Franchise Summary
Description
Spherion Staffing, LLC offers franchises in the business of providing clients with high quality staffing services. The franchisee will offer staffing services as either (1) a Spherion General Staffing franchise or (2) a Spherion Professionalsfranchise.
Company Background
SPHERION is a well-established staffing company that offers franchises in the business of providing clients with high quality staffing services. The franchisee will offer staffing services as either (1) a Spherion General Staffing franchise or (2) a Spherion Professionalsfranchise.
Franchise Opportunity
Businesses need to be able to hire the best people for the job in order to be successful, but this can be hard when there are so many other things that need to be taken care of. Hiring the right person for the job is essential, but it can be difficult to find the time or resources to do this effectively. Spherion Staffing offers franchises in the business of providing clients with high quality staffing services. We have been in business since 1946 and have a long history of success. Our franchisees offer staffing services as either a Spherion General Staffing Franchise or a Spherion Professionals Franchise.
Corporate Structure
Spherion Staffing, LLC is a Delaware limited liability company incorporated October 22, 2008. Their principal business address is One Overton Park, 3625 Cumberland Blvd., Suite 600, Atlanta, GA 30339.
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Personnel Services Industry$4,711,740 / unit
Franchise Type: Standard
Average Revenue During 2020
Average Gross Profit Per Unit
Compared vs. Personnel Services Industry$956,965 / unit
Franchise Type: Standard
Average Gross Profit During 2020
Franchise Types Available
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Employee Contact Database
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Distribution of Spherion Franchisees
Spherion Franchise System Development in 2022
FAQ
How much investment do I need to start my own Spherion business?
Franchisees typically require at least $214 to $342 investment to get their Spherion business started
What are the initial franchise fees for Spherion?
Franchisees typically need to pay at least $40 in fees directly to Spherion in order to earn the right to launch their business
How much money can I make with a Spherion franchise? What are
the average revenues for a typical Spherion business?
We estimate that the average revenue of an individual
Spherion unit is approximately
$4,711,740. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Spherion unit? What
is my contractual commitment?
Spherion franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$214,325 to $342,575
which is
Much Higher
than the $0 to $0 average in the Personnel Services industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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