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Updated RecentlyRedwood Healthcare Staffing vs Preferred HealthStaff Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Redwood Healthcare Staffing 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 | $136,700 - $179,450 | $62,120 - $94,661 |
| Franchise Fee | $40,000 | $35,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 1% | 1% |
| Year Founded | 2010 | 2009 |
| Year Franchised | 2010 | 2014 |
| Term Of Agreement | 10 years | 5 years +5 +5 +5 |
| Term Of Agreement | 10 years | 5 years +5 +5 +5 |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | � a strong desire to succeed - "a belief in yourself" � strong interpersonal skills - "a people person" � can manage and inspire people � a good attitude � the ability to be coached � business acumen | 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | Initial Corporate Office Training, On Site training, On Site visits | 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, Webinars, Toll Free number, Operations Manual, Site Selection Approval | 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, Co-op advertising, branded materials | |
| Operations | Number of employees needed to run business � 3 Absentee Ownership is NOT allowed | 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 |
| Canada Expansion | - | No |
| International Expansion | - | No |
Company Overviews
About Redwood Healthcare Staffing
Redwood Healthcare Staffing is a full service medical staffing company for nurses
and other healthcare professionals. We offer Per Diem, contract and travel placement
services for healthcare facilities and homecare clients. Franchisees benefit from
excellent training, marketing support, choice in territories, and access to our proven
business methods which have been crafted and used in the medical staffing industry since 2010.
About Preferred HealthStaff
- Veteran Incentives 20% off franchise fee
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