Frequently Asked
Questions
Everything you need to know about opening and successfully running your own FPC franchised office.
Low operating and NO inventory cost! Initial start-up costs include Franchise fee, small office space, laptop computer, software subscriptions, insurance policy, and phone system. For more information, reach out to FPC for an initial consultation call.
Executive recruiters typically charge the hiring company a percentage of a new hire’s first year salary. Industry standard for most searches is in the 20-30% range. Searches can be conducted on a contingent basis, or retained (money down) basis. Other opportunities include FPC’s robust Exchange Network for sharing jobs and candidates, as well as contract staffing for temporary assignments.
Yes. A territory for your physical place of business is granted for a specific area, typically delineated by zip codes, county lines or highways. However, you may fill job orders inside or outside your territory.
Typically, after our training period is completed, the new franchise will have everything it needs to successfully operate. In today’s fast-paced, high-demand talent market, hiring companies need access to talented people.
FPC University is our in-house professional development training program that is fully included in your franchise fee. We hold live training classes once a month, open to our entire network covering hot button issues and day-to-day strategies for success in our business. We host industry experts to cover on-going and timely matters including, but not limited to, immigration law, Diversity, Equity and Inclusion (DEI), and relocation. We also organize and host opt-in training workshops on all aspects of the placement process.
We hold quarterly Owners Forum calls to discuss operational best practices on running your business.
We invite our vendor partners to host extra credit FPC University classes to provide support and training on software upgrades, new platforms, etc.
FPC University has a recognition program that celebrates and rewards top performers. FPC University co-sponsors an annual trip for its Platinum and Platinum Elite Recruiters recognizing all who achieve $250k and greater in annual production.
Yes. FPC’s Exchange Network provides a forum for FPC owners and their recruiters to share job orders and qualified candidates with other offices for split placement fees. Historically, it has been very effective as an additional resource to continue to deliver best in class service to your clients.
Yes. The company will finance the franchise fee.
Yes. There is a program that enables you to use your retirement funds and immediately start-up your new business. You can invest these funds on the start-up of your own franchise without taking a taxable distribution or incurring penalties.