1.What is the revenue model for a Franchise Partner and how much does it cost to become one?
Enjoy the benefits of our automation tools in B2B recruitment. Ask us for a product demo, Click here
and we will setup a call to show you our product that can scale your recruitment business. We've got a fantastic product that sits in between the Employers (Clients) and Recruitment Vendors (Suppliers) helping Employers work with Recruitment Vendors to find candidates 2X faster. We currently have over 3250 recruitment vendors registered with us globally and by becoming our franchise partner we can help you grow your recruitment business faster through our smart automation tools. Recruitment is a big business in itself with Companies spending in billions on external recruitment vendors in each country to find candidates. We are approaching this market with a B2B marketplace tool aggregating Employers and Recruitment Agencies in 1 platform. By becoming our franchise partner in your city you are investing in to the future of the external recruitment industry. Imagine Amazon or Rightmove or Deliveroo for Recruitment Agencies. We will transfer you clients already registered from within your territory and will be registering from your territory and you will own/manage the clients and earn your franchise share from every single placement made from clients tagged to you. We will assign you an unique employer sign up link to acquire new clients from within your territory and from rest of the world and will provide you an Admin portal to manage clients and entire recruitment process.
We are currently having our legal entities in 3 Countries -> UK | UAE | India
and they can be found here -> Our Companies
It will cost an ONE OFF franchise setup fee of
▪ UK Franchise Fee -> £10,000
+ 20% VAT (we are looking to cover 48 counties in England, 33 in Scotland, 13 in Wales and 6 in N.Ireland)
(The market size, measured by revenue, of the Employment Placement Agencies industry was £17.7bn in 2022)
▪ India Franchise Fee -> Rs.5 lakhs
+ 18% GST for Tier1 Cities or Rs.3 lakhs
+ GST for Tier2 Cities. (We are looking to cover 300 cities in India)
(The Indian staffing market is currently a $10 billion industry, growing at 28% percent YoY and poised to become one of the largest by 2030)
▪ UAE Franchise Fee -> AED.25000
(The online recruitment market in MEA is expected to grow from US$ 1,939.15 million in 2021 to US$ 2,512.43 million by 2028)
plus your monthly working capital
What are you paying this one off fee for?
▪ Software licensing Cost
▪ Employer leads/New Client Acquisition
▪ Access to over 3250 registered recruitment vendors on our platform worldwide who can supply candidates 2x faster to clients we onboard for you from within your territory or new clients you bring to the platform from within or outside your territory using your unique employer sign up link (we will provide you this link upon onboarding as our franchise partner)
▪ Ownership of Clients originally signed up by you
▪ Admin/CRM Portal access, RH email account, Live Chat facility etc
▪ Product Training
▪ Marketing Assistance
▪ Accounts, Collection assistance
You can start remote, however having an office space is most preferred. We start with a 2 year franchise agreement auto renewed at the end of tenure without any renewal fee. You can view the standard agreement for Franchisee from this link -> Franchisee Agreement
Revenue Model (What you will earn):
split on every payment from your clients - 60% to Recruiter (Recruitment Agency that filled the vacancy, this could also be you), 20% to Franchise Partner (You), 20% to Recruiting Hub. If you filled the vacancy on your own for your client you will then earn 80% of the fee. A typical one person Franchisee can earn an average of £10,000 in the UK or Rs.2 lakhs in India or AED.20000 in UAE your share per month. Revenues will increase depending on your Sales & Account Management team size. Also the advantage of being our franchise partner is you get paid the same day as we get paid by the client which is typically (15days-60 days) unlike the 60 days or 90 days waiting period for recruitment vendors on our platform and unless the candidate has completed the replacement guarantee period.
Why would i pay a one off franchise setup fee to become a franchise partner when a recruitment vendor account is free to sign up?
This is one of the typical question we get from most of the interested franchise applicants. While a recruitment vendor registering on our platform for free becomes one among the 1000's of suppliers on the platform and do not own the clients whereas our franchise partners will own the client and enjoy the benefits of our automation tools and earn their share from every single placement made for their clients irrespective of which agency filled the vacancy + all the other benefits as mentioned above. We will transfer you clients already registered from within your territory and will be registering from your territory and you will own/manage the clients and earn your franchise share from every single placement made from clients tagged to you. We will assign you an unique employer sign up link to acquire new clients from within your territory and from rest of the world and will provide you an Admin portal to manage clients and entire recruitment process.
Apply now using this link -> Apply to become our Franchise Partner