How to Take Agency of a Company? Advantages and Top Companies

Updated On : 22-Jun-2024

Agency business ideas! How to take agency of a company ?

If you are thinking of doing business and you do not want to invest more, then in that case you can take agency of any company, you should know about the agency in time, any big company in today's time. There are many agencies, by purchasing which you can become the boss of that agency yourself. Franchisee is such a job in which you yourself will be the boss, as well as you sell the products of well-known companies in your shop or showroom, and you can earn profits in the name of that company, if you become your own boss, then how If so, let us take the agency of the company and how much is the price of the agency of any company.

Meaning of agency of a company:

Agency means using the name of a well-known company to sell their product and do their own business. This is a work that you can start in small towns, even remote villages, farmers in villages and small towns can take agency of Call Center, Patanjali Ayurved Care, and Computer Training Center etc., Also, you can open an agency of companies related to food and education to health in small or big cities, you just have to invest in a small beginning, then this investment takes you to the heights of the sky.

What is agency?

In today's time, there is an era of open competition and branding in the market, what is visible is sold, in such a situation, all the companies are engaged in attracting more and more customers towards their company, any famous or famous company, whose name is It is running and established in the market, it allows you to use its name subject to certain conditions and you can put stores, restaurants, complexes, showrooms and cafes etc. in its name. For this, the rules made by the Aomo company will have to be fulfilled, only then it will allow you to put an agency in your name, taking a franchise of a famous company does not take time to establish in the market because in today's time there is an era of technology. Everyone knows which company is famous and which is not.

How to get agency of a company?

If you want to do business, if you want to make another brand your own, then in such a situation, you have to start your work by taking an agency of a company, only then you can achieve success in a short time, first you have to choose industry or company. After that, after assessing the cost involved, you should think about setting up your business. For this, you have to research the entire market that the demand for something in the market is high, you have to work accordingly, you have to keep in mind that how much money you are investing in taking agency of a company and how much profit will be made. Will happen. There should be complete preparation, after that talk to the company's franchisor about the deal. Information about the company's franchise rules and availability is available in the Internet, if you meet the company's agency, then after agreeing to the terms, you get permission to open that company's agency.

How to choose the agency of a company:

At present, there are many small and big companies that provide their agency for business, small companies have to invest between Rs 2 lakh and Rs 10 lakh for the agency, you can choose the agency according to your budget. For this, you have to keep in mind that in the place where you are going to put the agency, whether you will earn or not will depend on where and which company you put the agency. After measuring the market value of the company, you decide to take its agency, you also have to keep in mind how the place is. You can take shares of companies like zomato, swiggy, Natural Ice cream, Patanjali Ayurveda, Medieasy etc.

If you are thinking of a big company agency then you will need to invest more. If you want to invest from 25 lakh to 1 crore, in such a situation you can go for Domino's, Pizza hut, KFC, Protein Bar, Mufti showroom, Bike show. Room, polo brand, adidas, etc. agency can be opened, its market value is very high and demand is also very high.

To get more information, you can get more information by visiting the official website of Franchise Plus at www.franchiseplus.com.

Key Terms of Agency Companies:

• Space – You should have enough space to start work, there should be a provision of parking.

• Security Money- Companies keep some security money. So that if you are not able to pay the money in any odd circumstances, then they can use it.

• Timings – Different companies have different terms and conditions. Some companies allow the agency to be opened for a fixed period of time, while some allow the agency to be opened for life.

You don't need to be very well educated for agency, you should have some business understanding, along with you space, social network and risk taking ability then you can come in this field.

Agency of every sector is available in the market today. It depends on you that according to your interest in which field you want to try your hand and do business. In the field of education, where schools like Mother's Pride, Shamrock School, DAV, Kids Gurukul and Bachpan allow to set up their branches, in higher education there are institutions like Indian Institute of Commerce and Trade, and IGNOU. There are also well-known platforms such as STC Technology for computer education and Picasso Digital Media for animation.

There are many agencies available in the food and beverage sector as well. Food Factory Slice Pizza, Uncle Food Products, KFC, Domino's, Vijayanbiz which is a South Indian Food Corner, J Cart Health & Lifestyle Pvt Ltd, Bebe Da Dhaba among others. Apart from these, bookstores in the field of retail include Book Cafe, Kid Space, women's brand Swastik, Ghar Sansar, dmart, big bazzar, Aquarium World Shop and companies such as Diagold, Mangalam, associated with the field of jewelery designing.

With very little money you can start a big business and there is less chance of risk in it, franchise of small companies can be found in between 2 lakh to 10 lakh. In the policies related to small scale industries of the central and state governments, there is a system of loans with subsidy, you can take loans from there, as well as you can also provide loans from banks.

According to the American market research company, the income of the Asian agency market is growing at the rate of US $ 50 billion per year and in the coming five years it will be US $ 100 billion, which is a kind of change. In the last three-four years, the trend of increasing agency in India has increased at the rate of 30 to 35 percent per annum, so it can be estimated that people have started doing business today by naming big brands, so agency market will be good in future also. Is.

Top 10 Company Agency Name –

There are some such companies of India whose name you can open an agency, its name is as follows, this company is very famous in India, its market value is also high, so let's know the name of the company-

1. Pradhan Mantri Kaushal Vikas Yojana Franchisee

2. Speak English Gym (SEG)

3. Siyaram Silk Mills Ltd.

4. Delhi Paramedical and Management Institute

5. Express Car Wash

6. 3M Car Care

7. Mahindra First Choice Wheels Limited

8. ईजीगो (Ezeego One Travel & Tours Ltd.)

9. Patanjali Ayurved

10. Domino’s pizza and Pizza Hut

Advantages of taking agency of a company:

If you take agency of a reputed company, then you have a lot of benefits, first, if you have taken agency of a well-known company, then there is no need for any kind of promotion, customers will come easily, second, your earning will be on the basis of brand, straight talk. If the name of the company is there then the number of customers will not decrease, be careful in choosing the place, nowadays brand is trending in the market, in such a situation, you put a shop or business in your name, it does not work, in such a situation, the agency remains. Gets a lot of benefits.

What facility do you get when you take an agency of a company?

If you take an agency of any company, then if you have to sell the product in the shop, then you get the product at the same price i.e. the dealing amount. If you open a restaurant or a showroom, then the employees working in your firm also get the company done for the agency, so that you will not have any problem in searching the employee. Also, the company provides training to all the people, so that there is no problem. The company keeps on taking information of its agency from time to time and alerts the agency in case of loss and the company also provides extra help on its behalf.

Read post How to Take Agency of a Company to start earning money. Know Key Terms of Agency Companies and facility provided by them.

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