JUSTIFICATION FOR THE SUBSCRIPTION COST
RecruitEx is a unique and industry specific software solution, which has been developed to address certain risks and typical inefficiencies associated to the recruitment of franchisees. RecruitEx is not an advertising platform and there is no similar product or service to be able to compare the cost to, that we are aware of.
In order for any franchisor to be able to make a business decision on the value of the platform, the following considerations should be taken into account as they all represent a direct or indirect cost or benefit to any franchisor:
Alleviates wasted cost associated with the time it takes to sift through the time-waster enquiries
Time is wasted because your personnel has to sift through all the enquiries that are made, most of which are people that are not serious about your brand, then they have to have endless discussions and introductory meetings before sufficient profile research has been performed on each candidate in order to make a decision.
We save you time and TIME = MONEY
Saves wasteful expenditure on advertising that does not deliver
Advertising spend can be huge, especially on the wrong media, because the number of converted leads could not be related to the actual spend on such media. Pure numbers of unqualified leads only is not a true measure. We can tell you what advertising avenues are working and what are not, so you STOP WASTING MONEY on advertising that does not bring in the right applicants.
Dramatically reduces the wasted cost of a franchisee's rejected financial application
Funders/Investors often reject funding proposals because of insufficient information or incomplete research on the financial profile of a candidate.
We alleviate this problem by ensuring all the information is complete and feasible.
The cost saving as a result of sharing qualified leads
Assessed candidates can be shared between Franchises who opt to participate in out franchisors qualified leads exchange. At times a good candidate cannot be accommodated by a certain franchise for reasons such as insufficient own contribution in relation to set-up cost, geographical saturation or limited skills profile. These qualified candidates can be shared, thus saving you advertising spend to get new leads.
Cuts the cost associated with allowing a franchisee into the network that should never have been there in the first place.
Many people are chance-takers, or who buy their way into a franchise. Hindsight is a perfect science and it is often very clear after the event why a franchisee should never have been approved. We alleviate this problem for you by all the background checks and assessments we do.
Commercial and development financiers greatly value the Recruitex solution because of its risk mitigation value
which positively impacts on their credit decisions & fast turnabout time.
The exact monetary effect relating to the arguments presented in justifying the cost, can be deemed subjective and open to argument in terms of relevance to your business but the quantum remains meaningful.