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7 Smart Ideas to Help Grow your Recruitment Agency

7 Smart Ideas to Grow Your Recruitment Agency

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Specific guidance for the recruitment and staffing sector that will help to drive growth. Download the full paper here: http://etzbackoffice.com/uk/resources/7-smart-ideas-to-help-grow-your-recruitment-agency/

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Page 1: 7 Smart Ideas to Grow Your Recruitment Agency

7 Smart Ideas to Help

Grow your Recruitment

Agency

Page 2: 7 Smart Ideas to Grow Your Recruitment Agency

Take the time out of timesheets

Looking beyond conventional wisdom on business efficiency

There are a number of areas that can be optimised to improve the overall efficiency of a business

However…there is a lot of focus here on the basics that every business should

sharpen up as part of a management review of internal business functions 

In this slide deck we look beyond this to a number of ideas that use a smarter approach to help power real growth for recruitment businesses

Page 3: 7 Smart Ideas to Grow Your Recruitment Agency

Take the time out of timesheets

SMART IDEA ONE

Businesses that

dominate the

marketplace are

often perceived to

be thought leaders

 

Develop marketing

content that positions you

out as a thought leader by

owning ideas, exceptional

positions on industry topics

and business issues

Use digital technology

channels to distribute

your thought

leadership materials

to your customers and

prospects

“Develop and deliver digital marketing content that identifies you as a thought leader”

Page 4: 7 Smart Ideas to Grow Your Recruitment Agency

Take the time out of timesheets

SMART IDEA TWO

Important to embrace planned, structured and integrated social media activity as part of an integrated approach to marketing

Social media channels including Twitter, LinkedIn, blogs and email marketing provide a variety of ways to engage customers and

prospects with thought leadership content

Technology tools provide the means to control and integrate activity as well as collect contact data to develop as leads and prospects

“Integrate social media as part of a structured approach to communication”

Page 5: 7 Smart Ideas to Grow Your Recruitment Agency

Take the time out of timesheets

SMART IDEA THREE

Integrating online timesheets with accounting, payroll and invoicing systems provides the opportunity to accelerate

back office processes

An integrated approach increases the tempo and enables weekly invoicing accelerating cash flow

Accelerated cash flow is an important consideration for entrepreneurial recruiters for the purposes of due diligence

and valuation at M&A time

TIMESHEET  

“Use an integrated approach to drive greater financial efficiency”

Page 6: 7 Smart Ideas to Grow Your Recruitment Agency

Take the time out of timesheets

SMART IDEA FOUR

Conduct research of the mass of information sources on the internet to gain market intelligence

Collate and cross reference information from more than one source, for example labour statistics, merger and acquisitions (M&A)

information and recruitment industry research

Rather than searching 'blindly' it is useful to initiate research activities with the objective of proving or disproving a theory

or assumption

“Conduct or commission research to obtain market intelligence”

Page 7: 7 Smart Ideas to Grow Your Recruitment Agency

Take the time out of timesheets

SMART IDEA FIVE

Software-as-a-Service (SaaS) - 'cloud' -

applications offer value,

power and flexibility and

have been one of the

great success stories in the

technology world

Specialist Line-of-Business (LoB) applications address

specific areas for different

sectors - a timesheet

application delivers the

functionality the

recruitment and staffing

sector requires

SaaS represents the best value because it eliminates

traditional direct costs

associated with software,

such as servers, licensing

maintenance and support

“Don’t overlook the win-win of SaaS, cloud-based technology”

TIMESHEET  

Page 8: 7 Smart Ideas to Grow Your Recruitment Agency

Take the time out of timesheets

SMART IDEA SIX

The best smart back

office software solutions

frequently combine the

benefits of SaaS with the

industry specific focus

found in Line-of-Business

applications.

Integrating recruitment

LoB SaaS applications in

areas such as timesheets,

accounting, payroll and

invoicing joins up the dots

in the most efficient and

effective way

SaaS even protects

investments in existing on-

premise software

packages installed on your

servers, because good

cloud applications should

integrate with them

“Take an integrated approach to back office software”

TIMESHEET  

Page 9: 7 Smart Ideas to Grow Your Recruitment Agency

Take the time out of timesheets

SMART IDEA SEVEN

Front office technology such as online job boards and systems for applicant tracking and candidate management have dragged recruiters away from the basics

There is an emphasis on tests such as psychometric evaluation and Myers-Briggs personality testing to measure the suitability of candidates

These should be used in conjunction with polished soft skills to deliver true value where employers get the right contractors and employees, while workers get the right roles

“Get back to basics to combat negative candidate and client perceptions about the recruitment sector”

Page 10: 7 Smart Ideas to Grow Your Recruitment Agency

Take the time out of timesheets

Etz Timesheet Solutions

Find out more about Etz on our website: www.etzbackoffice.com

Australia Telephone: +61 2 9375 2362

UK Telephone: +44 (0)870 460 2698

Find out more and download our free white paper: 7 Smart Ideas to Help Grow Your Recruitment Agency: http://goo.gl/hWsZGE