First-time business ownership can be an exciting, yet daunting, process for those looking to take the next step in their career. While it's completely natural to dream about owning a business, knowing when you’re ready to officially make this monumental move may not be as clear cut in real life. According to Franchise Insights, just more than half (50.4%) of respondents to an April 2023 survey either agree or strongly agree that “now is a good time to start a business." Furthermore, 63% of entrepreneurs surveyed say they are "more likely to launch their startups than three months ago."
There’s never going to be a perfect time to take the leap, but now may truly be the right time to start your own business. Here’s why:
Franchising Offers a Solid Business Foundation
Franchising provides a less-intensive alternative to building a business from scratch. A franchisor offers candidates a proven framework for a successful business built upon a time-tested business model. You, the franchisee, generally spend less time and effort bringing your product or service to market because the franchising organization has already completed the ideation, testing, refinement, and baseline brand-building. Many brands offer products and services backed by years of experience and expertise across a variety of disciplines that new franchisees can lean on as they learn the ins and outs of their new business. Upon this foundation, they continue to enhance their skills and grow into the local industry expert in their market.
Spherion has done the hard work of evolving a solution to a business problem and making it scalable. As you consider going into business for yourself, picture this: the opportunity to bring Spherion’s formula for staffing success into your community following a proven business model.
Extensive support for first-time and seasoned business owners
With more than 75 years of success, Spherion is recognized as America’s most-awarded staffing franchise thanks, in part, to its strong support system for both first-time and established owners within our franchise network. Our support spans from a pre-opening launch program to get your business off the ground running to ongoing communication and training, including:
- Office site selection and business planning guidance
- Operational & technology training
- Sales and recruitment workshops
- Plug-and-play marketing campaigns as well as custom marketing support
- HR support & legal expertise
The goal of our support is to take time-consuming, but necessary tasks common to every business off your plate so you can focus more on developing your business. Spherion empowers our franchisees to focus on growing their business and better serve the employers and candidates within their market.
Lower upfront capital investment
Another huge benefit to franchising is the lower level of investment required to start your first franchise. Many new businesses require a huge sum of money to get off the ground as the business model is tested and refined. But because Spherion’s model is well established, the upfront cost is relatively low.
The investment needed to open a franchise can vary, with some concepts requiring a larger investment than others. Spherion offers a low-overhead model that can fit into a variety of real estate options, all while coming in at a lower initial investment compared to other concepts and industries. With lower start-up costs, franchisees, both new and experienced, can open new offices quickly and optimize their growth strategy earlier on.
For those who need some help with franchise start-up costs, Spherion offers in-house financing at attractive rates to help you get your business off the ground. Talk with a member of our franchising team about the details and criteria to qualify.
Make an Impact in Your Community
Franchising offers candidates from a variety of skill-based and educational backgrounds the chance to build a business of their very own. However, the impact of our businesses is community-wide. Spherion is all about bettering the communities we call home by connecting people with meaningful employment opportunities. When individuals can provide for themselves and their families, the entire community is lifted up. When businesses reach their goals because they are fully staffed and productive, they can reinvest in their communities and pursue other, non-revenue-related projects. All of this starts with an individual like you who takes that leap of faith and jumps into business.
Some ways to make a community impact with Spherion include:
- Donating to nonprofit organizations through our annual Community Giveback program
- Presenting our ME, Inc. curriculum, which teaches students important lessons including potential career paths, resume and interview tips, and the importance of presenting yourself as a professional, to local high schools, community colleges and other educational institutions
- Funding and promoting our annual Sandy Mazur Excellence in Leadership Scholarship fund, a scholarship for students to celebrate their personal, academic and service achievements and assist them as they continue their education.
We have developed our franchise network to include a variety of perspectives and backgrounds, and this has been instrumental in pushing our brand forward. Marme Kopp, a franchise owner of Spherion in Jacksonville, Florida shared her perspective on the most rewarding part of owning a Spherion franchisee:
“[The most rewarding part of owning a Spherion franchise is] seeing not only clients but also individuals in our community grow. Since I've been here for 27 years, I've seen a lot of people start in a job, do very well and then move on to their next career, [and] it’s fantastic to see that career development. I have also worked with clients who have started with maybe 5-10 employees and now have grown to 50 employees and counting! So, watching the growth among both our candidates and clients is hugely rewarding.”
Ready to learn more about franchise ownership? Ready to enter a proven business network, rely on an experienced support system and make an impact in your community? A Spherion franchise might be the perfect fit! For more information about the Spherion franchise opportunity, connect with our franchising team.