Top Questions About NEXTAFF Franchise Ownership
DON’T SEE YOUR QUESTION?
Our Vice President of Franchise Development can tell you what you need to know.
The initial financial investment for a NEXTAFF staffing agency franchise ranges between $61,000 – $159,000 depending on if you choose a virtual or traditional brick and mortar option.
While we can’t guarantee results, we do disclose a large amount of financial information in our Item 19 of NEXTAFF’s Franchise Disclosure Document
Our FDD provides a full breakdown of quartiles, average break-even timeframes, average investment as well as expense proformas and actual profit and loss from our corporate location.
The franchise fee for a single NEXTAFF Franchise unit is $49,000, which is included in your initial financial investment. We also offer multi-pack franchise fee discounts for investors looking to open more than one NEXTAFF office. Ask your VP of Franchise Development for details.
We ask that our traditional brick and mortar candidates have a net worth of at least $250,000 with at least $175,000 in liquid capital. For our virtual model, that requirement drops to $25,000.
NEXTAFF Staffing Agency Franchise is proud to honor U.S. military veterans for their service with a 20% franchise fee discount through VetFran. Please ask our VP of Franchise Development for details during your initial call.
While we can’t guarantee the same results, our Franchise Owners report a median breakeven point of just 8 months*! *As disclosed in Item 19 of NEXTAFF’s Franchise Disclosure Document
Many of our franchise owners had no previous staffing experience! However, we do require people who want to own one of our specialized Technology and Healthcare divisions to have a solid background in that particular industry.
Though our support center assists with a variety of operational duties, you will still be keeping busy in your NEXTAFF office! Your primary objective will be to prepare proposals to attract new business, retain existing clients, and continuously network with business contacts in your neighborhood to expand your reach.
A traditional brick and mortar office can be run with minimal staff. Most of our Franchise Owners employ one recruiter and one business development representative to start, adding additional recruiters as the business grows.
For virtual locations, you do not need additional staff.
One of NEXTAFF’s best features is our large franchise territory sizes. NEXTAFF commercial franchise territories are typically the entire county an Owner lives in. They will encompass a minimum of 50,000 and a maximum of 500,000 paid employees from the most recent census bureau information.
For healthcare and technology, we operate on protected clients and open territories.
X-FACTOR is our proprietary recruiting and screening method which delivers up to 100% greater results than typical methods used by staffing agency competitors.
We have a detailed step-by-step education process to make sure the fit is right for both yourself and the NEXTAFF Franchise Group.
1. Schedule a Discovery Call with the NEXTAFF VP of Franchise Development to discuss your goals.
2. Complete the Confidential Questionnaire and profile assessment so our team can assess if you meet the necessary requirements for Franchise Ownership.
3. The Director of Franchise Development will assess your Questionnaire and profile results. If considered a qualified candidate, you will have a detailed NEXTAFF Overview call with the Director of Franchise Development.
4. After completing our detailed NEXTAFF Overview, you will be sent the Franchise Disclosure Document.
5. After having some time to review the Franchise Disclosure Document, you will have a Franchise Disclosure Document review call with our Director of Franchise Development
6. Once we receive your signed Franchise Disclosure Document receipt, you will then get access to speak to the Co-Founder, Cary Daniel.
7. After completing your Founder Call with Cary Daniel, you can start your validation calls with our Franchise Owners to talk with them directly about their experience in owning a Nextaff staffing franchise.
8. If the mutual evaluation is continuing to go well, you will be invited to the Nextaff Franchise Support Center for Meet the Team Day or a Virtual Confirmation Day.
9. After MTD / VCD, together we decide if Nextaff is a good fit for your goals and if approved, you will be sent a Franchise Agreement for review and approval.
Hear what Co-Founder & CEO Cary Daniel has to say about NEXTAFF
You Don’t Have to Choose Between Career and Freedom. With a Nextaff staffing franchise, you can finally have both.