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A great deal of money can be made if you buy a staffing business. Finding the perfect staffing agency for sale can literally land you in a gold mine. However, there are considerations to be made and planning involved for buying a staffing business.

Tax Records and Profit Reports
When you find a staffing company for sale, ask the owner for a copy of the past 3 years of tax records. Also, obtain the profit and loss reports for the previous 3 years. This will enable you to determine if there is potential profit to be made and if there are any outstanding debt problems with the business.

Better Business Bureau Report
Obtain a copy of the Better Business Bureau report to determine if the staffing agency has a good standing reputation. If there are outstanding disputes or mediations it is best to see if the issues can be resolved or you should find a different staffing company for sale.

Current Clientele and Employees
A staffing company runs on staffing clientele with employees. An established company will have a significant number of regular clientele. There will be ample employees to cover the clientele staffing needs. Be certain that the staffing business for sale is going to include this confidential data as part of the sale.

Competition
Check the market to find out how many other staffing agencies are in the area. What percentage of the market does the staffing agency for sale own? If the market is flooded with companies, it will be difficult to maintain a healthy profit level.
Your other option is to specialize in a different field than the current competitors. This will require a change in clientele and hiring new staff that can meet the skill requirements of the new field. This can be very costly and risky.

Staffing Company Benefits
Determine if the staffing business for sale offers employee benefits. If they do, what are the benefits and what is the cost to the staffing agency. You will be assuming this coverage in order to maintain the current staff for fulfilling clientele needs.

Current Employment Market
If the current employment market in the area is strong, it can be difficult to run a staffing business. If potential employees are able to easily find other jobs that are permanent, they do not need to work for a staffing agency.
Likewise, if there are ample employees to hire on the employment market there is less need for businesses to hire head hunters and use staffing agency types of services. Thus it is important to look at the current employment market for the area before you select a staffing company for sale.

Conclusion
Selecting the right staffing business for sale can yield incredible profits if you carefully do your research prior to the purchase. The key is to establish why a particular staffing agency is for sale. Be certain that the current competitors and the current employment market can support the staffing business that is for sale prior to making your purchase.