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When you own or operate a staffing firm, you are responsible for many areas of focus. Financial management is only one aspect – but one of the most important ones. Your firm’s success and growth depends on the health of your finances.

For staffing firms, as in many industries, revenue is subject to often unpredictable economic changes. Your firm is pressed to find creative ways to drive revenue and keep costs down.

The staffing industry feels the ebbs and flows of the economy perhaps stronger than any other industry When the economy is sluggish, you have plenty of applicants, but not enough job orders.

The staffing business grows increasingly competitive, and your company is only as strong as your internal employees. How can you quantify their performances? Tracking the right metrics can help you evaluate your team and identify areas where you can improve their results and your profitability.