A new recruitment industry initiative has been launched to ensure that recruitment businesses are ready to take advantage of the economic recovery.
‘Gear Up For Growth’ from Outsauce brings together leading recruitment industry providers, including Brabners LLP, Saffrey Champness, RIDA and the Elite Recruitment Network, to deliver a comprehensive guide to growth in 2014 – available free to recruiters at www.gearupforgrowth.com
“Growth is great, but it brings its own challenges,” says Miles Lloyd, CEO for Outsauce. “For example, more businesses went bust coming out of the last recession than during it. It’s vital to achieve sustainable growth while maintaining consistent service levels. ‘Gear Up For Growth’ is designed to ensure recruitment entrepreneurs are fully prepared to grasp those elusive ‘green shoots’ and grow from a position of strength.”
The initiative takes recruiters through the key opportunities and pitfalls of expansion, with exclusive insight from experienced industry professionals.
The cornerstone guide launched today will be followed by a series of five supporting guides each focusing on specific aspects of business development. Themes include; diversification and acquisitions, balancing overheads against the bottom line; seeking new margin opportunities; cash management; achieving compliance.
“Compliance is critical to business development in 2014,” adds Lloyd. “With the consultation on onshore employment intermediaries legislation, auto-enrolment and more changes to recruitment regulation ahead, Gear Up For Growth shows recruiters how to grow sustainably while satisfying HMRC.”
The Recruitment Society will be chairing a series of recruiter focused events in support of the initiative; with speakers drawn from among the Gear Up For Growth contributors and other respected industry commentators.
The guide can be downloaded here: www.gearupforgrowth.com
