Evaluation of Angel Broking Franchise.
The angel broking franchise is the largest in India with very many sub-brokers ecosystems. 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. Due to many years broking, angel broking has an experience and it is well known in Mumbai.India. This is with a reason to it having most innovative techniques in terms of marketing strategies. 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 known for both broking and broking franchise as it has very many sub-brokers. There are a variety of services and products that angel broking provide to its sub-brokers that are flexible in commission sharing with their partners. Below is a detailed evaluation of this.
There are three of division in the angel broking franchise. These are, sub-broker, master franchise, and remisier. first, there is a low investment venture, a program that is in sub broking or the best know angel broking business partner. It harps several sub broker in the country. It has a quick three day registration where the third day, a client can get the sub broker registration number from BSE/NSE. The clients are provided with a variety of products which includes, customer service, assistance in marketing of the business, the technical support, and many others. There is a security deposit which is refundable for anyone who is interested in becoming a sub-broker. 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.
There is sufficient training given in form of seminars, sessions, and webinars among others. This is imparted to the staff and the sub-brokers fr0m time to time. 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.
Angel broking master franchise is a model that allows one to have a monopoly of broker ship in a defined area. This investment requires one to have a decent infrastructure and a handsome investment amount. This model has advantages of 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.
Lastly, is the angel broking remisier which has a very simple company agent model where the agents get the prospects to open a demat account and trading purposes. There are a very low initial investment, attractive commission and a very easy on-boarding process which gives the benefits of this model.