Franchise fees and what you get
Getting Started
As the owner of a Respond Recruitment Franchise you will be rewarded for your efforts in many different ways.
Running your own franchise operation will allow you a much better work life balance as you are able to work round your own personal requirements. There are also very attractive financial rewards for those who put in the effort and dedication to the business. At the very start of the franchise journey, we will sit down and discuss with you your own personal financial targets and help you in the planning stages. This will ensure you are given the very best chance of achieving your ambitions.
How much does it cost?
The franchise fee is £19,995 (exc VAT) with an ongoing management fee of 6.5% (exc VAT). We advise that you use our preferred finance partner (Skipton Business Finance) to fund your growth plans. This facility will ensure that you not held up with unnecessary cashflow issues, allowing you to increase your business at rate that
suits you.
If you choose the above funding method then we would recommend that you still have around £20k of working capital available. We do have excellent relationships with the main high street banks and finance industry. Should you go for this funding option we will be able to help facilitate this for you. We would recommend you have around £60k working capital available to help you in the early stages.
In Return
You will receive the following
- Your own defined territory
- Comprehensive start up training from experts with over 15 years sector specific experience
- Your own dedicated Franchise Support team
- ‘Ready made business’ in your territory through our National Contracts.
- A fully functioning Recruitment CRM package which will not only help you manage the business development side but will also co-ordinate your main back office functions including invoicing and assignment scheduling.
- On going training and support including specialist business development guidance to maximise sales with your territory.
- An introduction to our preferred factoring company.
- Marketing starter bundle which includes fully branded uniforms and promotional items,