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Below is an in-depth analysis and side-by-side comparison of Snelling Personnel Services vs Entrepreneur's Source including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $99,200 - $181,000 | $92,450 - $100,750 |
Franchise Fee | $20,000 | $55,000 |
Royalty Fee | Varies | 25% |
Advertising Fee | - | $750/mo. |
Year Founded | 1951 | 1984 |
Year Franchised | 1956 | 1997 |
Term Of Agreement | Lifetime | 10 years |
Term Of Agreement | Lifetime | 10 years |
Renewal Fee | - | $5K |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/No |
Inventory | No/No | No/No |
Receivables | Yes/No | No/No |
Payroll | Yes/No | No/No |
Training & Support |
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Training | Learning never stops at Snelling University, state-of-the-art training that includes classes in temporary, contract, temp-to-hire and career placement services and sales management in addition to service and leadership training. | On-The-Job Training: 252 hours Classroom Training: 77 hours Additional Training: Ongoing virtual training, mentor |
Support | As a Snelling franchisee, you never go it alone. You can always call on a TEAM of dedicated support staff, with experienced field representatives and successful franchisees to help you make the most of your business. Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Online Support Field Operations Franchisee Intranet Platform |
Marketing | Marketing and sales tools include: advertising, sales brochures, direct mail, sales presentations, digital marketing materials, hosted Web site,social media support and public relations press kits. | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations |
28% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. |
Franchise can be run from home.
Absentee ownership allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | Yes |
International Expansion | No | Yes |
The Entrepreneur's Source, a franchise-consulting firm, was founded by Terry Powell in 1984. The company matches clients to franchise opportunities by conducting interviews, filling out profiles and assessing a client's goals, needs and expectations. The Entrepreneur's Source also educates clients on the basics of franchising and other business options. Clients pay nothing for their consultation; instead, The Entrepreneur's Source earns its income from the franchisors it recommends.