The Investment

The Licence Fee required for a Recruitment Set-up Company franchise is only £12,995 plus VAT. Franchising is a fail-safe way to go it alone. It is statistically proven that franchise businesses are five times more likely to succeed than independent business start-ups.   However, if franchising is not for you, a stand alone contract can be arranged Additionally, you will require a modest amount of working capital which can be discussed when we meet. Funding may be available subject to status.  Your income is generated by fees charged to your clients for services rendered. These figures can vary significantly depending on; the type of client, the staff recruited and the type and duration of contract.  The most important factor governing your level of income generation comes naturally from your own efforts and aspirations.

As a guide to potential returns we give below, the typical gross profit figures for owner managed business with only modest progress.

  Gross Profit
Year 1
Gross Profit
Year 2
Small Office
(2 staff)
£70,000 £120,000
Progressing Office
(3 staff)
£100,000 £150,000

 

Obviously, operating at a different or more high profile level will produce vastly different returns. At a face to face meeting we can indicate the returns more appropriate to your own aspirations for your business.  

For guidance purposes though, Richard Mellor started Cooke and Mellor Recruitment from his back bedroom in February 1990 and his Gross Profit in year one was over £46,000 this year it was over £1,300,000 AND IT IS STILL RISING!