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Below is an in-depth analysis and side-by-side comparison of @Work Medical Services vs Preferred HealthStaff including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $159,000 - $236,000 | $62,120 - $94,661 |
Franchise Fee | $40,000 | $35,000 |
Royalty Fee | 2.6%-6.5% | 5% |
Advertising Fee | - | 1% |
Year Founded | 1990 | 2009 |
Year Franchised | 2003 | 2014 |
Term Of Agreement | 10 years | 5 years +5 +5 +5 |
Term Of Agreement | 10 years | 5 years +5 +5 +5 |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | You are not required to have a background in the healthcare field. We look for you having: A positive attitude and resourcefulness Natural sales abilities and the willingness to go “above and beyond” on behalf of clients We prefer franchise owners who will be directly involved in the operations and growth of their Preferred HealthStaff franchises You may have a spouse, a business partner, or administrative staff assist you with running the business. We expect that franchisees have the right amount of capital to invest in the business. |
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Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | Yes/No | -/- |
Payroll | Yes/No | -/- |
Training & Support |
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Training | On-The-Job Training: 32 hours Classroom Training: 32 hours Additional Training: Meetings | You and two key staff members will receive initial at-home training for up to two weeks in total, covering caregiver training, software training, and more. This will be followed by up to five days of training at our corporate support center, covering additional caregiver and software training, as well as marketing, business management, and other important issues. |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | A representative of Preferred HealthStaff will spend up to five days with you during your initial months of operation, assisting you and your staff on-site at your local office. Access to all Preferred HealthStaff's trademarks, and our established business model and procedures. A copy of our confidential operations manual to help you run your franchise business properly on a day-to-day basis. |
Marketing | Ad Templates Regional Advertising Social media SEO Email marketing | |
Operations |
30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2-4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | We prefer franchise owners who will be directly involved in the operations and growth of their Preferred HealthStaff franchises You may have a spouse, a business partner, or administrative staff assist you with running the business. |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | No | No |
@WORK Personnel
* 98% of companies use some form of personnel staffing * Predominately staffs employees in administrative and industrial fields * 3 million people per day are employed by staffing companies * 79% of staffing employees work full time, virtually the same as the rest of the work force
@WORK Medical
* Mostly staffs employees in the health care field such as nurses and allied healthcare workers * With a shortage of nurses and the new healthcare reform this program is in high demand * Recession resistant
@WORK HelpingHands
* Provides non-medical home care and service assistants to individuals who desire help doing daily tasks * Offers four services: Daily Living Assistance & Senior Services; Personal Concierge; Homemaker's Services; and Parent's Helper * 9 out of 10 seniors prefer to grow old in their home
@WORK Search
* Provides a full-service, direct-hire recruiting franchise opportunity * Recruits highly sought accounting, engineering, information systems, human resource, and sales professionals
Veterans Discount: 20% off Franchise Fee