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Below is an in-depth analysis and side-by-side comparison of Spherion vs Talent Tree 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 | $120,000 - $170,000 |
Franchise Fee | $26,250 - $35,000 | $20,000 |
Royalty Fee | 0.25% - 0.75% | - |
Advertising Fee | - | - |
Year Founded | 1946 | 1976 |
Year Franchised | 1956 | 1990 |
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 | 1. Corporate Office 3-4 Weeks 2. Franchise 1st 120 Days |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Regional or National Meetings 800 Telephone Hotline |
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 | Average Number of Employees: 2 Full-time, 0 Part-time Passive Ownership: Allowed |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
TALENT TREE offers full-service staffing franchise opportunities with the placement of clerical, administrative, technical support and light industrial staff. Franchisees are offered intensive on-going training and hands-on support by industry experts. Our franchisees have the advantage of our proven system and innovative, proprietary programs.