Recruitment agencies work in a fast-moving environment where meeting client needs quickly and efficiently is crucial to success.

George Hay’s experience in working with recruitment agencies enables us to provide the support you need to manage your day-to-day financial administration. We can also help you to step back and take an objective look at where you want to go and how you want to get there, to help your business develop and grow.

Payroll is a key issue for recruitment agencies and our Payscheme payroll bureau is experienced in dealing with the most complex payrolls, with ongoing changes from week to week to the number and identity of payees.

We can also take care of your bookkeeping, VAT and accounts and, in a sector where staff may be paid weekly but customers are often billed monthly, leading to a lag between money going out and coming in, we can advise on improving cash flow.

Whether you are just starting out as a recruitment agency or have an established business that you would like to expand, we can provide tailored advice on issues including business structures, incorporation and personal and company tax compliance and planning.

When it comes to the longer term, the George Hay team can assist with strategic planning, to put in place a framework to help you achieve your business goals, as well as giving you access to independent financial advice to protect and grow your wealth.

A key part of running a business is planning for the time when you want to step aside. Whether you want to pass on your business to the next generation of your family, sell to your existing management team or identify an outside purchaser, we can help you achieve a successful transition to new ownership and maximise the return on your investment in your recruitment agency business.

For more information on our services for the recruitment sector, please contact us.