Business Advice

Affordable Finance Options for Recruitment Startups in 2025

Starting a recruitment agency in 2025 comes with its own set of challenges and opportunities. One of the most crucial factors for any new business is obtaining affordable financing to support its operations, growth, and sustainability. There are various financing options available, many may not be suitable for a new recruitment agency unless you are […]

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QUBA Solutions and Recruitment Back Office Support

In today’s competitive recruitment landscape, recruitment back office support has evolved into a crucial part of delivering seamless services for both agencies and their clients. It is more than just the mundane paperwork or compliance tasks. It’s the backbone of smooth operations, freeing up recruiters to focus on talent acquisition and relationship building.  At QUBA […]

Business Advice

How To Pay PAYE Candidates

In February 2024, the ONS estimated that 30.4 million people held pay rolled jobs in the UK. A rise of 368,000 people over the past 12 months. Within this, wholesale and retail, health and social work and education account for around 40% of UK employees. To ensure our agency partners can continue to grow their […]

Business Advice

Crafting your future: 5 Reasons to launch your own recruitment business

Let’s talk about something exciting – the prospect of launching your very own recruitment business. Entrepreneurship can seem like a daunting idea for most, but trust me, in the world of talent acquisition, it’s a journey worth considering. As someone who’s knee-deep in the finance sector, particularly in supporting recruitment entrepreneurs like yourself with invoice […]

Business Advice

IR35 – what recruitment agencies need to know

One of the biggest bumps in the road within the recruitment industry has been the changes to IR35. Even though things seem to have settled over the last few years, if you are a recruitment agency placing or looking to place limited company contractors you need to be aware of IR35 and how it can […]

Business Advice

Employment law changes in 2024 and how they affect you

Changes to Employment law will mean updating internal policies and procedures. 7 of these updates are below: 1. Increased Rights to Flexible Working: From January 1, 2024, employees in England, Wales, and Scotland have enhanced rights to request flexible working arrangements. Organisations should review their policies and procedures to accommodate these requests effectively. It’s essential […]

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Important Changes in Immigration Laws for 2024: What Recruitment Agencies Need to Know

Over the past few years, immigration laws have been constantly changing, causing confusion for many. Non-compliance can lead to hefty fines, especially for recruitment agencies. In 2022, immigration fraudsters heavily targeted recruitment, especially in the medical and construction sectors. To help you navigate these changes, here are the key updates to keep in mind: The […]

Business Advice

The benefits of growing a temp desk

If you’re a recruitment agency that focuses entirely on perm, you may have thought about growing a temp / contract desk at various times. It may be that you’ve not placed temps before, or you’re kept busy with permanent placements. Many agencies show interest in hiring a contract consultant, but they are notoriously hard to […]

Business Advice

State of recruitment market

Introduction: Most sectors in the recruitment market saw a quieter 2023 compared to the heady recruiting sprees post pandemic. Economic uncertainty hung in the air, the cost of borrowing increased significantly and labour shortages continued.  So, what will shape 2024 for the recruitment industry? Various factors such as technological advancements, economic shifts, and the aftermath […]

Business Advice

Fraud warning – Ghost workers

The Invoice Finance Sector has seen a significant increase in cases of fraud and ghost workers. This typically involves a fraudulent company approaching a legitimate recruitment company and requesting that they put workers on the payroll who aren’t legitimate. What are ghost workers and how can they have an impact? It’s the Director’s and owner’s […]

Business Advice

5 Things to consider when placing contractors internationally:

1. Obtaining specialist advice on the country that you are wishing to place the contractor: When placing contractors internationally, every country has its own laws on residency and tax. It is recommended that you seek the advice of a specialist in the relevant country. There are many Umbrella companies that offer such specialist advice and […]

Business Advice

The Hidden Costs of Recruitment Funding

Throughout our 9 years of operating in the recruitment funding world, we’ve had thousands of conversations with recruitment agencies and some of those have been partnered with competitors of ours. One thing that frequently comes up in conversation is hidden fees, or extra costs. Here’s a selection to be aware of: Subscription / Platform Fees […]

Business Advice

Modern Slavery – Why you should care and what you should know

In today’s interconnected world, the pervasive issues of slavery and human trafficking persist as a dark stain on global society. It is imperative for us all to remain vigilant within our businesses and supply chains. These crimes take various forms—ranging from forced labour and domestic servitude to sexual and criminal exploitation. Shockingly, the International Labour […]

Business Advice

Get ready for launch in 2024!

Starting and funding a temporary recruitment agency in the UK in 2024 presents unique challenges. Considering the dynamic nature of the job market and the specific trends within the temporary staffing sector. However, that shouldn’t put you off.  Being Captain of your own ship can be a rewarding and exhilarating experience.  At QUBA Solutions, on […]

Business Advice

What to do at renewal stage?

When approaching the end of your recruitment funding agreement, you may be unsure of what to do. It’s the perfect time to take a step back and assess how your funding partner has performed for you throughout the partnership. You may feel the solution you have in place is acceptable and renewal is the simplest […]

Business Advice

2023 takeaways

For many, 2023 has been a challenging year in recruitment. There has been a downturn in placements, costs have increased, and insolvencies have been on the rise. But it’s not all doom and gloom, there’s been some positives to 2023 with newly formed businesses flourishing despite the economic knock backs as well as established agencies […]

Business Advice

The end result of holding temps’ payroll; Conduct Reg Breach

We hear stories (fairly regularly unfortunately) about recruitment invoice financiers refusing to pay their agencies’ contractors / temps. This is obviously an awful situation to be in and very stressful for the agency. Temporary workers obviously relying on them to be paid. There is no legitimate reason why this should happen. When it does, it […]

Business Advice

The importance of bad debt protection

What is bad debt protection? Bad debt protection is insurance against your end clients that covers your business if the client were to become insolvent. Why do I need it? It is crucial for you as an owner of a recruitment agency to have credit insurance in place with your end clients. If you don’t […]

Business Advice

Could your supply chain cost your business a six figure tax bill?

Recruitment agencies across the UK regularly rely on umbrella companies to handle payments for their temporary workers. Unfortunately, very few business owners are aware of how this can potentially lead to corporate insolvency or even personal bankruptcy. Quite frighteningly, HMRC can issue a huge bill to recruitment agencies if an umbrella company in their supply […]

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