Start-Up Costs and Fees |
||
| MRI Worldwide | PrideStaff | |
| Investment | 66635 - 99785 | 143000 - 233500 |
| Franchise Fee | ||
| Royalty Fee | 9%-3% | Varies |
| Advertising Fee | 0.50% | |
| Year Founded | 1957 | 1978 |
| Year Franchised | 1965 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| MRI Worldwide | PrideStaff | |
| Experience | Industry experience Sales/sales management background preferred | *Do I have a solid business background, with either management or sales experience? *Do I have the desire to make a difference in other's lives? *Is it important to me to be proud of what my business offers to my community, local businesses, and the people my business will put to work? *Can I see myself remaining passionate about my business and staying engaged, as it matures and grows, even though my specific role will evolve? *Am I open to building and running a sales driven business? *Do I have a high energy level? *Am I willing to train, develop, assist and supervise the 'junior' executives that work with me? *Am I comfortable around different levels of people and environments? *Do I find it fascinating to learn how things work, are made, function, etc.? When I was a child, did I like taking field trips to places like the bread factory or something similar? *Do I consider myself to have an engaging personality with a sense of humor, and a zest for life? If this is you, we might be the right fit! |
Financing Options |
||
| MRI Worldwide | PrideStaff | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | Yes |
| Payroll | No | Yes |
Training & Support |
||
| MRI Worldwide | PrideStaff | |
| Training | The staffing industry provides free training for millions of temporary and contract employees to help meet today's demand for skilled workers. 90% of staffing companies provide free training to their temporary and contract employees. 65% of staffing employees say they developed new or improved work skills through their assignments. 40% of staffing employees say they chose temporary or contract work as a way to obtain employment experience or job training. On-The-Job Training: 80 hours Classroom Training: 80 hours Additional Training: At certified training office | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad Templates Social media SEO Website development Email marketing |
| Operations | International franchisees required to buy multiple units/master licenses; 2% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Number of Employees Required to Run: 3 |
Expansion Plans |
||
| MRI Worldwide | PrideStaff | |
| 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 | |
| Canada Expansion | 0 | 0 |
| International Expansion | Asia, Australia,New Zealand, Eastern Europe, South America, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| MRI Worldwide | |
| PrideStaff | |
| Franchise Fee | |
| MRI Worldwide | |
| PrideStaff | |
| Royalty Fee | |
| MRI Worldwide | 9%-3% |
| PrideStaff | Varies |
| Advertising Fee | |
| MRI Worldwide | 0.50% |
| PrideStaff | |
| Year Founded | |
| MRI Worldwide | 1957 |
| PrideStaff | 1978 |
| Year Franchised | |
| MRI Worldwide | 1965 |
| PrideStaff | 1995 |
| Term Of Agreement | |
| MRI Worldwide | 10-20 years |
| PrideStaff | 10 years |
| Renewal Fee | |
| MRI Worldwide | |
| PrideStaff | $1,000 |
Business Experience Requirements |
|
| Experience | |
| MRI Worldwide | Industry experience Sales/sales management background preferred |
| PrideStaff | *Do I have a solid business background, with either management or sales experience? *Do I have the desire to make a difference in other's lives? *Is it important to me to be proud of what my business offers to my community, local businesses, and the people my business will put to work? *Can I see myself remaining passionate about my business and staying engaged, as it matures and grows, even though my specific role will evolve? *Am I open to building and running a sales driven business? *Do I have a high energy level? *Am I willing to train, develop, assist and supervise the 'junior' executives that work with me? *Am I comfortable around different levels of people and environments? *Do I find it fascinating to learn how things work, are made, function, etc.? When I was a child, did I like taking field trips to places like the bread factory or something similar? *Do I consider myself to have an engaging personality with a sense of humor, and a zest for life? If this is you, we might be the right fit! |
Financing Options |
|
| Franchise Fees | |
| MRI Worldwide | No |
| PrideStaff | No |
| Start-up Costs | |
| MRI Worldwide | |
| PrideStaff | |
| Equipment | |
| MRI Worldwide} | |
| PrideStaff | |
| Inventory | |
| MRI Worldwide | |
| PrideStaff | |
| Receivables | |
| MRI Worldwide | |
| PrideStaff | |
| Payroll | |
| MRI Worldwide | |
| PrideStaff | |
Training & Support |
|
| Training | |
| MRI Worldwide | |
| PrideStaff | The staffing industry provides free training for millions of temporary and contract employees to help meet today's demand for skilled workers. 90% of staffing companies provide free training to their temporary and contract employees. 65% of staffing employees say they developed new or improved work skills through their assignments. 40% of staffing employees say they chose temporary or contract work as a way to obtain employment experience or job training. On-The-Job Training: 80 hours Classroom Training: 80 hours Additional Training: At certified training office |
| Support | |
| MRI Worldwide | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| PrideStaff | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | |
| MRI Worldwide | Co-op advertising, Ad slicks, National media, Regional advertising |
| PrideStaff | Ad Templates Social media SEO Website development Email marketing |
| Operations | |
| MRI Worldwide | International franchisees required to buy multiple units/master licenses; 2% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| PrideStaff | Number of Employees Required to Run: 3 |
Expansion Plans |
|
| US Expansion | |
| MRI Worldwide | |
| PrideStaff | 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 | |
| MRI Worldwide | 0 |
| PrideStaff | 0 |
| International Expansion | |
| MRI Worldwide | Asia, Australia,New Zealand, Eastern Europe, South America, Western Europe, |
| PrideStaff | |