Interesting Research on Franchises – What You Didn’t Know
July 1, 2018
Angel Broking Franchise Review.
In India, the largest broking franchise is the angel brooking franchise since it has the largest number of the sub-brokers ecosystem. The important features of the angel broking partner program, angel broking sub-brokers offers and angel broking franchise revenue share models are the components that this article seeks to review in depth. In Mumbai, India, angel broking is well known for its many years of service in broking. In terms of, marketing strategies, angel broking has the most innovative techniques. There are very many branches in the cities and across India as well as sub-brokers in all the cities and spread in India that is run by the angel broking.
Angel broking is not only known for broking but also it is best in broking franchise with very many sub-brokers. They provide a variety of services and products to their sub-brokers that are flexible in commission sharing with their partners. The following is a detailed review of this.
The angel broking franchise can be split into three categories. They include, sub-broker, master franchise, and remisier. To begin with, angel broking sub-broker well known as the angel broking business partners is a program with low investment venture of angel broking. It harps the highest numbers of sub broker in the country. This has a faster three day registration where the client can have a registration number in the third day from BSE/NSE. It has a variety of products that provides customer service, assist in the marketing of the business, the technology support. For one to become a sub-broker, one needs to make a security deposit which is refundable. This offers no franchise fee involvement. As it provides marketing support, it also offers a tag with a dedicated relationship manager A tag with a dedicated relationship manager is offered due to the nature of customer support services offered.
It also ensures that there is adequate training in form of seminars, sessions, webinars and many others. From time to time this is imparted to the staff and the sub-brokers. Through the access to software, there is access to performance of various dealers and therefore advising them accordingly. There are profits that are associated with the angel broking sub-broker and they are, a flexible initial investment amount, flexible revenue sharing model, three day tag generation process, free demat account to sub-broker clients and sub-broker clients can open account in five minutes.
The model that allows the client to have a monopoly of broker ship in a locality is the angel broking master franchise. This investment requires one to have a decent infrastructure and a handsome investment amount. This is a category with various benefits that include, having a monopoly over an area, location or town, revenue sharing for sub-broker, large area to work upon without any direct competitor and an opportunity of building a large business.
To conclude, the angel broking remisier is a model with simple company agent model which requires the remisier gets the prospects for angel broking to open a demat account and trading purposes. The angel broking remisier has the following benefits, very low initial investment, attractive commission and a very easy on-boarding process.