Global Recruiters Network
Professional Services Personnel ServicesCompany Information
Address
200 S. Wacker Drive, Suite 1300 Chicago, IL 60606
Website
Tel
Not Available
Email
Franchimp Summary Rating
Lower than 15% of peers
Franchise Summary
Description
The franchise offered is to operate a permanent placement service business from one or more offices under the GLOBAL RECRUITERS NETWORK service mark for placement of full-time employees.
Company Background
Global Recruiters Network is a recruiting franchise that offers a turnkey, full-service placement service. The company provides permanent placements of all types for clients in the U.S., Canada and internationally. The company was founded with an innovative business model to deliver quality staffing solutions at competitive rates by leveraging the power of its global network of offices, which includes more than 300 locations in North America and around the world. In addition, Global Recruiters Network utilizes proprietary technology to empower their staff members with cutting-edge tools and processes that enable them to provide high-quality services for both our clients and candidates alike.
Franchise Opportunity
It can be incredibly difficult to find the right employees, especially if your business is expanding or you're looking for a specific skill set. The process of finding and vetting potential employees can be extremely time consuming and frustrating. You might spend hours online searching job boards, reviewing resumes, and conducting interviews only to end up with someone who is not a good fit for your company. Global Recruiters Network offers a proven solution that can help you find the best employees quickly and efficiently. We have an extensive network of qualified candidates and we use state-of-the-art technology to match them with the right jobs. We also offer our clients access to our exclusive database of passive candidates who are not actively seeking new employment opportunities.
Corporate Structure
Global Recruiters Network, Inc. is a Delaware corporation incorporated in December 2002 under the name Global Recruiters Network, Inc. Their principal business address is 200 S. Wacker Drive, Suite1300, Chicago, Illinois 60606.
Investment and Franchisee Fees
The total investment necessary to begin operation of your first Office ranges from $71,921 to $163,650 (not including real property). This includes $46,000 to $104,500 that must be paid to the franchisor or affiliate.
Royalties and Marketing Fees
Royalties : 10% of Net Receipts
Royalties : 0.5% of Net Receipts
Management Team
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Distribution of Global Recruiters Network Franchisees
Global Recruiters Network Franchise System Development in 2020
FAQ
How much investment do I need to start my own Global Recruiters Network business?
Franchisees typically require at least $41 to $99 investment to get their Global Recruiters Network business started
What are the initial franchise fees for Global Recruiters Network?
Franchisees typically need to pay at least $31 in fees directly to Global Recruiters Network in order to earn the right to launch their business
How much money can I make with a Global Recruiters Network franchise? What are
the average revenues for a typical Global Recruiters Network business?
We haven’t done the math on how much revenue a typical
Global Recruiters Network brings in each year. We estimate that other
franchisees in the Professional Services industry generate
$960,856 revenue, so we would expect
Global Recruiters Network to generate a similar amount
How long do I need to commit to running a Global Recruiters Network unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$67,110 to $83,235
which is
Much Lower
than the $0 to $0 average in the Personnel Services industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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