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Updated RecentlyLloyd Personnel Systems vs Talent Tree Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Lloyd Personnel Systems vs Talent Tree including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $93,500 - $155,300 | $120,000 - $170,000 |
| Franchise Fee | $20,000 | $20,000 |
| Royalty Fee | 7-40% | - |
| Advertising Fee | - | - |
| Year Founded | 1971 | 1976 |
| Year Franchised | 1986 | 1990 |
| 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/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | Training sessions offered year-round, owners conference | 1. Corporate Office 3-4 Weeks 2. Franchise 1st 120 Days |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Regional or National Meetings 800 Telephone Hotline |
| Marketing | Ad slicks, Regional advertising | - |
| 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) | Average Number of Employees: 2 Full-time, 0 Part-time Passive Ownership: Allowed |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Lloyd Personnel Systems
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.
About Talent Tree
TALENT TREE offers full-service staffing franchise opportunities with the placement of clerical, administrative, technical support and light industrial staff. Franchisees are offered intensive on-going training and hands-on support by industry experts. Our franchisees have the advantage of our proven system and innovative, proprietary programs.