Outsourced payroll company Oriel Support has produced a free guide for recruitment professionals who are toying with the idea of setting up their own consultancy.

The guide tells would-be recruitment entrepreneurs how to plan ahead in the months up to the launch date and what to do once the business is running.

It provides details about relevant government bodies and also gives information about how to finance recruitment ventures.

Oriel’s managing director Brian Pursey said: “So many new businesses fail in the first year, but thorough planning can help avoid most pitfalls.”