Archive for October, 2008
A time of turbulence could also be the right time to launch
Posted in Global on October 24th, 2008
An Antal International Recruitment Franchise with growth at nearly 70% so far this year may be the Answer!
A downturn is often seen as an opportunity to start out on your own and many people now facing redundancy will do just that, says Marc Shoffman, of the Federation of Small Businesses (FSB). With this statement Marc provides a warning: “of the 500,000 small businesses which will start this year, 300,000 will fail within 12 months”. The success rate is much higher through launching with a franchise business as proven by a survey conducted by Natwest bank which states that 93% of franchisees were still trading profitably by year 5, compared to 80% of other business start-ups failing within the first 2 years. Liz Kilford, Franchise Development Director at Antal International says “we have found that the main banks are still lending money to franchisees, as long as the franchise proposition is sound and the business plan is realistic. Here at Antal International we have been a finalist for 3 years running for the BFA sponsored Franchisor of the Year award, which gives us credibility with the banks.”
Doug Bugie, CEO of Antal International Network, has more than 25 years experience in franchised global recruitment (google Doug Bugie) and has helped lead franchise owners through 4 downturns helping them to increase their profitability throughout. Doug says, “I know many people become disheartened when faced with a downturn, but we at Antal International get excited! This is the time to really help companies compete and gain market share through placing high caliber candidates that have the ability and drive to help companies grow and thrive. Because of this, it is a great time to launch a recruitment business with a proven system!” Tony Goodwin, Chairman and Founder of Antal International and one of the most successful people in global recruitment, was quoted at the start of 2008 on how a recruitment company can protect themselves through a threat of a downturn in what he called a downturn resistant business model: “To be downturn resistant, recruitment companies must have the ability to adapt quickly to market needs and seek out and leverage supply and demand gaps” (review this article in full).
This advice has been crucial to Antal International’s success in 2008 where they have seen a business increase of nearly 70%.