MRI Worldwide vs Select Appointments Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of MRI Worldwide vs Select Appointments including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  MRI Worldwide Select Appointments
Investment 66635 - 99785 24750 - 24750
Franchise Fee
Royalty Fee 9%-3%
Advertising Fee 0.50%
Year Founded 1957 0
Year Franchised 1965 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  MRI Worldwide Select Appointments
Experience Industry experience Sales/sales management background preferred

Financing Options
  MRI Worldwide Select Appointments
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  MRI Worldwide Select Appointments
Training We provide a detailed training calendar that covers modules from initial induction for new starters in your team, followed by a series of development workshops/modules throughout the year, through to REC certified qualifications. The costs that will be incurred are limited to; Travel and subsistence REC accreditation examinations (circa 80- 90 per delegate depending on the level of qualification) but these qualifications are optional Any specialist or bespoke Social Media training (Circa 80 per delegate)but these courses are optional
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives Finance: payroll services, invoicing, management reporting Access to corporately negotiated invoice discounting /factoring services with leading franchise bankers HR: on-going training and development support and employment relations advice Marketing & Communications: on-going sales promotion support including website, advertising, sales collateral and public relations advice Business Development: on-going support from central team to maximise business revenues and access to corporate business initiatives
Marketing Co-op advertising, Ad slicks, National media, Regional advertising Select will supplement our strong national marketing and branding effort with customised local marketing support to assist all of our Select partners to firstly launch their new business and then drive both job seeker and employer awareness in the local area.
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)

Expansion Plans
  MRI Worldwide Select Appointments
US Expansion
Canada Expansion 0
International Expansion Asia, Australia,New Zealand, Eastern Europe, South America, Western Europe, United Kingdom

Start-Up Costs and Fees Mobile
Investment
MRI Worldwide
Select Appointments
Franchise Fee
MRI Worldwide
Select Appointments
Royalty Fee
MRI Worldwide 9%-3%
Select Appointments
Advertising Fee
MRI Worldwide 0.50%
Select Appointments
Year Founded
MRI Worldwide 1957
Select Appointments 0
Year Franchised
MRI Worldwide 1965
Select Appointments 0
Term Of Agreement
MRI Worldwide 10-20 years
Select Appointments 5 years +5
Renewal Fee
MRI Worldwide
Select Appointments


Business Experience Requirements
Experience
MRI Worldwide Industry experience Sales/sales management background preferred
Select Appointments

Financing Options
 
Franchise Fees
MRI Worldwide No
Select Appointments No
Start-up Costs
MRI Worldwide
Select Appointments
Equipment
MRI Worldwide}
Select Appointments
Inventory
MRI Worldwide
Select Appointments
Receivables
MRI Worldwide
Select Appointments
Payroll
MRI Worldwide
Select Appointments

Training & Support
Training
MRI Worldwide
Select Appointments We provide a detailed training calendar that covers modules from initial induction for new starters in your team, followed by a series of development workshops/modules throughout the year, through to REC certified qualifications. The costs that will be incurred are limited to; Travel and subsistence REC accreditation examinations (circa 80- 90 per delegate depending on the level of qualification) but these qualifications are optional Any specialist or bespoke Social Media training (Circa 80 per delegate)but these courses are optional
Support
MRI Worldwide Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
Select Appointments Finance: payroll services, invoicing, management reporting Access to corporately negotiated invoice discounting /factoring services with leading franchise bankers HR: on-going training and development support and employment relations advice Marketing & Communications: on-going sales promotion support including website, advertising, sales collateral and public relations advice Business Development: on-going support from central team to maximise business revenues and access to corporate business initiatives
Marketing
MRI Worldwide Co-op advertising, Ad slicks, National media, Regional advertising
Select Appointments Select will supplement our strong national marketing and branding effort with customised local marketing support to assist all of our Select partners to firstly launch their new business and then drive both job seeker and employer awareness in the local area.
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)
Select Appointments

Expansion Plans
US Expansion
MRI Worldwide
Select Appointments
Canada Expansion
MRI Worldwide 0
Select Appointments
International Expansion
MRI Worldwide Asia, Australia,New Zealand, Eastern Europe, South America, Western Europe,
Select Appointments United Kingdom