Have you had enough of making money for someone else?
Do you want financial freedom and to make your own decisions?
Cash Simply is expert in helping ambitious individuals start their own recruitment businesses. We have the knowledge and experience to guide you through the stages from your initial idea, to creating a company and brand, to paying your first temps!
Our products, processes and systems are designed for recruiters by recruiters and are proven to be successful. No matter what sector you want to go into, where you are based in the UK and what reason is behind your decision to set-up, Cash Simply will make it happen.
I'm worried about going on my own.
It's natural. Everyone we have ever met was worried about making the jump too.
We know the step from employment to running your own business isn't an easy one, but that is why we are here - to help you make a success and achieve your goals.
You may be concerned about how to set-up your own company, registering for VAT and managing the cash flow with it, processing and making payments to temps on a weekly basis and finally where you would get the cash flow to fund it all anyway?
And of course, then there is the worry about what if a Client doesn't pay or goes bust?
Cash Simply has the right package that removes all of these worries, so you can focus on growing your new business.
Your own recruitment agency, easy as 1,2 ... 3!
The toughest decision you will need to make is what to call yourself!
Our combined start-up package removes the worry of funding temps/ contractors on time and wasting precious time processing the payroll and chasing outstanding debtors.
Risk is reduced by insuring you against potential bad debts and providing the most comprehensive and up to the minute recruitment specific management information you could ever want, available 24/ 7.
By giving you great cash flow, maximising your selling time and reducing your risk, Cash Simply takes the fear out of running your own agency, and allows you to enjoy becoming your own boss.
With over 40 yrs of experience, we will guide you in all the areas you will need to know about to start-up on your own. See our "Simply Start-up" checklist for details of the expertise you'll be getting!
"Simply Start-Up" Checklist
- 1Am I ready to go out on my own?
- 2Will I be a sole trader, partnership, LLP or a Ltd Company?
- 3Decide on a company name.
- 4Register email and domain names.
- 5Company formation, PAYE & VAT registration.
- 6Choosing the right bank.
- 7Advice on business insurance.
- 8Create terms of business and timesheets.
- 9Do I need an accountant?
- 10Create a brand and develop a website.
- 11Make social media work for your business.
We can help you in all of the above areas, so don't worry.
How does it work?
One submission from you each week with the key payroll data inputted through our online system and the rest is taken care of like this;
From the information you give us we will;
- Calculate payroll, deduct tax & NI if required and generate your workers NET pay figure. Using our money, we send BACS on a Wednesday so your workers are paid on a Friday.
- Wage slips are generated and can be sent out in three different ways.
- Raise invoices (in your name and with your logo on), match your timesheets to the back and send them directly to your Clients. We credit control them and your Client pays us to settle the debt.
- Make sure VAT & PAYE liabilities are funded and managed by us, so you don't waste time juggling cash when you could be selling.
- Cover you with Bad Debt Protection to protect you, and us, in case any of your Clients go bust.
- Report all aspects of your business activity online. Sales statistics, debtor reports, gross margin reports, cash received and even the facility to print off copy invoices and payslips are available.
- Calculate your margin and make a payment weekly business bank account every Friday.
SMS you with figures
Focus purely on growing your business.
The advantage you will have by outsourcing the funding and payroll to us is massive. You can spend more time on the things that will drive your business forward, increasing sales and profits;
- Selling to new Clients
- Servicing existing ones
- Sourcing quality candidates
With you doing what you do best all of the time, the more success you'll enjoy.
How much is this going to cost?
That's another great thing about working with Cash Simply. We will not charge you a penny unless you are processing a payroll.
- No start-up fees. (Other providers charge between £250 - £700)
- No interest charges. (Other providers charge separate interest or discount fees)
- No credit check charges. (Other providers will charge you)
- No minimum monthly fees. (Other providers will charge you, even when you are not using the service)
Ready to go?
Once we have put everything in place for you, we would await your first payroll & invoicing instruction.
We only charge you when processing. If nothing goes through next week you do not get charged. That's why we are different than most funders and dont charge any minimum fees. You could say its a little like pay as you go.
Simple charging structure
Our fee is a percentage charged on your NET weekly sales (before VAT is added) This is important, because most other providers charge on the GROSS weekly sales (after VAT is added) making them 20% more expensive.
The fees go down too! As your sales increase the fee rate falls (subject to terms agreed), plus they won't go up during the length of the contract thats guaranteed!
Get in touch
We really want to work with you and support your business so call 01594 546 585 to find out more, or book a call back today.
Service Snap Shot
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100% FundingComplete Back Office Support
100% Funding comes as standard with Cash Simply.
Your temps/ contractors are paid every Friday, by us and with our cash. All your PAYE and VAT liabilities are funded and administered, together with up-front payment of your Gross Margin every Friday.
100% funding means you can go for any size contracts (because we can fund it) and you can invest your cash in the future of your business, rather than having it tied up in paying wages.
Your Business - Your BrandYou get a full payroll service from calculation to processing, and BACs paid directly to your temps/ contractors every Friday.
Wage slips are created by us, in your name, and can be sent by "Green Mail" (email direct to temps), posted to home addresses (at extra cost) or you can download them from your very own online management system. Invoices are raised by us, matched and sent out to your Clients. You can download these too if you need to!
Reduced RiskInvoices and wage slips all carry your personal brand, because we know this is important to you. You'll be signing terms and conditions using your own brand, handing out wage slips with your brand on, so your invoices and wage slips should carry it too. (*not applicable for construction start-up agencies) Your brand is even reinforced when we chase your invoices, as we call on your behalf.
Comprehensive Online ReportingYou will want to know you are protected as much as possible when you start trading. Cash Simply has you covered.
Credit insurance is part of the package, protecting you against Clients going bust, and reduces your business risk by 90%. With your HMRC liabilities being managed by us, there is no risk of you spending the cash before making your returns, and you get your very own "Risk Centre" within the online management system, so you can monitor your outstanding debtors daily. Our relationship is totally transparent, and you always know what is going on.
Great Customer ServiceCash Simply will help you measure your performance. The online management system is free of charge, fully supported and we provide training, often face to face.
You can see sales statistics, Gross Margin figures, live debtor reports and even print off copies of your wage slips and invoices. Should you wish, you can export the information into different formats for budgeting or accounting purposes too.
Award WinningBeing serviced by people passionate about getting things right and having over 40 years experience in the industry is great, but we want you to always receive the best.
You will be inducted by our Operations Director, have access to Operations Manuals for support, and be invited every month to give feedback on our service to you via an online survey that is considered at every Board Meeting. By choosing Cash Simply to partner your business, you know you'll be getting the best in the industry.
Don't just take our word for it, our services have been officially recognised!
Media Today presented the "BA Award" for outstanding achievement and commitment to offer a quality service or product within the Payroll Solutions industry and The Corporate Times, presented us with their "BA Award" for payroll solutions too.