Financial Highlights 2022 slide image

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 7
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