Imagine yourself helping others succeed…for profit!
Talk about a win-win! Did you know that the Staffing industry is the most scalable professional Business to Business (B2B) service operating in America? As a matter of fact, staffing generates $161 billion per year and is one of the top ten fastest growing industries in the U.S. With our current economy and increased employment, finding candidates is becoming a larger challenge for companies, so they are turning more to agencies to assist in their search.
I love a business that gives back, don’t you? There is good news all around. You have businesses delighted that you’re helping them find their perfect candidates. You have job seekers grateful to have found you to lead them to their next opportunity. Some businesses prefer to keep their recruiting off-site, so you could have some strong standing relationships as their trusted resource.
An average staffing territory boasts 8000+ businesses. That means there is plenty of need from these businesses to spread around to a few different staffing companies…and they do. This is great news! As a provider of opportunity, it only takes 50 full-time placed clients for a single office to produce $1 million per year of revenue. The average revenue for a mature office is $5.15 million. Only 50 clients sound perfectly achievable, doesn’t it? The average net off of that given revenue is 15% – 23% that goes to the owner. So what if you had 100 clients? 200…how ambitious are you?
Do the math on that and it adds up to a great return on your investment. From hands-on to semi-absentee, the Staffing industry offers owners mid-six-figure incomes from a single territory. You can be as big as you want to be, whether you are looking for rapid growth or a comfortable hum of business interactions. Your opportunities vary by your ambition to make those relationships.
Operations can also be very flexible. These businesses can be run out of your home or a small office, with you the owner, running the business or managing the manager. The majority of the work is done on the phone or internet. While you or a sales associate may go out and visit clients, depending on the clients you work for, you may have little or no foot traffic into an office at all.
Your staffing business will provide full-time and part-time resources to businesses of all sizes, offering temporary, flexible, evaluation hire, direct hire, professional/contract staffing, and HR Business Solutions. As an owner, you may specialize in General Staffing, IT, Medical, Hospitality, or other specialized staffing niches.
Strong net revenues, full training, and ongoing support are included when investing in a franchise.