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Being a sub-broker is very interesting especially now that you are an agent of the investors of the stock market in capital market segments. Primarily, the sub-broker will help the investors in buying, selling or dealing in stock. 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.
One of the benefits of being a sub-broker is that you get the high revenue share. When you make some specific amount of money through the process of being a client, the supporting company will get a low percentage of the share will get the hires revenue share and therefore becoming the most benefited person in that process.
The benefits of becoming a sub-broker in India is that you don’t require a lot of capital to invest in the business. This is because most of the times, the franchiser will not ask you for a minimum deposit because only a security deposit is paid to the franchiser.
The other benefits of being a sub-broker is that you get marketing and training support. Most of the times the franchiser is always a large organization and therefore the can provide you with also of support that you need when it comes to marketing as well as train you appropriately. You provide with marketing tools such as leaflets, banners, and so on. You don’t have to incur a lot of costs when it comes to keeping yourself with knowledge especially know that they franchiser organizes seminars and other workshops that any people you thoroughly with the knowledge you need to be successful.
In addition to training and seminars, you will also be offered advisory support. To be successful in the stock market, you have to be very up-to-date with relevant information especially on ways you can generate more revenue. Most of the times the franchiser will give you tips and recommendations that are likely to help you in your venture as a sub-broker that are likely to benefit your client and any other party 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. One of the benefits of being the first recipient of new products, services and offers from the franchiser, is that your client benefit a lot because the access information first then take advantage of it before other people know.