If you’re looking to get into the recruitment sector, there are plenty of options to choose from. From traditional staffing agencies to innovative on-demand staffing models, the industry is ripe with opportunity. Here are ten of the best recruitment franchises you need to look into today:
1. Patrice & Associates
A recruiting and consulting firm, Patrice & Associates provides staffing, recruitment, and consulting services for the hospitality industry. They help clients find the right talent and improve their business performance. They also offer consulting services such as market research and business development.
To become a franchisee with Patrice & Associates, you must possess $80,000 in liquid capital and a net worth of at least $100,000. Also, a franchise fee of $69,000 is required. Patrice & Associates also provides a discount for veterans.
2. Labor Finders
If you want to specialize in providing blue-collar labor and industrial staffing services, Labor Finders is your recruitment franchise. It provides temporary and permanent placement services, including warehouse, construction, manufacturing, and logistics positions. They also offer other services such as background checks, drug testing, payroll processing, and more.
To get started, prepare your initial investment, which will range from $120,000 to $207,000. You also need to pay its $20,000 franchise fee regardless of the number of locations you wish to develop.
3. Spherion Staffing & Recruiting
From temporary, temp-to-perm, and direct-hire services, Spherion Staffing & Recruiting is a great recruitment franchise opportunity. They specialize in providing staffing solutions for a variety of industries, such as administrative, customer service, information technology, and more.
There are two types of Spherion recruitment franchises. Its professional franchise investment ranges from $252,945 to $352,475. On the other hand, a commercial/general staffing franchise investment ranges from $143,100 to $242,700. Spherion offers a low initial franchise fee of $40,000.
4. Remedy Intelligent Staffing
Another viable option is Remedy Intelligent Staffing. It is a recruitment agency that specializes in providing temporary, temp-to-perm, and direct-hire services for light industrial, manufacturing, distribution, and warehouse positions. They offer job matching, skill assessments, background checks, and drug testing to match the right employees to the right roles.
To operate a Remedy Intelligent Staffing, you need to pay a minimum of $100,000 in liquid capital and have a net worth of $250,000. The total investment for a franchise ranges from $151,840 to $258,280, with a franchise fee of $39,950.
5. CPG Incorporated
If you’re ready to go global, CPG Incorporated is an excellent recruitment franchise option. It is an international HR company that specializes in solving recruitment, onboarding, training, and employee retention problems for businesses.
CPG charges a $50,000 licensing fee for its franchise opportunity, in addition to a $239 monthly fee that covers technology, training, social media support, and ongoing support. Franchisees are also subject to a royalty fee, which can go as low as 10%.
6. AtWork Group
Operating through a franchise model, AtWork Group provides support and resources to franchisees to help them succeed in the staffing and recruiting industry. They also offer a wide range of services, such as drug testing, background checks, and safety training. Their goal is to help businesses find the right employees quickly and efficiently while also providing job seekers with opportunities to find work.
An AtWork franchise requires you to invest between $159,000 and $236,000. The initial franchise fee is $40,000.
7. Express Employment Professionals
One of the best recruitment franchises worth your while is Express Employment Professionals. It is a staffing agency that offers customized staffing solutions, temporary, temp-to-perm, direct-hire staffing, and HR consulting services. They provide franchisees with support, resources, training, and assistance in areas such as marketing, business management, and compliance.
To start your own Express Employment Professionals, you need to pay the initial franchise fee of $17,500 to $35,000. The specific cost varies depending on the location and size of the business, among other factors. It’s advisable to contact them directly to get more information about the franchising costs and fees.
8. Sanford Rose Associates (SRA) International
Another excellent global recruitment franchising is Sanford Rose Associates (SRA) International. It has a global reach, with offices in North America, Europe, and Asia. They specialize in recruiting across a wide range of industries, such as technology, healthcare, manufacturing, and more.
The total investment for a Sanford Rose Associates franchise ranges from $108,250 to $143,580, including an $88,000 fee paid to the franchisor or its affiliate. A conversion franchise has a total investment of $11,400 to $14,800, including a $7,500 fee paid to the franchisor or its affiliate.
9. PrideStaff
Focusing on focus on light industrial, manufacturing, distribution, and warehouse positions, PrideStaff is a solid choice for staffing and recruiting agencies. It specializes in providing staffing and support solutions for various industries as well as resources and training to franchisees.
The franchise fee for PrideStaff can reach up to $40,000, with a total initial investment range of $154,083 to $260,500. It also has a net-worth requirement of $350,000 to $450,000 and a liquid cash requirement of $150,000 to $200,000.
10. LINK Staffing Services
Aiming to help businesses find the right employees, LINK Staffing Services also provides job seekers with job opportunities. In addition, its franchisees can take advantage of the company’s funding for payroll and comprehensive back-office support. This allows them to focus on growing their business without being burdened by administrative tasks.
To start your LINK Staffing Services franchise, you need to pay its initial franchise fee of $35,000. The estimated initial investment for a startup is $112,500 to $199,000. Alternatively, the estimated initial investment for its conversion franchise is $49,000 to $74,500.
Conclusion
Starting a recruitment franchise can be an excellent opportunity for those interested in the staffing and recruiting industry. Recruitment franchises offer unique services and have different costs and requirements. It’s essential to research and understand the franchise before committing. With the proper support, a recruitment franchise can be a successful business opportunity.
And for other franchise opportunities, check out more here at Franchise How!