- 2024 Franchise 500 Rank
-
#63 Ranked #63 last year
- Initial investment
-
$214K - $472K
- Units as of 2023
-
214 8.6% over 3 years
Spherion Staffing is one of the world’s largest human resources and recruitment service companies, dedicated to giving people the right employment opportunities. With a long history in the staff agency industry, the company has become synonymous with a strong workforce and thriving careers. They have become popular among staffing franchises and license opportunities across the nation.
Spherion Staffing was founded soon after the conclusion of World War II, in 1946. It began franchising in 1956 and has nearly 200 locations across the U.S. today.
Spherion Staffing gives franchisees a local experience and provides the extensive resources and support of a national brand as a franchisor. They make sure that all franchisees feel like part of the company. A regular exchange of ideas, best practices, and achieved goals assures this. When you become a franchisee, you will have access to the insight and experience of more than 60 existing owners and the unmatched camaraderie to boot.
Why You May Want to Start a Spherion Staffing Franchise
Spherion Staffing has ranked on Entrepreneur’s Franchise 500 an impressive amount of times throughout its existence. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
Spherion Staffing is particularly committed to helping support veterans. If you belong to this group of disciplined leaders, you can build your franchise with the assistance of the company's best resources and express personnel. Spherion Staffing tries to give back to military members, veterans, and their families by offering special perks and privileges. Spherion Staffing has several charity initiatives to help the community, as well.
What Might Make Spherion Staffing a Good Choice?
Millions of people find jobs through recruitment agencies each year. Still, you may want to research Spherion Staffing and your local area to see if a franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
To open a Spherion Staffing franchise, you will need to pay an initial investment that includes a franchise fee and other potential startup fees. The initial investment size depends on if you plan on opening a Spherion General Staffing franchise or a Spherion Professionals franchise. To be part of the Spherion team, you should make sure you’re financially ready for the investments and ongoing fees necessary. Franchisees may also need to meet the company's set net worth and liquid capital requirements.
How to Open a Spherion Staffing Franchise
The process of owning a Spherion Staffing franchise begins with the company evaluating your franchise readiness. They will assess your financial preparedness, willingness to be a hands-on franchisee, and your suitability as an active staffing agent.
Potential franchisees will ask questions, go to a discovery day at Spherion Staffing's Atlanta, Georgia headquarters, and meet the team. If both parties agree to go into business together, Spherion Staffing may ask you to choose your market, sign your franchise agreement, and pay the initial fees. When all the paperwork is done, another team will help you out with pre-opening preparations.
Company Overview
About Spherion Staffing & Recruiting
| Industry | Business Services |
|---|---|
| Related Categories | Staffing/Recruiting |
| Founded | 1946 |
| Parent Company | Randstad North America |
| Leadership | Rebecca Rogers Tijerino, Spherion President & Executive Committee Member of Randstad North America |
| Corporate Address |
3625 Cumberland Blvd., 6th Fl. Atlanta, GA 30339 |
| Social | Facebook, Twitter, LinkedIn, Instagram, YouTube |
Business Overview
| Franchising Since | 1956 (68 years) |
|---|---|
| # of employees at HQ | 450 |
| Where seeking |
This company is offering new franchises in the following US states: Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming |
| # of Units | 214 (as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Spherion Staffing & Recruiting 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
|
$40,000 |
|---|---|
|
Initial Investment
|
$214,325 - $471,975 |
|
Net Worth Requirement
|
$250,000 - $472,000 |
|
Cash Requirement
|
$215,000 - $472,000 |
|
Veteran Incentives
|
25% off franchise fee, free office technology package, $1,000 marketing product credit, sales training workshop |
|
Royalty Fee
|
6% |
|
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 & Recruiting offers in-house financing to cover the following: franchise fee, 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 | 120 hours |
|---|---|
| Classroom Training | 428 hours |
| 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 |
Co-op Advertising
Ad Templates
National Media
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 & Recruiting landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Spherion Staffing & Recruiting ranked on other franchise lists? Find out below.
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