Spherion Franchise

Spherion Franchise Opportunity

Explore the immense potential of owning a Spherion Franchise, a reputed name in the employment and staffing industry since 1946. Specializing in matching skilled talent with companies' needs, Spherion provides an exciting franchising opportunity for entrepreneurs looking to thrive in the staffing sector.

Why Choose Spherion?

As a Spherion franchisee, you will be part of a well-established network that provides both temporary staffing and permanent placement services. Here's why Spherion stands out:

• Proven Business Model: Over 70 years in the industry.
• Diverse Service Offering: Staffing solutions across various sectors.
• Extensive Training: Comprehensive initial and ongoing training programs.
• Marketing Support: Dedicated resources to enhance market presence.
• Scalable Opportunities: Potential to expand services with the Professional Services Addendum.

Initial Investment and Fees

Your investment in a Spherion franchise includes various costs, with the estimated initial investment range detailed below:

• Initial Franchise Fee: $40,000
• Computer System Hardware: $0 - $7,300
• Real Property: $3,500 - $7,000
• Furniture and Fixtures: $15,500 - $35,000
• Leasehold Improvements: $10,000 - $15,000
• Signs: $2,000 - $8,000
• Equipment: $500 - $15,000
• Opening Advertising: $7,500 - $12,500
• Training Expenses: $5,625 - $9,375
• Start-up Supplies: $510 - $1,050
• Insurance: $2,100 - $7,850
• Utility Expenses: $160 - $1,100
• Professional Fees: $1,050 - $5,200
• Hardware Installation: $720 - $1,100
• Additional Funds: $125,000 - $176,000
• Estimated Total: $214,325 - $342,575

Training Overview

Spherion provides extensive training for all its franchisees, ensuring you are well-prepared to run your staffing business efficiently.

• Initial Training: Conducted at Spherion’s headquarters in Atlanta, Georgia, and online.
• Role-Based Training: For key personnel, provided at your location or in Atlanta.
• Ongoing Training: Available through webinars, phone, or in-person sessions.
• National and Regional Meetings: Covering sales, advertising, operations, legal developments, and more. Attendance may be mandatory.

Exclusive Territory

Upon signing the Franchise Agreement, you will be granted a specified territory, typically a political jurisdiction such as a city or county. Spherion ensures no other franchisee will operate in your designated area, providing exclusivity for General Staffing services.

Franchise Terms and Renewal

The initial term for a Spherion franchise is 10 years. After this period, you have the option to renew for an additional five years under the current terms and conditions of the Franchise Agreement.

Financial Assistance

While franchisees are expected to secure their capital, Spherion offers various financing options:

• Start-up Financing: For new markets, subject to terms.
• Payroll Financing: Allows a “float” period on receivables without a carrying charge until 60 days old.
• Worker’s Compensation Financing: Options available for financing workers' compensation costs.
• Computer System Financing: Available for approved franchisees.

Key Takeaways

• Established brand with over 70 years of experience in the staffing industry.
• Diverse service offerings with potential for expansion.
• Comprehensive training and ongoing support.
• Exclusive territory grants and robust marketing support.
• Initial franchise fees starting at $214,325, with various financing options available.

Interested in learning more? Download the full Franchise Disclosure Document (FDD) or fill out our free information request form on this page to get started on your journey with Spherion!