4 Ways to Recession-Proof Your Staffing Company

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how to Recession-Proof Your Staffing CompanyAs with many industries, temporary staffing agencies have faced a variety of challenges in recent years. The COVID-19 pandemic, more people working at home, and staffing shortages make it difficult to plan for the future. There’s also the looming possibility of a recession in the near future, if we’re not in one already. Let’s look at some strategic steps you can take to ensure your staffing agency prospers in any economic conditions.

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Double Brokering and Freight Fraud: What You Shippers & Carriers Need to Know

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“Double brokering” is a type of freight fraud that occurs when a freight broker takes a load from a shipper and then brokers it to another carrier without the shipper’s knowledge or consent. ThisDouble Brokering and Freight Fraud leaves the original carrier out of pocket, as they have no way to get paid for the load they have moved.

Double brokering is a serious problem in the transportation industry, and it can cost shippers and carriers millions of dollars each year. In some cases, it can even lead to the collapse of businesses.  In Q1 2023, Truckstop.com, saw a 400% increase in double brokering complaints.

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Benefits of Invoice Factoring For Cleaning and Janitorial Services

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As with businesses in many industries, cleaning and janitorial companies often face cash flow challenges. WhetherYellow,Mop,Bucket,And,Set,Of,Cleaning,Equipment,In,The your commercial cleaning company is newer or has been around for years, it’s important to find financing solutions that help you thrive and grow. Invoice factoring is an effective way to boost your cash flow quickly.

How Invoice Factoring Can Help a Janitorial Company

To grow a commercial cleaning company, you need working capital. Many businesses fail or remain stagnant due to cash flow problems. Inconsistent cash flow can make it hard to make payroll, purchase essential items, and keep up with regular expenses associated with running your business.

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