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Updated RecentlyMRI Worldwide vs Select Appointments Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of MRI Worldwide vs Select Appointments including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $66,635 - $99,785 | $24,750 |
| Franchise Fee | $40,000 | N/A |
| Royalty Fee | 9%-3% | - |
| Advertising Fee | 0.5% | - |
| Year Founded | 1957 | - |
| Year Franchised | 1965 | - |
| Term Of Agreement | 10-20 years | 5 years +5 |
| Term Of Agreement | 10-20 years | 5 years +5 |
| 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/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | We provide a detailed training calendar that covers modules from initial induction for new starters in your team, followed by a series of development workshops/modules throughout the year, through to REC certified qualifications. The costs that will be incurred are limited to; Travel and subsistence REC accreditation examinations (circa �80-�90 per delegate depending on the level of qualification) but these qualifications are optional Any specialist or bespoke Social Media training (Circa �80 per delegate)but these courses are optional |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Finance: payroll services, invoicing, management reporting Access to corporately negotiated invoice discounting /factoring services with leading franchise bankers HR: on-going training and development support and employment relations advice Marketing & Communications: on-going sales promotion support including website, advertising, sales collateral and public relations advice Business Development: on-going support from central team to maximise business revenues and access to corporate business initiatives |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Select will supplement our strong national marketing and branding effort with customised local marketing support to assist all of our Select partners to firstly launch their new business and then drive both job seeker and employer awareness in the local area. |
| 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) | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | 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 Select Appointments
The initial acquisition fee for a Select Appointments Franchise is $24,750
For this outlay you receive;
*Exclusive rights to trade the nationally recognised ‘Select Appointments' brand across a substantial postcode region
*Access to large and sophisticated back and front office support systems and powerful national purchasing strength from within the Staffline Group
*Office launch marketing support, on-going central marketing initiatives and use of the Select website with a specific web page built for your territory
*Access to corporately negotiated rates with suppliers and contractors
*HR: on-going training and development support and employment relations advice
*Marketing & Communications: on-going sales promotion support including website, advertising, sales collateral and public relations advice
*Business Development: on-going support from central team to maximise business revenues and access to corporate business initiatives