STAFFING FRANCHISES FOR SALE
If you’re looking to invest in a strong industry, you’ll be hard-pressed to find one better than the staffing industry.
- From 2018-2019, this industry saw a 17.5% growth rate, bringing it to an impressive $188 billion value!
- The Bureau of Labor Statistics reports that this business sector is outpacing overall economic growth.
- Research shows that over 90% of businesses make use of staffing agencies to find the help they need.
- Recruiting businesses find employment for more than 17 million people here in the U.S.
With statistics like these to depend upon, it’s easy to see why entrepreneurs are interested in finding a staffing franchise for sale. While no industry is without its risks, this one has proven to be more sustainable than most with a history of growing at a steady rate.
Three Pillars Of A Successful
Staffing Franchise
When you’re in the staffing business, you must stay on top of evolving trends within the industry so you can adapt to the changing economic landscape. To maintain a positive reputation, it’s also critical you remain current with technology, communicate effectively with all parties involved, and sustain a strong client base.
There are three key qualities to look for when choosing the right staffing franchise for sale.
1. Technology Matters
CRM
The best staffing franchises have a streamlined process with built-in CRM to help regulate communication with clients, build relationships and increase sales, collaborate and share information.
ATS
They’ll also have an Applicant Tracking System to help quickly locate applicant records, stay organized during the recruiting process, screen and track applicants, merge duplicate applicants and make applicant comparisons.
Social Presence
Their social media platform will list job posts, track comments and responses, respond to messages and interactions, and reply to questions and online reviews.
CRM
The best staffing franchises have a streamlined process with built-in CRM to help regulate communication with clients, build relationships and increase sales, collaborate and share information.
ATS
They’ll also have an Applicant Tracking System to help quickly locate applicant records, stay organized during the recruiting process, screen and track applicants, merge duplicate applicants and make applicant comparisons.
Social Presence
Their social media platform will list job posts, track comments and responses, respond to messages and interactions, and reply to questions and online reviews.
Effective Staffing Strategies
The best staffing agencies constantly update and improve their methods with the latest technology. Using the right software is often what differentiates one agency from another, so look for a staffing franchise for sale that uses cutting-edge tools to screen candidates and match them with the best client possible.
User-Friendly Website
Today’s consumer works from a mobile device more often than not. If the desired page isn’t compatible with a mobile format, 57% of visitors will have a negative reaction, with 73% leaving the site and 20% of those people never coming back to give it a second try.
Staffing agencies need to make sure their external links are working. They need to ensure it’s easy to find their contact information and that navigation is just as simple to use on a mobile device as it is on an iPad or laptop.
User-Friendly Website
Today’s consumer works from a mobile device more often than not. If the desired page isn’t compatible with a mobile format, 57% of visitors will have a negative reaction, with 73% leaving the site and 20% of those people never coming back to give it a second try.
Staffing agencies need to make sure their external links are working. They need to ensure it’s easy to find their contact information and that navigation is just as simple to use on a mobile device as it is on an iPad or laptop.
Effective Staffing Strategies
The best staffing agencies constantly update and improve their methods with the latest technology. Using the right software is often what differentiates one agency from another, so look for a staffing franchise for sale that uses cutting-edge tools to screen candidates and match them with the best client possible.
2. Maintain Positive Client Rapport
Before partnering with a staffing agency, 18% of clients will read online reviews and look into the recruiter’s social pages to determine if they’re the right fit. It helps to solicit success stories, publish case studies and video testimonials to build confidence in prospective clients. It’s also common to feature free promotions on one’s website or social media page.
Effective businesses will communicate frequently with clients to learn how involved they want to be during the recruiting process. With each interaction, the best companies will also track client feedback to learn what’s working and what’s not. They’ll use this feedback in team meetings to address concerns when they first arise.
Successful staffing franchises understand each client’s industry. They’ve done their homework and are up to speed on what’s happening within each segment so they can serve clients competently. Such agencies realize they’re not in the business of finding jobs for people, they’re finding the right people for the job in question. This means tracking the latest trends so they can understand their client’s needs and goals, catering to their specific staffing requirements.
A strong staffing agency doesn’t just follow industry news, they also understand each client’s unique culture so they can pair candidates appropriately. It also helps when the agency can be reached by the client any time of day, even after hours.
As staffing agencies collaborate with clients to reach the best solutions possible to keep up with their evolving needs, they’re proving to be an invaluable resource while building strong loyalty with that client.
3. Connect With Candidates
To find the right staffing franchise for sale, it’s important to verify that they know where and how to recruit the most qualified candidates using clear and concise job descriptions. Make sure their staff has highly effective recruiting methods and that they’re screening candidates appropriately. They should care about what candidates want and need, and practice strong follow-through with each of them once the client has extended an employment opportunity.
Purchase An Existing Business
Or Franchise?
For some entrepreneurs out there, it may be tempting to purchase an existing staffing agency and pick up where the previous Owner left off. However, some challenges come with this option.
Potential Challenges
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Lack of Support
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Rocky Transition
One of the foremost reasons people invest in a franchise is to receive exceptional, ongoing guidance and assistance from the corporate team. When you buy an existing business, you don’t have any external support to count on while building your infrastructure or when facing the inevitable challenges that arise.
When existing customers and employees know the company is under new management, transition is difficult because established expectations are thrown off while the new manager adjusts. This can result in costly losses and setbacks.
If buying an existing business is the route you choose, make sure you know what risks you’re taking before doing so. If you opt to partner with a strong staffing franchise, it’s still important that you do your homework to learn which one may be the most ideal fit for you. In either case, you’ll want to maximize the quality of your investment. You’ll want the opportunity in question to take into account your unique talents, goals and lifestyle.
It may be worth taking a second look at what NEXTAFF has to offer.
What Makes Our Staffing Franchises For Sale Stand Out?
If there was ever a sector that could be called resilient, this is one that certainly qualifies. That’s because it does so well regardless of the economic climate and is in high demand, performing an essential service within our communities. But that doesn’t even begin to cover all the reasons to consider investing in one of our staffing franchises for sale.
Strong ROI
The system-wide average gross revenue with NEXTAFF is $1,957,832, while average gross profits are at $464,642. Getting started requires a relatively low investment, ranging between $118,900-$156,000. With a 7-month median breakeven point for Franchise Owners, it’s easy to see why entrepreneurs are quick to jump on board.
Fulfilling Work
Knowing you are the reason people have found work they are happy with makes every day meaningful. Often, those temporary employment arrangements become permanent, altering the course of a person’s life forever. If having a positive impact is appealing to you, this career is one worth looking into.
The X-Factor Edge
X-Factor is the proprietary method of recruiting we use to keep us a step ahead of the competition. By matching profiles of successful employees with our affiliate companies, we’re able to pair our candidates with the position that suits them best. This method has allowed us to outperform other staffing franchises for sale by as much as 100%!
Broad Reach
Our expansive territories allow Franchise Owners to extend their reach, pulling in multiple business contacts in neighboring communities. Setting up such a network allows the Owner to build a strong infrastructure with plenty of upward momentum.
Am I The Right Fit?
Even without a background in this industry, the right candidate can do extremely well. Experience in B2B sales is required, however, and if you’re interested in owning one of our specialized healthcare or IT divisions, it is necessary to have a history within those respective industries.
Help Along The Way
To qualify the right candidate, we have an intensive training program in place to ensure you’re off to a strong start.
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Thorough Instruction – 126.5 hours of intensive classroom, online and onsite training
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Strong Foundation – Learn about operations, services, costs, cash control, customer service, marketing and management
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Ongoing Communication – Weekly onboarding calls for the first 3 months, with sales and recruiting debriefs to continue indefinitely
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Always Improving – Annual conventions are held allowing Franchise Owners to learn from one another and remain current on industry trends
For any ambitious entrepreneur eager to make their mark in this business sector, NEXTAFF is a promising franchise in which to invest.
Your path to a secure future.
Take the first step. Find out more about one of the fastest growing companies in the $160 billion staffing agency franchise industry. Our detailed Franchise Information Report teaches about our business model, financials, and more.
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