SHAREKHAN FRANCHISE / SUB BROKER / PARTNER REVIEW

About Sharekhan Franchise

ShareKhan – an established business with 16 years in market and a huge customer base offers two models of partnership –  Remisier and Power Broker. Both the models are a part of Sharekhan franchise. It currently has around 2000+ broker set ups in around 570+ cities.

Sharekhan Remisier –

It can be termed as a commissioned dealer. Under this deal, one earns for every new client referred. It is a good opportunity for one who has strong relations with high net worth individuals as it does not require a person to set up a proper office infrastructure – just connect with prospective investors and make them a part of ShareKhan customer base.

Sharekhan Power Brokers or Sub Brokers –

Under this model, one needs to have decent set up. The power broker or sub broker can acquire and serve client who trade online by themselves. For this model, ShareKhan offers various customisable and flexible service options for clients. It also tags a dedicated relationship manager for Equity sales, Risk Monitoring and Operations related issues. The technology, service and marketing support is entirely taken care of by ShareKhan. It also ensures that these set ups are well educated and well trained with various procedures, various portals and various offerings of ShareKhan. The key updates in market and the forecasts are time to time shared with the brokers so as to have an outreach to the huge customer base. The marketing support is the most crucial function for increasing the business and creating a win-win situation for the broker as well as the franchisor. It arranges client events/activities which help in increasing the visibility of the brand.

A synopsis of product/service range is provided below:

  • Equities;
  • Derivatives;
  • Commodities – member with MCX and NCDEX;
  • Currency – trades in USD, EUR, GBP, JPY;
  • Mutual funds;
  • IPO;
  • SIP – systematic investment plan;
  • Portfolio management services

Sharekhan Partner Revenue Sharing & Fees –

Once any person or company signs up with Sharekhan Franchise, then the franchisee can start the business with as high as 80% brokerage share depending on the volume of security deposit & also the number of clients with the sub broker. Sharekhan Franchise works on a flexible revenue sharing model as well where the brokerage sharing percentage depends on the performance of the sub broker. The Franchisee can start the business with as low as Rs.10,000 as minimum deposit amount. Sharekhan Franchise charges one of the lowest security deposits in the industry.

Sharekhan Sub Broker Offers –

Sharekhan provides a lot of offers exclusive to their sub broker’s aswell. One of the most known offers is their 80% revenue sharing model where franchisee gets 80% of total brokerage generation while sharekhan gets only 20%. 2nd exclusive offer which sharekhan provides is low minimum deposit of Rs.10,000.

Why Partner with Sharekhan –

Exclusive Offers –

Sharekhan’s sub broker offers are better than any other franchiser in the industry. Sharekhan’s two major offers like 80% revenue share & Rs.10,000 minimum deposit is unmatchable in the industry.

Marketing & Training Support –

Sharekhan provides all sorts of marketing support to their sub brokers. They also organize monthly events & training sessions for their business partners.

Advisory & Stock Recommendations –

Sharekhan provides free advisory support, stock tips & recommendations to their sub broker who further passes it on to their clients. Sharekhan is highly active in case of advisory backup as they believe that clients can be highly engaged with sharing tips & recommendations on regular basis hich further adds value to the business.

 

Find Review of Other Stock Broking Franchise here