It’s a question that everyone considering a franchise investment asks: What is the best franchise to buy in Australia? If you’ve come this far, you already know that franchising is a great way to own your own business while having the support of an established brand behind you. As you compare different industries, you’ll come across many brands in beauty and wellness. From massage and boutique fitness to hair salons and waxing, there’s a business that serves every segment of this fast-growing industry. But how does a beauty and wellness franchise opportunity compare to a recruitment franchise opportunity? Let’s explore these two types of businesses to help you determine which one might just be the best franchise to buy in Australia.
What is a beauty and wellness franchise?
A beauty and wellness franchise provides services and products that promote personal care and well-being, such as:
- Skin care
- Hairstyling
- Nails
- Waxing
- Massage
- Chiropractic
- Fitness
- Spa
What are the pros and cons of a beauty and wellness franchise?
Like any business opportunity, there are pros and cons to opening a beauty and wellness franchise:
Pros:
- Growing industry as people prioritize more of their time and money for self-care.
- Many brands are established and easily recognized, which brings customers through the door.
- “Feel-good” business opportunity — you provide services that help people look and feel their best.
Cons:
- Startup costs can exceed $500K AUD depending on the franchise fee and initial investment required.
- Larger space may be required for certain types of business, resulting in higher rent for you.
- Staffing requirements can vary depending on the type(s) of services offered.
- Many beauty and wellness franchises may require you to keep inventory on hand, adding to your monthly operating costs.
What is a recruitment franchise?
A recruitment franchise helps people find meaningful work that matches their skill set. It does this by partnering with local businesses that have open positions to fill. Recruitment offices work together with these two segments to fulfill both needs, which in turn creates a positive impact on the local economy. Express Employment Professionals is a top recruitment franchise in Australia.
What are the advantages of owning an Express recruitment franchise?
There are many reasons to consider franchising with Express. Unlike the beauty and wellness industry that’s riding a trend, people will always need jobs and businesses will always need employees. Express has been in business for over 40 years, giving them strong brand recognition that helps attract new clients and job seekers. They have a good reputation and a solid business model that does not depend on trends or the economy to function well. Additionally, every Franchise Owner receives comprehensive training and ongoing support to help ensure they have all of the tools they need to build their business. And by helping people find meaningful work that fits their skill set, every Express office makes an impact and becomes a valued member of the community it serves.
How much does it cost to own an Express?
When it comes to franchising, Express Employment Australia is considered a lower-cost opportunity:
- The initial investment range is $170K to $276K AUD, which includes your franchise fee.
- A simple setup means you can lease a smaller office space, resulting in lower monthly rent costs.
- A recruitment franchise doesn’t require you to keep any inventory on hand.
- Staffing requirements are minimal; just two employees are needed to start.
What does it take to get started with Express?
Express is looking for outgoing, high-energy professionals with a background in sales or recruitment. You should be ready to work hands on in your new business, making connections and establishing yourself as an important part of the community. People with outgoing personalities who are natural leaders tend to thrive in this industry. Financially, you should have a net worth of $170K to $250K and liquid assets of $190K to $250K.
Ready to learn more about the best franchise to buy in Australia? Fill out the form below to speak with a member of the Express Employment Australia Franchise Development team.
