Ok – so only you can accurately estimate what you might need to cover your bills during the ramp up phase of your new business. To do so, you need to make an educated guess of *two key variables*: how much money you need you cover the absolute basics each month *&* how long it will take you before you start to make placements.
Two facts that might help: Since 2003, the average Recruiter working through SSG placing Perms has taken just over two months to invoice and get paid (so, call it 3 months). The average Temp Recruiter will have GP available after 21 days (let’s call it a month). Our advice is to assume that you will get average luck and therefore probably be ‘average’ ... makes the maths easy too! |