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Below is an in-depth analysis and side-by-side comparison of Entrepreneur's Source vs Medical Staffing Consultants including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $92,450 - $100,750 | $20,000 - $60,000 |
Franchise Fee | $55,000 | N/A |
Royalty Fee | 25% | - |
Advertising Fee | $750/mo. | - |
Year Founded | 1984 | 2005 |
Year Franchised | 1997 | 0 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $5K | - |
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/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | On-The-Job Training: 252 hours Classroom Training: 77 hours Additional Training: Ongoing virtual training, mentor | - |
Support | Newsletter Meetings/Conventions Online Support Field Operations Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
Operations |
Franchise can be run from home.
Absentee ownership allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | Yes | - |
International Expansion | Yes | - |
The Entrepreneur's Source, a franchise-consulting firm, was founded by Terry Powell in 1984. The company matches clients to franchise opportunities by conducting interviews, filling out profiles and assessing a client's goals, needs and expectations. The Entrepreneur's Source also educates clients on the basics of franchising and other business options. Clients pay nothing for their consultation; instead, The Entrepreneur's Source earns its income from the franchisors it recommends.
Medical Staffing Consultants, Inc. (MSC) specializes in helping individuals and companies start up medical staffing businesses. MSC provides on-site turn-key training programs and support services designed to help clients launch and build a successful medical staffing company. MSC provides assistance with insurance, licensure/registration as well as financing. Our clients operate under their own business name and there are no franchise fees, territory restrictions or royalties because we are not a franchiser! And, you don't have to pay $50,000 to get started in the medical recruiting/staffing business! We offer a wide range of services including: * Comprehensive start up programs for companies and individuals entering the market with no experience. MSC provides training in every aspect of the business, including marketing, recruitment of healthcare professionals, daily operations and personnel compliance. * Forms, systems, training manuals, brochures, proprietary databases, everything you need to operate the business. * We train you and launch your business in your marketplace. * Unlimited support services. MSC is associated with all known professional organizations in the personnel industry, i.e. American Staffing Association, National Association of Personnel Services, National Association of Computer Businesses, etc. It takes more to learn this business properly than 2 to 3 days of classroom training or reading a training manual. Contact us to learn more about our unique methods for getting you started in this lucrative business.