Labor Finders vs Lloyd Personnel Systems Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Labor Finders vs Lloyd Personnel Systems including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$128,525 - $217,960 | $93,500 - $155,300 |
Franchise Fee |
$20,000 | $20,000 |
Royalty Fee |
3.5% | 7-40% |
Advertising Fee |
0% | - |
Year Founded |
1975 | 1971 |
Year Franchised |
1975 | 1986 |
Term Of Agreement |
10 years | 10 years |
Term Of Agreement |
10 years | 10 years |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
General business experience Marketing skills | Industry experience General business experience Marketing skills |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | No/No |
Start-up Costs |
No/Yes | No/No |
Equipment |
No/Yes | No/No |
Inventory |
No/Yes | No/No |
Receivables |
No/Yes | No/No |
Payroll |
No/Yes | No/No |
Training & Support |
Training |
On-The-Job Training: 28-36 hours
Classroom Training: 30-44 hours | Training sessions offered year-round, owners conference |
Support |
Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
Marketing |
Co-op advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing | Ad slicks, Regional advertising |
Operations |
95% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 3
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 |
US Expansion |
Yes | Yes |
Canada Expansion |
No | No |
International Expansion |
No | No |
Company Overviews
About Labor Finders
Founded in 1975 by Newton Burnett, Labor Finders provides temporary and temp-to-full-time employees, payroll, and outsourcing to construction, maintenance, industrial, hospitality, moving and trucking companies.
With almost 200 offices nationwide, we’ve been putting people back
to work for over 40 years. We’re a leader in the blue-collar
staffing industry.
#155 in Franchise 500 for 2020.
#347 in Franchise 500 for 2021.
About Lloyd Personnel Systems
Lloyd Staffing is actively seeking entrepreneurs to own and operate a
Lloyd Staffing franchise. The staffing industry is one of the fastest growing business sectors both nationally and internationally.
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.