MRINetwork Franchise FDD, Costs & Fees (2025)

MRINetwork is a global executive search and recruitment organization, helping companies find top talent for critical positions across various industries.

MRINetwork is a global executive search and recruitment franchise founded in 1965 in Cleveland, Ohio by Alan R. Schonberg. It is now headquartered in Goose Creek, South Carolina, with corporate offices supporting a network of over 250 independent firms across more than 40 countries.

The franchise began expanding through franchising shortly after its founding, pioneering employer-paid and contingency search models. In 2005, it rebranded as MRINetwork to reflect its growing international reach. In recent years, the company has expanded its offerings to include contract staffing and enhanced digital capabilities.

MRINetwork provides executive, managerial, and professional talent solutions. Its services include retained and contingency search, contract staffing, project outsourcing, and vendor recruitment. Franchisees gain access to comprehensive training through MRI University and advanced recruiter technology.

MRINetwork sets itself apart with more than five decades of experience, a proprietary training platform, and an early embrace of flexible recruiting models.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $40,000
Real Estate and Improvements $0 - $2,000
Computer Hardware $0 - $4,500
Applicant Tracking System $900 - $2,100
Online Recruiting Software $1,100 - $6,100
Cabling for Office $0 - $1,900
Internet $0 - $300
Office Furniture $0 - $3,000
Licensing Fees $0 - $300
Initial Office Supplies $300 - $500
Business Insurance $1,750 - $2,000
Professional Services $0 - $2,500
Miscellaneous $0 - $500
Salaries – Researcher $0 - $6,240
Salaries – Account Executive $0 - $9,000
Salaries – Project Coordinator $0 - $9,000
Printer (All-in-One) $0 - $150
Additional Funds (3 months) $0 - $6,000
Total Estimated Initial Investment $44,050 - $96,090

Franchise Disclosure Document

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Training

MRI Network provides several types of training programs to support its franchisees:

  1. Initial Training Program: All new franchisees undergo an initial training program designed to prepare them to operate a Management Recruiters business. This program covers the business systems, tools, processes, and industry knowledge necessary for successful operation.
  2. Jump Start Program: If a franchise is sold to a new buyer, MRI Network charges a Jump Start Fee to cover administrative and training costs associated with onboarding the new owner. This program is specifically designed to provide incoming owners with a strong start.
  3. Annual Owners’ Meeting: Attendance at this event is mandatory. It provides ongoing education, networking, and updates about the system. While travel, lodging, and meals are at the franchisee's expense, MRI Network charges a registration fee which has typically ranged from $500 to $700 per attendee.
  4. Optional Additional Training Programs: MRI Network may offer optional training programs to franchisees who are not in default of their agreement. These programs are not required, and franchisees are not obligated to pay unless they choose to attend. MRI reserves the right to charge a fee for these programs, with prices published in advance and varying by program.

Territory Protection

MRI Network does not guarantee exclusive territory protection to its franchisees. While the franchise agreement may define a specific territory for the operation of the business, the franchisor reserves the right to compete within that same territory.

This means MRI Network or its affiliates can establish or service customers in the same geographic area as a franchisee without restriction. The agreement typically outlines certain conditions under which territory definitions apply, but these do not constitute full protection from competition.

Franchisees are thus advised to understand that while they may receive a territory designation, it does not prevent direct or indirect competition from the franchisor or other franchisees. This can affect market potential and franchisee autonomy in that region.

Number of units

2024
Franchised units

246

203

170

Company-owned units

0

0

0

Total units

246

203

170

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