|
Below is an in-depth analysis and side-by-side comparison of Lloyd Personnel Systems vs Remedy Intelligent Staffing including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $93,500 - $155,300 | $152,010 - $258,450 |
Franchise Fee | $20,000 | $39,950 |
Royalty Fee | 7-40% | varies |
Advertising Fee | - | - |
Year Founded | 1971 | 1965 |
Year Franchised | 1986 | 1987 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | Training sessions offered year-round, owners conference | On-The-Job Training: 40 hours Classroom Training: 80 hours Additional Training: Via webinar |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Ad slicks, Regional advertising | Ad Templates Social media SEO Website development Email marketing |
Operations |
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) | Number of Employees Required to Run: 3 - 4 |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
There's something very satisfying about helping good, qualified people find employment and helping businesses find the capable people they need. We've helped more than 100 entrepreneurs be selected as Remedy Intelligent Staffing franchisees. Our Remedy brand is part of The Select Family of Staffing Companies and serves clients and job candidates across the country. Open the door to an exciting opportunity as a Remedy Intelligent Staffing franchisee.