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Below is an in-depth analysis and side-by-side comparison of PrideStaff vs 247staff including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $143,000 - $233,500 | $22,280 - $37,140 |
Franchise Fee | $40,000 | $10,400 |
Royalty Fee | Varies | - |
Advertising Fee | - | - |
Year Founded | 1978 | - |
Year Franchised | 1995 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $1000 | - |
Business Experience Requirements |
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Experience | *Do I have a solid business background, with either management or sales experience? *Do I have the desire to make a difference in other's lives? *Is it important to me to be proud of what my business offers to my community, local businesses, and the people my business will put to work? *Can I see myself remaining passionate about my business and staying engaged, as it matures and grows, even though my specific role will evolve? *Am I open to building and running a sales driven business? *Do I have a high energy level? *Am I willing to train, develop, assist and supervise the 'junior' executives that work with me? *Am I comfortable around different levels of people and environments? *Do I find it fascinating to learn how things work, are made, function, etc.? When I was a child, did I like taking field trips to places like the bread factory or something similar? *Do I consider myself to have an engaging personality with a sense of humor, and a zest for life? If this is you, we might be the right fit! | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | Yes/No | -/- |
Payroll | Yes/No | -/- |
Training & Support |
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Training | The staffing industry provides free training for millions of temporary and contract employees to help meet today's demand for skilled workers. 90% of staffing companies provide free training to their temporary and contract employees. 65% of staffing employees say they developed new or improved work skills through their assignments. 40% of staffing employees say they chose temporary or contract work as a way to obtain employment experience or job training. On-The-Job Training: 80 hours Classroom Training: 80 hours Additional Training: At certified training office | Five days training at our residential training centre. Fifteen days on-site training. |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | - |
Marketing | Ad Templates Social media SEO Website development Email marketing | - |
Operations | Number of Employees Required to Run: 3 | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Why Choose PrideStaff?
It is not by accident that we have the word "pride" in our name... at PrideStaff, our franchisees are proud to be in a business that puts people to work, helps companies to grow and prosper, and to build a business that is respected in their community. We have a culture that is truly unique in that whether you are looking at our Mission Statement or Core Values, they are so much more to us than slogans on a website. We have them, not because we feel like we have to, but rather they serve as a guide for the decisions we make and direction we follow. The focus is 100% on the client experience we provide on a day to day basis. What that has led to, is consistently being recognized in the top 1% of the staffing industry in Client Loyalty and Talent (Candidate) Loyalty, which of course translates into repeat and referral business. We are a company with a fantastic culture and drive to meet and exceed our clients needs.
PrideStaff has also been ranked in Forbes Magazine, for the third straight year, as one of the top five "National Leading Providers" in the Staffing Industry out of a field of more than 7,500 staffing agencies nationwide. FranNet honored PrideStaff with the coveted "Commitment to Excellence" award.
Most recently, PrideStaff was awarded the top marketing award by the American Staffing Association for the "High Cost of Mediocrity" marketing program.
247staff Professional Recruitment can offer you a Franchise in the $25billion a year recruitment industry: with clients; with candidates and with training. In order to start your own recruitment agency, you will be required to provide some investment capital for training, set-up costs and cash flow. We in turn provide you with a list of immediate jobs to fill plus access to a database of 3 million candidates together with all the knowledge and skills you will need in order to set up and run a successful recruitment business. * We believe that we are the fastest growing Franchise in the UK * We also believe that we are the fastest growing Recruitment Agency in the UK * We offer franchises within the Recruitment Industry, dealing in Permanent Placements* of Individuals and Temporary Staff Contracts**. * We have over 50 branches throughout the UK. * We train each Franchisee in all aspects of the recruitment industry. * We assist our Franchisees to find suitable offices in their selected location * We help our Franchisees to get their business set up and continue to work with them developing and establishing their business. * Each new Franchise can be funded either; personally; or through lending institutions or; a combination of both.