RecruitHub - Most-asked start-up questions of 2023
Planning & preparing

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Can I run contractors from day one?

Yes.

One of the biggest misconceptions in start-up recruitment planning is that you’ll have to fund contractors from your own cash.

There are plenty of invoice finance providers who will:

fund (pay) your contractors, and pay your margin upfront
manage timesheets and client approval
These services vary in scope/complexity, but will typically cost 1-3% of total invoice value.

There are also ‘employer of record’ providers and umbrella companies who will:

provide an entity through which to compliantly employ contract workers, and
manage payroll and tax
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Building a contract book?

RecruitHub has a pre-built network of funding and EOR providers (+ T&Cs) to enable you to run contractors from the start.
For more information, .

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