|
Below is an in-depth analysis and side-by-side comparison of Spherion vs Manpower including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $148,025 - $347,475 | $500,000 |
Franchise Fee | $26,250 - $35,000 | N/A |
Royalty Fee | 0.25% - 0.75% | - |
Advertising Fee | - | - |
Year Founded | 1946 | 1948 |
Year Franchised | 1956 | 1995 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | Current initial license fee | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
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 |
||
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 |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
ManpowerGroup is a multinational United States-based Human Resource company. Its headquarters are in Milwaukee Wisconsin. ManpowerGroup has over three thousand locations in eighty countries around the world. It is the third largest Human Resources service provider in the world. The company's services span a wide range, therefore its clients are varied. Some of the services provided by ManpowerGroup are consulting for employment agencies, recruitment assistance, outsourcing and general job-related consulting. It boasts 31,000 employees around the world.