What is franchising?
Franchising is the legal license provided by a company (franchiser) to an individual or group of individuals (franchisees) to carry out its business which can be mutually beneficial to both. It is a business in which the owners, or franchisers, sell the rights to their business logo and model to third parties, or franchisees.
Franchises are an extremely common way of doing business. The franchisee is said to have a greater incentive than a franchiser because he/she has a direct stake in the business.
There is a reason why franchising has been around for decades. That’s because it is a great way for individuals to own and operate their own business.
Did you know that franchised business has 90% success rate in comparison with individual business? In fact, India is known as one of the biggest franchising markets in the world!
What are the advantages of becoming our Franchisee?
- Consumers are always more comfortable dealing with a familiar name or company they trust.
- We provide extensive training and real time chat support to the franchisee.
- Since we already have a business model in place you can focus on running a successful business.
- We use State-of-the-art internet and intranet technology.
- Our system includes recruitment and sales tools to generate and deliver on assignments.
- We generate quality leads through extensive marketing and promotional methods.
- We provide full training and support along with business planning assistance.
Why should I Sign Up?
You earn 90 % revenue share of each and every position that you close on the Recruitment Services, If you provide or source clients using your own contacts and fulfill their staffing requirements, you earn 90% of the net billing.
You will earn 75% If you are generating revenue on the HR Training Services, we will be providing the Course Materials & Certificates to the Candidates, which is coming from USA.
Assured monthly income.
Low investment with minimum risk.
High ROI (return on investment)
Centralized Invoicing and Payment Collections processed through our system at our head office enables you to focus on generating more business.
What are the pre-requisites of starting up ?
- Around 1000 to 1500 sq. ft. (or more) of commercial or semi commercial space.
- Franchise Fee of Rs.5,00,000/- + Service Tax (For Placement & Outsourcing Services). This will be a one-time non-refundable charge. There are no extra or hidden charges.
- Education Partner Fee of Rs.10,00,000/- + Service Tax (For HR Certification & Training For more details visit https://www.iihr.edu.in ). This will be a one-time non-refundable charge. There are no extra or hidden charges.
- Good communication and entrepreneurial skills.
When and how do I get paid as a franchisee?
- Closure of Positions: HR Global will release the payments once on the 28th of every month for all positions that are closed during the preceding month. For E.g. Your payment will be sent to you on the 28th of April for all closures of positions for the month of March. You will receive the payment for a closure only after HR Global receives the payment from the client.
- Your share of the earnings can be directly deposited to your bank account via NEFT. Or you can opt for a Cheque to be couriered to your mailing address.
Will I be entitled to any reimbursable expenses related to the business?
No, all business related expenses will have to be borne by the franchisees.
I run an existing Recruitment Business. Can I still take up your franchise?
A franchise can be granted to you as per the normal qualification process. However, on receiving the same, you will need to continue and comply only with our norms and franchise format. At the time the agreement expires all your existing clients will have to be empanelled with HR Global.
Do I need to undertake promotional activities to promote my business?
Local advertising is optional. Advertising on a local level will have to be funded by you based on the format in content and design as deemed appropriate by HR Global.
Can I directly contact the clients?
Yes. You can also contact the clients. But we prefer a single point of contact and follow up process with all our clients.
Will anyone else be given a franchise within my territory?
No. You will be given territorial rights in your locality and will be solely responsible to cater to the staffing needs of our clients within your zone.
Do I need to meet any monthly target?
Yes. To make sure clients in your territory receive satisfactory service you will be required to close at least 5 positions in any given month. And of course, it goes without saying that the more positions you close the more money you earn. Also you can earn instantly by giving HR Training Admissions.
Till how long can I remain as your franchisee?
An agreement will initially be drawn for a period of One year and can be renewed every year.
How do I know my candidate is selected?
Always keep a track of your candidates from sourcing to selection. After candidates join please contact Bangalore Head Office with the details for Invoicing.
How soon can I get started as a franchisee?
It usually takes around 7-10 business days once your payment is received and the agreement is signed.
Can I visit your office?
Of course you can and are most welcome to do so. We are open on all days except Saturday & Sunday between 10.00 AM and &.6.00 PM. Just make sure you call us and fix an appointment before coming at least a day in advance.
What will be my job as a franchisee?
HR Global will provide you a login user name and password to a major job portal, which will give you access to its large database of resumes and job seekers. You will also receive business from us (vacancies/positions) which we receive from our clients on a consistent basis every month to work on.
Your job will require you to login to the job portal database using the user name and password we provide you and search, short-list and contact prospective job seekers by email or phone for interviews for every relevant post we send you for our clients.Our team of expert consulting professionals will always be there to assist you all the way providing you access to our back office system and recruitment software.
After you match the job requirements with the job seekers and are satisfied that the match is perfect you will need to send us the resumes of those candidates you have selected. We will forward those resumes to our clients after making modifications to the resumes if necessary.
If our clients find the selected candidates suitable for the vacancies they will be appointed by the respective companies after the interview. We receive our service fees as per the terms decided in the agreement with the client which is usually 8.33 % of 1 month’s net salary of the candidate appointed. Candidates are not charged for the services. This service fee is shared between you and HR Global in the ratio of 90% (that goes to you) and 10% (which we retain.)
Besides this we expect you, as our franchisee, to appoint someone to source local businesses which would balance the business composition. Local clients would add up to the revenue for you as well as for HR Global apart from our clients that you would be getting from our sources. The clients you will source will fetch you 90% and HR Global will keep 10% of the proceeds
I am interested. How do I become a Franchisee?
You can collect the Franchise Agreement and Application Form from our Head Office @ Bangalore.
Print the Franchise Agreement on a Rs. 100/- Stamp Paper.
Sign and fill both the documents.
Prepare a Cheque or DD for the Franchise Fee payable at Bangalore in favor of HR GLOBAL SERVICES INDIA LLP.
Make a Xerox of an ID Proof such as a driving license or PAN card.
Make a Xerox of an Address Proof such as your ration card or electricity bill.
Print 2 Passport size photographs.
Contact Us !!!
If you don’t see what you need or need to get in touch with us call or email us today. You can also take advantage of our Live Chat feature by clicking on the chat icon in the lower right hand corner of your screen.