Who is the customer
Before we think about the right recruitment business opportunity for us we need to think about the businesses that we are aiming at. What industry are they in and what do they want? Do they want to make their business look more attractive to young people?
Are they looking for apprentices who will grow with their business and learn their industry from the ground up? Do they have a huge turnover of staff and retention issues? Are they looking for management and executive staff?
So now we can consider where we fit in. of course we need to think about the area we live in and what industry is around us. If we want to be franchise recruiters would we be franchise executive recruiters or would a temporary placement consultancy franchise be more suited to our area? This is an important factor as the franchisors sell according to territory.
It would not be feasible to invest in a niche franchise executive recruiters business if we were out of the city in a smaller suburb where there was really no office blocks or corporate business taking place. When all is said and done though to a certain extent, with the huge population of 64 million people in the UK, nowhere is really too small or too quiet for a placement franchise of any type.
A well thought out recruitment business opportunity though would do well to take into consideration the local community and the businesses in let’s say a 5 mile radius. Employers searching for staff more often than not need them for that day only or for a certain period of time, so the distance will make a difference to all concerned.
Considerations when operating recruitment franchises
When franchise recruiters take on this industry they need to keep up to date with recruitment statistics and all things employment related like 84 per cent of candidates would consider leaving their current job if another company with an excellent reputation offered them a job. Be aware of which companies have a high turnover of staff as these guys could be on the phone constantly.
A placement consultancy franchise needs to stay ahead of the curve and make sure the business is complying with the strict employment laws. Not only are the employers looking for placement franchise staff, the franchise recruiters themselves need to be sure they have the best agency staff on their books because it would be a waste of a good recruitment business opportunity and investment money sending in agency staff with the wrong attributes.
This is a skill in itself and franchise recruiters need to see themselves as permanently interviewing. The franchise executive recruiters do not want to send in the wrong person for the job, but it is equally important in any placement consultancy franchise to send in the person with the right qualifications.
If you have just started out on your search for the perfect placement franchise or perfect business opportunity for you then save yourself a little time and take a moment now to enter your details on the form at the top of the page.
Approved Franchises will provide expert advice and a free service to compare a selection of franchise companies based here in the UK. More and more individuals are turning to franchising to start their own business. It is vital to find the business that suits your skill sets, achieves your goals and is a wise investment decision.