MRI Worldwide vs PersoNet Franchise Comparison

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

Start-Up Costs and Fees
 
MRI Worldwide Franchise
PersoNet Franchise
Investment $66,635 - $99,785$35,200 - $100,000
Franchise Fee $40,000$15,000 - $60,000
Royalty Fee 9%-3%Varies
Advertising Fee 0.5%-
Year Founded 19571994
Year Franchised 19651994
Term Of Agreement 10-20 years10 years
Term Of Agreement 10-20 years10 years
Renewal Fee --


Business Experience Requirements
 
MRI Worldwide Franchise
PersoNet Franchise
Experience
  • Industry experience
  • Sales/sales management background preferred
    		• -

    Financing Options
     
    MRI Worldwide Franchise
    PersoNet Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/NoNo/No
    Receivables No/NoYes/No
    Payroll No/NoYes/No

    Training & Support
     
    MRI Worldwide Franchise
    PersoNet Franchise
    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
     
    MRI Worldwide Franchise
    PersoNet Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About MRI Worldwide

    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.

    About PersoNet

    NO LONGER FRANCHISING