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Staffing agencies recruit candidates on behalf of employers to fill team openings and help candidates find career opportunities in their field. We discuss some challenges and difficulties you can experience when running this type of business.
We also determine whether we like this deal, and if it is more cost-effective to build it ourselves or buy it.
Thanks to our sponsors!
CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.
(00:00) - Introduction
(00:37) - Our Sponsor is Cloudbookkeeping
(02:15) - Big thanks to our listeners! We got through our 150th episode 😊
(03:22) - Deal & financials: Medical Industry Staffing Company
(05:20) - Do we like this deal? What’s our take on the stated financials?
(06:20) - How does this business work? What’s the potential size of this business?
(10:12) - How do staffing companies work?
(14:12) - What is the major moat for staffing businesses?
(18:20) - What incentive alignment do you need to work out when outsourcing recruitment?
(24:00) - Is there a Bull case for this one?
(26:26) - Does this pass the tailwind test?
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