For staffing agency owners
Staffing Agency finance tools
A staffing agency pays its temporary workers every week and bills clients for their hours, often on 30 to 45 day terms. Worker pay is almost the whole cost. So the agency carries five or six weeks of payroll for its clients, and every new placement makes that bigger.
13-week cash flow forecast
Open →How much cash to keep
Open →How much to pay yourself
Open →Can I afford to hire?
Open →Break-even calculator
Open →Monthly financial report
Open →Common questions
How much cash does a staffing agency need?
At least the weekly payroll for as many weeks as clients take to pay, plus a month of fixed costs. Many agencies close the gap with factoring or a funding line.
Why does growth drain a staffing agency's cash?
Each new placement adds weekly payroll weeks before the first payment. Fast growth on 45-day terms needs a lot of cash.
Get this done for you every Monday
One Page CFO reads your QuickBooks, builds your 13-week cash forecast and your one-page report, and a CFO checks both. $500 a month.