F-o-r-t-u-n-e Personnel Consultants
At a Glance
Products & Services: Executive recruiting
Number of Locations: 66
Total Investment: $93.08K - 138.55K
Founded: 1959
Began Franchising: 1973
Private Owned
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 |
| 2011 | 65 | 0 | 0 | 1 |
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $93,075 - $138,550
Franchise Fee: $50,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $50,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 10 years, renewable
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).| Financing Type | In-House | Third Party |
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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,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,