Investment: 25L Rent and Interior decor
-Periodic stocking of Jewels
-Digital marketing, advertisements on FM radio, and other promotional activities. (Promotional activities in local channels will be the franchisee’s undertaking)
-Packaging materials (bags, pouches, tags and covers)
-Images and designs for promotional activities that the franchisee requests.
30% of the turnover generated by the branch would be the franchisee’s share.
All finances will be handled by Magna Jewels Trichy in a separate account dedicated to the particular franchise/branch. The franchisee’s share will be provided accordingly.
Investment/ silent partner Investment: 30L
– 15% of the profit generated from that particular outlet or 2% of the investment, whichever is higher, shall be given to the silent partner (every month).
– The interior decor, rent, maintenance and upkeep of the outlet will be done by Magna Jewels.
– GST filing and all necessary financial actions will be performed by Magna Jewels, while remaining transparent to the investor.