Now is the Time to Invest in an Essential Pros Franchise
Essential Pros is a staffing franchise that helps businesses looking to hire top-notch personnel, as well as job seekers searching for the perfect company. Founded in 2007, Essential Pros delivers unmatched service and access to expert job recruiters across the US, and now serves a national client and candidate base. If you’re looking for the best reasons to invest in a best-in-class staffing franchise, keep reading.
Now, more than ever before, Essential Pros is providing a critical service as the Great Resignation rocks the unprecedented uproot of American workers. Employers are desperate to find suitable candidates, job seekers are out looking for the next meaningful step in their careers, and Essential Pros stands out as the leader in the $497 billion staffing industry.
All this has set the stage for 2022 and beyond to be “The Year of the Franchise,” according to Forbes magazine. “The last 18 to 24 months of the pandemic have been challenging for many businesses, but as we head into 2022, data shows the franchise industry is thriving,” Forbes wrote. “After nearly two years of economic uncertainty, more and more people are following their entrepreneurial dreams and taking control of their destiny through business ownership. Choosing a franchise brand helps alleviate some of the fears and the unknowns of starting a new concept from scratch.”
#1: The Demand is Back
The staffing industry has skyrocketed to a nearly $500 billion industry, and all signs for future growth are pointed up. According to Statista, after years of continuous growth, the staffing industry took a bit of a hit in 2020 because of the COVID-19 pandemic, decreasing about 11%. But it didn’t take long for a rebound. In 2021, the staffing industry regained 12% growth, and it was projected the industry would increase yet again in 2022 by 8%.
Indeed, these projections prove the staffing industry is still a very busy and lucrative field with growth in sight. In April 2022 alone, the U.S. economy added 428,000 new jobs. By all accounts, the U.S. is expected to have one of the highest growth rates for jobs, a record $542 billion in revenue by 2024, and as part of that rebuild, Essential Pros is positioned to help local economies get going again by getting workers with the right employer.
#2: Tremendous Profit-Potential
Why has the staffing industry grown to $497 billion annually? Because if done effectively, this industry can be extraordinarily lucrative. And Essential Pros is a terrific example of a brand that’s on the cutting edge and getting it right.
The reason behind our growth is simple: we have developed a streamlined business model and made significant investments in back-end support to help make our offices easy to run and quick to scale. We also don’t directly compete with other staffing franchise brands. Instead, we target small to mid-size communities and focus on light-manufacturing, agricultural and other production-oriented businesses. As a result, we’ve carved out a special niche in a rapidly growing segment, making Essential Pros a best bet franchise opportunity.
“We have perfected the business model and have a proven record of success with our clients,” says Rodney Christensen, Regional Manager of Essential Pros. “Through the relationship with clients, you always have the opportunity for revenue. There are a lot of companies that are hiring, and it’s a great time to get into business because everyone is needing people. We’re able to service a lot of different industries effectively, so we have few limits. If an entrepreneur were to start this business on their own, they wouldn’t know how to make it profitable – but we do, and we’re excited to share this opportunity as Essential Pros continues to grow moving forward.”
#3: Easier Than You Think
Essential Pros makes it incredibly straightforward to open a staffing franchise, even for entrepreneurs who don’t have experience in the staffing industry. Essential Pros has invested in state-of-the-art technology that allows our franchise owners to act like CEOs, networking in their communities and forging relationships, rather than being saddled by the endless amount of back-end office work.
Our patented business model includes technology that takes care of payroll, accounting, as well as the myriad administrative tasks that pop up on a daily basis. This means that our franchise owners save money in the short-term and long-term, because they can grow their business with a minimal number of employees, allowing for a much faster ramp-up time.
“I’m passionate about the staffing industry because I’m an entrepreneur as well,” Travis Powell, CEO and founder of Essential Pros, says. “I started our company in 2007 at a time when the economy wasn’t doing very well. We opened our first office, and very soon after, we opened a second office – and we were able to grow those very quickly. Two years later, we acquired another company, and we were able to grow those offices by 100%. This is because we have established the proven processes and systems necessary to make a business thrive. Now, we’re ready to share our model with other entrepreneurs and help them participate in the market, and in their local economies, at their full potential.”
Ready To Invest in an Essential Pros Franchise?
America is at crossroads with staffing shortages, supply chain issues and business closings plaguing industries across the nation. What’s going to keep this great country going is putting Americans back to work, which makes what we do at Essential Pros all the more meaningful.
Not only do franchisees have an impact on their communities, they also build a lucrative career that opens all kinds of possibilities. If you want to bring in strong profits, help your community, and be your own boss, Essential Pros could be a fit for you.