Evaluation of Angel Broking Franchise.
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. Due to many years broking, angel broking has an experience and it is well known in Mumbai.India. 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 known for both broking and broking franchise as it has 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.
Angel broking franchise is divided into three types. These are, sub-broker, master franchise, and remisier. To start with is the sub-broker or the angel broking business partners that have a low investment plan for the angel broking. It harps a wide range 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. The customer service, assistance in marketing of the business, the technical support are just but a few of the products that it provides to the clients. 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 Through offering customer support, it also offers a link with a dedicated relationship manager.
There is sufficient training given in form of seminars, sessions, and webinars among others. From time to time this is imparted to the staff and the sub-brokers. There is also access to software for tracking the performance of various deals and advising them. The benefits of angel broking sub broker is that it has 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 a program that requires one to have a good infrastructure as well as a handsome investment amount. The profits of the angel broking master franchise are, 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. This model has the following advantages, very low initial investment, attractive commission and a very easy on-boarding process.