Ask the expert: August 2017
19 July 2017
Office costs are 22% of my gross margin. Would a virtual model dramatically increase my profitability?
Q: Office costs are 22% of my gross margin. Would a virtual model dramatically increase my profitability?
Office costs are a significant issue for many recruitment companies, especially in major UK cities where rents have been steadily rising. Your costs seem high – I would expect them to be lower as a percentage of gross margin.
Going purely virtual...