How Talent Corner Reached Franchise 100 List
Talent Corner has made it to the Franchise 100 list offering top franchise opportunities for 2020, recently published by The Franchising World magazine. The brand scored high in the annual franchise survey, which assessed brands on over 45 parameters to identify the high growth and franchise-friendly opportunities across the sectors in India.
Launched in 2002, Talent Corner has been a premier recruitment brand in the country for close to two decades. Servicing over 1500 clients in diverse industries, with 57 franchise partners in India, the brand has successfully placed over 15,000 people in the Indian workforce. The brainchild of Bankim Doshi, Talent Corner gained momentum as Rashesh Doshi joined the family business in 2004 and later on focused on franchising in 2011.
“We are now operating on a pan-India platform and are working on setting up base in the UAE. Our business model offers flexible time schedules, which are ideal for corporate individuals, stay-at-home mothers and business entrepreneurs looking to diversify,” says Rashesh Doshi, Managing Director, Talent Corner. The company grew its franchisee count by over 418% from 11 in 2017 to over 57 franchisees in 2019.
Over the next five years, Talent Corner aims to have 100 high-value franchise partners nationally that will bring high revenues for themselves and sustainable profits for the organisation.
Talent Corner franchise partners do not require any infrastructure to start their business and can work from home. Clients are assigned to franchise partners and they just need to focus on servicing their clients. Franchisees receive quality training, dedicated team leaders and continuous support from the brand across business areas like accounting, manpower hiring, social media marketing, website development, etc. The company has a low-investment, high-return franchise model with investment of Rs 2,88,200 and no need for operational infrastructure. The brand charges a one-time franchise fee of Rs 2 lakhs and royalty of 25% on the service fee revenue, enabling a franchise partner to achieve breakeven within 6-9 months.
The Franchising World, India’s no.1 franchising magazine, identifies the Top-100 franchise brands and celebrates their achievements every year in its anniversary issue. The issue highlights the established and emerging Indian and global brands that are increasing their positioning in India along with the new-age brands that are lucrative and profitable, expanding fast and can act as a reference guide for budding entrepreneurs and investors across India.
Franchise 100 is the one-stop destination to know everything about the franchise industry and the leading brands, which investors and prospective franchisees can consider to start their entrepreneurship journey.