For existing search firms, there is a one-time initiation fee of $7,500. Royalties are paid on the cash-in of your office. Existing search firms are on a tiered schedule of 5.5% of revenue up to $2mil, .25% on $2mil+. No royalties are due in the first 90 days.
The term of our initial agreement is five years, however – if you desire to leave after the first two years, the agreement provides for a buy-out option of a payment of one year of your royalties. At the end of the fifth year, you could choose to exit without any payment or the agreement would continue and simply require a six month notice to exit without any fee.
No, you do not have to change anything; you retain all of your current email addresses, website, phone number, etc. You will be listed on the main www.sanfordrose.com website and we will work with you to determine how to best add the co-branding additions to your website, collateral material and the like. We help you build your brand while allowing you to avail any benefits of the SRA brand.
No, territories are a quarter mile from office location.
We have no ability or desire to mandate the way you do business. We are here to support you in the implementation and achievement of your vision, but it’s your vision.
SRAI was a well-established franchise when we acquired the entity in 2012. Whereas a franchise provides for far more mutual commitment and has more protections for both parties, disbanding to simply be a network would not have allowed us to provide the scale of resources, to include procurement, as we presently have today.
Building something that is a true industry game-changer and that has never been done before is the legacy we strive to create.
We love helping firms achieve their goals, and being able to do so within the framework of a like-minded group of fun-loving entrepreneurs is what we are all about. Imagine a few hundred search firms all in pursuit of building the search firms of their dreams, who respect each other’s individuality but know that together they can achieve far more collectively than they would individually.
Operating from abundance and the concept that a ‘rising tide lifts all boats’ is baked into the cultural DNA of our team. We all have a gap between our achievement and our potential, and the gap between those is the journey of the next level.
Of course, as soon as the gap closes, a new potential opens up. Like a journey to the end of a rainbow, the pot of gold is the journey itself, and we welcome you to join us together on that journey!