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Below is an in-depth analysis and side-by-side comparison of PrideStaff vs Esprit People including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $143,000 - $233,500 | N/A |
Franchise Fee | $40,000 | N/A |
Royalty Fee | Varies | - |
Advertising Fee | - | - |
Year Founded | 1978 | - |
Year Franchised | 1995 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $1000 | - |
Business Experience Requirements |
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Experience | *Do I have a solid business background, with either management or sales experience? *Do I have the desire to make a difference in other's lives? *Is it important to me to be proud of what my business offers to my community, local businesses, and the people my business will put to work? *Can I see myself remaining passionate about my business and staying engaged, as it matures and grows, even though my specific role will evolve? *Am I open to building and running a sales driven business? *Do I have a high energy level? *Am I willing to train, develop, assist and supervise the 'junior' executives that work with me? *Am I comfortable around different levels of people and environments? *Do I find it fascinating to learn how things work, are made, function, etc.? When I was a child, did I like taking field trips to places like the bread factory or something similar? *Do I consider myself to have an engaging personality with a sense of humor, and a zest for life? If this is you, we might be the right fit! | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | Yes/No | -/- |
Payroll | Yes/No | -/- |
Training & Support |
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Training | The staffing industry provides free training for millions of temporary and contract employees to help meet today's demand for skilled workers. 90% of staffing companies provide free training to their temporary and contract employees. 65% of staffing employees say they developed new or improved work skills through their assignments. 40% of staffing employees say they chose temporary or contract work as a way to obtain employment experience or job training. On-The-Job Training: 80 hours Classroom Training: 80 hours Additional Training: At certified training office | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | - |
Marketing | Ad Templates Social media SEO Website development Email marketing | - |
Operations | Number of Employees Required to Run: 3 | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Why Choose PrideStaff?
It is not by accident that we have the word "pride" in our name... at PrideStaff, our franchisees are proud to be in a business that puts people to work, helps companies to grow and prosper, and to build a business that is respected in their community. We have a culture that is truly unique in that whether you are looking at our Mission Statement or Core Values, they are so much more to us than slogans on a website. We have them, not because we feel like we have to, but rather they serve as a guide for the decisions we make and direction we follow. The focus is 100% on the client experience we provide on a day to day basis. What that has led to, is consistently being recognized in the top 1% of the staffing industry in Client Loyalty and Talent (Candidate) Loyalty, which of course translates into repeat and referral business. We are a company with a fantastic culture and drive to meet and exceed our clients needs.
PrideStaff has also been ranked in Forbes Magazine, for the third straight year, as one of the top five "National Leading Providers" in the Staffing Industry out of a field of more than 7,500 staffing agencies nationwide. FranNet honored PrideStaff with the coveted "Commitment to Excellence" award.
Most recently, PrideStaff was awarded the top marketing award by the American Staffing Association for the "High Cost of Mediocrity" marketing program.
Esprit is an international fashion brand that represents style and quality since 1968. Founded in San Francisco by Susie and Doug Tompkins, Esprit works on a basis of creativity and responsibility, fused with a sunny Californian attitude.
Effortless style, authenticity and easy-going living are at the heart of the brand’s philosophy. These positive values shine through at every level, from the laid-back tailoring to the made-to-last quality, use of natural materials and responsible production. Esprit's aspiration is to be the best casual fashion brand with an outstanding price-value proposition: Capturing market trends and newness in color, quality fabrics and shapes, and expressing them in the effortless, relaxed and comfortable Esprit style. For every garment, Esprit pays maximum attention to fabric selection, fitting and perfect quality. The company's "esprit de corps" reflects a positive and caring attitude towards life that celebrates real people and togetherness according to the brand promise: "We want to make you feel good to look good".
Esprit has a presence in over 40 countries with approximately 900 directly managed retail stores and over 7,800 wholesale points of sale, including franchise stores and sales spaces in department stores, who share the company’s quality standards and brand essence, with inspiring collections for women, men and kids. The Group markets its products under two brands, namely the Esprit brand and the edc brand. Listed on the Hong Kong Stock Exchange since 1993, Esprit has headquarters in Germany and Hong Kong.