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Below is an in-depth analysis and side-by-side comparison of MRI Worldwide vs Absolute Best Care including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $66,635 - $99,785 | $49,940 - $59,990 |
Franchise Fee | $40,000 | $39,900 |
Royalty Fee | 9%-3% | 7.5-6% |
Advertising Fee | 0.5% | - |
Year Founded | 1957 | 2002 |
Year Franchised | 1965 | 2006 |
Term Of Agreement | 10-20 years | 5 years |
Term Of Agreement | 10-20 years | 5 years |
Renewal 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/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
International franchisees required to buy multiple units/master licenses; 2% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
A subsidiary of CDI Corp., Management Recruiters International has offices in some 35 countries, and more than 5,000 search professionals. Completing thousands of placements annually through its specialized divisions'Management Recruiters, Sales Consultants, CompuSearch and OfficeMates5'Management Recruiters International franchisees may also offer services including flexible staffing, project outsourcing, videoconferencing, compatibility assessment and relocation services.
In 1999, the company acquired British staffing franchisor Humana International, giving it a large presence in Europe. To reflect this expanded reach, in 2000, Management Recruiters International changed its name to MRI Worldwide.
Absolute Best Care is the premier, Nationwide Professional Nanny Placement Agency. More and more families today are turning to Nannies and in-home childcare for their families and are rapidly seeking extensive help in hiring quality Nannies, Baby Nurses, Housekeepers and Babysitters. For working parents, single moms, single dads and stay-at-home parents with one or multiple children; these services are clearly in high demand and growing at a fantastic pace. Families these days with limited time and knowledge are looking for the trusted source to help them hire their caregivers. If you always dreamed of owning your own business and you are ready to capture your share of the $58 billion childcare market, use the Absolute Best Care franchised system to change your life.