Staffing Companies

Sometimes, the only thing standing between a small business and success is access to working capital to help the company grow and thrive.

A Florida staffing company told the Jacksonville Business Journal how it decided to relocate to new offices after facing three floods over a period of four years.

Staffing companies may encounter some tough times during the fourth quarter, if the findings of the newest Manpower Employment Outlook Survey are any predictor.

The firm polled 14,000 businesses of all size across the U.S. and found that less than one-quarter (22 percent) plan to take on new staff in the final three months of the year.

Now could be the perfect time for small and medium-sized medical staffing companies to grow their businesses using working capital, a report by Reuters suggests.

BMO Capital Markets analyst Jeffrey Silber told the news provider that this sector of staffing will face increased demand in the next two years.

Medium-sized medical staffing companies that are looking to grow their business may find upcoming opportunities in Michigan, where several health facilities are scheduled to open in the next two years.

Between 3,000 and 4,000 employees will be needed to work at two new hospitals and four medical centers, Crain's Detroit Business reports.

Staffing companies are not exempt from the same economic problems facing other small and medium-sized businesses, new data suggests.

Figures from the American Staffing Association reveal that employment in the industry fell during the second quarter of 2008.

Although the number of temporary and contract workers employed by agencies remained fairly steady at 2.8 million, the average daily employment dropped by 6.5 percent compared with the same period in 2007.

As the serious implications of the credit crunch begin to sink in for owners of small firms, an expert has offered advice for how to improve the chance of getting approved for a business loan.

Writing in the Aspen Times, Charlie Bantis of Vectra Bank Colorado suggests that owners look to boost earnings and cash flow by arranging automatic debits with vendors.

A medical staffing firm hopes to stand out from its competitors and grow its business further through the implementation of a new website and brand.

Medical Solutions said that it aims to enhance the online experience of clients such as hospital executives by offering unique content and features on the site.

Difficult economic conditions may challenge most industries, but staffing companies may find themselves benefiting from other firms' uncertainty.

Express Personnel franchise owner Sean Sharp told the Redding Searchlight that in some sectors, such as manufacturing, "when the economy is soft, supply and demand is not as constant."

Therefore, these firms will turn to staffing agencies when they need to fill positions during peak need without taking on permanent staff.