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Updated RecentlyPreferred HealthStaff vs Park Select Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Preferred HealthStaff vs Park Select including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $62,120 - $94,661 | $55,000 - And Up |
| Franchise Fee | $35,000 | $40,000 |
| Royalty Fee | 5% | 10% - 6% |
| Advertising Fee | 1% | 1% |
| Year Founded | 2009 | - |
| Year Franchised | 2014 | - |
| Term Of Agreement | 5 years +5 +5 +5 | 5 years |
| Term Of Agreement | 5 years +5 +5 +5 | 5 years |
| 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | 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. | Our comprehensive training program covers every aspect of owning and operating a Park Select franchise. You, any designated manager and up to two assistants will be supplied with the systems and tools that you will use to make your Park Select franchise a success. The step-by-step, in depth training will be administered by the very people that designed those systems and tools, our Park Select Training Team! Training at Park Select Franchising Opportunities headquarters in Wilmington, NC will last for one to two weeks, depending on the level of instruction needed in areas such as business organization or familiarity with the office software programs commonly used by Park Select. |
| Support | 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. | Our Park Select Training Team and our Park Select Office Support Team will be there every step of the way! After your initial training at corporate headquarters, the Park Select Training Team will come to your territory for on-site training. Your field training will include helping you to establish your new accounts� assisting you as you set up and operate your Park Select office, and, of course, preparing you for a successful grand opening! Every territory and every franchisee is different; therefore, there is no pre-determined length of time for on-site training, though you can expect this period to last at least one to two weeks. And once your on-site field training is complete, ongoing training and support is only a phone call away. As your Park Select business grows, our corporate team will be there to help. From offering training for new staff members and management team members to assistance and advice on daily operations, Park Select franchisees are in business for themselves, but NEVER by themselves! |
| Marketing | - | |
| 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 | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Preferred HealthStaff
- Veteran Incentives 20% off franchise fee
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About Park Select
Park Select was established over ten years ago with a simple philosophy in mind - Why should parking lot owners pay to protect their lots from parking violators? Park Select's customer-specific, parking lot solutions are proven to alleviate parking lot abuse - and at little or no cost to our client, the lot owner! Park Select's unique business model ensures that the parking violator bears the burden of that cost! Park Select 003 What can a Park Select franchise do for property owners in your area? Generate Revenue Improve Functionality Eliminate Unnecessary Cost Until Park Select, property and business owners were forced to spend hundreds, even thousands, keeping unwanted cars out of their lots - contracting expensive security companies, hiring their own attendants to stop parking violators or installing costly equipment . Park Select Franchising Opportunities is changing all that, by equipping a new generation of business men and women with Park Select's innovative and proven systems and tools! We are proud of Park Select's success story and excited for the future of Park Select and the future opportunities of our Park Select franchisees. Perhaps that's you.