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Updated RecentlySpherion vs Executives Online Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Spherion vs Executives Online 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 | N/A |
| Franchise Fee | $26,250 - $35,000 | N/A |
| Royalty Fee | 0.25% - 0.75% | - |
| Advertising Fee | - | - |
| Year Founded | 1946 | 2000 |
| Year Franchised | 1956 | 2005 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 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/- | -/- |
| Start-up Costs | Yes/- | -/- |
| Equipment | Yes/- | -/- |
| Inventory | Yes/- | -/- |
| Receivables | Yes/- | -/- |
| Payroll | Yes/- | -/- |
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 | - |
| Marketing | Ad Templates National Media 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 | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | No | Yes |
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
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#89 in Franchise 500 for 2020.
#93 in Franchise 500 for 2021.
About Executives Online
Executives Online provides executive search, interim managers and project managers for any major corporate role in any major discipline, such as:
Managing Directors, CEOs and General Management Change Management Call Centre Management Operations Management Financial Management
Human Resources Management IT Directors and IT Project Management Supply Chain Management and Logistics Marketing and Public Relations Sales and Business Development