Recruitment agency for small and medium businesses
Starting costs about $2,340 in the United States and 376,000 NGN in Nigeria. After 12 months, this business can bring in about $4,580 net per month in the United States and 1,130,000 NGN in Nigeria. The starting money comes back in about 4 months, with 40 hours of work per week.
Mundyo estimates, data as of 2026-11-02.
See the numbers for my countryFree, no account, in the currency of 243 countries.
The numbers
| Country | To start | Net per month (month 12) |
|---|---|---|
| United States | $2,340 | $4,580 |
| Nigeria | 376,000 NGN | 1,130,000 NGN |
| United Kingdom | £1,580 | £3,170 |
| Kenya | 102,000 KES | 160,000 KES |
| India | 53,000 INR | 117,000 INR |
Amounts adjusted to each country's price and income levels.
The problem
Small businesses struggle to find qualified people: no HR department, job ads with no good replies, and every bad hire costs months of salary and time.
The solution
You search, screen and assess candidates for a specific role, then present three to five checked profiles. The company only pays if it hires, with a replacement guarantee.
Your customers
Companies of 10 to 200 staff with no in-house recruiter, in a sector you know. Ideal if you already work in that sector or in HR.
How you make money
Success fee of 15 to 20% of the gross annual salary, often €4,000 to €6,000 per role. One successful hire a month at €5,000 reaches the target figure.
Competition
Large recruitment firms, temp agencies, job boards, LinkedIn and owners who hire by themselves.
Who has an edge
A former recruiter, HR manager or professional from a trade knows the right profiles, speaks their language and already has contacts. They hire faster than a generalist firm.
The risks
No payment until someone is hired. Reaching one hire a month often takes 6 to 12 months and real sales skills. Employment and personal data rules must be followed.
The first 3 steps
- Choose one sector and two or three jobs you know well
- Write to 30 business owners in your network to get a first role
- Prepare a simple contract: success fee and replacement guarantee
How the numbers are calculated
Example in a high-income eurozone country, at month 12: revenue €5,000 − costs €1,800 = €3,200 net per month. Revenue: 1 successful hire a month × €5,000 fee. Costs: job boards, LinkedIn, ads, travel, insurance, social contributions. For other countries, Mundyo adjusts the starting budget to the price level (World Bank) and the income to prices and customers' purchasing power, then converts at the day's exchange rate.
Frequently asked questions
How much does it cost to start: Recruitment for SMEs?
About $2,340 (United States), 376,000 NGN (Nigeria), £1,580 (United Kingdom), depending on the country. Mundyo calculates the amount for 243 countries.
How much can you earn per month?
After 12 months, about $4,580 (United States), 1,130,000 NGN (Nigeria), £3,170 (United Kingdom) net per month, after costs.
How long until I get my starting money back?
About 4 months, with 40 hours of work per week.
What are the risks?
No payment until someone is hired. Reaching one hire a month often takes 6 to 12 months and real sales skills. Employment and personal data rules must be followed.
Where do I start?
1. Choose one sector and two or three jobs you know well 2. Write to 30 business owners in your network to get a first role 3. Prepare a simple contract: success fee and replacement guarantee
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