Three strategies to revisit for continued success

Congratulations on your staffing agency’s success. You’ve beaten the odds, and now you lead a large and still-growing firm. You’ve attracted a roster of valuable clients and top talent and have found a staffing agency funding source that eliminates cash flow stress. Take pride in all that you and your people have accomplished. You’ve earned […]

Top 5 reasons to consider payroll factoring

Payroll factoring is a favored form of staffing agency finance, and it’s easy to see why.   With payroll factoring, staffing agencies sell their accounts receivable invoices for a fee to obtain immediate cash. Your clients then pay the factor directly.   Still not convinced? Here are the top five reasons you should consider payroll […]

Factoring to improve a staffing company’s cash flow?

Through payroll factoring, staffing agencies sell their accounts receivable invoices for a fee to obtain immediate cash. The staffing agency’s clients then pay the factor directly.   This arrangement provides your staffing firm with:   Instantaneous cash to operate and grow your business instead of waiting the traditional 30, 45 or even 60 days for […]

How to Start a Staffing Agency

Ready to start a staffing agency? It may seem daunting, but staying organized and focused is key. TemPay has several guidelines to ensure you’ll be well-positioned for future success. 1. Research all the governmental requirements. Evaluate areas such as licensing, taxing and workers’ compensation, as requirements vary by state. And don’t skip out on your taxes […]

How to Start a Staffing Agency

Ready to start a staffing agency? It may seem daunting, but staying organized and focused is key. TemPay has several guidelines to ensure you’ll be well-positioned for future success. 1. Research all the governmental requirements. Evaluate areas such as licensing, taxing and workers’ compensation, as requirements vary by state. And don’t skip out on your taxes […]