solutions
Navigating Workers’ Compensation in the Staffing Industry: Challenges and Solutions In my experience, workers’ comp for staffing agencies is one of the most critical and complex considerations for staffing entrepreneurs. Unlike traditional employers, you place workers across multiple job sites, industries, and roles, which can make claim management a challenge! Controlling workplace safety is difficult…
Read MoreAvoid Cash Flow Gaps, Scale Your Professional Services Staffing Agency with Payroll Funding
Factoring Companies for Staffing Agencies Support Growing Demand Over the past few years, I’ve noticed the growing demand for professional services staffing in IT, legal, finance, and engineering industries. ASA research backs up my hunch: staffing agencies in this sector are on the cusp of unique growth opportunities! ASA’s 2024 Staffing Industry Playbook cites, “As…
Read MoreA Staffing Agency Social Media Marketing Guide for Sales Reps
By: Darlene Barzilay, Vice President of Business Development and Micki Reisman, Business Development Associate Build Relationships with Key Audiences on Social Media As a staffing agency sales representative, you’re probably familiar with staffing agency social media marketing. It’s a powerful sales tool, but it can feel daunting to know where to start. We’ve both used…
Read MoreHow Payroll Funding Promotes Industry Diversity, Supports Minority-Owned Staffing Agencies
How Payroll Funding Supports Minority-Owned Staffing Agencies Access to cash remains a persistent challenge for minority-owned staffing agencies. The 2022 Fed Small Business Credit Survey found that only 19% of Hispanic-owned, 16% of Black-owned, and 15% of Asian-owned firms received all the financing they applied for, compared to 35% of White-owned firms. This disparity persists…
Read MoreHow to Conduct a Workforce Analysis for 2025 Success
Learn the essential steps to complete a workforce analysis for your staffing company. Hear from our experts!
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