Preferred HealthStaff vs MRI Worldwide Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Preferred HealthStaff vs MRI Worldwide including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Preferred HealthStaff MRI Worldwide
Investment 62120 - 94661 66635 - 99785
Franchise Fee
Royalty Fee 5% 9%-3%
Advertising Fee 1% 0.50%
Year Founded 2009 1957
Year Franchised 2014 1965
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Preferred HealthStaff MRI Worldwide
Experience You are not required to have a background in the healthcare field. We look for you having: A positive attitude and resourcefulness Natural sales abilities and the willingness to go “above and beyond-- on behalf of clients We prefer franchise owners who will be directly involved in the operations and growth of their Preferred HealthStaff franchises You may have a spouse, a business partner, or administrative staff assist you with running the business. We expect that franchisees have the right amount of capital to invest in the business. Industry experience Sales/sales management background preferred

Financing Options

  Preferred HealthStaff MRI Worldwide
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Preferred HealthStaff MRI Worldwide
Training You and two key staff members will receive initial at-home training for up to two weeks in total, covering caregiver training, software training, and more. This will be followed by up to five days of training at our corporate support center, covering additional caregiver and software training, as well as marketing, business management, and other important issues.
Support A representative of Preferred HealthStaff will spend up to five days with you during your initial months of operation, assisting you and your staff on-site at your local office. Access to all Preferred HealthStaff's trademarks, and our established business model and procedures. A copy of our confidential operations manual to help you run your franchise business properly on a day-to-day basis. Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks, National media, Regional advertising
Operations We prefer franchise owners who will be directly involved in the operations and growth of their Preferred HealthStaff franchises You may have a spouse, a business partner, or administrative staff assist you with running the business. International franchisees required to buy multiple units/master licenses; 2% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Expansion Plans

  Preferred HealthStaff MRI Worldwide
US Expansion Delaware, Maryland, New Jersey, Pennsylvania, Virginia, West Virginia
Canada Expansion Nationwide, 0
International Expansion Worldwide, Asia, Australia,New Zealand, Eastern Europe, South America, Western Europe,

Start-Up Costs and Fees Mobile

Investment
Preferred HealthStaff
MRI Worldwide
Franchise Fee
Preferred HealthStaff
MRI Worldwide
Royalty Fee
Preferred HealthStaff 5%
MRI Worldwide 9%-3%
Advertising Fee
Preferred HealthStaff 1%
MRI Worldwide 0.50%
Year Founded
Preferred HealthStaff 2009
MRI Worldwide 1957
Year Franchised
Preferred HealthStaff 2014
MRI Worldwide 1965
Term Of Agreement
Preferred HealthStaff 5 years +5 +5 +5
MRI Worldwide 10-20 years
Renewal Fee
Preferred HealthStaff
MRI Worldwide


Business Experience Requirements

Experience
Preferred HealthStaff You are not required to have a background in the healthcare field. We look for you having: A positive attitude and resourcefulness Natural sales abilities and the willingness to go “above and beyond-- on behalf of clients We prefer franchise owners who will be directly involved in the operations and growth of their Preferred HealthStaff franchises You may have a spouse, a business partner, or administrative staff assist you with running the business. We expect that franchisees have the right amount of capital to invest in the business.
MRI Worldwide Industry experience Sales/sales management background preferred

Financing Options

 
Franchise Fees
Preferred HealthStaff
MRI Worldwide
Start-up Costs
Preferred HealthStaff
MRI Worldwide
Equipment
Preferred HealthStaff}
MRI Worldwide
Inventory
Preferred HealthStaff
MRI Worldwide
Receivables
Preferred HealthStaff
MRI Worldwide
Payroll
Preferred HealthStaff
MRI Worldwide

Training & Support

Training
Preferred HealthStaff You and two key staff members will receive initial at-home training for up to two weeks in total, covering caregiver training, software training, and more. This will be followed by up to five days of training at our corporate support center, covering additional caregiver and software training, as well as marketing, business management, and other important issues.
MRI Worldwide
Support
Preferred HealthStaff A representative of Preferred HealthStaff will spend up to five days with you during your initial months of operation, assisting you and your staff on-site at your local office. Access to all Preferred HealthStaff's trademarks, and our established business model and procedures. A copy of our confidential operations manual to help you run your franchise business properly on a day-to-day basis.
MRI Worldwide Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing
Preferred HealthStaff
MRI Worldwide Co-op advertising, Ad slicks, National media, Regional advertising
Operations
Preferred HealthStaff We prefer franchise owners who will be directly involved in the operations and growth of their Preferred HealthStaff franchises You may have a spouse, a business partner, or administrative staff assist you with running the business.
MRI Worldwide International franchisees required to buy multiple units/master licenses; 2% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Expansion Plans

US Expansion
Preferred HealthStaff Delaware, Maryland, New Jersey, Pennsylvania, Virginia, West Virginia
MRI Worldwide
Canada Expansion
Preferred HealthStaff Nationwide,
MRI Worldwide 0
International Expansion
Preferred HealthStaff Worldwide,
MRI Worldwide Asia, Australia,New Zealand, Eastern Europe, South America, Western Europe,