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Below is an in-depth analysis and side-by-side comparison of Labor Finders vs NurseFinders 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 | $110,000 - $200,000 |
Franchise Fee | $20,000 | $19,600 |
Royalty Fee | 3.5% | 7% |
Advertising Fee | 0% | - |
Year Founded | 1975 | 1974 |
Year Franchised | 1975 | 1978 |
Term Of Agreement | 10 years | 10 years +5+5 |
Term Of Agreement | 10 years | 10 years +5+5 |
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 | 1. Arlington, TX 2 Weeks 2. Company Office 1 Week 3. On-Site 2 Weeks |
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 | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Franchisee Newsletter Regional or National Meetings: At Additional Cost 800 Telephone Hotline |
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 | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
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