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Below is an in-depth analysis and side-by-side comparison of Spherion vs 10 til 2 including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $148,025 - $347,475 | $39,995 - $176,100 |
Franchise Fee | $26,250 - $35,000 | $20,000 - $45,000 |
Royalty Fee | 0.25% - 0.75% | - |
Advertising Fee | - | - |
Year Founded | 1946 | 2003 |
Year Franchised | 1956 | 2006 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | Current initial license fee | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/- | -/- |
Start-up Costs | Yes/- | -/- |
Equipment | Yes/- | -/- |
Inventory | Yes/- | -/- |
Receivables | Yes/- | -/- |
Payroll | Yes/- | -/- |
Training & Support |
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Training | On-The-Job Training: 120 hours Classroom Training: 40 hours Additional Training: At existing location | - |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | - |
Marketing | Ad Templates National Media Regional Advertising Social media SEO Email marketing | - |
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 | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
10 til 2 IS NO LONGER FRANCHISING. All our operations are centralized to our Denver headquarters. The Part-Time Placement Service 10 til 2 is a unique staffing service, supplying companies with tactical help from capable professionals who are available on a part-time basis. The 10 til 2 approach creates a new win-win for companies and professionals who have a lot to offer on a part-time contract basis. We call it part-time....Our clients call it perfect.