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Below is an in-depth analysis and side-by-side comparison of Labor Finders vs TRC Staffing Services including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $128,525 - $217,960 | $79,500 - $149,500 |
Franchise Fee | $20,000 | N/A |
Royalty Fee | 3.5% | - |
Advertising Fee | 0% | - |
Year Founded | 1975 | 1980 |
Year Franchised | 1975 | 1984 |
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 | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | On-The-Job Training: 28-36 hours Classroom Training: 30-44 hours | - |
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 | - |
Marketing | Co-op advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
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) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
TRC has been providing guaranteed staffing solutions and employment services since 1980. We are dedicated to developing solutions and forming strong partnerships based on trust, mutual respect and sound business practices.