Nextaff
Staffing- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$122K - $157K
- Units as of 2023
-
35 59.1% over 3 years
Cary Daniel and James Windmiller opened their first staffing agency in 1998. By 2004, the co-founders decided to offer Nextaff franchises, but Cary and James were not ready to stop.
The duo opened Nextaff soon after by using lessons they had learned from the first company. In 2016, James and Cary joined forces with Tim and Terry Malone. Tim and Terry own Malone Workforce Solutions, and the two companies now share information systems to help meet staffing needs.
Nextaff attempts to help companies meet their staffing demands by matching profiles of its most successful employees with job seekers.
Nextaff has opened over 20 franchises since beginning to franchise.
Why You May Want to Start a Nextaff Franchise
Nextaff uses what they call the X-Factor method to help companies find new hires. Instead of just sending the company a massive amount of resumes, Nextaff looks at key indicators. Nextaff takes the profile of the company's most successful employees and figures out exactly what the company is looking for. Then, Nextaff matches the characteristics in the profile to job seekers.
Nextaff franchisees do not necessarily need to have experience in the staffing industry. However, it is generally good to have experience in the IT or healthcare industries if the franchisee wants to open one of those divisions. It is also a good idea for the franchisee to have business-to-business sales experience. Anyone who wants to go home feeling like they have made a difference in a person's life may find Nextaff to be a good fit.
What Might Make a Nextaff Franchise a Good Choice?
To be part of the Nextaff team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs In addition, you should prepare yourself for the existence of ongoing fees that will include advertising fees and royalty fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
If you are awarded a Nextaff franchise, you will receive the following training.
Several hours of onboarding
At least two dozen hours of online training
At least three dozen hours of classroom training
At least two dozen hours of onsite training
Nextaff franchisees have access to support through weekly onboarding calls, monthly group training sessions, and various back-office systems.
How To Open a Nextaff Franchise
As you decide if opening a Nextaff franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Nextaff franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Company Overview
About Nextaff
Industry | Business Services |
---|---|
Related Categories | Staffing/Recruiting |
Founded | 1998 |
Leadership | Cary Daniel, Co-Founder & CEO |
Corporate Address | 11101 Switzer Rd., #110 Overland Park, KS 66210 |
Social | Facebook,Twitter,LinkedIn,Instagram,YouTube |
Business Overview
Franchising Since | 2004(19 years) |
---|---|
# of employees at HQ | 17 |
Where seeking | This company is offering new franchisees in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming |
# of Units | 35(as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Nextaff franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee |
$49,000 |
---|---|
Initial Investment |
$121,800 - $156,900 |
Net Worth Requirement |
$250,000 |
Cash Requirement |
$175,000 |
Veteran Incentives |
20% off franchise fee |
Royalty Fee |
5-8% |
Ad Royalty Fee |
0.75% |
Term of Agreement |
5 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
In-House Financing | Nextaff offers in-house financing to cover the following: accounts receivable, payroll |
---|---|
Third Party Financing | Nextaff has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory |
Training & Support Offered
特许经营提供最初的培训项目和一个variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 96 hours |
---|---|
Classroom Training | 40 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit? |
No |
Can this franchise be run part time? |
No |
#运行所需的员工 | 3 |
Are exclusive territories available? |
Yes |
Interested in ownership opportunities like Nextaff? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Nextaff landed on this year's Franchise 500 Ranking versus previous years.
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