Friday, August 04, 2006
Employment agency franchises
Searching for new employees can be an arduous, time-consuming task, and many businesses wish they didn't have to bother. There are CVs to trawl through, interviews to conduct and competence tests to carry out. That's why many companies turn to recruitment agencies to do the hard work for them.
A recruitment agency franchise will gather CVs from a wide variety of people looking for work and match their skills and experience to any vacancies that arise. For employers this means the right workers will literally turn up on their doorstep, and for job seekers, having an agency sift through vacancies to find the ones of interest is an attractive choice.
So why not take a slice of this fast expanding pie and invest in an employment agency franchise? With millions of people out there looking for work and companies eager to pay agencies to find the right candidates, success is almost guaranteed.
One of the most important skills for any franchisee in the employment agency sector are people skills, since dealing with a wide variety of people, both employers and potential employees, is what the job is all about. Franchisees must be passionate about what they do and eager to help people find a job that's right for them. In this sense the personal rewards can be immense.
But financial rewards can also be great too if the business is managed successfully. Employers looking for new workers will pay a recruitment agency for their services, such as finding and interviewing possible candidates. The advantage of setting up a franchise is that the business will already have a number of loyal of employers on its books, usually large employers based in various locations who are always on the look out for new staff.
However, where this is not the case franchisers will provide guidance and support to help the franchisee build up a local customer base. Marketing and advertising support, as well as the use of an established brand name, should make this much easier.
Conducting extensive research into employer and employee demand is essential before choosing to invest in a franchise. Some franchises offer recruitment services across all sectors, but many specialise in particularly industries, such as catering, office work or construction.
Setting up a specialist franchise could be a wise move, but it's important to determine where the demand for such jobs is before making any decisions. Some towns and cities are filled with legal firms and banks seeking highly trained, financially literate people, while others will be carrying out major construction projects and will therefore need plenty of employees to do building work. So how well a franchisee determines the local job market could be the key to whether they succeed or not.
Franchising is not for the faint hearted. It requires hard work, dedicated, and a lot of business sense. Franchisees in this particular business should have strong office skills and be extremely organised. Excellent communication skills are also a must, as is a friendly manner when dealing with clients. But for those who have the necessary abilities and the drive to make it work, investing in an employment agency franchise could turn out to be an extremely worthwhile career move.
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