MRI Worldwide vs Essential Pros Franchise Comparison

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

Start-Up Costs and Fees
 
MRI Worldwide Franchise
Essential Pros Franchise
Investment $66,635 - $99,785$120,850 - $201,000
Franchise Fee $40,000$30,000
Royalty Fee 9%-3%up to 5.5%
Advertising Fee 0.5%0.5%
Year Founded 19572018
Year Franchised 19652019
Term Of Agreement 10-20 years-
Term Of Agreement 10-20 years-
Renewal Fee --


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

    Financing Options
     
    MRI Worldwide Franchise
    Essential Pros Franchise
      In-House/3rd PartyIn-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
     
    MRI Worldwide Franchise
    Essential Pros 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
    Essential Pros Franchise
    US Expansion -Yes
    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 Essential Pros

    "Essential

    Starting a business on your own may seem like a daunting enterprise - and it would be if you were doing it on your own. One of the many reasons why Essential Pros is such an exciting opportunity is that since the beginning we’ve been perfecting a business model that keeps ongoing costs low so that franchise owners can keep more of the money they earn.
    Our back-end support is second-to-none in the staffing industry. We provide a robust team of experts who will handle your payroll, invoicing, accounts receivable, collections, marketing resources, risk management consulting, as well as a ATS/CRM that helps you stay organized and focused on hitting your sales goals. All of this support means that you can begin operations with a minimal staff of three to four people, and get an office space with a lighter footprint and cheaper rent. This ongoing support will make your business easy to run, quick to scale and will give you the ability to serve as the CEO of your company, focusing your energies on forging relationships and winning sales in your community.
    “We wanted to make this business as turnkey as possible,” says Nicole Powell, Vice President of Essential Pros. “Our industry-leading back-end support keeps costs low on an ongoing basis, and minimizes the stress of an owner so that they can focus their efforts on networking, marketing and generating sales.
    This is a sales business, and we need our franchise owners doing what they do best - making sales.  
    We’ll take care of the rest.”