Start-Up Costs and Fees |
||
| Fortune Personnel | Spherion | |
| Investment | 86300 - 130100 | 148025 - 347475 |
| Franchise Fee | 0 | |
| Royalty Fee | 8%-7% | 0.25% - 0.75% |
| Advertising Fee | 1% | |
| Year Founded | 1959 | 1946 |
| Year Franchised | 1973 | 1956 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Fortune Personnel | Spherion | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Fortune Personnel | Spherion | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Fortune Personnel | Spherion | |
| Training | On-The-Job Training: 25 hours Classroom Training: 53 hours Additional Training: Ongoing | On-The-Job Training: 120 hours Classroom Training: 40 hours Additional Training: At existing location |
| 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 Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Loyalty program/app | Ad Templates National Media Regional Advertising Social media SEO Email marketing |
| Operations | Number of Employees Required to Run: 1 | 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 100% of current franchisees are owner/operators |
Expansion Plans |
||
| Fortune Personnel | Spherion | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Fortune Personnel | |
| Spherion | |
| Franchise Fee | |
| Fortune Personnel | |
| Spherion | |
| Royalty Fee | |
| Fortune Personnel | 8%-7% |
| Spherion | 0.25% - 0.75% |
| Advertising Fee | |
| Fortune Personnel | 1% |
| Spherion | |
| Year Founded | |
| Fortune Personnel | 1959 |
| Spherion | 1946 |
| Year Franchised | |
| Fortune Personnel | 1973 |
| Spherion | 1956 |
| Term Of Agreement | |
| Fortune Personnel | |
| Spherion | 10 years |
| Renewal Fee | |
| Fortune Personnel | |
| Spherion | Current initial license fee |
Business Experience Requirements |
|
| Experience | |
| Fortune Personnel | |
| Spherion | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Fortune Personnel | |
| Spherion | |
| Start-up Costs | |
| Fortune Personnel | |
| Spherion | |
| Equipment | |
| Fortune Personnel} | |
| Spherion | |
| Inventory | |
| Fortune Personnel | |
| Spherion | |
| Receivables | |
| Fortune Personnel | |
| Spherion | |
| Payroll | |
| Fortune Personnel | |
| Spherion | |
Training & Support |
|
| Training | |
| Fortune Personnel | On-The-Job Training: 25 hours Classroom Training: 53 hours Additional Training: Ongoing |
| Spherion | On-The-Job Training: 120 hours Classroom Training: 40 hours Additional Training: At existing location |
| Support | |
| Fortune Personnel | 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 |
| Spherion | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Fortune Personnel | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Loyalty program/app |
| Spherion | Ad Templates National Media Regional Advertising Social media SEO Email marketing |
| Operations | |
| Fortune Personnel | Number of Employees Required to Run: 1 |
| Spherion | 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 100% of current franchisees are owner/operators |
Expansion Plans |
|
| US Expansion | |
| Fortune Personnel | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Spherion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Fortune Personnel | |
| Spherion | |
| International Expansion | |
| Fortune Personnel | |
| Spherion | |