Spherion Staffing & Recruiting
Professional Services
Spherion’s locally owned and operated offices match job seekers and employers so each can achieve their goals. Ranked in the top 15% of Entrepreneur’s Franchise 500 list, our average franchise grossed $7.4 million in sales in 2022.*
Availability
Spherion Staffing & Recruiting is currently accepting inquiries from the following states:
AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
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Requirements
Financial requirements for this franchise: Minimum Cash Required $150,000 Net Worth $200,000 Franchise Fee $40,000 Royalty Fee 6% Total Investment $214,325 - $471,975 -
Options
Options available to franchisees: Financing Available Training Available -
Franchisor Details
Facts about this franchise: Headquarters Atlanta, GA Total Units 221 Year Founded 1946 Franchising Since 1956
What does a Spherion Staffing & Recruiting Franchise Cost?
The cost to own your own Spherion Staffing & Recruiting franchise requires you to make an initial total investment of approximately $214,325 - $471,975. Additionally, you will need to have at least $150,000 in liquid capital. They also offer a discount for veterans (Military veterans and members of recognized minority groups receive 25% off of the standard franchise fee). *
Overview
Spherion’s franchise opportunity builds upon 75+ years of experience and a wealth of workforce knowledge. You’ll step into franchise ownership with an established brand and peer-supported company delivering recruitment, staffing, and workforce support services to more than 160,000 employees and 3,000 clients daily. Our goal is to be known for offering a pipeline of skilled talent and satisfying career opportunities while helping franchisees achieve ever-higher levels of income and professional goals.
Spherion offers a low franchise fee of $40,000. Our minimal start-up costs combined with operations, marketing, payroll and billing support mean you can focus on sales over cash flow.
- Average 2022 gross sales: $7.4 millionÂ
- Average 2022 gross profit: $1.6 millionÂ
- 43% of franchisees surpassed 2021’s average gross profit
Our franchises operate in two categories: Professional IT, which concentrates on technology-centric positions, and General Staffing, which connects job seekers and employers in light industrial, administrative, non-clinical healthcare, educational support, customer service, sales and marketing. We offer single and multi-unit opportunities tailored for each franchisee’s goals and local market potential.
Why Choose Spherion?
Our strong candidate-client relationships and exceptional service backed by the resources of the global leader in human resources allows Spherion to cater to the ever-changing demands of America’s workforce.
- 4.8/5-star Google rating from franchisees, clients, and employees
- Average franchise location earning was $7.4 million in 2022, up from $5 million in 2019.
- Franchise owners benefit from the stability of protected, exclusive territories plus our standard 10-year contract with 5-year renewals.
- Opportunities abound to grow your market through additional locations and services.
- B2B model that allows you to maintain a 40-hr weekly schedule, and the flexibility to grow, and outstanding corporate support.
- Our comprehensive, 380-hour training program covers all facets of operations. You don’t open until you’re confident you will succeed.
Our low franchise fee of $40,000 makes it easy to start your own business. We offer discounts for military veterans, staffing industry veterans, and recognized minority groups as well as in-house financing.
Support & Training
You'll receive 380+ hours of comprehensive role-based training before and after opening. Periodic training addresses client development, legal requirements, marketing and sales. You'll be supported by a dedicated portfolio leader who is available to answer questions and strategize with you, as well as by a national marketing team.
Market & Competition
Spherion and the entire staffing industry is enjoying robust growth thanks to a rebounding post-pandemic economy and shifts in the labor market. Staffing Industry Analysts predicts +/-2% growth for the staffing industry in 2023. Spherion is bullish on that projection and expects the demand for flexibility and scalability to continue fueling our growth. Robust candidate-client relationships and exceptional service backed by the resources of the world's largest talent company allows Spherion to cater to the ever-changing demands of America’s workforce.
Ideal Candidate
Our ideal franchise owner is an entrepreneurial-minded person who desires to be their own boss with the support and resources a national company can offer. Our franchisees come from business, finance, education, law, retail, sales, and more. We have military veterans, first-generation business owners, and multi-generational owners. Spherion franchisees employ a strong work ethic and collaborative leadership strategies to provide employment opportunities.
*This data is based on 60 franchisees that were open and operating for at least one full year as of 12/31/22. 15 of the 60 franchisees (25%) surpassed the average annual sales stated above. Your individual results may differ. There is no assurance that other franchisees will earn as much. Please review Item 19 of our FDD for more information.
