Sub broking is an interesting field to venture into an authorized person acting as an intermediary between the stock market and investors in capital market segments. When you become a sub-broker, you will be helping stock investors in the process of buying and selling the shares to make the profit. Sub-broker is expected to be registered with SEBI. Given in this article are some of the reasons you should belong to stock broking franchise in India.
Working as a partner in the exchange market with a stock broking franchise in India, helps you get the highest revenue share. In the sub broking, the partner of the sub-broker will keep the most top brokerage generated by the client considered to the amount the franchiser gets.
The benefits of becoming a sub-broker in India is that you don’t require a lot of capital to invest in the business. To start the business, you will only be required to pay the security deposit to the franchiser, but most of the times the franchiser will not ask you to make any minimum deposit.
To begin with, venturing into the exchange market as a sub-broker, you get the marketing and training support that you may require. Most of the franchising companies in India, are large companies that are able to supply you with every training that you require us a sub-broker on marketing and other techniques. The franchiser will most of the times provide you with marketing tools such as banners and leaflets that can help you sell yourself. They can as well as organize seminars for the sub-brokers training them on different aspects of managing a business.
The other benefits of becoming a sub-broker is that you get advisory support. Investing in the stock market has never been easy without proper advice and a source of information especially know that you have to advise your clients on how to generate more revenues. The franchiser will offer you advice that is tips and recommendations that can help you support your clients to generate more revenues because it is also the advantage of the parties involved.
One of the most interesting things that will experience as a sub-broker is getting products, services and offers the moment they are launched. Being the first person to receive such information, will help you to give your clients first information before it gets to the market, meaning that the client will be able to benefit from new products, services, and offers.