
Business Development Executive
1 day ago
About us: A leading brand of kitchen appliances and cookware in India, known for innovation, quality, and design of its products, aggressive marketing and Omni-Channel distribution strategy.
The Franchise Business Development Manager will be responsible for expanding our franchise network by identifying, pitching and onboarding franchise partners. This role requires a strategic and proactive individual with an in-depth understanding of ownership franchise business models, excellent sales acumen and the ability to build and maintain strong relationships.
Key Responsibilities:
1. Franchise Network Expansion:
- Identify and approach potential franchise partners
- Pitch our franchise model effectively, highlighting benefits, responsibilities and financial structures
- Negotiate terms and close franchise agreements to onboard new partners
2. Sales Strategy:
- Develop customized pitches tailored to each partner to secure franchise deals
- Conduct meetings, presentations and discussions to address inquiries and concerns from potential partners
3. Onboarding Process:
- Act as the SPOC for new franchise partners during the onboarding phase, ensuring all their queries are addressed
- Collaborate with internal teams to facilitate a smooth transition and handover of the franchise to the local management team
4. Market Research:
- Conduct market research to identify potential franchise opportunities and industry trends
- Build a pipeline of prospective franchise partners and maintain accurate tracking of all deals
5. Relationship Building:
- Build and nurture strong relationships with franchise partners, ensuring a positive onboarding experience
- Represent our brand values and business ethics in all interactions with industry stakeholders
6. Performance Reporting:
- Provide regular updates to senior management on franchise acquisition progress and challenges
- Contribute to the development of strategies for franchise growth based on market feedback
Qualifications and Skill Set:
MBA or equivalent degree in Business Administration, Management, or a related field.
Understanding of franchise model and motivation of a potential franchisee.
Strong analytical and problem-solving abilities.
Excellent communication and interpersonal skills.
Ability to work collaboratively and build positive relationships.
Proficiency in Microsoft Office specially in Excel.
7 to 10 years of experience in franchise sales, development and management in the retail sector.
Familiarity with franchise regulations and compliance requirements.
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