Sharekhan Franchise – Business Models, Revenue Sharing & Investment

Sharekhan has been in the stock trading industry for almost 16 years. It has the support and foundation required to build a stable client network and maintain a profitable business.

With around 3500 sub-brokers across the country, Sharekhan has witnessed a strong growth rate in the past few years.

Both online and offline services are available under this organization to bring flexibility into the operations.

Pros:

High brand reputation
Multiple partnership/business model
Huge brand equity

Cons:

Offline services are not a strong suite
Sub broker revenue sharing ratio can be a bit higher

About Sharekhan Franchise

As a prominent retailer for stockbroking, Sharekhan is quite in demand among individuals for wanting to become partners with them. The business models are developed to earn maximum profit, and the partners can easily set up all the plans themselves.
The partners will receive access to the organization’s research and trading platform to provide services to the clients.

The partners can market the products to traders, investors, corporates, and NRIs. There are multiple types of investment plans available suited for all kinds of investors.

Types of Business Models

Sharekhan has designed 3 distinctive types of business models. They are discussed below in brief:

Power Brokers

Power brokers or Sharekhan Sub Broker are the advisors who are responsible for helping clients choose the prevent investment plan for them and assisting them in their trading journey. They act as active financial advisors, a marketer for the firm, and financial product distributors.

And if the partners require any help, the back office will provide the right type of training and research material to guide them.

Remisier

This business model is the best option if your strong suit is public interaction and marketing. Also, it is a good way to earn from a secondary source of income without committing to full-time.

There is no need for any infrastructure in the model. All you need to do is refer the services and products of the organization to your existing and new clients.
The team members of Sharekhan will handle the rest of the transactions and dealing.

Independent Financial Advisors

The last category of business models is the independent financial advisor. It is best for individuals who have experience working as financial advisors because by teaming up with Sharekhan, they will receive exclusive rights to deal in the Mutual Funds.

Each financial advisor gets to work with a relationship manager provided by Sharekhan, who will provide new clients to the advisor and help them with their investment goals.

Revenue Sharing

Sharekhan is known to have dynamic investment plans for its clients and revenue-sharing ratio for its partners. Each business model has a different revenue-sharing ratio calculated based on each deal’s commission.

Remember that some models require the partner/agent to meet certain monthly/quarterly targets to earn revenue. However, the organization ensures that more than 50% of the revenue goes to their hard-working partners.

Partnership Models Commission Revenue Share
Power Broker 30% 70%
Independent Financial Advisors 30%-40% 70%-60%

For remisier, the revenue depends on the number of clients who visit or start trading in Sharekhan using the partner’s referral link. Thus, the higher the number of clicks on the referral link, the higher the revenue.

Another broker with very similar revenue sharing is SMC Sub Broker program.

Investment

Sharekhan also required its business partners to pitch in an initial investment as a security deposit as they joined the ecosystem. It is also an amount the sub-broker must always maintain with the organization. It is a fund that will cover any default on the sub-brokers end. It is usually a refundable amount.

Partnership Models Security Deposit

Power Broker Rs.50,000
Independent Financial Advisors Rs.50,000

Apart from this, the usual investments will be required based on the workspace size, staff, and needed amenities to provide the best-in-class customer service.

Conclusion

If the write-up has given you all the needed information and is convinced to have a conversation with the organization, feel free to visit their branches across 600 cities and townships. Sharekhan is one of the easiest ways of earning big profits without needing much investment in setting up