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Spherion Corporation
Staffing and recruiting
Spherion seeks to circumvent your personnel problems. The company provides traditional temporary staffing along with services such as professional and executive recruitment and employee consulting and assessment. In addition, Spherion provides staffing and technology services in such areas as project management, quality assurance, and data center and network operations. The company also offers customer care and administrative and support services. Spherion operates through a network of locations in the U.S. and Canada. The company was founded in 1946.
2011 AllStar Rank: 71
2010 AllStar Rank: Not Ranked
2009 AllStar Rank: 98
Full Disclosure Award
This company gets a nod for disclosing financial performance representations in Item 19 of its Franchise Disclosure Document (FDD). For an explanation of why this is important, read The Importance of Item 19 in the Franchise Disclosure Document.
2010 AllStar Rank: Not Ranked
2009 AllStar Rank: 98
Full Disclosure Award
This company gets a nod for disclosing financial performance representations in Item 19 of its Franchise Disclosure Document (FDD). For an explanation of why this is important, read The Importance of Item 19 in the Franchise Disclosure Document.
AllStar Franchise
AllStar Rank:
43
See All AllStar Franchises
Spherion Corporation
2050 Spectrum Boulevard
Fort Lauderdale, FL 33309
800-903-0082
Fast Facts
| Year established | 1946 |
| Franchising since | 1950 |
| Can be run from home? | No |
| Number of employees needed | 3 |
| Multiple units must be purchased in U.S. | No |
| Multiple units must be purchased outside U.S. | No |
| Absentee ownership allowed? | No |
Franchise Unit Growth Rate
| Year | U.S. Franchises |
Non-U.S. Franchises |
Company-Owned Locations |
| 2011 | 152 | 0 | 253 |
| 2010 | 149 | 0 | 248 |
| 2009 | 150 | 0 | 264 |
Expanding in These Locations
United States
Costs
| Total Investment | $97,700 - $163,200 |
| Franchise Fee | $25,000 |
| Royalty Fee | 3% - 6% |
Financial Requirements
| Net Worth | $350,000 |
| Liquid Capital | $100,000 |
Franchisee Qualifications
Successful track record in a fast-paced business environment
Financial means and business acumen
Ability to network, build relationships, influence people and problem solve
Financing
| Does franchisor offer financing? | Yes |
| Is franchisor on the SBA's Franchise Registry? | No |
| Is franchisor a member of the IFA's VetFran program? | Yes |
Financing Assistance
Franchisor will finance 100 percent of the temporary help payroll and offers startup financing through the Inside Track program, which helps qualified individuals with 5+ years in the staffing and recruiting industry open in a new market.
AllStar Franchise
AllStar Rank:
43
See All AllStar Franchises
Spherion Corporation
2050 Spectrum Boulevard
Fort Lauderdale, FL 33309
800-903-0082
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Spherion Corporation
Spherion seeks to circumvent your personnel problems. The company provides traditional temporary staffing along with services such as professional and executive recruitment and employee consulting and assessment. In addition, Spherion provides staffing and technology services in such areas as project management, quality assurance, and data center and network operations. The ...
| Company Type: | Public |
| Employees: | 258,000 |
| 1 Year Employee Growth: | - 5.5% |
| Executives: | Roy G. Krause, President, CEO, and DirectorMark W. Smith, SVP and CFOWilliam J. (Bill) Grubbs, EVP and COO |
| Rankings: | S&P 600, |
| Sales: | $2,017,100,000 |
| 1 Year Sales Growth: | 4.3% |
| Net Income: | $25,300,000 |
| 1 Year Net Income Growth: | - 53.8% |
| See More Financials | |
| Industries: | Staffing |
| See More Industries | |
| Top Competitors: | AdeccoKelly ServicesManpower |
AllStar Franchise
AllStar Rank:
43
See All AllStar Franchises
Spherion Corporation
2050 Spectrum Boulevard
Fort Lauderdale, FL 33309
800-903-0082
