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About the Business

Welcome to Goodwill – Your Trusted Partner in Financial Services!

About Us:
Goodwill is a renowned full-service brokerage house that offers comprehensive advisory services, all under one roof. Our mission is to empower you to manage all your financial needs efficiently. With expertise in both cash and derivatives sides of the capital markets, we are committed to providing top-notch advisory services. Additionally, through our group subsidiaries, we offer commodity trading services as a proud member of the MCX. Our services are delivered with the utmost confidentiality and integrity, aimed at maximizing benefits for our clients. These benefits include acquiring market awareness and boosting confidence levels.

Our diverse customer base encompasses institutional clients, high-net-worth individuals, and retail investors. This diversification, combined with our extensive range of services, positions us to navigate market volatility effectively. It also allows us to consistently uphold high standards of customer service excellence.

Today, Goodwill stands as one of the leading commodity trading companies in India, offering lucrative business opportunities to aspiring entrepreneurs like you. A key driver of our success is our partner concept, which enables us to establish authorized business centers across the country.

For Entrepreneurs Ready to Set Up Their Own Office Space:

1. Product Support: We provide support for MCX, NSE, and BSE, along with marketing and sales assistance. You will have a dedicated Relationship Manager for ongoing research advice and market updates through various channels, including chat, phone, and email. We also offer marketing and business development support, including a startup kit with essential materials like glow sign skins, visiting cards, and marketing brochures.

2. Service Support: You’ll have a dedicated Customer Service Executive to handle routine queries through chat, phone, and email. Access to a centralized web-based back office system is also provided.

Eligibility:
– Individuals with a strong track record and reputation in financial services or other business domains, with an established client base.
– Minimum 2-3 years of experience in selling financial products, either as a Main broker, Sub-broker, Remisier, Mutual fund distributor, Insurance advisor, Financial Planner, or an employee of an existing Broker/Sub-broker.

Minimum Infrastructure Requirements:
– Carpet Area: Minimum 300 Sq.ft
– Accessible Location
– Two Computers with Latest Configuration
– Dedicated Leased Line/Broadband/VSAT
– One Dealer
– One Admin Staff/Marketing Personnel

Financial Requirements:
– Terminal License Fee: Rs. 250/month
– Refundable Security Deposit: Rs. 25,000 (interest-free)
– Authorized Person Fees: Rs. 5,000 (50% reimbursed after achieving targets)
– Deposit for VSAT (Optional): Rs. 100,000 (refundable after three years)
– Adequate financial backup to meet working capital requirements

Revenue Sharing:
– Brokerage is determined on a case-by-case basis.
– Initial stage: 50% – 50% brokerage sharing
– For monthly turnover of 150 Cr and above: Company share in brokerage is 60% – 40%
– For monthly turnover of 250 Cr and above: Company share in brokerage is 65% – 35%
– For monthly turnover of 300 Cr and above: Company share in brokerage is 70% – 30%
– Decisions for turnovers above 350 Cr will be taken by the board.

All terms and conditions are governed by the Laws and Bye-Laws of the Exchange-MCX. For a detailed model copy of the Authorized Person Agreement, please do not hesitate to contact us.

Join hands with Goodwill and embark on a journey of financial success!

Additional Details

  • Investment RequiredINR 10000 - 50 K
  • Started Year2009
  • Area Required (sq.ft)200 - 300
  • Franchise Count100 - 200
  • Tax System InclusionYes
  • Comprehensive Franchise ManualsDetailed franchise manuals are available
  • Strategic Head Office SupportYes, offers head office guidance
  • Business training locationchennai
  • Field Assistance OptionsField assistance is available
  • Agreement TemplateStandard business agreement is available
  • Business Term DurationLife time
  • Franchise Renewal AvailabilityN/A
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