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Updated RecentlyPatrice & Associates vs Preferred HealthStaff Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Patrice & Associates vs Preferred HealthStaff including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $90,625 - $108,000 | $62,120 - $94,661 |
| Franchise Fee | $58,000 | $35,000 |
| Royalty Fee | 10% | 5% |
| Advertising Fee | 2% | 1% |
| Year Founded | 1989 | 2009 |
| Year Franchised | 2010 | 2014 |
| Term Of Agreement | - | 5 years +5 +5 +5 |
| Term Of Agreement | - | 5 years +5 +5 +5 |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | You are not required to have a background in the healthcare field. We look for you having: A positive attitude and resourcefulness Natural sales abilities and the willingness to go “above and beyond” on behalf of clients We prefer franchise owners who will be directly involved in the operations and growth of their Preferred HealthStaff franchises You may have a spouse, a business partner, or administrative staff assist you with running the business. We expect that franchisees have the right amount of capital to invest in the business. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/Yes | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/Yes | -/- |
| Payroll | -/Yes | -/- |
Training & Support |
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| Training | On-The-Job Training: 40 hours Classroom Training: 40 hours | You and two key staff members will receive initial at-home training for up to two weeks in total, covering caregiver training, software training, and more. This will be followed by up to five days of training at our corporate support center, covering additional caregiver and software training, as well as marketing, business management, and other important issues. |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Franchisee Intranet Platform | A representative of Preferred HealthStaff will spend up to five days with you during your initial months of operation, assisting you and your staff on-site at your local office. Access to all Preferred HealthStaff's trademarks, and our established business model and procedures. A copy of our confidential operations manual to help you run your franchise business properly on a day-to-day basis. |
| Marketing | National Media Website development | |
| Operations | - | We prefer franchise owners who will be directly involved in the operations and growth of their Preferred HealthStaff franchises You may have a spouse, a business partner, or administrative staff assist you with running the business. |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | No |
| International Expansion | - | No |
Company Overviews
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.
Veteran Incentives 10% off franchise fee
#135 in Franchise 500 for 2020.About Preferred HealthStaff
- Veteran Incentives 20% off franchise fee
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