Franchise Partner
Welcome to the i2labstech Technology Service Franchise Partner Program! If you are highly self-motivated, have an entrepreneurial streak, and can work hard to make your dreams come true – this is the right option for you. Franchising is today the preferred business model with no risk in this case.
Franchising offers you the freedom of working under the umbrella of a successful company, with a tried and tested way of doing business.
We welcome potential HR or marketing professionals to partner with us as our i2labstech Technology Service. We bring you the expertise and experience to help you to build a profitable business venture locally. We help you to setup full-fledged employment center of i2labstech Technology Service at your location, and give you full license to operate it profitably as successful business. We help you in every minute detail, including resources & equipment required to set up and run the centre, the investment cash flow statements showing expected ROI.
We will ensure, you will be successful in our network and have your dreams realized.
How its Franchisee operates?
- i2labstech Technology Service is a focused long-term business venture with presence in all cities across India, run by local partner licensed under i2labstech Technology Service name to provide employment support services to corporate and individuals.
- Each employment Center is operated through Local Franchisee Partner on revenue sharing model. All employment centers across India are connected to the same systems, software, tools, and have same branding, professional practices as defined by i2labstech Technology Service. All Franchisee act as branches to the i2labstech Technology Service with complete integration in terms of operations, sales, finance and customer relationships.
- Each employment center is supported by i2labstech Technology Service offices at State Capitals for all administrative and legal support, including financial transactions support
What kind of support expected from i2labstech Technology Service?
The complete support package for partner Success is provided, which includes
- Compliance with all State and Central regulations in terms of shops and establishment, service tax registration, and registration of i2labstech Technology Service branch to enable you to work smoothly from day one.
- Marketing and Advertisement of your operation using email, SMS, internet ,search engines.
- Complete marketing collaterals required to operate.
- Complete office related files, vouchers, business cards required to operate the branch.
- Access to Centralized i2labstech Technology Service Software System, Resumes' Database, Requisition Database
- Access to third party portals like Naukri, Monster, Timejobs and clickjobs, shine, on need basis
- Complete networking support through remote login.
- Email, website support.
- Centralized BPO and Call Center support 24*7*356 days.
- Training to make you effective and efficient.
- Almost everything you need to operate successfully.
What are the responsibilities and obligations of partner at Employment Center?
- Need to enter into Franchise Agreement with i2labstech Technology Service for period of time generally 3 years.
- Act as Partner cum Branch Manager per Employment Center at the chosen location.
- Maintain office space of 500 -2000 sq. ft. based on availability and location for 1-2 people team.
- Invest in running and operating the employment center.
- Recruit any support staff on Human capital temporary payroll required to expand the business volume and invest on their training and salaries and benefits, generally paid by the company and deducted from your share of revenue).
- Acquire clients and maintain relationship as Point of Contact for i2labstech Technology Service
- Receives Return on Investment as per share defined in the Franchise Agreement.
- Renew with franchise agreement before expiry of the term of agreement, at least 3 months before.
- Maintains the confidentiality and intellectual property of i2labstechTechnology Service
- Improve the brand visibility and good will of the i2labstech Technology Service at your location.
- Serve the clients with compliance to i2labstech Technology Service ethics and Value system.
- Market all the Products and Services of i2labstech Technology Service to client in your location
- Manage the client relationship.
- Maintain good collaborative relationship with Central Team and BPO executives related to your services.
- Analyse the revenues, investment and activities to improve the performance of location.
What will be the total investment requirement?
- You need to take care of monthly recurring expenses like Utilities (Electricity, Phone, Water, and internet) and Rent for the office space in addition to initial 50,000/- Setup cost. The fixed monthly expenses may be up to 5000 to 15000 based on the office rent and other expenses.
- The break even expected within 3 months generally, and the total investment till break even period will be approximately 1 – 2 lakh rupees depending on the location and active business operations performance.
Do I need to pay any fee to become a Franchise?
- We have understood the concerns of partners, and developed an innovative partner development model. You need to pay small token amount initially to show your commitment on voluntary basis to enter into partnership but we will deduct yearly license fee from your share of revenues as support charges from the initial revenues. We also support you to make more money and break even within 3- 6 months worst case.
What will be the Share of Revenue for Franchise partners?
- The revenue sharing pattern is fixed throughout India, and common to all partners of i2labstech Technology Service. The sharing pattern for each service is defined and will be shared with you on receiving your letter of intent.
- The pattern that we follow is 10-20-40-20-10 i.e. Lead Generation-Sales Closure- Service delivery-Centralized Marketing and BPO Support, Centralized Administrative Charges
- In case of consulting and outsourcing services, the pattern changes based on the contract and terms involved.
- What will be the earning potential for Franchise?
- You can earn minimum 30,000 and there is no maximum limit, but average earning per month at town level will be 2, 00,000/- per month as partner share.
What are we looking for in a potential franchise?
- Must be an entrepreneur with a passion to excel in the HR Industry.
- Must have the necessary finance to invest in the venture.
- Should be an individual having good local market knowledge and willing to devote time for business development.
- Should have willingness to succeed, and stay in business for long time (or life time).
- Should be able to work as per terms and conditions of i2labstech Technology Service.
- Able to do business ethically following all laws, rules, and regulations specified for the HR Industry, and in general.