Pridestaff on Franchise Talk
Why Choose PrideStaff?
It is not by accident that we have the word “pride” in our name… at PrideStaff, our franchisees are proud to be in a business that puts people to work, helps companies to grow and prosper, and to build a business that is respected in their community. We have a culture that is truly unique in that whether you are looking at our Mission Statement or Core Values, they are so much more to us than slogans on a website. We have them, not because we feel like we have to, but rather because they serve as a guide for the decisions we make and direction we follow. The focus is 100% on the client experience we provide on a day-to-day basis. What that has led to is consistently being recognized in the top 1% of the staffing industry in Client Loyalty and Talent (Candidate) Loyalty, which of course translates into repeat and referral business. We are a company with a fantastic culture and drive to meet and exceed our clients’ needs.
PrideStaff has also been ranked in Forbes Magazine, for the third straight year, as one of the top five “National Leading Providers” in the Staffing Industry out of a field of more than 7,500 staffing agencies nationwide. FranNet honored PrideStaff with the coveted “Commitment to Excellence” award.
Most recently, PrideStaff was awarded the top marketing award by the American Staffing Association for the “High Cost of Mediocrity” marketing program.
THE STAFFING INDUSTRY TODAY.
Staffing is one of the top ten fastest growing industries in the nation and has been for over a decade*. It is predicted by the Bureau of Labor Statistics to create the most new jobs over the next ten years*. The industry steadily grows regardless of the economy. In recovery times, when consumer confidence is high and people are spending, yet hiring confidence is low, the use of temporaries in the workforce increases.
Alex’s Points of Interest
- $100 Billion Industry and growing
- No Payroll Headaches
- Large, protected territories
- Small internal staff to manage
- Three revenue streams
- Professional hours (7:30-5:30 Monday-Friday)
- State-of-the-art software systems (Integrated support!!!)
- Recession resistant
- Repeat clients
- Better Gross Margin split
- Strong Item 19 (FDD Item that is preffered but not required)
- No Marketing Fee
Minimum Net Worth: $350,000
Franchise Fee: $35,000
Royalty: 65/35 split on gross margin
Royalty Description: In the staffing franchise industry we do a split of Gross Margin since we do all of the payroll, collections and risk management for the franchisees.