Financial Highlights 2022
BENEFITS OF THE FRANCHISE SOLUTION
HIREQUEST INC. FRANCHISE MODEL
Traditional Staffing Model
Incentive Alignment
Franchisees are owners and drive branch-level
performance and management expectations
Expense Control
Less need for regional/middle management,
significantly reduces operating expenditures
Providing lower cost payroll financing and workers
compensation insurance to franchisees
Enhanced Economic Resiliency
Exposure to diverse set of customer verticals and
recurring revenue streams helps mitigate HQI's
exposure to economic risk
National Scale Drives Local Service
■ National accounts, payroll financing and technology
solutions reduce franchisee workload to drive
stronger staffing operations at the local level
Fluctuating Compensation
■ Difficult to incentivize employees profitably - variable
compensation structures across locations/verticals
can result in inconsistent performance
Obstacles to Expense Control
Additional management required as offerings and
locations grow
■ Small-mid scale competitors may have a harder time
obtaining low-cost financing and adequate workers
compensation programs at reasonable costs
Increased Exposure to Economic Risk
Current economic environment largely impacts
cyclical performance
❤ HIREQUEST INC.
NASDAQ: HQI
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