The global pandemic of 2020 was devastating to many industries and private businesses, however NEXTAFF, a staffing franchise company, was a clear outlier. NEXTAFF has reported strong numbers in its 2020 Franchise Disclosure Document:
- Average Gross Sales per Unit: $1,957,832
- Average Gross Profit per Unit: $464,642
“The strong numbers are a result of our commercial franchise owners pivoting to essential services and our health care offices seeing record demand for staffing services,” explained Cary Daniel, co-founder and CEO. “As employers continue to adjust through this shift from 9-5 to flexible hours and remote work, staffing franchise companies like NEXTAFF will continue to play a vital role in the economy’s bounce back in 2021 and beyond.”
NEXTAFF operates in three main verticals: commercial, information technology and health care, which all had pressing and urgent staffing needs in 2020 and even more in 2021.
Currently, staffing companies place 16 million employees per year. As workers shift from a nine-to-five, permanent workforce to a flexible, on-demand workforce, there has been massive growth within this industry. The days of long-term, salaried, full-time jobs are over for a growing number of Americans – and temporary and contract work is here to stay.
An often-cited Intuit report predicts that contingent workers (such as freelancers, temporary employees, contract workers, or consultants) will make up an astounding 40 percent of the workforce in the near future.