The Benefits of Exploring Business Ownership through Franchising: Part One

Beginning your entrepreneurship journey doesn’t have to be intimidating. Franchising is an excellent opportunity if you’re seeking the benefits of independent business ownership with the added support from a proven business model. Franchisors experienced in meeting the needs of its franchisees reduce your risk and promote your success.

Spherion has 76 years of experience and has been refining its business model each year to create a strong, structured framework with an award-winning franchise support team. Our staffing business opportunity alleviates some of the common pressures that come with owning a business. In a recent series with Staffing Industry Analysts, we explore in more detail the benefits of business ownership through franchising.

Work with a Proven Business Model

There are plenty of financial benefits to choosing the franchising route for business ownership. Some independent business owners have to obtain or manage services such as training, legal services, back-office functionality, funding and marketing on their own, which can be both costly and time-consuming. But franchisors have access to collective purchasing power and established relationships in the industry that provide the needed resources and services for your individual business.

Spherion supports franchisees through planning and helping to open your office, ongoing sales and marketing, training, HR, back-office expertise and more. This support allows you to focus on growing your business while serving clients and candidates in your community.

Select a Franchisor that Aligns with Your Goals

When considering franchise ownership, your top priority should be assessing what you’re looking for in a business opportunity. Owning a business can be appealing for many different reasons: The potential for profit, a better work-life balance or creating a legacy business. Selecting a franchise brand that aligns with your values and business goals is your best bet for success.

If you’re people-oriented and have a natural sense of curiosity, choosing to franchise within the staffing industry may be the perfect fit for you. Spherion values franchisees who align with our core values of driving careers, growing businesses, and bettering the communities we call home. We look for people who are resourceful, prioritize building engaged relationships, guide with insight and invest in others. 

Invest in an industry that has the potential for growth

General staffing is on a strong upward trajectory. The U.S. staffing industry revenue increased by +28% in 2021 and is expected to grow another 5% in 2022 according to a Staffing Industry Analysts report from May 2022. In addition, the IT sector in particular should expand by more than 16% this year. Furthermore, another recent report from Staffing Industry Analysts predicts that businesses worldwide will expand their capacity by 149 million digital jobs between 2020 and 2025. These numbers demonstrate that now is the perfect time for entrepreneurs to capitalize on that growth through staffing business ownership.  

Spherion sets itself apart from other staffing agencies with its supportive community of franchise owners and history of success in the marketplace. To learn more about the Spherion franchise opportunity, contact us here.