Spherion vs RemedyTemp Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Spherion vs RemedyTemp including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Spherion Franchise
RemedyTemp Franchise
Investment $148,025 - $347,475$95,000 - $155,000
Franchise Fee $26,250 - $35,000$18,000
Royalty Fee 0.25% - 0.75%Varies
Advertising Fee --
Year Founded 19461967
Year Franchised 19561987
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee Current initial license fee-


Business Experience Requirements

 
Spherion Franchise
RemedyTemp Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills

  • General business experience
  • Marketing skills

  • Financing Options

     
    Spherion Franchise
    RemedyTemp Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/-Yes/No
    Start-up Costs Yes/-No/Yes
    Equipment Yes/-No/Yes
    Inventory Yes/-No/No
    Receivables Yes/-Yes/No
    Payroll Yes/-Yes/No

    Training & Support

     
    Spherion Franchise
    RemedyTemp Franchise
    Training On-The-Job Training: 120 hours Classroom Training: 40 hours Additional Training: At existing location -
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
    Marketing Ad Templates National Media Regional Advertising Social media SEO Email marketing Ad slicks, Regional advertising
    Operations 90% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3 - 5

    100% of current franchisees are owner/operators

    30% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 5

    Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators)


    Expansion Plans

     
    Spherion Franchise
    RemedyTemp Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoYes

    Company Overviews

    About Spherion

    Our franchise owners are able to leverage the corporate infrastructure of this industry-leading, established company. Spherion® bills your clients, pays your employees and provides the software applications and innovative technology that connect you to the corporate network. That means you eliminate many operating costs associated with running your business and can focus on growing your business.
    Spherion Franchise Program Highlights:
    *100 percent financing for temporary payroll
    *Accounting Support
    *Call center for operations & technical help
    *Centralized recruiter tools & resources
    *Centralized sales & marketing tools
    *Client invoicing
    *Comprehensive pre-opening process
    *Dedicated & experienced field support team
    *Extensive training programs, including our "In-branch" experience
    *In-depth monitoring & coaching programs
    *National sales programs
    *Online training, assessment & career tools for your flexible employees
    *Owner advisory council
    *Protected Territory
    *Regional & annual meetings
    *Web-based technology & tools to run your Business for both sales & recruitment

    As a network of locally owned staffing businesses, Spherion is dedicated to providing the resources, tools and support you need to be successful in your market!

    The total investment necessary to begin operation of a Spherion General Staffing franchise ranges from $148,025 to $220,825 and a Spherion Professionals franchise ranges from $247,945 to $347,475. This includes the initial franchise fee of $35,000 that must be paid to Spherion.
    Veteran Incentives  25% off franchise fee

    "World     "Entrepreneur
    #89 in Franchise 500 for 2020.
    #93 in Franchise 500 for 2021.




    About RemedyTemp

    NO LONGER FRANCHISING

    The primary RemedyTemp office was opened by Robert McDonough in Riverside, California in 1965. The organization moved its central station to close-by Orange County seven years after the fact and started a national development of its impermanent staffing administration. Today the organization has areas across the nation filling transitory, impermanent to-contract and low maintenance positions. RemedyTemp is exchanged on the NASDAQ trade under the REMX image.