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Updated RecentlyFortune Personnel vs Preferred HealthStaff Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fortune Personnel vs Preferred HealthStaff 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 | $62,120 - $94,661 |
| Franchise Fee | $45,000 | $35,000 |
| Royalty Fee | 8%-7% | 5% |
| Advertising Fee | 1% | 1% |
| Year Founded | 1959 | 2009 |
| Year Franchised | 1973 | 2014 |
| Term Of Agreement | - | 5 years +5 +5 +5 |
| Term Of Agreement | - | 5 years +5 +5 +5 |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | You are not required to have a background in the healthcare field. We look for you having: A positive attitude and resourcefulness Natural sales abilities and the willingness to go “above and beyond” on behalf of clients We prefer franchise owners who will be directly involved in the operations and growth of their Preferred HealthStaff franchises You may have a spouse, a business partner, or administrative staff assist you with running the business. We expect that franchisees have the right amount of capital to invest in the business. |
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 | You and two key staff members will receive initial at-home training for up to two weeks in total, covering caregiver training, software training, and more. This will be followed by up to five days of training at our corporate support center, covering additional caregiver and software training, as well as marketing, business management, and other important issues. |
| 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 | A representative of Preferred HealthStaff will spend up to five days with you during your initial months of operation, assisting you and your staff on-site at your local office. Access to all Preferred HealthStaff's trademarks, and our established business model and procedures. A copy of our confidential operations manual to help you run your franchise business properly on a day-to-day basis. |
| 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: 1 | We prefer franchise owners who will be directly involved in the operations and growth of their Preferred HealthStaff franchises You may have a spouse, a business partner, or administrative staff assist you with running the business. |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | No |
| International Expansion | - | No |
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 Preferred HealthStaff
- Veteran Incentives 20% off franchise fee
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