Role of a Financial Advisor

In today’s complicated financial world, handling money can seem like finding a way through a maze. There are many choices available for investments that often confuse many individuals. The ever-changing market situations and complex tax rules also make it clear why many people in India are seeking the help of financial advisors.
1.What is a franchise in the stock market?

A stock market franchise is a business model where an established broking house (franchisor) allows individuals or businesses to operate under its brand name and license. Franchisees offer services similar to the main company, including trading execution, financial advice, and market information, while benefiting from the franchisor’s reputation and support system.

2.How do you get a share market licence?

You can get the share market licence in India by meeting the SEBI criteria. You need to register with SEBI as a stockbroker. After this, you must become a member of the recognised stock exchange. After the SEBI inspections happen, you get the approval.

3.Is it good to invest in a franchise?

Investing in a franchise is a great opportunity for those seeking a proven business model and established brand. Franchises provide a structured plan, support from the franchisor, and a recognizable name that attracts customers, reducing the risks of starting a new business.

Considering the initial investment costs, ongoing fees, and level of control over business decisions is crucial. Researching the franchise’s performance, understanding the franchise agreement terms, and evaluating your financial readiness are vital steps. If these align with your goals, franchising could be a viable path to entrepreneurship.

4.Is a franchise and authorised person the same?

No, the franchise and authorised person are not the same.

5. Is there a growing demand for stock market education in India?

Yes, more people are interested in learning about the stock market in India. Reasons for this include a growing desire to earn extra income without too much effort (especially after the pandemic occurred). Also, many people trying to get jobs want practical skills that can help them in financial markets.