Start-Up Costs and Fees |
||
| MRI Worldwide | @WORK Search Group | |
| Investment | 66635 - 99785 | 159000 - 236000 |
| Franchise Fee | ||
| Royalty Fee | 9%-3% | 2.6% - 7% |
| Advertising Fee | 0.50% | |
| Year Founded | 1957 | 1986 |
| Year Franchised | 1965 | 1992 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| MRI Worldwide | @WORK Search Group | |
| Experience | Industry experience Sales/sales management background preferred | |
Financing Options |
||
| MRI Worldwide | @WORK Search Group | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | Yes |
| Payroll | No | Yes |
Training & Support |
||
| MRI Worldwide | @WORK Search Group | |
| Training | On-The-Job Training: 32 hours Classroom Training: 32 hours Additional Training: Meetings | |
| 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 Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad Templates 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) | Number of Employees Required to Run: 2 - 4 |
Expansion Plans |
||
| MRI Worldwide | @WORK Search Group | |
| 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 | |
| @WORK Search Group | |
| Franchise Fee | |
| MRI Worldwide | |
| @WORK Search Group | |
| Royalty Fee | |
| MRI Worldwide | 9%-3% |
| @WORK Search Group | 2.6% - 7% |
| Advertising Fee | |
| MRI Worldwide | 0.50% |
| @WORK Search Group | |
| Year Founded | |
| MRI Worldwide | 1957 |
| @WORK Search Group | 1986 |
| Year Franchised | |
| MRI Worldwide | 1965 |
| @WORK Search Group | 1992 |
| Term Of Agreement | |
| MRI Worldwide | 10-20 years |
| @WORK Search Group | 10 years |
| Renewal Fee | |
| MRI Worldwide | |
| @WORK Search Group | |
Business Experience Requirements |
|
| Experience | |
| MRI Worldwide | Industry experience Sales/sales management background preferred |
| @WORK Search Group | |
Financing Options |
|
| Franchise Fees | |
| MRI Worldwide | No |
| @WORK Search Group | No |
| Start-up Costs | |
| MRI Worldwide | |
| @WORK Search Group | |
| Equipment | |
| MRI Worldwide} | |
| @WORK Search Group | |
| Inventory | |
| MRI Worldwide | |
| @WORK Search Group | |
| Receivables | |
| MRI Worldwide | |
| @WORK Search Group | |
| Payroll | |
| MRI Worldwide | |
| @WORK Search Group | |
Training & Support |
|
| Training | |
| MRI Worldwide | |
| @WORK Search Group | On-The-Job Training: 32 hours Classroom Training: 32 hours Additional Training: Meetings |
| Support | |
| MRI Worldwide | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| @WORK Search Group | Purchasing Co-ops 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 |
| @WORK Search Group | Ad Templates 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) |
| @WORK Search Group | Number of Employees Required to Run: 2 - 4 |
Expansion Plans |
|
| US Expansion | |
| MRI Worldwide | |
| @WORK Search Group | 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 |
| @WORK Search Group | 0 |
| International Expansion | |
| MRI Worldwide | Asia, Australia,New Zealand, Eastern Europe, South America, Western Europe, |
| @WORK Search Group | |