Start-Up Costs and Fees |
||
| MRI Worldwide | Spherion | |
| Investment | 66635 - 99785 | 148025 - 347475 |
| Franchise Fee | 0 | |
| Royalty Fee | 9%-3% | 0.25% - 0.75% |
| Advertising Fee | 0.50% | |
| Year Founded | 1957 | 1946 |
| Year Franchised | 1965 | 1956 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| MRI Worldwide | Spherion | |
| Experience | Industry experience Sales/sales management background preferred | Industry experience General business experience Marketing skills |
Financing Options |
||
| MRI Worldwide | Spherion | |
| Franchise Fees | No | No |
| Start-up Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Receivables | No | Yes |
| Payroll | No | Yes |
Training & Support |
||
| MRI Worldwide | Spherion | |
| Training | On-The-Job Training: 120 hours Classroom Training: 40 hours Additional Training: At existing location | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | 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 slicks, National media, Regional advertising | Ad Templates National Media Regional Advertising Social media SEO 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) | 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 |
||
| MRI Worldwide | 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 | |
| Canada Expansion | 0 | |
| International Expansion | Asia, Australia,New Zealand, Eastern Europe, South America, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| MRI Worldwide | |
| Spherion | |
| Franchise Fee | |
| MRI Worldwide | |
| Spherion | |
| Royalty Fee | |
| MRI Worldwide | 9%-3% |
| Spherion | 0.25% - 0.75% |
| Advertising Fee | |
| MRI Worldwide | 0.50% |
| Spherion | |
| Year Founded | |
| MRI Worldwide | 1957 |
| Spherion | 1946 |
| Year Franchised | |
| MRI Worldwide | 1965 |
| Spherion | 1956 |
| Term Of Agreement | |
| MRI Worldwide | 10-20 years |
| Spherion | 10 years |
| Renewal Fee | |
| MRI Worldwide | |
| Spherion | Current initial license fee |
Business Experience Requirements |
|
| Experience | |
| MRI Worldwide | Industry experience Sales/sales management background preferred |
| Spherion | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| MRI Worldwide | No |
| Spherion | No |
| Start-up Costs | |
| MRI Worldwide | |
| Spherion | |
| Equipment | |
| MRI Worldwide} | |
| Spherion | |
| Inventory | |
| MRI Worldwide | |
| Spherion | |
| Receivables | |
| MRI Worldwide | |
| Spherion | |
| Payroll | |
| MRI Worldwide | |
| Spherion | |
Training & Support |
|
| Training | |
| MRI Worldwide | |
| Spherion | On-The-Job Training: 120 hours Classroom Training: 40 hours Additional Training: At existing location |
| Support | |
| MRI Worldwide | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Spherion | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| MRI Worldwide | Co-op advertising, Ad slicks, National media, Regional advertising |
| Spherion | Ad Templates National Media Regional Advertising Social media SEO 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) |
| 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 | |
| MRI Worldwide | |
| 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 | |
| MRI Worldwide | 0 |
| Spherion | |
| International Expansion | |
| MRI Worldwide | Asia, Australia,New Zealand, Eastern Europe, South America, Western Europe, |
| Spherion | |