What is the cost of recruiting a franchisee?
So how much does it cost to recruit a franchisee?
On average it costs around £7,500 - £8,000 per franchisee recruited. Although some franchises can spend significantly lower than that figure to recruit franchisees.
Recruiting franchisees will require planning and creativity in the recruitment approach.
Franchise opportunities are commonly promoted through web portals, print media and franchise exhibitions. Although social media is now also being effectively used to improve the cost efficiency of a recruitment campaign.
If you have a recruitment campaign that focuses mainly on social media, you can have a lost cost campaign.
The cost will depend on what aspects you choose to use for your recruitment campaign.
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