Stock broking Franchisee also know as Authorized person of Main Broker is a emerging business opportunity in India. Merely 4% population in India is having Demat Trading Account inplace of 55% in USA and 33% in UK and 13% in that of China. Large underpenetrated Market for Stock broking franchise : At present there are around 3 lakh Authorized Person ( Stock Broking Franchise ) working in India against 25 lakh Insurance Agents who serve for insurance needs of people. This also shows big gap in necessity of stock broking franchisee and actual number of working Franchisee. Some more data…
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