SKI Capital Franchise is a full-fledged stock broking franchise. It serves its clients with various financial services and products. And, functions with the aim of providing them with huge financial gains.
The franchise is listed with National Stock Exchange and Bombay Stock exchange. It provides all stock trading facilities to its clients. It also provides depository services and commodity exchange. They possess the latest technologies to conduct online trading.
In this article, we will provide SKI Capital Sub Broker review. It’ll help you to understand their weaknesses and strengths. It’ll consist of the following:-
- The purpose of their formation. This part will describe about the place and year of their incorporation. It will provide a brief about the person behind their existence.
- The business association models they use to associate with business partners. This part will explain how these models are used to distribute the business rights. The benefits of business models are also laid down in here.
- The revenue-sharing models adopted by the franchiser.
- The business-related offers provided by the Franchiser.
- The security deposit schemes of the franchiser.
- The details of their business upliftment and training programs. This part will explain the advantages of these programs for the associates.
- The conditions associated with becoming a business partner. This part will explain all the clauses to be fulfilled by a partner. It’ll brief the required education qualification and experiences.
- The step-by-step guidance to the application procedure for registration. Following these steps will help you fill the application properly and get the franchise rights.
- A conclusion to help you make an informed business decision. This’ll inform you as to why or why not to partner with the company.
SKI Capital Franchise Customer Ratings & Review
|SKI Capital Franchise Ratings|
|Products & Services||5.5/10|
About SKI Capital Franchise
SKI Capital Franchise was registered in New Delhi in the year 1993. Mr. Manick Wadhwa is the founder of the company.
The franchiser has been serving their clients with flawless expertise. They have an experienced team responsible for their excellence.
That’s why they are one of the leading financial advisors in India. The credit for their success goes to their founder and his consistent efforts. Till date, they have served huge and diversified clients.
Beside stock and depository services, they deal in derivative trading. They take about 45 days to activate a new Sub-Broker’s Code. However, they have a comparatively shorter payout time. In fact, they only need 28 days to clear the commercial settlements with their associates.
Become an Authorized Pers0n of SKI Capital
Types of SKI Capital Business Models
SKI Capital Franchise has adopted the Sub Broker model to distribute their business rights. Presently, they do not use any other business model.
They solely concentrate only on the sub-broker model. And, it completely makes sense to not use any other models. As, this business model has proven to be rather beneficial.
- Sub Broker / Authorised Person
SKI Capital Sub Broker or SKI Capital Authorized Person
The franchiser has a profitable sub-broker model in place. It is a strict business model that demands effective teamwork. Success of this business model requires passionate business associates.
We are talking about proactive people. People who can commence business on franchiser’s behalf. And, in return it provides huge benefits. In fact, the associates can avail many rights.
The associates can distribute the franchiser’s products and services. It allows the associates to use franchiser’s brand identity. No questions asked! The associates can distribute the franchiser’s trading platforms’ access.
They can provide their clients with extra benefits. And, it doesn’t end here. The franchiser has no restrictions on associates’ activities. However, the associates should follow the franchiser’s standards.
There are a few drawbacks to this model as well. It doesn’t allow the associates to enjoy business monopoly. There are restrictions on area wise business dominance. And, the associates must abide by these restrictions.
Other than these, there are no interventions from the company. These facilities come along with huge revenue shares. In short, the associates get paid handsomely for the business they bring.
Benefits of SKI Capital Authorized Person
The SKI Capital Services sub-broker model is very beneficial It grants huge financial gains. But, that’s not the end. There are other benefits linked to it. So, here’s the complete list of advantages offered by this business model:-
- Unrestricted provision to brand identity usage. This business model enables associates to use the franchiser’s brand name freely. No strings attached. And, the established brand reputation helps to attract more customers. Simply stating, more customers imply more business.
- It grants the license to execute business on franchiser’s behalf. And there are no limitations to business quantity. This means that the associates get to decide their efforts. This also means that they get paid as per their efforts. In short, they are in complete control of their business. They get to decide how much profit to generate.
- It grants the associates handsome payouts. With a huge commission rate, more business means higher earnings. And, with no restriction on business quantity, the opportunity for earning is unlimited.
- It enrolls the associates for tactical business uplifting programs. These programs consist of training for acquisition, dealing and product.
- It grants access to franchiser’s trading and back office support. The programs can boost the performance and growth in no time.
- It ensures freedom related to business operations. The franchiser does not intervene in the daily activities. This means that client data can be managed by the associates.
SKI Capital Partner Revenue Sharing or SKI Capital Sub Broker Commission
The revenue sharing scheme followed by the franchiser is unique. They offer a revenue sharing rate starting from 60 %. The maximum rate of commission is 75 %. The rate differs on the basis of two factors.
One, the arrangements between the associates and the franchiser. And, two, the profit earned on selling different financial articles.
Refer to this Table for clear picture:
|Revenue Sharing||Clients Share||SKI Capital’s Share|
|Sub Broker||60% – 75%||25% – 40%|
Start your Broking Business with SKI Capital
SKI Capital Franchise Cost or Security Deposit
The Sub Brokers need to submit a security deposit amount. This is similar to most other finance and broking companies. The franchiser charges a minimum of Rs. 50,000 as security deposit from the sub-brokers.
As compared to other companies, the amount is quite nominal. And, it can be paid off easily considering all the benefits.
Check this table below for better understanding of SKI Capital Franchise Cost:
|Sub Broker||Rs. 50,000|
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SKI Capital Franchise Infrastructure Set-up Cost
The company requires the associates to have certain infrastructure. It is mandatory for the associates to have these. So here are the required facilities are listed as under:-
- An office with an area of at least 200 sq ft.
- Minimum 3 persons as staff to conduct the day-to-day business activities.
- An active Internet connection for online trading. All the communication must be carried out through the Internet connection.
- Active trading channels to conduct easy online trading of stocks. The terminals must be industry grade.
- An active telephone connection. It is required to carry out daily connection needs.
SKI Capital Sub Broker Offers
SKI Capital franchise provides their associates only with two offers. And, we have mentioned them below:-
- 10K Initial Deposit Provision.
- Flexible Revenue Sharing Provision.
The offers can easily be availed by all SKI Capital Authorized Person once they register with SKI Capital.
Here is the list of other Sub Broker Franchise with Great Offers:
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SKI Capital Franchise or SKI Capital Authorized Person – Eligibility Criteria
Before discussing the criteria that are exclusive to SKI Capital, it is important to take a note of the statutory & regulatory requirements.
All of the franchise’s business partners must fulfill some conditions. And, this requires the applicants to hold certain qualifications and experiences. And, we have provided the entire list below:-
- The business partners must possess an experience of two years or more. This must be in the field of stock broking and trading.
- The educative status of the associate must be plus two or more. Proof to this must be provided at the time of registration.
- The business partners must hold a valid certificate issued by NSIM.
- The business partners must know all about franchiser’s products and services. Detailed knowledge is not required.
- The business partners must be able to operate MS office. This must be used for daily business purposes.
How to become a SKI Capital Sub Broker or Authorized Person?
Registering as a business associate of SKI Capital Services Ltd is simple. Just follow the procedure mentioned below. And, you will be good to go. Make sure to fulfill all the required criteria before proceeding ahead:-
- Click on the “Become a partner / associate” button located at the end of this section.
- Next, you will land on the application page. Duly fill out the application form.
- Upload the documents as required in the application. On completion, click on “Submit” to submit the application.
- After submitting your application, wait for a call from the franchiser. Their representative will give you a call posts that. You can expect the call any time after the submission.
- Once your application is accepted, you will be granted the business rights.
Documents required to become SKI Capital Authorized Person
One needs to submit a minimum of the following documents:
- SEBI Registration Certificate
- GST Registration certificate
- A Cancelled Cheque
- Academic/Education Certificates
- Birth Certificate
- Investment Proofs
- PAN Card
- Proof of security deposit made
- Passport sized photos
Check the list of Stock Market Franchise with quick Sub Broker tag generation process:
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Why Partner with SKI Capital?
There are many reasons for partnering with SKI Capital Franchise. Some important ones are listed as under:-
- Their revenue sharing payout is among the highest in the industry. This makes their sub-broker model quite promising. It provides great potential for huge financial gains.
- They provide growth oriented uplifting programs to the associates. They ensure the development of their associates’ business. This happens through training and support.
- The clients do not need to have any Margin Money balance.
- The brokerage charged to their clients for various services is nominal.
SKI Capital Conclusion
SKI Capital Services Ltd is a well-established financial and stock trading company. They provide the best services to their clients. They even provide many high-paying offers to their business associates.
If you are looking to partner with a stock trading company, they are an ideal choice.
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Start your Broking Business with SKI Capital
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