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Updated RecentlyAccountants vs Fortune Personnel Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Accountants vs Fortune Personnel including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $185,800 - $259,000 | $86,300 - $130,100 |
| Franchise Fee | $30,000 | $45,000 |
| Royalty Fee | 10% | 8%-7% |
| Advertising Fee | - | 1% |
| Year Founded | 1986 | 1959 |
| Year Franchised | 1994 | 1973 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | 50% of current franchise 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 | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | Yes/No | -/- |
| Payroll | Yes/No | -/- |
Training & Support |
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| Training | - | On-The-Job Training: 25 hours Classroom Training: 53 hours Additional Training: Ongoing |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | National media, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Loyalty program/app |
| Operations |
30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Number of Employees Required to Run: 1 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Accountants
Begun in San Francisco in 1986, Accountants Inc. provides temporary and full-time staffing of accounting and financial services professionals. Dianne Burr Justus, formerly an executive with staffing firm Adecco, founded the company after seeing a need for a niche firm in the placement industry.
Accountants Inc. became part of Select Group, a British provider of staffing services, in 1993.
About Fortune Personnel
New York City in 1959. Fortune Personnel recruits executives in 40 industries
and 50 disciplines. Since the company began franchising in 1973, Fortune Personnel has
provided a network of recruiters, giving client companies access to
nationwide talent and offering candidates career opportunities from
across the country.
Franchise owners select the industries and disciplines in which they
wish to focus, and industry specialists operate the offices. Recruiters
research each client company’s products, services and philosophies;
analyze available positions; perform candidate searches and screening;
present candidates; coordinate interviews; counsel on hiring and assist
in negotiations.