PersoNet vs Fortune Personnel Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of PersoNet vs Fortune Personnel including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
PersoNet Franchise
Fortune Personnel Franchise
Investment $35,200 - $100,000$86,300 - $130,100
Franchise Fee $15,000 - $60,000$45,000
Royalty Fee Varies8%-7%
Advertising Fee -1%
Year Founded 19941959
Year Franchised 19941973
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
PersoNet Franchise
Fortune Personnel Franchise
Experience --

Financing Options

 
PersoNet Franchise
Fortune Personnel Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/Yes
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables Yes/No-/-
Payroll Yes/No-/-

Training & Support

 
PersoNet Franchise
Fortune Personnel Franchise
Training - On-The-Job Training: 25 hours Classroom Training: 53 hours Additional Training: Ongoing
Support -Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing -Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Loyalty program/app
Operations -Number of Employees Required to Run: 1

Expansion Plans

 
PersoNet Franchise
Fortune Personnel Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion No-

Company Overviews

About PersoNet

NO LONGER FRANCHISING

About Fortune Personnel

New York City in 1959.  Fortune Personnel recruits executives in 40 industries and 50 disciplines. Since the company began franchising in 1973,  Fortune Personnel has provided a network of recruiters, giving client companies access to nationwide talent and offering candidates career opportunities from across the country. Franchise owners select the industries and disciplines in which they wish to focus, and industry specialists operate the offices. Recruiters research each client company’s products, services and philosophies; analyze available positions; perform candidate searches and screening; present candidates; coordinate interviews; counsel on hiring and assist in negotiations.

Veteran Incentives  10% off franchise fee