|
Below is an in-depth analysis and side-by-side comparison of @Work Personnel Services vs MRI Worldwide including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $159,000 - $236,000 | $66,635 - $99,785 |
Franchise Fee | $40,000 | $40,000 |
Royalty Fee | 2.6%-6.5% | 9%-3% |
Advertising Fee | - | 0.5% |
Year Founded | 1988 | 1957 |
Year Franchised | 1992 | 1965 |
Term Of Agreement | 10 years | 10-20 years |
Term Of Agreement | 10 years | 10-20 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | * Engaging personality with a great sense of humor * Management or sales experience * Desires to help others or make a difference in their community | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/No |
Receivables | Yes/No | No/No |
Payroll | Yes/No | No/No |
Training & Support |
||
Training | On-The-Job Training: 32 hours Classroom Training: 32 hours Additional Training: Meetings | - |
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, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
Marketing | Ad Templates Regional Advertising Social media SEO Email marketing | Co-op advertising, Ad slicks, National media, Regional advertising |
Operations |
32% 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) |
International franchisees required to buy multiple units/master licenses; 2% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | No | Yes |
@WORK's Franchise Offering Includes All Four Programs for One Franchise Fee
@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
A subsidiary of CDI Corp., Management Recruiters International has offices in some 35 countries, and more than 5,000 search professionals. Completing thousands of placements annually through its specialized divisions'Management Recruiters, Sales Consultants, CompuSearch and OfficeMates5'Management Recruiters International franchisees may also offer services including flexible staffing, project outsourcing, videoconferencing, compatibility assessment and relocation services.
In 1999, the company acquired British staffing franchisor Humana International, giving it a large presence in Europe. To reflect this expanded reach, in 2000, Management Recruiters International changed its name to MRI Worldwide.