Business Insights for Staffing Agencies

Unlock the Power of Accounts Receivable for Your Staffing Company

Accounts Receivables: What You Need to Know Accounts receivable (A/R) isn’t just a financial term; it’s the lifeblood of your staffing company. A/R is the money your customers owe you for the services your employees have provided on credit. Let’s dive into A/R and break down its complexities into manageable, essential components. Build a Solid…

A Staffing Agency Social Media Marketing Guide for Sales Reps

By: Darlene Barzilay, Vice President of Business Development and Micki Reisman, Business Development Associate Build Relationships with Key Audiences on Social Media As a staffing agency sales representative, you’re probably familiar with staffing agency social media marketing. It’s a powerful sales tool, but it can feel daunting to know where to start. We’ve both used…

How Payroll Funding Promotes Industry Diversity, Supports Minority-Owned Staffing Agencies

By: Craig Cohen, Director of Sales Craig is an experienced risk manager with the entrepreneurial spirit and leadership skills that support Encore client success. How Payroll Funding Supports Minority-Owned Staffing Agencies Access to cash remains a persistent challenge for minority-owned staffing agencies. The 2022 Fed Small Business Credit Survey found that only 19% of Hispanic-owned,…

How to Conduct a Workforce Analysis for 2025 Success

Learn the essential steps to complete a workforce analysis for your staffing company. Hear from our experts!

Year End Checklist: Preparing Your Staffing Agency for Success

Learn how to identify areas for improvement and plan for success with a comprehensive year end checklist! Our experts weigh in.

Creating a Winning Business Plan for Your Staffing Agency: Key Components and Best Practices

By: Craig Cohen, Director of Sales A Staffing Agency Business Plan is the Foundation for Success I’ve been in staffing for decades, and I’ve seen how a strong staffing agency business plan can set staffing entrepreneurs up for success. In a competitive market, your business plan serves as both a roadmap and a strategic tool…

A Month in the Life of an Encore Payroll Funding Client

By: Kim Joyce, Director of Client Services Introduction to Payroll Funding As the Director of Client Services at Encore Funding, I see firsthand what it’s like to be a payroll funding client. Every day, our mission is to help staffing entrepreneurs overcome challenges with the funding, expertise, and support they need to grow. Whether you’re…

IT Staffing Companies Payroll Funding: Tackle Growing Demand Head On

In my time at Encore Funding, I’ve seen firsthand the unique challenges that IT staffing companies face in meeting increased demand for cybersecurity talent. The need for skilled security experts has never been higher, as businesses across every industry scramble to safeguard against escalating cyber threats. This represents a major opportunity for IT staffing firms…

7 Myths About Payroll Funding for IT Staffing Agencies

IT staffing agencies: learn the truth behind common payroll funding myths that may stop you from gaining the cash you need.

Is Your Factoring Company Too Big? Signs It’s Time to Switch Funding Companies for Staffing Agencies

In the fast-paced staffing world, having the right financial partner can make all the difference. But how do you know if your current factoring company best fits your agency’s needs? Let’s explore the signs that your factoring company might be too big and why considering alternative funding companies for staffing agencies could be a game-changer…

Financial Sustainability: The Key to Success for Home Healthcare Staffing Agencies

Home healthcare staffing agencies face unique challenges that can make or break their financial sustainability. As a staffing entrepreneur, you’re often up against hurdles like operating in a highly regulated industry, lengthy documentation requirements, and long payment terms on invoices. These challenges don’t have to define your financial sustainability! Read on to explore how…

Payroll Funding for Staffing Agencies: Gain the Benefits of Working with a Family-Owned Factor

We often hear staffing owners say that their corporate lender is impersonal with poor customer service. When it comes to payroll funding for staffing agencies, an entrepreneurial, mid-size factoring partner could be your best option! Unlike corporate funding giants where staffing entrepreneurs may feel like a number, a mid-size boutique partner offers: An entrepreneurial perspective…

Case Study: From a Modest Start to Million-Dollar Success in Medical Staffing

How Healthcare Factoring Fueled One Staffing Agency’s Growth Healthcare is often one of the most competitive industries for staffing. Our client, a medical staffing agency in Pennsylvania, faced unique staffing agency requirements and fierce contract competition, especially as a Pennsylvania Certified Small Diverse Business. Yet resourceful staffing entrepreneurs like our clients can overcome these hurdles…

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