{"id":1275,"date":"2018-08-24T11:39:05","date_gmt":"2018-08-24T11:39:05","guid":{"rendered":"https:\/\/ejobsitesoftware.com\/blog\/?p=1275"},"modified":"2018-08-24T11:39:05","modified_gmt":"2018-08-24T11:39:05","slug":"what-makes-recruitment-start-ups-stumble","status":"publish","type":"post","link":"https:\/\/ejobsitesoftware.com\/blog\/what-makes-recruitment-start-ups-stumble\/","title":{"rendered":"What makes recruitment start-ups stumble?"},"content":{"rendered":"

by: Barney Cotton<\/p>\n

We all know the statistics show that lots of start-ups fail. Even the relatively optimistic Small Business Association puts the figure at 30% in the first year. Consider these fatal flaws for recruitment start ups. They\u2019re the \u2018ins\u2019 to leave out of your planning.
\nInadequate funding<\/p>\n

It\u2019s not just about not having enough money, it\u2019s about having the right amount, and the right plan to administer it. Even a massive investment can lead to disaster. Suppose it comes from a backer who knows nothing about recruitment. They\u2019ll impose conditions that may sit uneasily with the way your business operates. Or perhaps the cash came from \u2018friends and family\u2019. Be very aware of the emotional issues that come with that.<\/p>\n

Inadequate funding is often inadequate because it comes without proper guidance and support for the long term.
\nInsufficient cash flow management<\/p>\n

Because it is about the long term, the cash flow is crucial. There will be high outgoings at the outset and 30 day waits for payment as the days go by. Initial investment will prime the pump but not keep it running. New clients will probably want to give you a probationary period, temps will want paying before you get paid \u2013 there are a lot of pressures on cash flow and failing to plan for it can be disastrous.<\/p>\n

Read More:
\nhttps:\/\/www.businessleader.co.uk\/what-makes-recruitment-start-ups-stumble\/50248\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

by: Barney Cotton We all know the statistics show that lots of start-ups fail. Even the relatively optimistic Small Business Association puts the figure at 30% in the first year. Consider these fatal flaws for recruitment start ups. They\u2019re the \u2018ins\u2019 to leave out of your planning. Inadequate funding It\u2019s not just about not having […]<\/p>\n","protected":false},"author":1,"featured_media":894,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[470],"tags":[471],"class_list":["post-1275","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startups","tag-startups"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ejobsitesoftware.com\/blog\/wp-content\/uploads\/2017\/10\/recruiter.jpg?fit=960%2C640&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p4vlXG-kz","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":514,"url":"https:\/\/ejobsitesoftware.com\/blog\/recruitment-startups-raise-record-funding\/","url_meta":{"origin":1275,"position":0},"title":"Recruitment Startups raise record funding","author":"admin","date":"August 4, 2015","format":false,"excerpt":"According to Dow Jones Venture Wire, Venture investing in HR and recruitment software this year will surpass the all-time high of $859 million that was set in 2000. 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