Have you ever thought of building your own professional services business?
Executives Online has spent many years developing one of the most robust executive recruitment and interim management methods in the industry – one that harnesses the power of online channels, yet retains the human touch that ensures the best fit between candidate, client and role. We are now offering the Executives Online recruitment system for sale as a franchise to entrepreneurs interested in very quickly starting and building their own executive recruitment business.
Why be involved in the Interim Management and Executive Recruitment industry?
Executives Online leverages technology to access a proprietary global talent bank of skilled resources to supply appropriate talent to business clients. The candidates can be leveraged either on an interim management or permanent executive placement basis.
Interim Management is defined as:
“The provision of a mature, professional manager, well qualified by relevant practical experience, either to fill a gap in permanent staffing or to deliver a specific business result within a limited time period.”
Permanent Executive Recruitment is defined as:
“The provision of a senior executive or manager, well qualified by relevant practical experience, to fill a gap in permanent staffing requirements on a permanent or fixed contract basis.”
The aim of Executives Online as the Franchisor is to build a global network of offices operated by business owners (franchisees). In order to do this we have already partnered with organisations and individuals in territories where there is a strong market for Fast Track Executive Resourcing, yet we still seek further partners for UK expansion as well as in other global regions such as Asia Pacific, Continental Europe, the Middle East and USA.
As you will be aware, most senior level recruitment is undertaken by individuals or organisations with traditional ties and/or relationships to the recruiting company. Executives Online is challenging this approach. Our use of online client and candidate acquisition methods, and the global talent bank which continues to grow from these programmes, enables us to deliver diverse and successful placements faster and more cost-effectively than others.
Executives Online is not like any other franchised recruitment system available.
We offer professional services in two areas:
We operate one centralised recruitment system, deployed globally. This gives each of our franchisees complete, unfettered access to our CRM system and global talent bank. From day one you will have access to over 151,000 senior executives and access to all of our client records globally to assist you in developing your local relationships with potential clients.
We initiate centralised marketing campaigns and market research reports in the local economy that are focused on delivering new clients and candidates to your business.
We have a demonstrable track record with clients to deliver resource to the most challenging opportunities. We deliver EXACTLY the right candidate each and every time. Our success rate with clients is exceptional and we believe that this is because of our unique processes and systems that enable us to do this.
We will demonstrate our capabilities to you during your review of our business model and you will have complete access to our system from the very first day that your franchise is awarded.
Our first UK franchisee commenced trading in June 2006 and had an excellent first year with a turnover of £565k and a gross margin of £246k. We believe that the individuals setting up franchises in further UK and international territories may have the opportunity to greatly exceed that in their first year and over the next five years build a business, with multiple recruiters working in the business, turning over £5m+ and yielding in excess of £2m gross margin and a 35% PBIT after drawings. At standard industry multiples, such a business could be worth circa £2m+ in a trade sale. Are you capable of building that size of professional services business for yourself?
The franchise package includes access to our global talent bank of over 151,000 senior executives and other freelance professionals selected from 230,000 applications, along with training, documented business processes, and our market-leading recruitment technology infrastructure. All franchisees benefit from our significant marketing investment. For new franchisees outside the UK, we will design and construct your website and assist in the implementation of online marketing programmes for you.
Where do we want to open in the next 12 – 18 months?
We are presently seeking franchise partners in international markets. We are especially interested in identifying franchisees for the Asia Pacific Region, ideally Hong Kong and Singapore as well as the USA (ideally New York).
Who does this opportunity appeal to?
This can be a rewarding new venture for a senior executive who has already operated in a variety of executive roles, or for a company providing related business services, to establish a business providing senior or interim executives to others.
Many successful recruitment agencies, including Executives Online, began this way.
Perhaps our franchise offer may be of interest to you or someone you know. Becoming an Executives Online franchisee enables an individual with a good network of business contacts to very quickly start an executive recruitment agency providing interim management staffing and fast permanent recruitment.