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2022 Franchise 500 Rank
#71 Ranked #93 last year
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Initial investment
$148K - $347K
Units as of 2021
198 9.4% over 3 years

Company Overview

Formerly Labor Pool, then Interim Services Inc., Spherion Corp. was founded in 1946 by Leroy Dettman as City Car Unloaders in Chicago. It began franchising in 1956 and acquired staffing franchisor Norrell in 1999. In 2011, Spherion was acquired by Randstad NA, the world's largest staffing and employment services company. Spherion offers both commercial and professional staffing services in the US and is 100 percent franchise-owned.  

About Spherion Staffing

Related Categories
Staffing/Recruiting
Founded
1946
Parent Company
Randstad N.A.
Leadership
Karen Fichuk, CEO
Ticker Symbol
RANJY

Franchising Overview

Franchising Since
1956 (66 years)
# of employees at HQ
450
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
198 (as of 2021)

Franchisor Information

Corporate Address
3625 Cumberland Blvd.
Atlanta, GA 30339

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Spherion Staffing franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$26,250 - $35,000
Initial Investment
$148,025 - $347,475
Net Worth Requirement
$150,000
Cash Requirement
$100,000
Veteran Incentives
25% off franchise fee, free office technology package, $1,000 marketing product credit, sales training workshop
Ad Royalty Fee
0.25-0.75%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
Spherion Staffing offers in-house financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
80 hours
Classroom Training
104 hours
Additional Training
At existing location
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
3-5
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Spherion Staffing landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021