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Updated RecentlyFortune Personnel vs Redwood Healthcare Staffing Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fortune Personnel 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 | $86,300 - $130,100 | $136,700 - $179,450 |
| Franchise Fee | $45,000 | $40,000 |
| Royalty Fee | 8%-7% | 5% |
| Advertising Fee | 1% | 1% |
| Year Founded | 1959 | 2010 |
| Year Franchised | 1973 | 2010 |
| Term Of Agreement | - | 10 years |
| Term Of Agreement | - | 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 |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/Yes | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | On-The-Job Training: 25 hours Classroom Training: 53 hours Additional Training: Ongoing | Initial Corporate Office Training, On Site training, On Site visits |
| Support | 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 | Newsletter, Webinars, Toll Free number, Operations Manual, Site Selection Approval |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Loyalty program/app | National Media, Co-op advertising, branded materials |
| Operations | Number of Employees Required to Run: 1 | Number of employees needed to run business � 3 Absentee Ownership is NOT allowed |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
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.
Veteran Incentives 10% off franchise fee
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.