Saturday
Apr242010
Spherion Franchise
Saturday, April 24, 2010 at 01:49PM Full-time and temporary staffing services
Formerly Interim Services Inc., Spherion Corp. was founded in 1946 by Leroy Dettman. It began franchising in 1956 and acquired staffing franchisor Norrell in 1999. Spherion has operations in Asia, Europe and North America.
Start-up Costs & Franchises Fees
What is the total cost to open a Spherion Franchises?
Total Cost: $97,700-$163,200
Total Franchise Fees: $10,000 USD -$15,000 USD
Ongoing Royalty Fees: Varies
Ongoing Advertising Fees: Not Available
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: Current initial license fee
Contact Information for Spherion
|
Spherion Corp. |
Toll Free: (800)903-0082 |
Spherion In the Press
No results at this time.Historical Expansion
In what year did Spherion begin operations? 1946
When did Spherion begin selling franchises? 1956
Year United States Canada International Corporate 2002 214 35 0 677 2001 315 31 0 768 2000 316 13 0 827 1999 390 13 0 939 1998 309 6 0 439
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 Yes Inventory No No Accounts Receivable No No Payroll Yes Yes
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, National media, Regional advertising support
Franchise Operation Restrictions
90% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 3 - 5
100% of current franchise business owners are owner/operators
Qualifications & Business Experience
Business Experience:
Industry experience General business experience Sales & marketing experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
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
Jason Rager | Comments Off | 



