How long would it take after my application of opening an ZILLION RPM LABS center to getting the approval for the same?
What is the man-power required to open a franchisee?
A franchisee needs to have 1 Centre Manager, 1 Counselor, 1 Placement Officer, 3 Marketing Executives, 1 Outdoor Sales Manager (Business Development Manager), 3 Trainers
What is the affiliation fees?
The affiliation fees vary depending on the classification of cities. For details on the same, kindly refer to our Franchisee Project Report.
Can the affiliation fee be negotiated?
What is the licensing fee that a franchisee has to pay?
The licensing fees vary depending on the classification of cities. For details on the same, kindly refer to our Franchisee Project Report.
Can the royalty be negotiated?
Royalty has been worked out as not negotiable.
What amount of royalty fees needs to be shared with the corporate office?
For details on the same, kindly refer to our Franchisee Project Report.
What is the minimum available floor space required to set up a centre?
The minimum available floor space varies depending on the classification of cities. For details on the same, kindly refer to our Franchisee Project Report.
What is the minimum infrastructure required for setting up a centre?
The minimum infrastructure requirement varies depending on the classification of cities.For details on same, kindly refer to our Franchisee Project Report.
Is it mandatory for a person to have experience in CAD/CAM/CAE/training industry to set up a franchisee?
What will be the activities for the centres?
Quality of Training, Infrastructural Support and a Healthy Environment for the participants should be the main activities for the centre’s.
How many centres are you planning to start in a geographical location?
The number of centers would solely depend on the demographics and the market potential. ZILLION RPM LABS will decide on the number of centres based on various parameters.
What will be the distance among the centres?
There is no set distances for this. The decision solely remains in the hands of ZILLION RPM LABS based on the population of the Target audience, the market potential and various other factors pertaining to that geographical location.
What is the ROI from a franchisee's perspective?
A 20-25% profit on the total turn-over can be expected from a well-performing center.
What is the break even point? How soon can a franchisee hope to break even?
It depends on the total amount that you have invested, your operating expenses and the number of students that get to your center every month. The more the number of students, the shorter would be your break-even time.
Will you help me in recruitment of trainers?
ZILLION RPM LABS will help the center in the recruitment of trainers and training them to the syllabus designed
What is the support system for the trainers / technical people?
ZILLION RPM LABS will provide training to trainers from time to time.
As for my understanding, why is the XYZ partner is not performing well?
There could be several reasons for this. Maybe the center does not have the necessary resources (counsellor, sales executives etc.) to drive more registrations. It could also be that the center might not have a proper lead tracking system in place to keep a track of the enquiries and leads and chase it up with them accordingly. It could also be that there is very little potential in that area. As I said, the reasons could be numerous, but mostly, it's all dependent on geographical location of the center and its internal operations.
Will the Management take the operational expenses towards operations?
No. This has to be taken care by the center itself.
How will you help me in my day to day activities?
In major metros, the cost will be shared by all the centers. If there are multiple centers in a particular metro where a specific campaign is going to be released, the cost per center is calculated based on the total cost of campaign divided by the number of centers.
Will the company take care of activities? Please explain.
The Company will take care of the activities on regular intervals. However the local activities in your area will be at franchisee cost
Will the company take care on Ads? If yes, how? If no, what do we need to do?
ZILLION RPM LABS will take care of the major things like centralized buying of media, deciding on media vehicle etc.
What kind of marketing support can a franchisee expect from ZILLION RPM LABS?
ZILLION RPM LABS will be, periodically, providing marketing collaterals, centralized buying of media, seminars, training of counsellors and marketing people. Apart from these, ZILLION RPM LABS will also be assigning sales agents to drive in more revenue.
What is the support system for the Sales of the centre?
ZILLION RPM LABS will provide marketing collaterals, centralized buying of media, seminars & training of counsellors and marketing people periodically.