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Updated RecentlyMRI Worldwide vs Redwood Healthcare Staffing Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of MRI Worldwide vs Redwood Healthcare Staffing 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 | $136,700 - $179,450 |
| Franchise Fee | $40,000 | $40,000 |
| Royalty Fee | 9%-3% | 5% |
| Advertising Fee | 0.5% | 1% |
| Year Founded | 1957 | 2010 |
| Year Franchised | 1965 | 2010 |
| Term Of Agreement | 10-20 years | 10 years |
| Term Of Agreement | 10-20 years | 10 years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | � a strong desire to succeed - "a belief in yourself" � strong interpersonal skills - "a people person" � can manage and inspire people � a good attitude � the ability to be coached � business acumen |
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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/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | Initial Corporate Office Training, On Site training, On Site visits |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter, Webinars, Toll Free number, Operations Manual, Site Selection Approval |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | National Media, Co-op advertising, branded materials |
| 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) | Number of employees needed to run business � 3 Absentee Ownership is NOT allowed |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
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 Redwood Healthcare Staffing
Redwood Healthcare Staffing is a full service medical staffing company for nurses
and other healthcare professionals. We offer Per Diem, contract and travel placement
services for healthcare facilities and homecare clients. Franchisees benefit from
excellent training, marketing support, choice in territories, and access to our proven
business methods which have been crafted and used in the medical staffing industry since 2010.