F-o-r-t-u-n-e Personnel Consultants

At a Glance

Products & Services: Executive recruiting

Number of Locations: 62

Total Investment: $93.1K - $141K

Founded: 1959

Began Franchising: 1973

About F-o-r-t-u-n-e Personnel Consultants

New York City in 1959. FPC recruits executives in 40 industries and 50 disciplines. Since the company began franchising in 1973, FPC has provided a network of recruiters, giving client companies access to nationwide talent and offering candidates career opportunities from across the country.

Franchise owners select the industries and disciplines in which they wish to focus, and industry specialists operate the offices. Recruiters research each client company's products, services and philosophies; analyze available positions; perform candidate searches and screening; present candidates; coordinate interviews; counsel on hiring and assist in negotiations.

Franchise Units

Year U.S. Canadian International Company Owned
2013 60 0 0 2
2012 63 0 0 1
2011 65 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $93,075 - $140,950
Franchise Fee: $50,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 10% off franchise fee
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $100,000
Operations
5% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks. At franchisee's location: varies. Regional seminars
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

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