A Hiring Hitch For Small Business
Source: Bloomberg L.P.
Even as economists and policy-makers are counting on small companies to help lead the economy out of the recession, business owners seeking temporary workers as the first step in hiring are finding agencies less willing to do business with them. Temporary agencies, afraid of getting burned by companies that are going under, are scrutinizing potential customers more carefully, checking financial documents and credit reports. And they're expecting small business owners to pay up sooner - often within seven days.