| ||||
Updated RecentlyPrideStaff vs Fortune Personnel Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of PrideStaff vs Fortune Personnel including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $143,000 - $233,500 | $86,300 - $130,100 |
| Franchise Fee | $40,000 | $45,000 |
| Royalty Fee | Varies | 8%-7% |
| Advertising Fee | - | 1% |
| Year Founded | 1978 | 1959 |
| Year Franchised | 1995 | 1973 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $1000 | - |
Business Experience Requirements |
||
| 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 |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/Yes |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/No | -/- |
| Receivables | Yes/No | -/- |
| Payroll | Yes/No | -/- |
Training & Support |
||
| 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 | On-The-Job Training: 25 hours Classroom Training: 53 hours Additional Training: Ongoing |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Ad Templates Social media SEO Website development Email marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Loyalty program/app |
| Operations | Number of Employees Required to Run: 3 | Number of Employees Required to Run: 1 |
Expansion Plans |
||
| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About PrideStaff
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.
Veteran Incentives 25% off franchise fee
About Fortune Personnel
New York City in 1959. Fortune Personnel recruits executives in 40 industries
and 50 disciplines. Since the company began franchising in 1973, Fortune Personnel has
provided a network of recruiters, giving client companies access to
nationwide talent and offering candidates career opportunities from
across the country.
Franchise owners select the industries and disciplines in which they
wish to focus, and industry specialists operate the offices. Recruiters
research each client company’s products, services and philosophies;
analyze available positions; perform candidate searches and screening;
present candidates; coordinate interviews; counsel on hiring and assist
in negotiations.