Watching the pennies
18 July 2012
Recruitment businesses are prone to cash flow problems. Managing money sensibly can mean the difference between success and failure
We have all heard the phrase 'Cash flow is the lifeblood of business', but this is particularly true for firms involved in recruitment. It1s an industry which by its nature experiences inherent cash flow problems. The gap between paying workers and receiving payment from clients can mean that you have to put your business on hold and turn down valuable new...