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Patrice & Associates

Patrice & Associates: A Leader in Hospitality Recruitment […]

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Franchise Costs and Requirements

Franchise Details

Year Established: 2010
Category Locations: Home-Based,Mobile
Available Ownership Type: Owner Operator,Semi-Absentee
Corporate HQ City: Dunkirk
Corporate HQ State: MD
Investment Range: $50,000 - $100,000
Canada Franchising: Yes
Latin America Franchising: Yes
India Franchising: Yes
Franchise Fee: $58,000
Royalty Percentage: 10%
Veteran Discount: Yes
E2/EB5 Visas: Yes
Master Franchise Opportunities: Yes

Background

Patrice & Associates: A Leader in Hospitality Recruitment FranchisingPatrice & Associates is a well-established brand in the hospitality recruitment industry, boasting a 30-year track record and over 175 offices across the US and Canada. They've built their reputation on matching qualified candidates with the right hospitality jobs, from management positions to executive roles. But did you know that Patrice & Associates also offers franchising opportunities?Investing in a Patrice & Associates franchise can be a lucrative venture for those with a passion for the hospitality industry and a knack for building relationships. The company's franchise model is designed to be low-risk and scalable, allowing you to start your business from home and gradually expand as you gain experience and traction.Here are some of the key benefits of owning a Patrice & Associates franchise:Proven business model: With over 150 successful franchises already in operation, Patrice & Associates has a track record of success that you can tap into. Their well-defined systems and processes will guide you every step of the way.Extensive training and support: From initial onboarding to ongoing mentorship, Patrice & Associates provides comprehensive support to ensure your franchise thrives. You'll have access to experienced trainers, marketing resources, and a network of fellow franchisees.Strong brand recognition: The Patrice & Associates brand is well-respected in the hospitality industry, giving you an immediate advantage in attracting clients and candidates.Multiple revenue streams: You'll earn income through a variety of channels, including placement fees, retainer agreements, and value-added services.If you're looking for a franchise opportunity with a strong track record, low startup costs, and the potential for high returns, Patrice & Associates is definitely worth considering. With their proven business model, extensive support network, and strong brand recognition, you'll be well-positioned for success in the ever-growing hospitality industry.

Support & Training offered by Patrice & Associates

Patrice & Associates Franchise Support and Training: A Complete GuideOwning a Patrice & Associates franchise grants you independence while leveraging their vast experience and resources. To ensure your success, they offer comprehensive support and training at every step:Pre-Launch:Territory selection: Experts help you choose the right territory based on demographics, potential, and existing competition.Financing assistance: Guidance on securing loans and navigating financial aspects of launching your franchise.Business plan development: Collaborative creation of a customized plan outlining your goals, strategies, and budget.Initial Training:1-week Virtual Classroom: Gaining foundational knowledge in recruiting, sales, business management, and the Patrice & Associates system.1-week Hands-on Training: In-person practice at the corporate headquarters, learning the tools, technology, and recruitment workflows.30 Days Daily One-on-One Training: Direct guidance from Patrice Rice, CEO, focusing on client development, candidate sourcing, and closing deals.60-Day Mentor Program: Partnering with a senior franchisee for ongoing support, advice, and best practice sharing.Ongoing Support:Weekly Virtual Training Sessions: Continuous learning on various topics like marketing, sales techniques, and compliance updates.Field Visits and Support: Regular on-site visits from regional managers to assess progress, offer coaching, and troubleshoot challenges.24/7 Online Resource Center: Access to manuals, templates, marketing materials, and a forum for connecting with other franchisees.Advanced Sales Training: 9 months of Sandler Sales Training program, refining your negotiation and client relationship skills.Business Development and Executive Coaching: Personalized coaching sessions on strategic planning, team building, and leadership development.Additional Features:Extensive Candidate Database: Immediate access to hundreds of thousands of pre-vetted candidates across various industries.Client Relationships: Established connections with numerous hotels, restaurants, and other hospitality businesses.Proven Recruitment System: A tested and refined methodology for successful placements, maximizing your earning potential.National Brand Recognition: Leverage the established reputation and trust associated with the Patrice & Associates name.Key Takeaways:Patrice & Associates prioritizes franchisee success with extensive training at every stage, from pre-launch to ongoing operations.Support includes both foundational knowledge and personalized guidance, catering to individual needs and challenges.The program equips you with the tools, resources, and expertise to run a successful recruiting business within the hospitality niche.

Additional Information

Category Location Home-Based,Mobile
Number of Units Open
Investment Range $75,000 - $90,000
Master Franchise true
Home based franchise YES
Item 19 Franchise YES
Veteran Discount YES
Franchise Opportunities in Canada YES
International Franchise Opportunities
E2/EB5 Visa Franchise YES
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