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Below is an in-depth analysis and side-by-side comparison of Spherion vs @Work Medical Services 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 | $159,000 - $236,000 |
Franchise Fee | $26,250 - $35,000 | $40,000 |
Royalty Fee | 0.25% - 0.75% | 2.6%-6.5% |
Advertising Fee | - | - |
Year Founded | 1946 | 1990 |
Year Franchised | 1956 | 2003 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | Current initial license 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/Yes |
Start-up Costs | Yes/- | No/Yes |
Equipment | Yes/- | No/Yes |
Inventory | Yes/- | No/Yes |
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 | On-The-Job Training: 32 hours Classroom Training: 32 hours Additional Training: Meetings |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | Ad Templates National Media Regional Advertising Social media SEO Email marketing | Ad Templates Regional Advertising Social media SEO Email marketing |
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: 2-4 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 |
@WORK Personnel
* 98% of companies use some form of personnel staffing * Predominately staffs employees in administrative and industrial fields * 3 million people per day are employed by staffing companies * 79% of staffing employees work full time, virtually the same as the rest of the work force
@WORK Medical
* Mostly staffs employees in the health care field such as nurses and allied healthcare workers * With a shortage of nurses and the new healthcare reform this program is in high demand * Recession resistant
@WORK HelpingHands
* Provides non-medical home care and service assistants to individuals who desire help doing daily tasks * Offers four services: Daily Living Assistance & Senior Services; Personal Concierge; Homemaker's Services; and Parent's Helper * 9 out of 10 seniors prefer to grow old in their home
@WORK Search
* Provides a full-service, direct-hire recruiting franchise opportunity * Recruits highly sought accounting, engineering, information systems, human resource, and sales professionals
Veterans Discount: 20% off Franchise Fee