Global Recruiters Network

Executive search services
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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$61K - $129K
Units as of 2024
180 Decrease 14% over 3 years

Company Overview

About Global Recruiters Network

Industry Business Services
Related Categories Staffing/Recruiting
Founded 2003
Parent Company RFB Holdings Inc.
Leadership Brad Baiocchi, CEO
Corporate Address 200 S. Wacker Dr., #1300
Chicago, IL 60606
Social Facebook, LinkedIn

Business Overview

Franchising Since 2003 (22 years)
# of employees at HQ 24
Where seeking

This company is offering new franchises throughout the US.

This company is offering new franchises worldwide.

# of Units 180 (as of 2024)

Information for Franchisees

Here's what you need to know if you're interested in opening a Global Recruiters Network franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$50,000
Initial Investment Information Circle
$61,250 - $128,550
Net Worth Requirement Information Circle
$400,000
Cash Requirement Information Circle
$150,000
Royalty Fee Information Circle
10%-2%
Term of Agreement Information Circle
10-20 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing Global Recruiters Network offers in-house financing to cover the following: inventory, accounts receivable
Third Party Financing Global Recruiters Network has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 170.5 hours
Classroom Training 110.15 hours
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Social Media
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
No
# of employees required to run 1-5
Are exclusive territories available? Information Circle
Yes
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Franchise 500 Ranking History

Compare where Global Recruiters Network landed on this year's Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022