{"id":920,"date":"2020-11-23T10:11:59","date_gmt":"2020-11-23T10:11:59","guid":{"rendered":"https:\/\/devwebsitepro.com\/newmillennia\/?p=920"},"modified":"2023-09-08T11:07:32","modified_gmt":"2023-09-08T10:07:32","slug":"5-challenges-faced-by-start-up-recruitment-agencies","status":"publish","type":"post","link":"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/","title":{"rendered":"5 Challenges Faced by Start-Up Recruitment Agencies"},"content":{"rendered":"

Starting your own recruitment agency<\/a> is an exciting time, a chance for you to take everything you\u2019ve learned in your industry and apply it to your own business.<\/p>\n

However it\u2019s not without its challenges.<\/p>\n

Below we\u2019ve taken a look at the different challenges you might face as a recruitment start-up, and how you can begin to overcome them:<\/p>\n

1. The current economy<\/b><\/h3>\n

If you\u2019re considering starting a recruitment agency in 2020, then you\u2019re likely wondering if it\u2019s the right time<\/a>! 2020 has been a year like no other and certainly created many challenges for those working within the recruitment industry.<\/p>\n

However there are green shoots of recovery. Temporary recruitment for example is growing, as companies look to employ people with less risk, creating lots of opportunities for recruiters.<\/p>\n

2. Brand recognition<\/b><\/h3>\n

Getting your name out there when you\u2019re first starting out can be tough. You\u2019re going up against the big players who have the recognition (and the budget) to really market their services and the roles they have available.<\/p>\n

However being small has many advantages. Build a brand that reflects your experience and the knowledge and personal service you can bring to a client\u2019s business. Working with a marketing professional can be a good idea to help you establish a look and tone of voice.<\/p>\n

3. Saturated markets<\/b><\/h3>\n

You probably won\u2019t be surprised to hear that you\u2019ll have a lot of competition when you\u2019re first starting out. Statistics show<\/a> that in 2018 there were nearly 40,000 recruitment agencies in the UK, with the number expected to grow.<\/p>\n

Carving out a niche for your business can be a really successful approach. Think about where you\u2019ve had success before, and what unique skills you have that you can bring to your client\u2019s business.<\/p>\n

4. Talent shortages<\/b><\/h3>\n

Talent shortages are a growing issue in the UK and one that many recruiters feel will get worse now we\u2019ve left the EU. If you\u2019re considering starting an agency<\/a> then chances are you already know the challenges.<\/p>\n

You can\u2019t fix talent shortages, but you can use your proactive and knowledgable recruitment style to find these highly sought after professionals! If you know where to look for the right person then you can stay one step ahead of the competition.<\/p>\n

5. Cashflow<\/b><\/h3>\n

Cashflow is a challenge for any new business, as you often need to spend before you\u2019ve earned a penny! It\u2019s the same in recruitment – you place a candidate then wait months to get paid which can dissuade many recruiters from going out on their own.<\/p>\n

Don\u2019t blow your savings before you\u2019ve first spoken to the team here at New Millennia about the finance options available. Our startup funding solutions<\/a> mean you can get paid when you\u2019ve made a placement and we\u2019ll invoice the client and pay the candidate on your behalf as part of our back office solutions<\/a>.<\/p>\n

To find out more get in touch with our team<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

Starting your own recruitment agency is an exciting time, a chance for you to take everything you\u2019ve learned in your industry and apply it to your own business. However it\u2019s not without its challenges. Below we\u2019ve taken a look at the different challenges you might face as a recruitment start-up, and how you can begin …<\/p>\n","protected":false},"author":17,"featured_media":921,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[7],"tags":[45,52],"class_list":["post-920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-starting-your-own-business","tag-recruitment-start-up","tag-start-up-recruitment-agency"],"acf":[],"yoast_head":"\n5 Challenges Faced by Start-Up Recruitment Agencies - New Millennia<\/title>\n<meta name=\"description\" content=\"We\u2019ve taken a look at the different challenges you might face as a recruitment start-up, and how you can begin to overcome them:\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"5 Challenges Faced by Start-Up Recruitment Agencies - New Millennia\" \/>\n<meta property=\"og:description\" content=\"We\u2019ve taken a look at the different challenges you might face as a recruitment start-up, and how you can begin to overcome them:\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/\" \/>\n<meta property=\"og:site_name\" content=\"New Millennia\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-23T10:11:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-08T10:07:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.newmillennia.co.uk\/wp-content\/uploads\/2020\/11\/pexels-startup-stock-photos-7096.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"853\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Paul O'Rourke\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Paul O'Rourke\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/\"},\"author\":{\"name\":\"Paul O'Rourke\",\"@id\":\"https:\/\/www.newmillennia.co.uk\/#\/schema\/person\/0a5e64690211f8222b3e3e0f0a3f8f64\"},\"headline\":\"5 Challenges Faced by Start-Up Recruitment Agencies\",\"datePublished\":\"2020-11-23T10:11:59+00:00\",\"dateModified\":\"2023-09-08T10:07:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/\"},\"wordCount\":504,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.newmillennia.co.uk\/wp-content\/uploads\/2020\/11\/pexels-startup-stock-photos-7096.jpg\",\"keywords\":[\"recruitment start-up\",\"start-up recruitment agency\"],\"articleSection\":[\"Starting Your Own Recruitment Agency\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/\",\"url\":\"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/\",\"name\":\"5 Challenges Faced by Start-Up Recruitment Agencies - New Millennia\",\"isPartOf\":{\"@id\":\"https:\/\/www.newmillennia.co.uk\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.newmillennia.co.uk\/wp-content\/uploads\/2020\/11\/pexels-startup-stock-photos-7096.jpg\",\"datePublished\":\"2020-11-23T10:11:59+00:00\",\"dateModified\":\"2023-09-08T10:07:32+00:00\",\"author\":{\"@id\":\"https:\/\/www.newmillennia.co.uk\/#\/schema\/person\/0a5e64690211f8222b3e3e0f0a3f8f64\"},\"description\":\"We\u2019ve taken a look at the different challenges you might face as a recruitment start-up, and how you can begin to overcome them:\",\"breadcrumb\":{\"@id\":\"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/#primaryimage\",\"url\":\"https:\/\/www.newmillennia.co.uk\/wp-content\/uploads\/2020\/11\/pexels-startup-stock-photos-7096.jpg\",\"contentUrl\":\"https:\/\/www.newmillennia.co.uk\/wp-content\/uploads\/2020\/11\/pexels-startup-stock-photos-7096.jpg\",\"width\":1280,\"height\":853,\"caption\":\"paperwork on desk\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.newmillennia.co.uk\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"5 Challenges Faced by Start-Up Recruitment Agencies\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.newmillennia.co.uk\/#website\",\"url\":\"https:\/\/www.newmillennia.co.uk\/\",\"name\":\"New Millennia\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.newmillennia.co.uk\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.newmillennia.co.uk\/#\/schema\/person\/0a5e64690211f8222b3e3e0f0a3f8f64\",\"name\":\"Paul O'Rourke\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.newmillennia.co.uk\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a556eebffd51d44e67a797c9d9b1f93f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a556eebffd51d44e67a797c9d9b1f93f?s=96&d=mm&r=g\",\"caption\":\"Paul O'Rourke\"},\"url\":\"https:\/\/www.newmillennia.co.uk\/blog\/author\/paul\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"5 Challenges Faced by Start-Up Recruitment Agencies - New Millennia","description":"We\u2019ve taken a look at the different challenges you might face as a recruitment start-up, and how you can begin to overcome them:","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/","og_locale":"en_GB","og_type":"article","og_title":"5 Challenges Faced by Start-Up Recruitment Agencies - New Millennia","og_description":"We\u2019ve taken a look at the different challenges you might face as a recruitment start-up, and how you can begin to overcome them:","og_url":"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/","og_site_name":"New Millennia","article_published_time":"2020-11-23T10:11:59+00:00","article_modified_time":"2023-09-08T10:07:32+00:00","og_image":[{"width":1280,"height":853,"url":"https:\/\/www.newmillennia.co.uk\/wp-content\/uploads\/2020\/11\/pexels-startup-stock-photos-7096.jpg","type":"image\/jpeg"}],"author":"Paul O'Rourke","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Paul O'Rourke","Estimated reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/#article","isPartOf":{"@id":"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/"},"author":{"name":"Paul O'Rourke","@id":"https:\/\/www.newmillennia.co.uk\/#\/schema\/person\/0a5e64690211f8222b3e3e0f0a3f8f64"},"headline":"5 Challenges Faced by Start-Up Recruitment Agencies","datePublished":"2020-11-23T10:11:59+00:00","dateModified":"2023-09-08T10:07:32+00:00","mainEntityOfPage":{"@id":"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/"},"wordCount":504,"commentCount":0,"image":{"@id":"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/#primaryimage"},"thumbnailUrl":"https:\/\/www.newmillennia.co.uk\/wp-content\/uploads\/2020\/11\/pexels-startup-stock-photos-7096.jpg","keywords":["recruitment start-up","start-up recruitment agency"],"articleSection":["Starting Your Own Recruitment Agency"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/","url":"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/","name":"5 Challenges Faced by Start-Up Recruitment Agencies - New Millennia","isPartOf":{"@id":"https:\/\/www.newmillennia.co.uk\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/#primaryimage"},"image":{"@id":"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/#primaryimage"},"thumbnailUrl":"https:\/\/www.newmillennia.co.uk\/wp-content\/uploads\/2020\/11\/pexels-startup-stock-photos-7096.jpg","datePublished":"2020-11-23T10:11:59+00:00","dateModified":"2023-09-08T10:07:32+00:00","author":{"@id":"https:\/\/www.newmillennia.co.uk\/#\/schema\/person\/0a5e64690211f8222b3e3e0f0a3f8f64"},"description":"We\u2019ve taken a look at the different challenges you might face as a recruitment start-up, and how you can begin to overcome them:","breadcrumb":{"@id":"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/#primaryimage","url":"https:\/\/www.newmillennia.co.uk\/wp-content\/uploads\/2020\/11\/pexels-startup-stock-photos-7096.jpg","contentUrl":"https:\/\/www.newmillennia.co.uk\/wp-content\/uploads\/2020\/11\/pexels-startup-stock-photos-7096.jpg","width":1280,"height":853,"caption":"paperwork on desk"},{"@type":"BreadcrumbList","@id":"https:\/\/www.newmillennia.co.uk\/blog\/5-challenges-faced-by-start-up-recruitment-agencies\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.newmillennia.co.uk\/"},{"@type":"ListItem","position":2,"name":"5 Challenges Faced by Start-Up Recruitment Agencies"}]},{"@type":"WebSite","@id":"https:\/\/www.newmillennia.co.uk\/#website","url":"https:\/\/www.newmillennia.co.uk\/","name":"New Millennia","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.newmillennia.co.uk\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/www.newmillennia.co.uk\/#\/schema\/person\/0a5e64690211f8222b3e3e0f0a3f8f64","name":"Paul O'Rourke","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.newmillennia.co.uk\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a556eebffd51d44e67a797c9d9b1f93f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a556eebffd51d44e67a797c9d9b1f93f?s=96&d=mm&r=g","caption":"Paul O'Rourke"},"url":"https:\/\/www.newmillennia.co.uk\/blog\/author\/paul\/"}]}},"_links":{"self":[{"href":"https:\/\/www.newmillennia.co.uk\/wp-json\/wp\/v2\/posts\/920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newmillennia.co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newmillennia.co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newmillennia.co.uk\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newmillennia.co.uk\/wp-json\/wp\/v2\/comments?post=920"}],"version-history":[{"count":5,"href":"https:\/\/www.newmillennia.co.uk\/wp-json\/wp\/v2\/posts\/920\/revisions"}],"predecessor-version":[{"id":1899,"href":"https:\/\/www.newmillennia.co.uk\/wp-json\/wp\/v2\/posts\/920\/revisions\/1899"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newmillennia.co.uk\/wp-json\/wp\/v2\/media\/921"}],"wp:attachment":[{"href":"https:\/\/www.newmillennia.co.uk\/wp-json\/wp\/v2\/media?parent=920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newmillennia.co.uk\/wp-json\/wp\/v2\/categories?post=920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newmillennia.co.uk\/wp-json\/wp\/v2\/tags?post=920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}