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Wednesday
May262010

PersoNet Franchise

Staffing and human resources services

Start-up Costs & Franchises Fees

What is the total cost to open a PersoNet Franchises?

Total Cost: $35,200-$100,000 USD
Total Franchise Fees: $15,000 USD -$60,000 USD
Ongoing Royalty Fees: Varies
Ongoing Advertising Fees: Not Available
Term of Agreement: 10 years

Contact Information for PersoNet

PersoNet-The Personnel Network
33907 U.S. 19 N.
Palm Harbor, FL
34684

Phone Number: (727)781-2983
Fax Number: (727)781-3023

Franchise Homepage:

Historical Expansion

In what year did PersoNet begin operations? 1994
When did PersoNet begin selling franchises? 1994

Year United States Canada International Corporate
2005 5 0 0 2
2004 6 0 0 0
2003 9 0 0 0

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee No No
Initial Start-up Capital No No
Plant, Property, and Equipment No No
Inventory No No
Accounts Receivable Yes No
Payroll Yes No

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
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