Franchising is the ideal way to start your own business: You get the flexibility of ownership along with the support of the parent company behind you. If you’re exploring how to buy a franchise in Australia, our blog series is here to help you make an informed investment decision. This month, we’re comparing the Express Employment Professionals recruitment franchise opportunity with a mobile (truck-based) franchise model. Keep reading to find out the pros and cons of each and learn which one might be the best fit for you as you search for a franchise business for sale in Sydney or Victoria.
How does each business model work?
A mobile franchise is just that: a business that delivers goods and services from a vehicle, usually a truck or van. There are a wide range of industries with offerings in this franchise category, from auto repair and pet grooming to food trucks, cleaning services and everything in between. This business model is focused on convenience, bringing the product or service directly to the customer. The demand for the services that a mobile franchise provides is driven by consumer needs and accessibility. As the name implies, there is usually no brick-and-mortar franchise location; your vehicle is your office. Some popular mobile franchise brands in Australia include Snap-on Tools and Jim’s Car Detailing.
A recruitment franchise brings together people seeking jobs and businesses with open positions. The goal is to place candidates in roles that match their skill set and interests. The demand for recruitment services is driven by business needs and the positions that need to be filled (temporary or evaluation hire). In addition to job placement, recruitment offices help candidates with job search skills such as resume writing and interviewing techniques. Franchisees typically lease office space for their business. Express Employment Professionals is a top-ranked recruitment franchise opportunity in Australia.
How much does each one cost?
The true cost of a franchise involves more than just the initial investment. You’ll also need to consider ongoing costs like royalty fees, real estate, inventory expenses and working capital. A Snap-on mobile franchise, for example, has an initial startup cost range of $10,000 to $31,500, plus $13,000 in working capital. Jim’s Car Detailing lists supplies like detailing towels, brushes, sponges, steam cleaner and uniforms as expenses that their franchisees will incur. And although there’s no need to rent an office for a mobile franchise, you need to take into account the cost of fuel and leasing the vehicle.
Express Employment Professionals Australia is an office-based business model with a brick-and-mortar location. Just two employees are needed, and no inventory needs to be kept on hand, which means you can lease a smaller office space. Express has an initial investment range of $170K to $276K AUD, which includes the franchise fee.
Do both models allow for work-life balance?
The ability to be your own boss is what drives many people to explore how to buy a franchise in Australia. If the opportunity to own your schedule and have more time for the things that are most important to you is a key reason you are looking for a franchise business for sale in Sydney or Victoria, here are some things to consider:
- A mobile truck franchise usually involves hands-on work and direct contact with customers. Although you have scheduled appointments, many people enjoy the autonomy that comes with spending each day moving from place to place. The downside is that you may end up working longer and/or irregular hours depending on your industry, especially in a food or event-based business.
- Recruitment franchise offices are open traditional business hours, so you benefit from having a set schedule. This model also requires hands-on work to grow and maintain your business, but you’ll work from the same location each day in a B2B environment, which some people prefer.
How do I know which one is right for me?
When it comes right down to it, the decision on which franchise model is the best fit depends on your answers to these questions:
- Financial: Can you afford it?
- Business model: Is it sustainable, and does it align with your work style?
- Lifestyle: Does it fit with your personal interests and goals? Will it give you work-life balance?
- Support: Does the brand offer ongoing support throughout your ownership journey?
- Potential: Is the brand set up for growth?
Express Employment Professionals has over 40 years of recruitment experience and is known for its outstanding Franchise Owner support. With Sydney-based operational support and 860+ locations around the globe, help is always available. The average Express office places 650 people a year, making a true difference in the lives of people in the community. Companies will always need skilled employees and people will always need work, giving recruitment Franchise Owners greater stability no matter what the economy is doing.
What do I need to do to get started with Express?
Ready to explore how to buy a franchise in Australia with Express? We’re looking for high-energy, motivated people with sales and/or recruitment experience to bring our brand to market. This is a hands-on ownership opportunity, so you need to be willing to do the work it takes to grow your business. Financially, an Express franchise requires a total investment of $170K to $276K, plus 12 months of personal living expenses in reserve.
If you’d like to learn more about the Express Employment Professionals opportunity in Australia, simply fill out the form below. One of our Franchise Development Directors will contact you to take the next step.
