How to protect your staffing firm from fraud through better hiring practices

Your reputation rests on the honesty of your talent. Your clients hold you responsible for the deeds or misdeeds of the talent you send them. You’re the gatekeeper, the bouncer at the door, and your staffing agency’s reputation depends on the behavior of the workers you send to your clients. Here’s how to be confident […]

The dos and don’ts of starting a temp agency

Starting a temporary employment agency is both an exciting and intimidating process. Here are some dos and don’ts for getting started.   Do create a business plan. This plan keeps you, your management and any investors organized. It also informs lenders and vendors of your company’s stability and growth potential. Visit the U.S. Small Business Administration for […]

What is an Accounts Receivable Factoring Company?

When searching for staffing agency finance, you have probably run across accounts receivable factoring, a type of funding in which you sell your accounts receivable to the factoring company for a cash advance. Your clients then pay the factor directly. Firms of all sizes and in all stages of their life cycle can receive accounts […]

TemPay Answers Your Top Client Questions

At TemPay, we receive questions about our payroll factoring services all the time. Here, we answer your top client questions. What type of businesses do you factor? TemPay’s main clientele is temporary staffing firms in any industry, including light industrial, administrative, information technology, construction, health care, legal, clerical and many others. We also provide factoring […]

Temp Flexible Payroll Funding Not Just For Big Firms

One of the prevailing myths in the temporary staffing industry is that only large firms can receive payroll funding, and this is myth should be put to rest once and for all.   The truth Firms of all sizes and in all stages can receive temp flexible funding, whether you are just starting a temp […]

How to Start a Temp Agency

Starting a temp agency from scratch may seem like a lot of work, but it all comes down to staying organized and focused. TemPay has six tips to help you get started. 1. Gain experience. If you aren’t familiar with the temp agency industry, research it and gain experience as both a temporary employee and an administrator. 2. Network with […]