Analysis of Angel Broking Franchise.
There are very many sub-brokers ecosystems in angel broking franchise and this makes it the largest in India. This article briefly evaluates in-depth analysis of angel brooking sub-broker offers, angel broking franchise revenue share models and other important features of angel broking partner program. In Mumbai, India, angel broking is well known for its many years of service in broking. This is with a reason to it having most innovative techniques in terms of marketing strategies. It has many branches that are spread throughout the cities and across India and their sub-broker business too, are spread in all the cities in India.
Angel broking services are both in broking and franchise broking that have several sub-brokers. The sub-brokers in angel broking are provided with many services and products that are flexible in commission sharing with their partners. Below is a detailed evaluation of this.
The angel broking franchise can be split into three categories. They include, 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 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. 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. There is a security deposit which is refundable for anyone who is interested in becoming a sub-broker. In this, there is no franchise fee involved. 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. 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.
There is a monopoly of broker ship in a defined jurisdiction that is allowed to the clients in the angel broking master franchise. In this category, one is required to have an excellent infrastructure and an attractive 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. This model has the following advantages, very low initial investment, attractive commission and a very easy on-boarding process.