07/12/2022
Fancy a 50% pay increase?
Starting your own recruitment company can be a rewarding and fulfilling venture. There are many benefits to running your own business, including the potential to earn a higher income, the freedom to make your own decisions, and the satisfaction of being your own boss.
One of the biggest benefits of starting your own recruitment company is the potential to earn a higher income perhaps 50-60% more than you earn now!
When you work for someone else, you are limited to the salary plus your commission. Your billing goes to pay for all those other parts of the company like HR, finance etc plus none performing salespeople. A large part also funds your boss or the higher management team (ask yourself - what car does your boss drive? Where do they go on holiday? Don’t forget YOU are funding them…)
If you look at last year’s pay and what your desk made for the company, based on market experience you will have taken home 30-40% of what you earned for the company – so where does that other 60-70% go if you’re not taking it home???
When you own your own business, you have the ability to set your own fees and rates but more importantly you can earn more money for the same amount of work – bill 100K your company “income” is 100K – depending on costs of running your business that could mean your salary is most of that income or at least -70-80% of it! Additionally, as your business grows and becomes more successful, you will have the opportunity to earn even more and the costs remain pretty level so that take home percentage goes up and up!!!
Another benefit of starting your own recruitment company is the freedom and flexibility it offers. When you work for someone else, you are bound by their rules and expectations. But when you own your own business, you have the freedom to make your own decisions and set your own schedule. This can be incredibly empowering, as it allows you to work in a way that suits you best and gives you the flexibility to respond to changes in the market and in your personal life.
Furthermore, owning your own recruitment company can provide a sense of accomplishment and satisfaction. When you work for someone else, you are contributing to their success and their bottom line. But when you own your own business, you are directly responsible for your own success, which can be incredibly fulfilling.
Overall, starting your own recruitment company has many benefits, including the potential to earn a higher income, the freedom to make your own decisions, and the satisfaction of being directly responsible for your own success. It can be a challenging endeavour, but the rewards can be great.
So what’s stopping you???