Reducing Risk in Franchising: Why Background Screening Matters More Than Ever

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Sponsored content by Reliable Background Screening.

 

By Dr. Alan Lasky | SVP Reliable Background Screening

Over the past month, I attended a franchise brand conference where two franchisees shared a troubling—but avoidable—story: both had employees who stole from them. After the fact, both franchisees stated they discovered the individuals they hired had prior convictions that would have been flagged by even a basic background check.

Unfortunately, they are not alone!

According to a National Safety Council study, 2024 saw 525 workplace fatalities and over 57,000 nonfatal injuries due to intentional harm. Additionally, employee theft has been reported as $50 billion in losses for U.S. businesses annually. Given these realities, the bigger question becomes: Why aren’t more franchisees thoroughly vetting job applicants—and why aren’t more franchisors doing the same with prospective franchisees?

Here Are Three Quick Reasons to Start Background Screening Today:

  1. It’s Affordable
    The biggest misconception is that screening is expensive. In reality, a basic background check costs around $35—a small price compared to the $17,000 it can cost to replace a bad hire.
  2. It’s Fast
    Thorough background checks typically take just 2 business days, making them a seamless part of your onboarding timeline.
  3. It is Easy to Use
    Modern screening tools are user-friendly and quick to complete. Candidates can complete everything from their phone or computer, and you will get clear, actionable reports that help you make confident hiring decisions.

Final Thought:

With 70% of candidates misrepresenting themselves on resumes (Forbes, 2023), screening is not just a smart move—it is essential. It helps you mitigate risk, protect your brand, and retain top talent who are more likely to stay long term.

Want to learn more? Contact us today to discover how simple screening can help safeguard your franchise.  800-787-2439 x104

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