| ||||
Updated RecentlyFortune Personnel vs Patrice & Associates Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fortune Personnel vs Patrice & Associates including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $86,300 - $130,100 | $90,625 - $108,000 |
| Franchise Fee | $45,000 | $58,000 |
| Royalty Fee | 8%-7% | 10% |
| Advertising Fee | 1% | 2% |
| Year Founded | 1959 | 1989 |
| Year Franchised | 1973 | 2010 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/Yes | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
||
| Training | On-The-Job Training: 25 hours Classroom Training: 53 hours Additional Training: Ongoing | On-The-Job Training: 40 hours Classroom Training: 40 hours |
| 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 | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Loyalty program/app | National Media Website development |
| Operations | Number of Employees Required to Run: 1 | - |
Expansion Plans |
||
| US Expansion | Yes | Yes |
| Canada Expansion | - | Yes |
| International Expansion | - | - |
Company Overviews
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
About Patrice & Associates
A nationwide network of restaurant recruiters, an immense database of qualified restaurant and hospitality management candidates, and over 500 restaurant management jobs to fill at any one time: Patrice and Associates is the recruiting engine that fuels the hospitality industry. Restaurant jobs, hotels, casinos and every hospitality career in between - we make the connections that build rewarding careers and grow great brands.
Tired of the Operations Grind?
This Franchise is a Great Home-Based Business
A career helping people make their next career move can be highly rewarding, both personally and financially. As a Patrice & Associates franchise owner, you are a recruiting manager with your own defined territory. You work to connect our client companies (some of the nation's leading chain restaurant and hospitality groups) with qualified management candidates. You can use your expertise in the hospitality field to help others find new careers and enjoy the benefits of working from home with flexible hours.
For many, it's the best of both worlds. You have independence and control over your own business, but you are also backstopped by the experience, resources and relationships Patrice & Associates has built over 20 years as one of the nation's leading hospitality recruiting firms. This means you have built in clients, a nationwide database of candidates, access to all the major job boards and experienced colleagues training and supporting you at every step.
As a recruiter, you earn money every time you place a candidate. As a franchise owner, you are entitled to the highest possible commission rate for each placement, territory overrides, the ability to build your own team of recruiters and resume job board access.