Considering a healthcare staffing franchise? This guide breaks down the benefits, challenges, and alternative options to help you decide if it is the right fit.
High-Demand Industry
A healthcare staffing franchise has high-profit potential. As the U.S. population ages, the demand for healthcare services is soaring. The U.S. Bureau of Labor Statistics estimates the healthcare industry to add 1.9 million jobs per year over the next decade.
Risks of Focusing on Healthcare Staffing
Although the healthcare staffing industry offers an essential service and is recession-resistant, a traditional staffing franchise focusing on professional, administrative, warehousing, and manufacturing roles is a better choice. Here’s why:
- Highly regulated: Healthcare staffing agencies are highly regulated to ensure quality care, protect patient safety, and maintain ethical and legal standards. These regulations help maintain high-quality care to ensure patient safety, but local licensing laws can also make it difficult to find reliable staff.
- High cost: Healthcare staffing agencies must adhere to strict healthcare regulations, licensing requirements, and employment laws. Staying compliant requires time, expertise, and financial investment. Ensuring all staff have proper certifications, licenses, and immunizations involves additional expenses.
- Staff shortages: The specialty training required to work in healthcare means your talent pool is limited. High staff shortages may make it difficult for you to find the employees your clients need. Unfortunately, the high number of open positions is also leading to burnout among healthcare workers. At least 64% say they are overworked and 48% report feelings of “exhaustion or energy depletion,” according to Indeed.
The high operating costs and hefty insurance requirements make owning a healthcare staffing franchise cost-prohibitive. “Healthcare staffing can be lucrative, but the barrier to entry is so high it does not make sense for many new staffing business owners,” said Jason Leverant, COO of AtWork.
AtWork: Setting the Standard in Staffing
If you are interested in pursuing a future helping put people to work, a traditional staffing franchise like AtWork is the right choice. It focuses on providing staffing solutions to a wide variety of industries, primarily including the light industrial and office/clerical sectors, and direct hire services for leadership roles.
As one of the best ROI franchises, AtWork is one of the nation’s fastest-growing staffing franchises. AtWork provides a proven revenue stream with strong growth potential. AtWork is the only staffing franchise that allows you to take advantage of lucrative Work Opportunity Tax Credits to reduce your overhead costs and improve profits.
First Class Training
AtWork’s three-step training is first class. New franchisees spend four days at the brand’s franchise owner’s launch camp learning more about the staffing industry and AtWork’s business model. Franchisees and their staff spend a week together at the company’s corporate headquarters attending learning sessions. The sessions include hearing from AtWork’s top leaders, goals to be successful, recruiting best practices, sales effectiveness, how to protect their business, and much more.
When you are ready to open, a Field Operations and sales representative will spend time at your location reviewing in-depth sales and recruiting techniques and ensuring the office runs smoothly. An expert from AtWork’s Growth Team will also visit your office to provide guidance on local opportunities and support to help increase sales.
Ongoing Support
Franchisees also receive ongoing support and guidance from AtWork’s team:
- Full in-house accounting services, including payroll funding and processing
- A dedicated field operations team
- Individual support team to facilitate growth
- In-house marketing tools and resources
- Discounted technology stack
- A franchise network to share best practices
Want to Join the AtWork Team?
Get started today to connect with someone from AtWork’s franchise team and learn more about launching a staffing business in your community.
