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 […]

Encore Funding, an alternative lender for the staffing and transportation industries, is pleased to announce Craig Cohen as the new Director of Sales. Craig is a highly skilled and inspiring thought leader, renowned for his entrepreneurial spirit. He excels in team building through effective communication, coaching, and strategic planning, while also possessing a strong financial […]

Payroll funding for staffing companies is often compared to bank loans. Which is the better option for you? Here’s how to evaluate your options.

Encore also helped this healthcare staffing company overcome their biggest hurdle: accounts receivable collections with personalized service they could trust.

We bust some of the biggest misconceptions about payroll funding to teach you how you can leverage flexible funding to grow your staffing business.

Learn the top seven tips that small to mid-size staffing firms can use to fuel their growth from Encore’s Director of Client Strategy & Growth, Ed Burr.

New staffing entrepreneurs often wonder, “How do staffing agencies make money?” It’s a question new clients pose to us all the time. It may seem like you have to operate without a profit for several years while you grow your business, but this isn’t the case.  In the early stages of your business, consider actions […]

When I talk with staffing entrepreneurs about invoice funding, they inevitably say, “This sounds great, but how much will it cost?” It’s a fair question. Because invoice funding is a flexible financial tool, the fees can vary.   Read on to uncover how much invoice funding costs and the extra benefits it offers compared to traditional financing.    How to Know What Your Invoice Funding Fees May Be   The […]

If you’re a new staffing agency owner, you want to be armed with information that seasoned staffing pros already know. Many successful owners have made their fair share of common mistakes early in their careers. Some have taken on any client that comes knocking; others have underestimated the power of factoring for staffing companies.  Below, […]

How to Start a Staffing Agency: Pitfalls to Avoid Early On  Whether you’re interested in how to start a staffing agency or you’ve already begun doing business on your own, congratulations and welcome! The staffing industry is multifaceted and intriguing. When you first start out, though, it can be difficult to know what mistakes you […]