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Below is an in-depth analysis and side-by-side comparison of Fortune Personnel vs Select Appointments 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 | $24,750 |
Franchise Fee | $45,000 | N/A |
Royalty Fee | 8%-7% | - |
Advertising Fee | 1% | - |
Year Founded | 1959 | - |
Year Franchised | 1973 | - |
Term Of Agreement | - | 5 years +5 |
Term Of Agreement | - | 5 years +5 |
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 | We provide a detailed training calendar that covers modules from initial induction for new starters in your team, followed by a series of development workshops/modules throughout the year, through to REC certified qualifications. The costs that will be incurred are limited to; Travel and subsistence REC accreditation examinations (circa �80-�90 per delegate depending on the level of qualification) but these qualifications are optional Any specialist or bespoke Social Media training (Circa �80 per delegate)but these courses are optional |
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 | Finance: payroll services, invoicing, management reporting Access to corporately negotiated invoice discounting /factoring services with leading franchise bankers HR: on-going training and development support and employment relations advice Marketing & Communications: on-going sales promotion support including website, advertising, sales collateral and public relations advice Business Development: on-going support from central team to maximise business revenues and access to corporate business initiatives |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Loyalty program/app | Select will supplement our strong national marketing and branding effort with customised local marketing support to assist all of our Select partners to firstly launch their new business and then drive both job seeker and employer awareness in the local area. |
Operations | Number of Employees Required to Run: 1 | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | - | Yes |
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.
The initial acquisition fee for a Select Appointments Franchise is $24,750
For this outlay you receive;
*Exclusive rights to trade the nationally recognised ‘Select Appointments' brand across a substantial postcode region
*Access to large and sophisticated back and front office support systems and powerful national purchasing strength from within the Staffline Group
*Office launch marketing support, on-going central marketing initiatives and use of the Select website with a specific web page built for your territory