10 Tips for Your First Year as a NEXTAFF Staffing Franchise Owner
If you know anything about franchises, you know that running one is no walk in the park. Becoming a NEXTAFF staffing Franchise Owner is a monumental endeavor that, like owning any business, is guaranteed to have both highs and lows. Throughout your first year, you will aim to help as many job seekers and clients as you can. This includes acquiring new clients, helping clients find talent, setting and executing strategic goals, and tracking financial matters. With so many responsibilities, it’s easy to get lost and discouraged.
Too many folks jump into staffing franchises and drown amidst the chaos, but this doesn’t have to be the case for you. If you follow the tips below, you’ll not only make it through your first year as a NEXTAFF Franchise Owner, but you’ll thrive!
Perhaps the most critical piece of advice we can give first-time NEXTAFF Franchise Owners is not to overspend. While your startup capital is a resource you should use to keep the business afloat, it can be easy to throw money at all of your problems.
When a financial issue comes up, always explore low-cost ways to handle it, rather than going for the first option. In addition to that, but it’s vital to prioritize cash tracking. You should always know how much money is coming in and where your business applies those funds. Finally, always ensure that there’s some wiggle room for unexpected expenses, as they will come up.
One of the main perks of becoming a NEXTAFF Franchise Owner is the ability to use our proven franchise model. It’s a recipe for success that’s helped many other Franchise Owners grow their NEXTAFF businesses to incredible heights. We recommend that you follow the franchise plan to the best of your ability. It’ll give you much of the guidance you need to stay on track toward your business goals. You didn’t start a franchise to build the entire business from scratch, after all!
Following the franchise plan religiously doesn’t mean that you’ll never have questions. Since you’ll be dealing with matters spanning from marketing and finance to management and operations, there’s no doubt that you’ll run across some gray areas that you could use some additional assistance with.
At NEXTAFF, we realize the importance of ongoing support, and we’ve got all of our Franchise Owners covered.
After going through our in-depth initial training, we encourage you to:
- Take full advantage of our back-office support.
- Participate in weekly onboarding calls for the first three months.
- Reach out to our support team as needed.
Your first year in business will be mostly about getting your processes and staff in order, but it’s so important not to neglect your business space. When candidates and clients come into your office, they will notice whether the area looks clean and inviting. Dusty printers, dirty counters, and streaky windows cast a negative impression on your business. So, we recommend that you allocate some time to clean the office daily.
Here are some items you should clean daily to keep your office looking great:
- Trash receptacles – Empty them nightly.
- Windows – Keep them streak-free with a window cleaner.
- Carpets – Vacuum and deodorize them.
- Hard floors – Sweep them daily and polish them regularly.
- Hard Surfaces – Wipe them down and dust them as needed.
Door knobs and other high-touch surfaces – In the times of the COVID pandemic, it’s up to us to curb the spread of the virus. Clean high-touch surfaces often with an FDA-approved sterilant or disinfectant.
As helpful as the franchise plan is to your new business, know that you need to run your NEXTAFF franchise based on your specific business circumstances.
For example, you may find that the clients in your area have greater availability later on in the evenings or on weekends. In a case like this, it’d be wise to consider alternate business hours.
All in all, it’s wise to stick to your franchise plan but to be flexible when necessary. Be open to adapting business operations to your office location, customer base, and more.
With all of the support you get from NEXTAFF as a Franchisor, you will be well-equipped to meet your business objectives and goals. But you will still come up against adversity every now and again. And when seemingly insurmountable obstacles appear, we urge you to proceed with a cool head. You’ll be better able to make sound decisions when you’re calm and focused.
Here are a couple of tips to help you keep calm under pressure:
- Look at the positive things happening around you.
- Stick to a regular sleeping schedule so that you’ll be well-rested.
- Employ positive people who keep the business atmosphere light and upbeat.
- Practice deep breathing exercises.
At the core of every great business is its staff, so it’s important to treat them well. Being that your staff are human, they’ll make mistakes, and when they do, you should address the mistake without condemnation or embarrassment. Instead of calling people out for non-critical offenses, pull them to the side to address the issue and fill them in on how to avoid the mistake in the future. For minor offenses, laugh it off and keep it moving!
The quicker you resolve employee issues, the sooner your team can get back to moving the business forward.
Every opportunity is an opportunity to network! Though you will be marketing your NEXTAFF business through various channels, you should never underestimate the influence of networking. When you’re out getting your morning coffee or running a random errand, you never know who you’ll run into. The person in line at the grocery store may know someone who can help propel your franchise to the next level!
Each business market is different, and this fact applies to the staffing industry. So, the sooner you get to know your market, the better. It’s impossible to have a successful business if you don’t know your market.
Here are a few things you need to learn about your market:
- How do your clients prefer to communicate?
- Where do job seekers hang out?
- What qualities do your clients look for in a staffing agency?
- Which selling style(s) does your target market respond to?
Without the right people, your business will not survive in the long run, so it is imperative that you find capable people who mesh well with your business’s culture and your management style. Also, being that your NEXTAFF franchise is essentially a start-up, you need team players who are concerned about the overall well-being of the business. People who care will put their best foot forward every day.
There’s no doubt about it; running a new franchise is no small challenge. To get through the first year successfully, you’ll need to draw upon your personal drive, your NEXTAFF training and backend support, staff members, and the above tips to get through. Your first year in business will test you in every way possible, but with considerable effort, you can emerge from year one victorious!
If you are exploring the possibility of owning a NEXTAFF staffing franchise, check out our website for helpful information about this wonderful opportunity.