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Spherion Staffing

2014 Franchise 500
#446
At a Glance

Products & Services: Staffing, recruiting

Number of Locations: 146

Total Investment: $100K - $168K

Founded: 1946

Began Franchising: 1956

About Spherion Staffing

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.

Franchise Units

Year U.S. Canadian International Company Owned
2014 146 0 0 0
2013 146 0 0 0
2012 142 0 0 0
2011 149 0 0 248
2010 124 0 0 151
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $100,000 - $168,000
Franchise Fee: $18,750 - $25,000
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 25% off franchise fee
Financial Requirements
Net Worth: $150,000
Liquid Cash Available: $100,000
Operations
90% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3 - 5. 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: 76 hours. At franchisee's location: 16 hours. At existing location : 2 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #446 (2014), #404 (2013), #263 (2012), #333 (2011), #106 (2010),

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