Executives Online franchise agreements have two pricing components, an initial fee to acquire the franchise, and a management fee paid over time as a percentage of Gross Margin from your Executives Online business.
The cost of a UK regional sector franchise is £45,000 plus VAT. The fee provides you with a 5 year franchise agreement with automatic rights to renewal at no further charge.
We charge ongoing Management Service fees of 30% of the franchisees Gross Margin. In an Executives Online franchise, Gross Margin is calculated as the difference between amounts invoiced to clients and payments to candidates in interim contracts – the proportion you retain as your fee which is earned over the duration of each interim contract – plus any recruitment fees taken for introduction of candidates into permanent roles or long-term contracts. Typically, our interim contracts run at approximately 25% margin; that is, if the client is invoiced £1,000 per day for the candidate’s services, the candidate’s portion will be £750 per day.
Worldwide, it is our intention to become the largest global franchise specialising in Interim Management & Executive Recruitment and you have a unique opportunity to join our expanding network of franchise partners who experience the benefits of franchising their business with EO, a sample of some of the key benefits included as part of our initial and ongoing fees are shown below:
As an international business Executives Online is a member of the International Franchise Association (“IFA”).
If you are interested in learning more about becoming an Executives Online franchisee, please complete our online application form. We will then arrange to meet with you if you wish to discuss the industry sector you have in mind.