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Startup Business Consulting Services

As a startup business in recruitment, staffing and labour hire, it’s natural that you will need some guidance to help you find your feet. There are so many unknowns, so many questions, so many wrong-turns at every juncture that could be detrimental to your success.

This is why at 888X, I provide top-level advisory services to startups within recruitment, staffing and labour hire. I provide the answers, foresight, and processes that will ensure your business takes off in the right direction. By working alongside me, your startup will be anchored within your initial strategy and optimised to grow into a thriving business.

Start-up business advice

Recruitment, staffing and labour hire Startups

At 888X, I provide advisory services to startup businesses within the recruitment, staffing and labour hire field. At the beginning, these businesses are often in search of direction, focus, and the confidence that this venture is going to reach the destination they hope for.

I implement my years of experience working in this sector, as well as experience as a chartered accountant, to help these businesses find stability in this unpredictable stage of the business life cycle. I help them implement effective processes, refine and develop smart business strategies, and build frameworks that will ensure their services remain productive and profitable.

Recruitment, staffing and labour hire businesses have to navigate so many unknowns when taking their initial steps. Allow me to help your startup choose the right path forward, so you can set your business up for a rewarding future.

Choosing the Right Systems and Processes

As a recruitment, staffing and labour hire startup, it’s essential that you have the right systems and processes in place to maximise your business’ early steps.

Thankfully, I have years of experience helping a variety of startups in this sector to surround themselves with systems and processes that will enable their business to grow in the short and long term.

At 888X, I know how important it is for startups in recruitment, staffing and labour hire to have the systems and processes in place to ensure their business is grounded in strong foundations moving forward.

I help startups select and implement systems and processes across all areas of their business model. This includes:
1
Applying effective systems that help with the startups debt and finance to generate strong working capital
2
Putting in place efficient and streamlined invoicing and fund collections processes
3
Creating sales discipline by having a clear client acquisition strategy in place
4
Implement systems and processes that are going to support revenue streams

Startup Case-Studies

Our client is a Recruiter with 18 years’ experience, having worked predominantly for large organisations in senior management roles. However, during the initial stages of the pandemic, she was made redundant. Being faced with a major career decision, she decided to take control of her own destiny and commence her own recruitment agency.

888X was engaged in the 5th month of trading and when revenue existed, and my client was the sole employee in the business. My client had made good progress in terms of; client acquisition, permanent billings and a small on-hire temp workforce. What was missing included strategy, growth model, plan on a page, people strategy, and operational infrastructure to scale the business.

888X initially worked with the client to create a strategy and growth model from which the initial plan on a page was crafted. This work enabled the people strategy to be formulated and the business to grow profitably.

THE FOUNDER REALISED THE BENEFITS OF SUPPORT THAT ENABLED HER TO FOCUS ON CLIENT ACQUISITION & GENERATING REVENUE, TO GROW THE BUSINESS.

With the support and advice provided by 888X, our client’s first full financial year was a tremendous success, generating $1.7M in revenue and a significant 5 figure sum in profit. Going into her second financial year, she now employs 6 other people.

Our client had been trading for 2 years prior to reaching out to 888X. Although having grown the business well, the founder had a key employee on maternity leave and without a people strategy was feeling exposed in a difficult labour market. The founder engaged 888X to provide Executive Advisory services as well as strategy and growth planning.

888X commenced the engagement by reviewing historical performance, following this a strategy focus led to an overall business strategy and more importantly a people strategy that focussed on the needs of the business in the next twelve months. The founder was able to hire talent and to redeploy internal resources for an excellent outcome for the business.

KEY STAFF ON MATERNITY LEAVE REQUIRED REPLACEMENT & THE FOUNDER WAS FINDING IT DIFFICULT TO HIRE PEOPLE & GROW THE BUSINESS.

Now that the key hires have been made the Founder can continue growing her business. 888X will now work with the Founder to ensure the plan on a page is executed and the business grows profitably.

888X were engaged by a founder pre-start-up to consult ensuring that the business was established using best practice methodology.

888X was tasked with advising in relation to:

  • Corporate structure
  • Working capital requirements
  • Core systems
  • Credit policies and terms of business
  • Commercial contracts
  • Employment contracts and incentive frameworks

Being engaged prior to the business trading allowed 888X to ensure that robust decisions were made with the future business objectives of the founder central to the process.

In addition to assisting with key decisions 888X are acting as Executive Advisors to ensure the strategy and plan on a page are executed as anticipated.

THE FOUNDER HAVING BEEN IN RECRUITMENT FOR 8 YEARS WAS SEEKING SUPPORT TO SET UP THE BUSINESS FROM A GREENFIELD STATE.

888X provided end to end advisory services in the establishment of the business ensuring that all of the key requirements of success were addressed.

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Grow Your Start-up with 888x

By partnering with 888X, your recruitment, staffing and labour hire startup will have access to years of business and financial strategy, planning, and growth advisory experience. 

88X helped me be strategic in my business with a particular emphasis on people strategy to foster growth. As Executive advisors, 888X deliver sage advice with empathy and expertise honed from their deep understanding of the recruiting and staffing sector. 888X are an essential part of my Executive team within my business.

Carlie BarnettRecruit & Consult Pty Ltd

888X have worked closely with us through a number of planned and successful acquisitions, assisting us with valuation, negotiation and finalisation giving the executive confidence in the strategic plan and vision for the future.

Nick DalyManaging Director, JobWire IBS

888X worked closely with me to develop our strategy and to set up a framework to measure performance. Once the plan was agreed, 888X acted as Executive advisors supporting me where I needed the counsel and creating a framework of accountability that supported the growth of the business. I would have no hesitation in recommending 888X.

Amanda WoodfordeWoodforde Group Pty Ltd