PrideStaff vs NexGoal Franchise Comparison

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

Start-Up Costs and Fees

 
PrideStaff Franchise
NexGoal Franchise
Investment $143,000 - $233,500N/A
Franchise Fee $40,000$50,000
Royalty Fee Varies8%
Advertising Fee --
Year Founded 1978-
Year Franchised 1995-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $1000-


Business Experience Requirements

 
PrideStaff Franchise
NexGoal Franchise
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!

NexGoal's Franchisee Target Profile *Athletes seeking a career *Former NCAA or Pro Athletes *Athletes that are well networked with local businesses and other athletes *Athletes that don't want to work for someone else - want to own their own business! *Athletes that will work to become a success in the business world! *No industry experience needed; initial and ongoing training is provided *Can build a business as a sole proprietor, small practice, billing manager, Large office, or a non-billing manager Opportunity � Regional Developer Regional Developer can pay a fee to NexGoal ranging from $100,000 to $400,000 depending on market size and demographics


Financing Options

 
PrideStaff Franchise
NexGoal Franchise
  In-House/3rd PartyIn-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

 
PrideStaff Franchise
NexGoal Franchise
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

NexGoal Training Camp; *How to pick a niche business segment to recruit in *How to recruit *How to run a effective recruiting office - includes performance metrics *Full desk recruiting training *CRM training *Policy and procedure training *"Closing the sale" *How to network within sports! *Ongoing training for current and new hires *Ongoing monthly training on fresh topics

Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform

Field Support- let us help you close your first deal! *Access to shared CRM/ ATS and candidate database *Performance management *Access to all forms / documents online including various contracts needed *Operations manual *Marketing *Brand development *IT Support, web presence- we build you your own website *Job board access at reduced fees *Access to research help- name generation, resume harvesting, prescreening, full project research by NexGoal corporate Technology: *Turnkey � VOIP phone system ready to go *Secure email account with webmail *Intranet file usage *Technology support *Preloaded CRM / Database system *Internal / external job board access *Regional Meetings *Peer Group Support and coaching *Yearly Conferences

Marketing Ad Templates Social media SEO Website development Email marketing-
Operations Number of Employees Required to Run: 3-

Expansion Plans

 
PrideStaff Franchise
NexGoal Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion No-

Company Overviews

About PrideStaff

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.

Veteran Incentives  25% off franchise fee
#177 in Franchise 500 for 2020.
#378 in Franchise 500 for 2021.

About NexGoal

NexGoal is a specialized search and career development business focused on candidates who are former professional and/or collegiate athletes. These former athletes possess core traits (biographical data "biodata") which have proven over time to be an accurate predictor for future performance. Biodata is what a person has done in their past through today and has been extensively researched by psychologists and endorsed as one of the best predictors of future behavior. The biodata shared by most athletes brings an added value to employers who utilize this data to make more informed hiring decisions while also benefiting from these positive attributes once the athlete is on their corporate team. For decades businesses of all sizes have benefited from the core traits that athletes bring to a corporate team. In psychology, this is referred to as "bio data" which is proven to be one of the best predictors for future behavior. As a result, the athlete-candidate can give the hiring manager greater confidence in the hire over a candidate who does not have these defined traits in their background. Our management team is comprised of former collegiate and professional athletes who clearly understand the challenges which athletes face as they make their transition from sports. As experienced search consultants, we also understand the challenges businesses face in acquiring and retaining the best talent for their team. We are the "go to" resource for both athletes and businesses, acting as an effective bridge between these two groups. We serve as the conduit between former collegiate and professional athletes and corporations throughtout North America. Nexgoal's mission is to be the premiere most reputable, athlete focused placement career transition resource for former athletes. Our Franchise Concept: Business Model - NexGoal International, LLC. serves as a strategic talent acquisition partner for businesses who seek competitively driven talent and who benefit from the core traits that athletes bring to their corporate teams. NexGoal recruits the highest quality candidates whose "bio data" gives hiring managers a more predictive view of future performance. Our proprietary process of recruiting combined with an exclusive resource of candidates allows NexGoal to serve a niche market that other recruiting companies cannot penetrate. Franchising � Our affiliate, NexGoal LLC, has been in operation for the past 3 years and has placed candidates all over the country for corporations in a variety of industries. The NexGoal concept really resonates with former athletes. In fact, many former athletes have asked how they can get involved with what we are doing. Typically, after leaving the sport athletes retain a network of business owners and team mates that they stay in touch with. NexGoal plans to franchise similar offices throughout the U.S. and globally. Franchisees are able to invest as Regional Developer or franchises. Regional Developers are designed to develop a specific territory, or a regular Franchise that operates a NexGoal recruitment business. As a Regional Developer, the franchisee would have the opportunity to recruit and support Franchises to be located in its own, exclusive territory. Regional Developers would also operate one regular Franchise recruitment business. Regional Developers can then earn income by receiving a portion of the initial franchise fee and ongoing royalties paid by regular Franchises in their specific territory. NexGoal has partnered with one of the premier recruiting trainers in the industry (Doug Beabout) to help new franchisees learn the business. We have also sought out strategic franchising partners who have worked in the recruiting business and have successfully opened recruiting franchises throughout the U.S. We will establish a development schedule with all Regional Developers that defines the expected market penetration over the course of the agreement. Regional Developers will be motivated to keep finding qualified Franchise candidates to earn franchise fees and build a strong royalty base! Opportunity - Individual Franchise Will pay an initial franchise fee to NexGoal of $50,000 Will pay to NexGoal a monthly royalty fee of 8% of gross revenues No industry experience needed; initial and ongoing training is provided Can build a business as a sole proprietor, small practice, billing manager, Large office, or a non-billing manager Next Steps to your NexGoal Franchise: Receive a call from a NexGoal representative to discuss the opportunity in general Receive and complete the NEXGOAL Request for Consideration form Receive and review the Uniform Franchise Disclosure Document Schedule a Discovery Day to learn more about NexGoal Make a decision to join the NexGoal team Be accepted by NexGoal into the system Set closing date to sign documents, including the Franchise Agreement, and pay initial franchise fee Attend NexGoal Training Camp at our headquarters