Global Recruiters Network

Global Recruiters Network

Executive search services
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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$42K - $100K
Units as of 2021
211 15.3% over 3 years

Company Overview

About Global Recruiters Network

Related Categories
Staffing/Recruiting
Founded
2003
Parent Company
RFB Holdings Inc.
Leadership
Brad Baiocchi, CEO

Franchising Overview

Franchising Since
2003 (18 years)
# of employees at HQ
24
# of Units
211 (as of 2021)

Franchisor Information

Social
Facebook
Corporate Address
200 S. Wacker Dr., #1300
Chicago, IL 60606

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
$30,000
Initial Investment
$41,715 - $99,965
Net Worth Requirement
$400,000
Cash Requirement
$150,000
Royalty Fee
10%
Ad Royalty Fee
0.5%
Term of Agreement
10-25 years
Is franchise term renewable?
Yes

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
240 hours
Classroom Training
80 hours
Additional Training
Videoconferencing network
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
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
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?
No
Can this franchise be run part time?
No
# of employees required to run
1-5
Are exclusive territories available?
Yes

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 by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021