I’m exploring the business model of becoming a partner/franchise for stock market account opening and brokerage services.
For those already in this field:
How profitable is this business in the long run?
What are the biggest challenges in getting clients?
Is offline local marketing better than online lead generation?
Which methods bring the highest-quality Demat account leads?
Any tips for someone starting in this industry?
Would love to hear honest experiences from people already working in finance, broking, or franchise businesses in India.