Jainam Share Consultants Sub brokers are based in a different location and have earned quite a good repute for their share broking services.
Here in this article, you can find different facts and information about Jainam Share Consultants Franchise and sub-brokers which can help you in making a wise decision.
The article has in-depth analysis and enumeration of facts about Jainam Share Consultants which includes their business models, revenue structures, offers, benefits, brokerage plans, and others.
Jainam Share Consultants Sub Broker – Customer Ratings
|Revenue Sharing Model||2.5/5|
With an overall rating of 2.5 out of 5 points, Jainam Share Consultants is one of the renowned share consultants of Gujrat. They have a glorious repute which earns them quite a good number of clients every day.
The Jainam Share Consultants Sub Broker customers rating is more or less the same for every factor as you can see in the table.
It is around 2.5 mark or 50% for customer experience, products, the support provided, offers, security deposits, services and everything else.
About Jainam Share Consultants Franchise
Find below table for details on Jainam Share Consultants Sub Broker overview:
|Broker type||Full Service Broker|
|SB Code Activation Time||28 Days|
|Payout Time||45 Days|
Jainam Share Consultants is a private firm which started its journey in the year 2000 and from then it has been 18-19 years, it is continuing its business with pride.
It has it’s headquartered at Surat, Gujrat. The company was started with the initiative from Jitendra Shah and it is recognized as a full-service broker.
The company provides sub-brokership to other people for expanding its business and the Jainam Share Consultants Sub Broker code activation time is 28 days. The Payout time is a little higher than its peers which is 45 days.
Become a Sub Broker with Jainam Share Consultants – Just Fill up the form
Compare Sub Broker Franchise
Jainam Share Consultants Sub Broker – Business Models
Refer table for Jainam Sub broker business models:
Jainam Share Consultants carries on sub-brokership program across the country and anyone interested can join as the sub-brokers of this company.
However, there are certain criteria for becoming a sub-brokers that will be discussed later on in this article. The Jainam Share Consultants Sub Broker business model thus consists of only one program and that is a sub-brokership program.
Jainam Share Consultants Sub Broker / Authorised Person
This model consists of many sub-brokers who enroll under the Jainam Share Consultants as sub-brokers. They have their own clientele or customer base.
Each of the sub-brokers carries on their business on an individual level and it is a perfectly competitive business model where there are or can be many sub-brokers of the same company working in a same area/locality/city/town etc.
The revenue is generated by acquiring clients to invest money in the stocks and other financial products.
Jainam Share Consultants Sub Broker Commission / Revenue Sharing
Refer below tables for details about Jainam Share Consultants Franchise Revenue Sharing:
|Sub Broker||55% – 75%|
The sub-brokers get a part of the revenue that the company earns from the sale of products and services. Here, Jainam Share Consultants Revenue Sharing Models for the sub-brokers varies according to the amount of security deposit they keep with the company.
As you can find in the next section, the amount of security deposit if is at its minimum, the percentage of revenue earned by the sub-broker would be around 55%. While the percentage goes up with the security deposit and can top at 75%.
For instance, if the sub-broker makes a sale of Rs. 100000 – his part of the revenue can be Rs.55,000 or above depending on the amount of security deposit he has kept.
Jainam Share Consultants Franchise Cost / Security Deposit
Find below table for Jainam Share Consultants Sub Broker Initial Investment:
|Sub Broker||Rs.50,000 – Rs.100,000|
As Jainam Share Consultants is a business carried out only via sub-brokers, the amount of security deposit is quite low compared to the market.
The Jainam Share Consultants Sub Broker security deposit starts from a minimum of Rs.50,000 and goes up to only Rs.100,000.
This is one of the major benefits that the sub-brokers get because they do not need to keep or invest any huge amount to get the sub-brokership.
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Jainam Share Consultants Partner Infrastructure Requirement
Find below table for Jainam Franchise requirements:
|Office Area||Minimum 100 Sq Ft|
|Employee Strength||Minimum 1|
This Gujarat based Share broker kept its infrastructure requirement for the sub-brokers at its minimal. The Jainam Share Consultants Partner Infrastructure Requirement includes –
- An office of at least 100 square feet. The office is a mandatory requirement.
- The number of employee in the office can be only 1 and it can go up to any number depending on the need of the business and the owner.
- The office must have an internet
- The trading terminals must be present in the sub-brokers
- The phone lines must be active.
These are some of the necessary requires for the sub-brokers to be compiled by to get the sub-brokership license.
Jainam Share Consultants Sub Broker Offers
Below Tables provide detailed Jainam Sub broker Offers:
|10k Initial Deposit||No|
|Flexible Revenue Sharing||Yes|
|Flat Revenue Sharing||No|
|Zero Revenue Sharing with Prepaid||No|
The Jainam Share Consultants Sub Broker Offers includes –
- There is a highly flexible revenue sharing model which is quite simple to understand and apply.
- The amount of profit that can be made is quite higher.
- The amount of investment is very low.
- They provide various training and support to the sub-brokers.
Jainam Share Consultants Franchise Support
Below table gives decent idea of Jainam Share Consultants Partner Support:
The Jainam Share Consultants Franchise Support provides marketing support, trading support, back-office support, product and dealing training to the sub-brokers.
These supports and training are very crucial for the sub-brokers as they get better exposure to the market and they understand the business well along with the products and services. The one who is new into the business gets the idea of pitching the products and sell them to the prospective customers.
It also helps in keeping a good customer relation as the main company handles the customer services if needed and provide full back up to the sub-brokers.
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Jainam Share Consultants Authorised Person – Brokerage Charges to Clients
Find below tables for Jainam Share Consultants brokerage charges offered to its Partner’s clients:
|Brokerage Charges to Clients|
|Equity Options||Rs.150 per Lot|
|Currency Options||Rs.50 per Lot|
The brokerage plans of Jainam Share Consultants sub-brokers is quite simple and fixed. They charge 0.45% on equity delivery. For equity intraday, futures, currency futures, the brokerage is only 0.06%.
For the options – they charge brokerage of Rs. 150 per lot for the equity options, and Rs. 50 per lot for the currency options. The company doesn’t deal in the commodities asset class.
Jainam Share Consultants Partner – Account Opening Charges to Clients
Below tables provides details about Account Opening Charges levied by Jainam Share Consultants to their Sub brokers clients:
|Account Opening Charges to Clients|
|Account Opening Charges||Rs.750|
|Margin Money||Rs.10,000 Minimum|
The Annual Maintenance charges or AMC and account opening charges of Jainam Share Consultants’s Sub Brokers is quite reasonable.
The account opening charges are Rs.750 which is a onetime fee. The annual maintenance charges are Rs.500 for the Demat account and the trading account has no AMC, it is free of cost.
The minimum marginal amount that a customer or client needs to have in the account is Rs.10,000. The transaction charges are 0.00325%.
Benefits of Jainam Share Consultants Partner Program
The benefits of taking Jainam Share Consultants Franchise are –
- They follow a simple business model.
- The Franchise program have a very low investment requirement and eligibility criteria.
- They provide a good amount of revenue generation opportunities.
- Have proper training and support system.
Become a Sub Broker with Jainam Share Consultants – Just Fill up the form
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