Spherion vs Essential Pros Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Spherion vs Essential Pros including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$148,025 - $347,475 | $120,850 - $201,000 |
Franchise Fee |
$26,250 - $35,000 | $30,000 |
Royalty Fee |
0.25% - 0.75% | up to 5.5% |
Advertising Fee |
- | 0.5% |
Year Founded |
1946 | 2018 |
Year Franchised |
1956 | 2019 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
Current initial license fee | - |
Business Experience Requirements |
Experience |
Industry experience General business experience Marketing skills | - |
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 | Yes |
Canada Expansion |
No | - |
International Expansion |
No | - |
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
#89 in Franchise 500 for 2020.
#93 in Franchise 500 for 2021.
About Essential Pros
Starting a business on your own may seem like a daunting enterprise -
and it would be if you were doing it on your own. One of the many
reasons why Essential Pros is such an exciting opportunity is that since the beginning we’ve been perfecting a business model that keeps ongoing
costs low so that franchise owners can keep more of the money they earn.
Our back-end support is second-to-none in the staffing industry. We
provide a robust team of experts who will handle your payroll,
invoicing, accounts receivable, collections, marketing resources, risk
management consulting, as well as a ATS/CRM that helps you stay
organized and focused on hitting your sales goals. All of this support
means that you can begin operations with a minimal staff of three to
four people, and get an office space with a lighter footprint and
cheaper rent. This ongoing support will make your business easy to run,
quick to scale and will give you the ability to serve as the CEO of your
company, focusing your energies on forging relationships and winning
sales in your community.
“We wanted to make this business as turnkey as possible,” says Nicole
Powell, Vice President of Essential Pros. “Our industry-leading
back-end support keeps costs low on an ongoing basis, and minimizes the
stress of an owner so that they can focus their efforts on networking,
marketing and generating sales.
This is a sales business, and we need
our franchise owners doing what they do best - making sales.
We’ll take care of the rest.”