While it can cost up to 33% of an employee’s annual pay to replace them, most companies don’t have the time or expertise to find the right candidate for every job opening. Employment and staffing businesses serve as links between employers and potential employees to help both parties find the right fit. By helping companies make successful hiring decisions, employment and staffing franchise businesses can reduce the inconvenience and expense of employee turnover.
Owning an employment or staffing franchise can be professionally and financially rewarding as you help people improve their lives and support businesses in maintaining productivity. Depending on your experience and interests, you can invest in a franchise that deals with general labor or a specialized niche. Check out the available employment and staffing franchise opportunities in our listings below to find the best fit for your skills and experience.
Tips For Success
Staffing is an ongoing challenge for many businesses. Your company can take this unwanted chore off their plate—but you’ll only deliver value if you can find the right candidates for the positions that need to be filled. Here are some tips for success in this market:
Cast a Wide Net
It’s hard to find the right people for certain types of employment positions. This is why businesses want to offload the task in the first place. They have struggled to track down the right talent on their own. The success of your new staffing franchise business will come down to how many qualified, attractive candidates you can deliver to your clients. If you can fill the first job with a great employee, the client will want to come back to you again and again for the same service. Aggressive advertising of job opportunities is needed to bring in as many strong candidates as possible.
Engage in Local Business Groups
There is a hands-on element to this business that will be important. Sitting back and running a few ads for your staffing franchise probably won’t get the job done. You need to get out and meet people to build connections in the community. Any relationships you already have with local business owners will be a good start, and you can branch out from there. Look for events in your area where business owners gather, and use those as a chance to meet as many people as possible.
Carve Out a Niche
You may struggle, at least at first, to provide staffing solutions for businesses in many different industries. It’s simply hard to get to know all those various markets well enough to pick out qualified candidates. Early in your venture, try focusing on one sector, such as construction or skilled labor. Mastering a relatively narrow market can help you get the footing needed to expand your services later.
