Starting a Temp Agency

According to recent American Staffing Association market projections, the staffing industry is headed for a period of growth, and with sales totaling $81.9 billion in 2006, this is hardly a surprise. The industry has attracted a quality workforce, thanks to its inherent flexibility and increasingly diverse niche markets. Technological advances and the expanding global economy have created a multi-faceted business world and have driven the need for temporary employees to an all time high. New temp agencies are springing up every day as entrepreneurs recognize the possibilities for success and profit.

Like any start up business, starting a temp agency is all in the details - from the legal to the logistical. Take the funding "detail" for instance. Whether you're starting a temp agency with an in-house staff or you're a one-person show, reliable and unlimited payroll funding will allow your company to grow, gain working capital and protect its credit rating.

If you are starting a temp agency and have tried to borrow money, you know that banks require collateral when they lend money, and proper collateral is something you probably don't have. You have no inventory because you offer a service and time is of the essence when your start up agency is growing, particularly when you have exhausted the "family and friends network" of funding support! Commercial lending institutions follow rigid formulas when they consider whether or not to approve a loan.

If all of this creates frustrations and impediments to the viability of your agency, then TemPay is the answer. TemPay offers unlimited payroll funding so you have the peace of mind necessary to make savvy staffing placements, and to manage your agency profitably.