Shriram Insight Franchise – Find Revenue Sharing, Investments, ROI Tenure & more

The following article discusses about the Shriram Insight Franchise. It provides an extensive guide on the various business models offered by Shriram Insight, including information on revenue structures, profits generated, and associated costs.

It also outlines the step-by-step process of becoming a partner with Shriram Insight and provides a list of necessary documents to submit.

Furthermore, the article presents an in-depth analysis of the advantages and disadvantages of becoming a Shriram Insight Partner, allowing readers to make an informed decision based on all available information.

Shriram Insight, a subsidiary of the well-known Shriram Group, is a retail brokerage firm established in 1995 by Shri R. Thiagarajan.

The firm has over 2800 franchise outlets and serves more than 225,000 clients in broking and 190,000 clients in the depository business.

It is a leading broker for NSE and BSE in Eastern India and a top DP for CDSL. Shriram Insight Sub Broker contract lasts a lifetime, and setting up the business typically takes around a month.

The firm began offering franchise operations in 2007. It has recently expanded into the RTA business, providing all-inclusive investment services to its retail customers.

Shriram Insight Franchise – Business Models

Check out 3 business models of Shriram Insight Sub Brokership.

Shriram Insight Sub Broker Model

Shriram Insight Sub Broker Model enables Sub Brokers to earn revenue by sharing a percentage of their earnings, typically between 60-70%.

This is a significant benefit for those looking to become Sub Brokers. The franchise fee to join ranges from Rs.25,000 to Rs.50,000.

Shriram Insight Partner Program

Shriram Insight Partner Model allows people to become partners and earn money through revenue sharing.

40% is the revenue sharing percentage for partners. To join, there is a franchise fee of Rs.10,000.

Shriram Insight Referral Program

Shriram Insight Refer and Earn feature allow individuals to earn Rs.250 by referring new clients to the company.

For example, if you have an account with Shriram Insight and refer a friend by sharing your referral link. If they open an account using that link, they will receive Rs.250 as a reward.

Shriram Insight Franchise cost for a Sub Broker ranges from Rs.25,000 to Rs.50,000.

As a Sub Broker, the franchisee can offer clients various investment and trading services and earn a commission on the transactions executed.

The costs associated with becoming a partner at Shriram Insight are Rs.10,000, which allows the franchisee to use the Shriram Insight brand name and logo.

A franchisee needs to bear infrastructure investment costs as well. The infrastructure investment ranges from Rs.20,000 to Rs.50,000.

The investment includes expenses incurred in setting up an office, equipment, and other necessary infrastructure.

Shriram Insight offers different commission rates for Sub Brokers, partners, and referral givers.

Its Sub Brokers have the potential to earn the highest commission, with a commission rate of 60% to 70% based on the revenue generated.

This means that if a Sub Broker brings in a large amount of business, they have the potential to earn a significant amount of money.

Shriram Insight Partner Commission has a flat 40% rate. Referral seekers earn a commission of Rs.25 per new client they refer to Shriram Insight.

This means they earn a fixed commission for each new client they bring to the company.

In summary, if you want to earn the highest commission, becoming a Sub Broker may be your best option.

It usually takes about 3 months for someone who starts a Shriram Insight franchise to begin making a profit.

However, Shriram Insight Sub Broker returns depend on where the brokers/partners set up their franchises, how well they can get clients, and the market conditions.

Franchisees should focus on giving excellent service and building good relationships with their clients to ensure their business is booming in the long run.

The team at Shriram Insight is always there to help franchisees, providing them with the necessary resources to succeed in the highly competitive world of financial services.

Shriram Insight Sub Broker Profits & Expenses

Check out Shriram Insight Sub Broker Profits, Profit Margin & more.

To calculate the revenue, one must multiply the number of active clients, the average daily number of trades per client, the average volume per trade, the brokerage fee charged per trade, and the number of trading days in a month case of Shriram Insight.

Based on their current 250 active clients, who each trade an average of 1 time a day, with an average volume of 2,40,000 shares per trade, and charge a brokerage fee of 0.25%, its total revenue would be calculated as follows:

Total Brokerage Revenue = 250*1*240000*0.25%*1= Rs. 1,50,000

The Sub Broker’s share is a percentage of the total revenue generated through brokerage, which is typically 70%.

This means that the Sub Broker would earn 70% or Rs. 1,05,000 (in this case) of the brokerage revenue earned by the brokerage firm.

We subtract this revenue from the estimated expenses incurred by the firm in a month to get the profit.

Hence, Shriram Insight Sub Broker profits can equal approximately Rs. 62,000, indicating a good 41% profit margin.

Shriram Insight Partner Profits & Revenues

Find out Shriram Insight Partner Profits, Expenses, Revenues & more.

Based on the exact formula for calculating the revenue, we obtain the total income as Rs. 1,50,000. The Partner’s share is 40% of the total revenue generated through brokerage, equalling Rs. 60,000.

Deducting the estimated expenses incurred by the firm in a month, Shriram Insight partner profits can equal approximately Rs.44,000, which indicates a profit percentage of 29%.

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Certain infrastructure requirements must be fulfilled to become a Sub Broker under the Shriram Insight Franchise Program.

The shop or unit area must be between 200-300 sq. ft. to accommodate the necessary equipment and staff. To manage the operations, a minimum of two employees are required.

Research and advisory services are optional, but compulsory equipment includes trading terminals, telephone lines, and computer and internet connectivity.

An air conditioner and CCTV setup are optional but can enhance the customer experience and safety.

By meeting these franchise infrastructure requirements, Sub Brokers can provide a professional trading experience to their clients.

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Shriram Insight Sub Brokers receive a wide range of services that help them save costs and attract new clients, listed below:

• Offers: Shriram Insight occasionally offers various discounts, promotions, or schemes to its Sub Brokers.
• Back-Office Support: This includes activities like customer onboarding, documentation, KYC (know your customer) compliance, and account management.
• Trading Support: The firm also assists its Sub Brokers with trading platforms, market analysis, research, and trading strategies.
• Advisory Support: It provides services such as managing investment portfolios, advising investment decisions, and providing information on market trends.
• Business Management Software: They also offer certain accounting software and customer relationship management tools to their Sub Brokers for managing their business and operations.
• Operation and Training Manual: Shriram Insight provides a guide outlining the operational procedures and policies of the organization (to ensure compliance) to its Sub Brokers. The training manual includes training and development programs offered by the organization.
• Client Interaction Training: This firm also sometimes renders certain training involving communication skills, sales techniques, and customer service.

Shriram Insight Authorized Person, also known as Sub Broker, receives marketing support in the form of interior and exterior advertisements.

Interior ads, such as posters and banners, are displayed within the confines of a physical location, while exterior ads, such as billboards and signs, are located outside.

This marketing strategy is designed to enhance visibility and attract customers to the Sub Brokers businesses.

Advertising can be a crucial component of a successful marketing campaign, creating brand awareness, generating leads, and driving sales.

Shriram Insight’s provision of this support is a wise investment in its Sub Brokers marketing efforts.

The firm’s Sub Broker program provides three types of training to Shriram Insight Affiliate Partners: Product Information Training, Dealers Training, and Service Training.

Shriram Insight provides training sessions to ensure that its Sub Brokers are well-prepared and capable of meeting the needs of their clients.

The training sessions include Product Information Training, which equips Sub Brokers with knowledge of the products they will offer their customers.

Dealer’s Training enhances the Sub Brokers sales and marketing skills, and Service Training focuses on developing the Sub Brokers ability to provide excellent customer service.

Shriram Insight Franchise offers a range of products to its Sub Brokers. They can trade equities and commodities and participate in initial public offerings.

The company provides access to a variety of mutual funds and insurance products, as well as demat services.

Sub Brokers also have access to stock recommendations and portfolio management services.

Shriram Insight offers exposure or limit, allowing Sub Brokers to trade with a higher value than the amount in their account.

Additionally, they offer a mobile app, web trading platform, and trading terminal for easy and convenient trading.

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Shriram Insight Sub Broker or Partner Dashboard

Check out the link to Shriram Insight Franchise Dashboard.

The Shriram Insight Partner Dashboard is a robust platform providing simple yet effective features to its users.

With its various tabs, users can easily keep track of their leads, revenue generation, and client conversion.

The dashboard serves as a one-stop shop for all of the user’s needs. It displays the number of trades made by each client and the corresponding revenue generated.

This makes it easy to determine the revenue share the user will receive from each client and calculate the monthly revenue.

The dashboard lets users track their leads and see which ones are being converted into clients.

Additionally, users can assist their clients in opening an account with Shriram Insight through the dashboard.

Shriram Insight Franchise Login

Shriram Insight Franchise Login platform enables Sub Brokers to manage their accounts easily.

To access the dashboard, one must open a Franchise/Partners account where Sub Brokers can track the account opening process.

The dashboard displays Sub Brokers clients’ investment portfolios, including stocks, mutual funds, bonds, and other products.

It also offers insights on trending stocks, which can be helpful in recommending investments.

Sub Brokers can track their revenue with daily, weekly, and monthly brokerage and income reports and view their invoices through the platform, simplifying financial management.

Shriram Insight Sub Broker Benefits

Shriram Insight offers several advantages for customers looking to increase their revenue, including:

Competitive brokerage rates: Shriram Insight’s low intraday rates of 0.05% -0.015%, delivery rates of 0.15% – 0.50%, equity futures rates of 0.05% -0.015%, and commodity trading rates of 0.05% -0.015% can help customers save on trading costs and increase their revenue potential.

Transparent pricing: With fixed rates of Rs.75 – Rs.20 per lot for equity options, Shriram Insight offers transparent pricing that lets customers easily calculate their trading costs and make informed decisions.

Commodity trading and marketing support: By offering commodity trading with marketing support, Shriram Insight helps customers diversify their portfolios and make better trading decisions, which can increase their revenue potential.

Overall, multiple Shriram Insight Sub Broker benefits like competitive brokerage rates, transparent pricing, and commodity trading options with marketing support make it an attractive choice for customers looking to increase their revenue and grow their investments.

Shriram Insight Franchise Drawbacks

One potential Shriram Insight franchise drawback is the relatively high Sub Broker franchise fee.

This fee can be a high upfront cost for those looking to start a franchise with the company.

Additionally, the infrastructure costs associated with running a franchise can also be expensive.

Franchisees are responsible for maintaining their own office space, equipment, and technology, which can be a significant ongoing expense.

Shriram Insight Partner Program – Conclusion

In conclusion, the Shriram Insight Partner Program presents a compelling opportunity for those looking to become Sub Brokers.

With competitive brokerage rates, transparent pricing, and a robust partner dashboard, partners can expect to earn more by introducing clients to the platform.

Additionally, being highly motivated and experienced, the program’s management team provides expert guidance and support to its clients.

With over 225,000 clients in broking, the program also offers a large and growing customer base that partners can tap into.

Overall, the Shriram Insight Partner Program is a strong choice for Sub Brokers looking to grow their business and succeed in the competitive world of broking.

FAQs on Shriram Insight Franchise Business

Check out various FAQs on Shriram Insight Affiliate Partner Program.

Does Shriram Insight have an Authorized Person?

Yes, they do have an option of becoming an Authorized Person. Please fill out the application form, and their team will get back to you.

How many Affiliate Partners does Shriram Insight have?

They have 1000+ affiliate partners.

What do you mean by Shriram Insight Referral Agents?

Shriram Insight Referral Agents are people who recommend clients to use the brokerage house’s services, and in exchange, they receive a payment of Rs. 250 for each successful referral.

How can I become a Shriram Insight Associate Partner?

To become an Associate Partner of Shriram Insight, you must apply for a partner account.

Once your application is received, you will be provided with a franchise agreement that needs to be filled out and submitted along with essential documents such as PAN, TAN, AADHAAR, GST registration, and address proof, among others.

After receiving your application and documents, the company will assess your eligibility and process the opening of your partner account.

How much can I earn as a Shriram Insight Partner or Dealership?

You can earn a fixed 40% of the revenue generated by the clients in your network.

Am I eligible to start a Shriram Insight Partnership Agency?

Individuals who are 21 years of age or above are eligible to apply for a partner agency with Shriram Insight.

While prior business experience is not mandatory, it could be an advantage in the application process.

Do I need to have a Shriram Insight trading account?

To become a Sub Broker with Shriram Insight, it is necessary to have a trading account with them.

However, if you do not have one, you can still apply to become a partner and open a trading account later.

How much must I invest to become Shriram Insight’s authorized partner?

You need to invest Rs.10000 to become their authorized partner.

How can I track my earnings with Shriram Insight?

As a Sub Broker with Shriram Insight, you can access a dashboard. The dashboard will let you calculate your earnings and monitor them.

Is Shriram Insight safe to become a partner?

The Shriram Group is a reputable brand in the financial services sector. As one of the leading brokerage houses, you can be assured that your investment is in safe hands.