Atwork offers staffing services providing temporary clerical, administrative, and light industrial personnel. The franchise serves businesses within specific territories.
Key Insights
- Atwork has a history of supporting businesses with their staffing needs, evolving to meet the changing demands of the workforce landscape and building a strong foundation for its franchise partners.
- The franchise operates by connecting companies with skilled professionals across various sectors, managing payroll and human resources functions, and providing flexible staffing solutions tailored to client requirements.
- The business is positioned within the dynamic staffing and recruitment industry, a sector vital for organizational growth and adaptability, offering essential services that remain in constant demand.
Franchise Fee and Costs to Open
Exploring the financial picture of Atwork gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $156,000 - $213,000, along with a franchise fee of $40,000 - $40,000.
Financial Performance and Revenue
Yearly gross sales of $1,545,405 and estimated earnings of $185,449 - $278,173 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 2.3-4.3 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
AtWork provides comprehensive training for new franchisees. The initial training program is conducted over two weeks at AtWork's corporate headquarters. AtWork offers ongoing operational support and recommends utilizing their established marketing resources to build a successful business. Franchisees receive access to operational manuals and digital tools.
Legal Considerations
Legal considerations for a Atwork franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Franchisees may encounter varied local market competition, requiring strategic differentiation to attract clients. The operational complexity of managing staffing and client needs necessitates robust organizational skills. Reliance on specific supply chains for resources or technology could present logistical considerations, impacting service delivery timelines. Effectively navigating these elements is part of establishing a successful presence.
Franchise Datasheet
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