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Below is an in-depth analysis and side-by-side comparison of Spherion vs Accountants including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $148,025 - $347,475 | $185,800 - $259,000 |
Franchise Fee | $26,250 - $35,000 | $30,000 |
Royalty Fee | 0.25% - 0.75% | 10% |
Advertising Fee | - | - |
Year Founded | 1946 | 1986 |
Year Franchised | 1956 | 1994 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | Current initial license fee | 50% of current franchise fee |
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/- | No/No |
Start-up Costs | Yes/- | No/No |
Equipment | Yes/- | No/No |
Inventory | Yes/- | No/No |
Receivables | Yes/- | Yes/No |
Payroll | Yes/- | Yes/No |
Training & Support |
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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, Field operations/evaluations |
Marketing | Ad Templates National Media Regional Advertising Social media SEO Email marketing | National media, 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: 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | No | No |
Begun in San Francisco in 1986, Accountants Inc. provides temporary and full-time staffing of accounting and financial services professionals. Dianne Burr Justus, formerly an executive with staffing firm Adecco, founded the company after seeing a need for a niche firm in the placement industry.
Accountants Inc. became part of Select Group, a British provider of staffing services, in 1993.