Our Franchisor Needs a CTO but Can’t Afford a Full-Time One. What Are the Options?
A credible full-time CTO costs $300,000 a year or more once you load in salary, bonus, benefits, and the recruiter’s cut. Most franchisors in the 50-to-300-unit range look at that number and stop. They’re right to stop. The math doesn’t work at that size, and hiring one anyway usually means paying an executive salary for…
