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Updated RecentlyRemedyTemp vs Talent Tree Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of RemedyTemp vs Talent Tree including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $95,000 - $155,000 | $120,000 - $170,000 |
| Franchise Fee | $18,000 | $20,000 |
| Royalty Fee | Varies | - |
| Advertising Fee | - | - |
| Year Founded | 1967 | 1976 |
| Year Franchised | 1987 | 1990 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal 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 | Yes/No | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/No | -/- |
| Receivables | Yes/No | -/- |
| Payroll | Yes/No | -/- |
Training & Support |
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| Training | - | 1. Corporate Office 3-4 Weeks 2. Franchise 1st 120 Days |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Regional or National Meetings 800 Telephone Hotline |
| Marketing | Ad slicks, Regional advertising | - |
| Operations |
30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) | Average Number of Employees: 2 Full-time, 0 Part-time Passive Ownership: Allowed |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About RemedyTemp
NO LONGER FRANCHISING
The primary RemedyTemp office was opened by
Robert McDonough in Riverside, California in 1965. The organization
moved its central station to close-by Orange County seven years after
the fact and started a national development of its impermanent staffing
administration. Today the organization has areas across the nation
filling transitory, impermanent to-contract and low maintenance
positions. RemedyTemp is exchanged on the NASDAQ trade under the REMX
image.
About Talent Tree
TALENT TREE offers full-service staffing franchise opportunities with the placement of clerical, administrative, technical support and light industrial staff. Franchisees are offered intensive on-going training and hands-on support by industry experts. Our franchisees have the advantage of our proven system and innovative, proprietary programs.