Spherion vs Lloyd Personnel Systems Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Spherion vs Lloyd Personnel Systems including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Spherion Franchise
Lloyd Personnel Systems Franchise
Investment $148,025 - $347,475$93,500 - $155,300
Franchise Fee $26,250 - $35,000$20,000
Royalty Fee 0.25% - 0.75%7-40%
Advertising Fee --
Year Founded 19461971
Year Franchised 19561986
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee Current initial license fee-


Business Experience Requirements
 
Spherion Franchise
Lloyd Personnel Systems Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills

  • Industry experience
  • General business experience
  • Marketing skills
    		•

    Financing Options
     
    Spherion Franchise
    Lloyd Personnel Systems Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/-No/No
    Start-up Costs Yes/-No/No
    Equipment Yes/-No/No
    Inventory Yes/-No/No
    Receivables Yes/-No/No
    Payroll Yes/-No/No

    Training & Support
     
    Spherion Franchise
    Lloyd Personnel Systems Franchise
    Training On-The-Job Training: 120 hours Classroom Training: 40 hours Additional Training: At existing location Training sessions offered year-round, owners conference
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
    Marketing Ad Templates National Media Regional Advertising Social media SEO Email marketing Ad slicks, Regional advertising
    Operations 90% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3 - 5

    100% of current franchisees are owner/operators

    		 33% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    Spherion Franchise
    Lloyd Personnel Systems Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Spherion

    Our franchise owners are able to leverage the corporate infrastructure of this industry-leading, established company. Spherion® bills your clients, pays your employees and provides the software applications and innovative technology that connect you to the corporate network. That means you eliminate many operating costs associated with running your business and can focus on growing your business.
    Spherion Franchise Program Highlights:
    *100 percent financing for temporary payroll
    *Accounting Support
    *Call center for operations & technical help
    *Centralized recruiter tools & resources
    *Centralized sales & marketing tools
    *Client invoicing
    *Comprehensive pre-opening process
    *Dedicated & experienced field support team
    *Extensive training programs, including our "In-branch" experience
    *In-depth monitoring & coaching programs
    *National sales programs
    *Online training, assessment & career tools for your flexible employees
    *Owner advisory council
    *Protected Territory
    *Regional & annual meetings
    *Web-based technology & tools to run your Business for both sales & recruitment

    As a network of locally owned staffing businesses, Spherion is dedicated to providing the resources, tools and support you need to be successful in your market!

    The total investment necessary to begin operation of a Spherion General Staffing franchise ranges from $148,025 to $220,825 and a Spherion Professionals franchise ranges from $247,945 to $347,475. This includes the initial franchise fee of $35,000 that must be paid to Spherion.
    Veteran Incentives  25% off franchise fee

    "World     "Entrepreneur
    #89 in Franchise 500 for 2020.
    #93 in Franchise 500 for 2021.




    About Lloyd Personnel Systems

    LLoyd’s purpose is helping people build amazing careers by connecting them with jobs that inspire and client partners who make hiring quality talent a priority.

    Lloyd Staffing is actively seeking entrepreneurs to own and operate a Lloyd Staffing franchise. The staffing industry is one of the fastest growing business sectors both nationally and internationally.

    The Lloyd companies have been fine-tuning our unique approach to staffing and employment since our inception in 1971. During this time frame, we have successfully served thousands of employers, job seekers and temporary employees. Our blended service concept truly embodies the entire spectrum of staffing, including temporary personnel, consultant referrals, contingency placement and executive search. And, because we recognize that the field of human resources has significantly changed its structure and focus over the years, we have also added several complimentary and compatible staffing components to our service line to enhance the support we provide to the business community.

    Lloyd Staffing boasts a leadership team that forms a powerful blend of staffing knowledge, management, vision and ethical business practices. Many of our managers are nationally certified staffing professionals with 20 or more years experience specific to employment and at least 10 years or more as Lloyd employees.

    At Lloyd, we are committed to attracting the best people in the staffing industry. We believe that our workplace offers true consideration of professional and personal choices and provides an environment that nurtures career development and embraces innovative changes in the staffing community.

    As a leader in the staffing and employment industry, we are always on the lookout for exceptionally bright and motivated people to join our team of talent.