Do you want to start a HR consulting business by buying a franchise? If YES, here are 7 best HR consultancy franchise opportunities for sale and their cost. Human resources have always been known as one of the departments of a company, but these days, firms have found it more valuable and profitable to outsource their human resources arm.
This now gave rise to businesses whose sole responsibility is to take care of the human resources department of organizations. The human resource consulting industry emerged from management consulting and the industry addresses issues relating to human resource management tasks and decisions. Human resources consultants ensure that an organization’s human capital serves the best interests of the company.
By creating and developing a human resources model specific to the organizations that hire them, human resources consultants work to ensure that the company is effectively using its personnel to achieve its stated goals, while also ensuring the workforce is operating at a high level of productivity and efficiency.
Because businesses now find it cheaper to outsource their human resources duties means that a human resources firm would not find it difficult to get jobs that would enhance its profit margin. The only thing needed here to make sure that you are an expert in what you do because no organisation would hire a novice company to handle its best and most delicate resources, which are its workers.
One way you can get speedy relevance in the field even if you do not have the required number of years of business experience is to buy the franchise of a successful human resource consultancy firm. The outsourced human resource consultancy industry is not yet saturated, so they are currently very few companies that offer franchise in the industry. Listed below are some of the successful HR consultancy franchises you can find in the United States.
7 Best HR Consultancy Franchise Opportunities for Sale and Their Cost
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Face2face HR
Face2face HR is a human resource consultancy firm in the United States that aims to offer tailored HR advice and support, without the cost of employing a full-time member of staff.
The company was founded by Eleanor, an experienced HR professional with a background of working in the private and not-for-profit sectors. Eleanor had been working as a consultant supplying tailored HR services to small and medium-sized organizations for several years before she decided to invest in developing the face2faceHR brand and business system into an opportunity to enable other HR professionals to run their own successful consultancy.
Although Eleanor still works with a few small business clients, she now concentrates her time on supporting partners with face2faceHR through coaching and advice, and also develops and delivers her personalized training programme to ensure partners with face2faceHR have the skills and knowledge they need to be successful in their business.
For details of costs of acquiring this HR consultancy franchise, you can go right to their website and download their company prospectus.
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The Human Resource USA
The Human Resource USA is another successful human resource consultancy firm that is offering franchise in the United States. The company is on the look-out for well-rounded, motivated, intelligent and adaptable human resource experts with at least ten years of managerial or directional experience to operate their own franchises of The Human Resource USA.
As a franchisee, you are required to be an active and engaged member of your clients’ companies, complementing a limited or small human resources department and acting as the go-to HR person for each of problems.
Franchisees of the company are billed to receive all the necessary working materials from the corporate office, including forms, paperwork and sample policies, processes, and programs. If you want to be a part of this company, you are required to contact them via their website for their franchise requirements.
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Human Resource Rx
Human Resource RX is yet another successful human resource consultancy franchise opportunity that exists in the United States. The company provides cost effective outsourced human resource services to small businesses. Human Resource Rx, an established successful California business is expanding nationally using the Franchising business model.
In order to gain rapid market penetration, the company is offering to a few entrepreneurs the Master/Area Representative Franchise opportunity.
The individuals selected to participate in this program will be able to recruit local entrepreneurs to be Human Resource Rx franchisees. In return the Master/Area Representative will receive half of the Franchise Fee and Royalties.
Human Resource Rx provides their franchisees with the necessary training and support to assist their clients with all of their human resource needs. This is a low overhead business that can be conducted as a home-based business. Franchisees will be provided with the initial and ongoing training as well as continuous support.
Financial requirements
- Liquid Capital Required: $40,000
- Net Worth Required: $50,000
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Infiniti HR
Infiniti HR is a Professional Employer Organization designed for franchisors, franchisees, and suppliers. Infiniti HR is recognized for its exceptional ability to support employer standards, mitigate employer risk and liability while providing superior economies of scale and purchasing power to protect the client’s asset.
The Professional Employer Organization provides the client with one aggregate cost of labor at the territory level for predictable and stable labor management. As a customizable PEO scaled specifically for franchises, franchisees can elect or decline services to best serve their unit in their market.
With a commitment to community advocacy, they are always looking to strengthen business relationships and develop partnerships with their customers and suppliers that are based on open and honest communication, mutually-beneficial economics and integrity in every transaction.
Their services include; State-Specific HR Management, (On-Demand Directors, Local Recruiters,) Regulatory Compliance Management, POS/Time Clock /Schedule Integration, True-Group Master Polices for Workers’ Comp, EPLI, Fortune 500® Level Health, Dental, Vision, LTD, Life, 401k and Joint-Employer Liability Insurance.
Financial requirements
- Set-Up Fee: $0
- Payroll Service Fee: $0
- Tax & Compliance Service Fee $0
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Ahead Human Resources
AHEAD Human Resources began business as a staffing company in 1995, when, after flying home from a trip, the founders, Bill Bellis, a seasoned entrepreneur, and his wife, Andrea, had a vision to do something meaningful by finding “good jobs for good people.” AHEAD began offering PEO (Professional Employer Organization) services in 1996, and has evolved into a full service Human Resource services company today.
From the beginning, one of the organization’s strategic growth initiatives was to develop a national footprint through franchising. AHEAD Human Resources Franchise Corporation began offering Staffing and PEO franchises in 2000, and currently offers franchises in select areas of the U.S.
Ahead Human Resources brings a temporary staffing, Professional Employer Organization (PEO) and HR outsourcing franchise to the human resource industry. The company is a market leading Staffing/Professional Employer Organization delivering advanced Human Resource solutions using automated state-of-the-art technology combined with highly skilled Human Resource professionals.
The amazing growth from 1995-2000 of over 29,000% ranks AHEAD HR with the top of the privately held companies in the U.S. AHEAD Franchise Corporation is currently offering franchises in select areas of the U.S.
Financial requirements
- Liquid capital required – $17,700
- Investment – $104,800 – $171,700
- Franchise fee – $17,700
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CNA International
CNA International is a Support Services Partnership and Executive Search business, which enables experienced recruiters and non-recruitment professionals to originate and grow their own CNA branded or own branded recruitment businesses.
Since 1993, CNA has gone from strength to strength, and now comprises two distinct brands, CNA Executive Search and CNA Recruitment. They have 41 offices across the uk and Europe including 6 offices within the CEE & CIS region.
In 2017, they expanded into the USA opening their first office in New York and South Africa, and are now firmly established within APAC region and India, with offices in Gurgaon, Hong Kong, Singapore & the Philippines. Their franchise requirements are available upon inquiry.
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Paychex, Inc.
Paychex, Inc. is an American provider of payroll, human resource, and benefits outsourcing services for small- to medium-sized businesses. With headquarters in Rochester, New York, the company has more than 100 offices serving approximately 605,000 payroll clients as of May 31, 2017. By combining award-winning technology and personal service, Paychex offers solutions that help franchises navigate the complexities of HR and payroll administration.
Paychex is a recognized leader in the payroll, human resource, and benefits outsourcing industry, with a steadfast commitment to success and a record of achievement that continues a tradition of delivering excellence.
From their inception more than 45 years ago, Paychex remains a disruptor in the industry, continuing their investment in technology to develop solutions and enhance services for their franchise businesses. The company serves approximately 650,000 payroll clients across more than 100 locations with a simple goal: “let businesses focus on growing the business and let us take care of the time-consuming administrative tasks of HR and payroll processing”.