5 Strategies That Will Help You Grow Your Recruitment Agency

5 Strategies That Will Help You Grow Your Recruitment Agency

Growing your recruitment business takes diligence, but you can plan your approach to growth strategically. Whether you are looking to expand your team, adopt new technology, or add liquidity here are five simple ways to grow your recruitment agency.

 

1) Create opportunities!

Relationships within recruitment are essential! Building a network of contacts and clients means your agency will be able to rely on the knowledge and expertise of the people you know, allowing you to grow.

Establish a strong position with your contacts; meaning meetings and catch-ups are a must. Utilise social media channels such as LinkedIn, Twitter, and sector-specific blogs to expand your network without physical constraints.

 

2) Stay one step ahead.

A proactive approach to your processes will allow you to remain in control. Clear and maintained communication is key to success. Make sure agreements with clients are in writing and clear to understand, send a follow-up email to confirm requirements including a detailed job spec.

Understand your client’s and contractor’s needs and wants and offer realistic solutions. This strategy will make you a far more reliable recruiter and will also mean you don’t try to over-deliver.

 

3) Always dot the i’s and cross the t’s!

As a business owner, it is your responsibility to keep up to date with employment laws and regulations affecting you and your business. Consider joining industry-leading organisations such as APSCo who will provide you with advice and industry updates.

Keeping an eye on what’s happening and being in the know pays in the long run. By ensuring your agency is compliant you can protect your business from any barriers to growth.

 

4) Go digital!

You will need a system in place that will allow you to grow, and there are many tech solutions out there. Make sure you pick the right option and one that provides smooth back-office support. With minimal admin, you can focus on your day job and growing your business, rather than being distracted running other processes.

At 1PS we have a great understanding and insight into how recruitment agencies work and the speed at which placing contractors happens. We understand that the process needs to be intuitive and simple. Our automated communications, invoices, and timesheet setup means users across the platform can navigate and execute tasks quickly and without error.

 

5) Keep the cash flowing.

Cash flow in recruitment is notoriously difficult, the more successful you are at securing contracts and placements the more funding you need to be available. A strong cash flow position will enable you to reinvest in your team and grow quicker.

1PS ensures funding is available quickly and without delay, allowing you to focus on what you do best, growing your business.

 

Other Thoughts

If you are specifically interested in scaling your recruitment business then check out our recent blog post on Ways To Increase The Value Of Your Recruitment Business.

For more information on 1PS our service and offerings please contact us directly.