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Updated RecentlyLink Staffing Services vs Lloyd Personnel Systems Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Link Staffing Services vs Lloyd Personnel Systems including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $112,500 - $199,000 | $93,500 - $155,300 |
| Franchise Fee | $35,000 | $20,000 |
| Royalty Fee | Varies | 7-40% |
| Advertising Fee | - | - |
| Year Founded | 1980 | 1971 |
| Year Franchised | 1994 | 1986 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | Sales skills, management, B2B understanding, marketing and business operations experience | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | Yes/No | No/No |
| Payroll | Yes/No | No/No |
Training & Support |
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| Training | 10 week initial on-board training | Training sessions offered year-round, owners conference |
| Support | We have Franchise Field Managers that will be assigned to new franchisees as they come on board | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad slicks, Regional advertising |
| Operations |
27% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (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 |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | No |
| International Expansion | No | No |
Company Overviews
About Link Staffing Services
Link Staffing was formed in 1980 as an industrial only staffing agency. Since then we have expanded our business to serve retail, administrative, call center, hospitality and professional services. We pride ourselves in having a rich history of client satisfaction, loyalty, and franchising success. The first LINK franchise opened in 1994 and Link Staffing now boasts 44 locations nationwide. Our record of quality and growth can best be chronicled by the decisions we've made to:
* Establish a set of core values that guide our actions as a company
* Design and implement a strong Risk Management and Safety program.
* Creating a "LINK family" culture that binds the support center staff with our franchisees.
* Develop an industry leading proprietary software system that provides our franchisees with the most thorough screening tools needed to get the job done right!
At Link Staffing Our Franchisees Matter
From the start LINK is there to help you start achieving success. LINK supports our franchisees by:
* Assistance in Selecting the Best Location
- Utilizing LINK's proven site location criteria's, we can guide you in locating the best site your new business will need to service your clients efficiently.
*Training - The goal of LINK's franchise training is to help you grow your business: to help you build relationships, recruit effectively, sell powerfully and manage your office efficiently. LINK's training is not a one-size-fits-all program. Each franchisee is assigned a dedicated Franchise Support Manager to help put your sales, recruiting and professional development training into practical application. The level and type of franchise training you receive will depend on your particular skills and capabilities. Whatever your strengths or weaknesses are, your Franchise Support Manager will make sure you have the right tools and the additional training you'll need to be SUCCESSFUL!
* Recruiting - Effective recruiting is a crucial component to our success. The marketing team provides valuable assistance for new franchise owners and existing franchisees that need guidance in developing recruiting materials and finding the best messaging channels.
* Helping franchisees with their local marketing efforts
- Our marketing team can support our franchisees with creating email templates, flyer design help or help you create a custom campaign; whatever the need, our experienced franchise marketing support team is there to help.
Be The "I" In LINK
We're looking for talented new franchise owners who can work within a franchise model, who are skilled problem solvers, resourceful, outgoing and have sales, marketing, and/or management experience, and who are results oriented. A person who can build relationships, lead a team, and who has the integrity and motivation to excel!
Link Staffing Services is a strong, proven franchising concept. From our culture to our operations, Link provides our franchisees with the foundation to run their business successfully!
* Link Staffing Services provides 100% funding of the payroll to our franchisees
* Accounting, Credit & Collections, Marketing, IT, and Systems Support
* Full Learning Center for Training that includes up to five weeks of operations and sales training at headquarters and in the field
* Industry Leading Proprietary Software system and tools for screening and operations management
* 30+ years of staffing experience and best practices
Financial Requirements:
- $25,000 franchise fee
- $10,000 training deposit
- $80,000 recommended liquid availability
VETERANS will receive a $10,000.00 discount off the Franchise Fees
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About Lloyd Personnel Systems
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.