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Updated RecentlyLloyd Personnel Systems vs Patrice & Associates Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Lloyd Personnel Systems vs Patrice & Associates 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 | $90,625 - $108,000 |
| Franchise Fee | $20,000 | $58,000 |
| Royalty Fee | 7-40% | 10% |
| Advertising Fee | - | 2% |
| Year Founded | 1971 | 1989 |
| Year Franchised | 1986 | 2010 |
| 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 | -/Yes |
| Start-up Costs | No/No | -/Yes |
| Equipment | No/No | -/Yes |
| Inventory | No/No | -/Yes |
| Receivables | No/No | -/Yes |
| Payroll | No/No | -/Yes |
Training & Support |
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| Training | Training sessions offered year-round, owners conference | On-The-Job Training: 40 hours Classroom Training: 40 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Franchisee Intranet Platform |
| Marketing | Ad slicks, Regional advertising | National Media Website development |
| 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) | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | Yes |
| 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 Patrice & Associates
A nationwide network of restaurant recruiters, an immense database of qualified restaurant and hospitality management candidates, and over 500 restaurant management jobs to fill at any one time: Patrice and Associates is the recruiting engine that fuels the hospitality industry. Restaurant jobs, hotels, casinos and every hospitality career in between - we make the connections that build rewarding careers and grow great brands.
Tired of the Operations Grind?
This Franchise is a Great Home-Based Business
A career helping people make their next career move can be highly rewarding, both personally and financially. As a Patrice & Associates franchise owner, you are a recruiting manager with your own defined territory. You work to connect our client companies (some of the nation's leading chain restaurant and hospitality groups) with qualified management candidates. You can use your expertise in the hospitality field to help others find new careers and enjoy the benefits of working from home with flexible hours.
For many, it's the best of both worlds. You have independence and control over your own business, but you are also backstopped by the experience, resources and relationships Patrice & Associates has built over 20 years as one of the nation's leading hospitality recruiting firms. This means you have built in clients, a nationwide database of candidates, access to all the major job boards and experienced colleagues training and supporting you at every step.
As a recruiter, you earn money every time you place a candidate. As a franchise owner, you are entitled to the highest possible commission rate for each placement, territory overrides, the ability to build your own team of recruiters and resume job board access.