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Below is an in-depth analysis and side-by-side comparison of @Work Medical Services vs Redwood Healthcare Staffing including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $159,000 - $236,000 | $136,700 - $179,450 |
Franchise Fee | $40,000 | $40,000 |
Royalty Fee | 2.6%-6.5% | 5% |
Advertising Fee | - | 1% |
Year Founded | 1990 | 2010 |
Year Franchised | 2003 | 2010 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | � a strong desire to succeed - "a belief in yourself" � strong interpersonal skills - "a people person" � can manage and inspire people � a good attitude � the ability to be coached � business acumen |
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Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | Yes/No | -/- |
Payroll | Yes/No | -/- |
Training & Support |
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Training | On-The-Job Training: 32 hours Classroom Training: 32 hours Additional Training: Meetings | Initial Corporate Office Training, On Site training, On Site visits |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | Newsletter, Webinars, Toll Free number, Operations Manual, Site Selection Approval |
Marketing | Ad Templates Regional Advertising Social media SEO Email marketing | National Media, Co-op advertising, branded materials |
Operations |
30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2-4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Number of employees needed to run business � 3 Absentee Ownership is NOT allowed |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
@WORK Personnel
* 98% of companies use some form of personnel staffing * Predominately staffs employees in administrative and industrial fields * 3 million people per day are employed by staffing companies * 79% of staffing employees work full time, virtually the same as the rest of the work force
@WORK Medical
* Mostly staffs employees in the health care field such as nurses and allied healthcare workers * With a shortage of nurses and the new healthcare reform this program is in high demand * Recession resistant
@WORK HelpingHands
* Provides non-medical home care and service assistants to individuals who desire help doing daily tasks * Offers four services: Daily Living Assistance & Senior Services; Personal Concierge; Homemaker's Services; and Parent's Helper * 9 out of 10 seniors prefer to grow old in their home
@WORK Search
* Provides a full-service, direct-hire recruiting franchise opportunity * Recruits highly sought accounting, engineering, information systems, human resource, and sales professionals
Veterans Discount: 20% off Franchise Fee
Redwood Healthcare Staffing is a full service medical staffing company for nurses
and other healthcare professionals. We offer Per Diem, contract and travel placement
services for healthcare facilities and homecare clients. Franchisees benefit from
excellent training, marketing support, choice in territories, and access to our proven
business methods which have been crafted and used in the medical staffing industry since 2010.