MRI Worldwide vs Redwood Healthcare Staffing Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of MRI Worldwide vs Redwood Healthcare Staffing including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
MRI Worldwide Franchise
Redwood Healthcare Staffing Franchise
Investment $66,635 - $99,785$136,700 - $179,450
Franchise Fee $40,000$40,000
Royalty Fee 9%-3%5%
Advertising Fee 0.5%1%
Year Founded 19572010
Year Franchised 19652010
Term Of Agreement 10-20 years10 years
Term Of Agreement 10-20 years10 years
Renewal Fee --


Business Experience Requirements

 
MRI Worldwide Franchise
Redwood Healthcare Staffing Franchise
Experience
  • Industry experience
  • Sales/sales management background preferred
  • � a strong desire to succeed - "a belief in yourself" � strong interpersonal skills - "a people person" � can manage and inspire people � a good attitude � the ability to be coached � business acumen


    Financing Options

     
    MRI Worldwide Franchise
    Redwood Healthcare Staffing Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    MRI Worldwide Franchise
    Redwood Healthcare Staffing Franchise
    Training -

    Initial Corporate Office Training, On Site training, On Site visits

    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives

    Newsletter, Webinars, Toll Free number, Operations Manual, Site Selection Approval

    Marketing Co-op advertising, Ad slicks, National media, Regional advertising

    National Media, Co-op advertising, branded materials

    Operations 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)

    Number of employees needed to run business � 3 Absentee Ownership is NOT allowed


    Expansion Plans

     
    MRI Worldwide Franchise
    Redwood Healthcare Staffing Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About MRI Worldwide

    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.

    About Redwood Healthcare Staffing

    Redwood Healthcare Staffing is a full service medical staffing company for nurses and other healthcare professionals. We offer Per Diem, contract and travel placement services for healthcare facilities and homecare clients. Franchisees benefit from excellent training, marketing support, choice in territories, and access to our proven business methods which have been crafted and used in the medical staffing industry since 2010.