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Below is an in-depth analysis and side-by-side comparison of Fortune Personnel 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 | $86,300 - $130,100 | $22,280 - $37,140 |
Franchise Fee | $45,000 | $10,400 |
Royalty Fee | 8%-7% | - |
Advertising Fee | 1% | - |
Year Founded | 1959 | - |
Year Franchised | 1973 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | -/Yes | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | On-The-Job Training: 25 hours Classroom Training: 53 hours Additional Training: Ongoing | 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 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 |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | - | - |
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.
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.