Spherion vs 247staff Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Spherion vs 247staff including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Spherion Franchise
247staff Franchise
Investment $148,025 - $347,475$22,280 - $37,140
Franchise Fee $26,250 - $35,000$10,400
Royalty Fee 0.25% - 0.75%-
Advertising Fee --
Year Founded 1946-
Year Franchised 1956-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee Current initial license fee-


Business Experience Requirements
 
Spherion Franchise
247staff Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Spherion Franchise
    247staff Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/--/-
    Start-up Costs Yes/--/-
    Equipment Yes/--/-
    Inventory Yes/--/-
    Receivables Yes/--/-
    Payroll Yes/--/-

    Training & Support
     
    Spherion Franchise
    247staff Franchise
    Training On-The-Job Training: 120 hours Classroom Training: 40 hours Additional Training: At existing location Five days training at our residential training centre. Fifteen days on-site training.
    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
     
    Spherion Franchise
    247staff Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    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 247staff

    247staff Professional Recruitment can offer you a Franchise in the $25billion a year recruitment industry: with clients; with candidates and with training. In order to start your own recruitment agency, you will be required to provide some investment capital for training, set-up costs and cash flow. We in turn provide you with a list of immediate jobs to fill plus access to a database of 3 million candidates together with all the knowledge and skills you will need in order to set up and run a successful recruitment business. * We believe that we are the fastest growing Franchise in the UK * We also believe that we are the fastest growing Recruitment Agency in the UK * We offer franchises within the Recruitment Industry, dealing in Permanent Placements* of Individuals and Temporary Staff Contracts**. * We have over 50 branches throughout the UK. * We train each Franchisee in all aspects of the recruitment industry. * We assist our Franchisees to find suitable offices in their selected location * We help our Franchisees to get their business set up and continue to work with them developing and establishing their business. * Each new Franchise can be funded either; personally; or through lending institutions or; a combination of both.