Sharekhan is one of the leading brokers in India and offers extensive sub-broker programs. The company enables exceptional development aids for the sub-brokers to enhance their business reach. Moreover, the company has also launched numerous models concerning ease of adoption for business associations including varying risks and return appetite. The company also offers a wide range of training programs combined with promotional offers to foster ease in business operations and development. Presently, the company has more than 2700 sub-brokers in over 580 cities. The franchise program at Sharekhan functions at a varying model of commission. Certain factors determine the sharing of revenue among different clients. These factors are,
- Revenue generation volume
- Security deposit amount
The revenue sharing among the sub-brokers can grow up to 50 % to 70 % as well. The franchise owners making higher deposits have the option to negotiate up to 70% revenue share or commission. It applies to the applicants, who are generating potential business for Sharekhan. They can also negotiate at 70%. Options for franchise association include
- Power Brokers and Sub Brokers
- Independent Financial Advisors
There are numerous benefits of choosing Sharekhan’s sub-broker program as the company promotes customized solutions in order to accelerate the value of clients. They also allow the clients to get the assistance of relationship managers, who will support improvement in sales and operational efficiency while suggesting methods to minimise the risks.