Lloyd Personnel Systems vs Fortune Personnel Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Lloyd Personnel Systems vs Fortune Personnel including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Lloyd Personnel Systems Franchise
Fortune Personnel Franchise
Investment $93,500 - $155,300$86,300 - $130,100
Franchise Fee $20,000$45,000
Royalty Fee 7-40%8%-7%
Advertising Fee -1%
Year Founded 19711959
Year Franchised 19861973
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Lloyd Personnel Systems Franchise
Fortune Personnel Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Lloyd Personnel Systems Franchise
    Fortune Personnel Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/Yes
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Lloyd Personnel Systems Franchise
    Fortune Personnel Franchise
    Training Training sessions offered year-round, owners conference On-The-Job Training: 25 hours Classroom Training: 53 hours Additional Training: Ongoing
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluationsPurchasing 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 Ad slicks, Regional advertisingCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Loyalty program/app
    Operations 33% 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

     
    Lloyd Personnel Systems Franchise
    Fortune Personnel Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Lloyd Personnel Systems

    LLoyd’s purpose is helping people build amazing careers by connecting them with jobs that inspire and client partners who make hiring quality talent a priority.

    Lloyd Staffing is actively seeking entrepreneurs to own and operate a Lloyd Staffing franchise. The staffing industry is one of the fastest growing business sectors both nationally and internationally.

    The Lloyd companies have been fine-tuning our unique approach to staffing and employment since our inception in 1971. During this time frame, we have successfully served thousands of employers, job seekers and temporary employees. Our blended service concept truly embodies the entire spectrum of staffing, including temporary personnel, consultant referrals, contingency placement and executive search. And, because we recognize that the field of human resources has significantly changed its structure and focus over the years, we have also added several complimentary and compatible staffing components to our service line to enhance the support we provide to the business community.

    Lloyd Staffing boasts a leadership team that forms a powerful blend of staffing knowledge, management, vision and ethical business practices. Many of our managers are nationally certified staffing professionals with 20 or more years experience specific to employment and at least 10 years or more as Lloyd employees.

    At Lloyd, we are committed to attracting the best people in the staffing industry. We believe that our workplace offers true consideration of professional and personal choices and provides an environment that nurtures career development and embraces innovative changes in the staffing community.

    As a leader in the staffing and employment industry, we are always on the lookout for exceptionally bright and motivated people to join our team of talent.

    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.

    Veteran Incentives  10% off franchise fee