Franchise Business Expansion Specialist
2 days ago
About Wonderchef Home Appliances Pvt Ltd., a leading brand of kitchen appliances and cookware in India. As a professionally driven organization, we have been funded by multiple Private Equity Investors. Our brand ambassador and face is the renowned Chef Sanjeev Kapoor. We are known for innovation, quality, and design of our products, aggressive marketing, and Omni-Channel distribution strategy.
Job Title: Franchise Business Expansion Specialist
Estimated Salary: ₹35,00,000 - ₹50,00,000 per annum (dependent on experience)
Job DescriptionThe successful candidate 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- Franchise Network Expansion: Identify and approach potential franchise partners. Present our franchise model effectively, highlighting benefits, responsibilities, and financial structures. Negotiate terms and close franchise agreements to onboard new partners.
- Pitching and Sales: Develop customized pitches tailored to each partner to secure franchise deals. Conduct meetings, presentations, and discussions to address inquiries and concerns from potential partners.
- Onboarding and Integration: Act as the single point of contact (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.
- Market Analysis and Lead Generation: 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.
- Relationship Management: Build and nurture strong relationships with franchise partners, ensuring a positive onboarding experience. Act as a representative of our brand values and business ethics in all interactions with industry stakeholders.
- Reporting and Strategy: 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.
- 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, especially in Excel.
- 7 to 10 years of experience in franchise sales, development, and management in the retail sector.
- Proven track record of having developed master-franchisees or direct franchisees across various cities.
- Familiarity with franchise regulations and compliance requirements.
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