How Staffing Agencies Make Money When They First Start Out

Businessperson handing money to another across a table, symbolizing how staffing agencies earn revenue when first starting out.

Starting a staffing agency can be a rewarding venture but like any business, generating revenue in the early days can be challenging. How staffing agencies make money when they first start out is a key question every new owner faces. Without a track record, deep client relationships, or a long list of candidates, how do […]

Balancing Competitive Rates and Profit Margins

Businessman pointing at laptop screen in a boardroom meeting with three colleagues attentively looking on.

Balancing Competitive Rates and Profit Margins: A Critical Challenge For Staffing Firms One of the biggest challenges staffing firms face is setting bill rates that strike the right balance between competitive rates and profit margins. If you charge too much, you risk losing clients to competitors. On the other hand, pricing too low means your […]