frequently asked questionsWhy is the LSA Recruitment Franchise model the best choice for recruiters looking to setup their own business?
The LSA franchise model offers recruitment professionals the best opportunity in the industry to establish their own business.
What commission do I earn?
Our formula is simple. Your commission is at least 80% of all fees - even if you only bill $60,000 - giving you security in knowing exactly what you will receive in commission payments.
In addition, we understand and appreciate the effort that goes into being a "significant biller" and so we reward those franchisees with commissions up to 95%.
Whereas other industry models pay reduced commission for the initial revenue, we understand that this is the time when you need the income the most. With the LSA model you are guaranteed a minimum 80% commission plus we offer the extra security of LSA Cashflow Finance.
Are there any monthly fees that I would have to pay?
No.
Am I restricted to a geographical territory or industry sector?
No. Our systems allow you to market across all regions and sectors.
We have implemented controls to ensure that other LSA franchisees do not attempt to "steal" your clients - competition is good but we also know that self-regulation doesn't work in the recruitment industry. As long as you look after your clients and candidates, you can be assured that your relationship will be protected.
Can I run a dual desk?
Yes. We encourage all of our franchisees to source across both contract/temp and perm. Contract fees provide a good source of cashflow and often open doors for perm placements and/or "temp to perm" fees.
If you are unsure about running a temp desk, don't worry. This is covered in our training programme and we will support you until you are completely confident in the process.
How do I pay the contractors/temps?
LSA will handle the payroll and statutory liabilities relating to your contract and temp staff on your behalf. We offer a fully funded payroll and take responsibility for the administration of the payroll, all super, workers comp, payroll tax and PAYE payments. And, as the contractors are employed by LSA, your liability is minimal. Your role is simply to keep in touch with your clients and the contractors - we will do everything else for you!
Can I split job orders with other franchisees?
Job splits are an excellent way of finalising an assignment/placement within a short timeframe. Our systems fully support commission sharing - from the recruitment software to documented agreement on commission and other conditions of the placement. And again, our process ensures that the client relationship is preserved with no risk of exposure to another recruiter.
We also assist our Franchisees in tendering for national supplier agreements. In these cases the Tender Lead receives direct revenue as well as a percentage of each placement.
Are there any other payments?
A 1% Marketing Levy and 1% Training Levy is contributed from your fees. This ensures that significant funding is spent on the promotion of your business and your professional development.
Funds deposited to the Marketing Fund are controlled and allocated by the Franchise Committee members who are elected as representatives of the Franchisee body.
How do I get paid?
LSA looks after all invoicing and collections - leaving you to do what you do best! We have an ongoing payment process which means that commission is transferred into your bank account as soon as they are cleared in the LSA account. Won't initial cashflow be difficult?
The establishment phase in any business is always the most difficult, particularly in regards to cashflow. To help you over this period, LSA has developed Cashflow Assistance option to provide access to invoiced fees prior to payment by your client.
The LSA Cashflow Assistance option takes the pressure off during those first few months until the momentum of your business is established. This, coupled with 80% commission, goes a long way in reducing the risk during the establishment phase.
Of course, this Cashflow Assistance option can also be accessed at any stage and is an excellent source of financial support to allow you to grow your business.
Does LSA insist on specific charge rates?
No. This is your business, you know your clients better than us and we trust that you will be trying to achieve a rate that reflects the optimum financial result whilst also nurturing the client relationship.
What sets LSA Recruitment apart from other offers?
LSA Recruitment has developed a franchise model that not only allows you to run your own business and enjoy the financial rewards that this brings but also provides you with the opportunity to build a saleable asset.
How is the LSA Franchise different to a licence model?
A franchise offers you security that a licence model can't. The lack of structure adopted by licence models results in a "here today, gone tomorrow" workforce, rather than the stable platform offered under the franchise agreement.
Your reputation rests with the brand and the controls offered under a franchising model are fundamental to maintaining the high standards of the brand. You also have the security of knowing that all operations comply with the Franchising Code of Conduct and you have the comfort of knowing that you have recourse through legislation.
Do I need to register a company?
No. The franchise can be operated as a sole trader with a registered ABN or as a Pty Ltd company.
Do you provide training and support?
LSA operates on an personal basis and treats all franchisees as individuals. Our training program is released 12 months in advance and is offered via webinars, web meetings and forums, personal coaching and individual development programmes.
We also understand the challenges of working in a virtual environment and so we offer a fully functional and interactive intranet so that you can keep in touch with your peers, share information, discuss industry or general topics and access all precedents and templates.
I'm not sure that I know how to run a business?That is why we offer coaching that goes beyond specific recruitment master classes. Our mission is to help you to achieve success as a business owner and have established a training blueprint to help you do so.
What do I need to setup my home office?
You will need to have a relatively current model PC running Windows XP or Vista (not Home Basic) as well as a broadband connection. You will access our recruitment database software, access the Microsoft Office suite (including your emails) as well as the LSA intranet site.
During our induction training we cover all aspects of operating from a virtual environment - from the physical setup and external support (accounting/bookkeeping) to understanding the benefits and challenges of working from home.
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