Determining your staffing niche

To determine your staffing niche, think about the intelligence and experience of yourself and your key management personnel. Then evaluate your strengths and weaknesses to determine where your center of expertise lies.   If you have experience as a temporary staffing employee in the administrative niche, it makes sense to target that niche because you […]

Payroll factoring in niche staffing

When factoring to different staffing niches, the process is essentially the same, regardless of the niche, when it comes to Uniform Commercial Code filing and notification, verification of invoices and collection practices.   However, there are some differences in payment terms depending on the industry, says Brian Keuper, senior vice president and client relations manager […]

TemPay payroll funding application FAQs

At TemPay, we often receive questions about our payroll funding services. Here, we answer your most frequently asked questions about the payroll factoring application process.   Do I have to pay a fee to get started or for you to process my application? No. We believe in being up front, and that means no hidden […]

Best staffing industry associations to join

Whether you’ve been in the industry for years or are starting your own staffing agency, you don’t have to go it alone. There are numerous organizations and associations that offer data, education, support, opportunities, companionship and more.   American Staffing Association. This national association aims to advance the interests of firms of all sizes and […]

What Industries Benefit From Payroll Factoring?

Staffing firms of all sizes and in all stages of their life cycle can receive payroll factoring, whether you are starting your own staffing agency or are established in the field and regardless of your number of clients. Funding is available for firms in any industry, including: Light industrial Administrative Information technology Construction Health care […]

The 3 Best Sources for Temp Agency Payroll Funding

Ebb and flow is nature of the staffing industry. When demand for services goes up, agencies need cash flow to fund temp agency payroll and fill positions quickly. When it drops, they also need working capital to be available to shore up operations when demand rebounds. Whether you’re starting your own staffing agency or looking […]

Governmental Requirements for Starting Your Own Staffing Agency

As businesses go, staffing companies are relatively easy to launch, requiring fewer licenses and less paperwork for business owners than businesses in other industries. So it’s no surprise that starting your own staffing agency is a popular business venture, with new staffing companies popping up left and right. However, if you’re thinking of starting your […]

Five Tips to Help You Stay in Compliance with Labor Laws

Bypassing labor laws, even to deal with a staffing crisis, is a dangerous situation.   A single instance of overlooking the law could be enough to get your firm in serious trouble with the federal government. Penalties for failure to comply may include the payment of back wages and can progress to steep fines, prosecution […]