Corporate Profile Banner
     
  FAQ  
   
  1. What is the Scope for Recruitment Industry in India?  
  2. What is Franchising…?  
  3. Why we are Franchising…?  
  4. Why Should You Sign Up…?  
  5. What are Support Provide by Us?  
  6. What are Benefits of VT Manpower Franchisee?  
  7. What are the Pre – Requisites..?  
  8. How much time does it get to get approved as a franchisee?  
  9. Where can I open a franchise centre?  
  10. Will VT Manpower finance the costs of the franchise?  
  11. Can we obtain the funds to purchase a franchise from a relative, friend or associate?  
  12. I have an existing Recruitment office; can I get a VT Manpower franchise?  
  13. What is the availability of opportunities in my area of interest?  
  14. What are the fees you need to pay for VT Manpower?  
  15. What would be the ROI (Return on Investment) we can expect?  
  16. The Ideal Franchisee  
  17. Who can apply for our Franchisee..?  
  18. What are all the core responsibilities of mine as your franchise?  
  19. What will be my ideal rate of return on investment?  
  20. How do I prepare the office infrastructure?  
  21. How many partners I can have for my Franchise?  
  22. What is the minimum manpower requirement to start a VT Manpower Franchise?  
  23. Who will build my centre? Can I use my existing setup?  
  24. How much money can I make?  
  25. How do you provide training / orientation to franchise staff?  
     
  1. What is the Scope for Recruitment Industry in India?  
     
 
The size of the Indian recruitment market is worth Rs. 4500 Crores.
Indian Recruitment market is growing at a healthy rate of 50% every year.
60-70% of the recruitments in organizations are done by Placement Consultants.
India contributes 28% to the pool of knowledge workers globally.
ITES-BPO sector hires above 400 personnel every day, mostly through consultants.
Indian IT/BPO sector will create 16 Lakh knowledge professionals by 2010.
  (Source: Nasscom)
 
   
  2. What is Franchising…?  
     
 

Franchising is the legal right to carry out a business in accordance with a particular operational method and under a specific brand. This includes the right to use trademarks, logos, a business system, operating procedures, IT and marketing techniques.

It can be seen as you working for yourself and running your own business; however, you go to market with the benefits of a household name and a dedicated team supporting you with advice and guidance on how to operate effectively.

 
   
  3. Why we are Franchising…?  
     
 
To maximize shareholders' returns and value.
To excel in every facet of its operation.
To provide attractive and well rewarded career and business opportunities for all employees and Franchisees.
To dynamically grow through pro-active acquisitions, mergers and joint ventures.
 
   
  4. Why Should You Sign Up…?  
     
 
Reasonable ROI (return on investment).
Ties-up with reputed companies.
Experience in more than 10 recruitment services.
Commercially and technically viable and proven project.
Low investment and minimum risk.
 
   
  5. What are Support Provide by Us?  
  VT Manpower will support your business and help you grow with :  
     
 
Start up training and Full Technical and Operational support.
Recruitment of the Strong the team.
Making Manpower policies.
Share clients across the country with regards to your territory.
Back office operations - Centralized Invoicing & Collections.
Operational processes
(Reporting formats, database management, requirement management, incentives etc.)
Continuous interaction and guidance on all aspects of running the business including business development, delivery, finance, manpower issues etc.
Share promotional and Branding Material.
Continuous guidance on sourcing against typical requirements
(Sourcing methods, target companies, etc.)
Cost Optimization.
Dedicated Access to job portals - at lower cost than market.
Infrastructure Guidance- Infrastructural equipment, Office layout plan, etc.
 
   
  6. What are Benefits of VT Manpower Franchisee?  
     
 
You are granted with a license to trade as a VT Manpower.
You will benefit from being part of our group, including ground representation.
You have your name, address, contact number on our website.
You receive a national advertising and marketing program that will continually reinforce our distinctive brand image.
You have all of your processing done through system by our head office, enabling you to focus on generating more sales.
You receive Affinity Account Leads.
You receive Staff Training.
 
   
  7. What are the Pre - Requisites..?  
     
 
Good reputation and contacts in the area.
Suitable office space and computer with internet access.
Initial investment of Rs.5, 00,000/- towards franchise fee.
Willingness to undertake aggressive local promotions.
Familiarization with placement industry or IT enabled services shall be considered as an added advantage.
 
   
  8. How much time does it get to get approved as a franchisee?  
  Initial qualification involves a series of background checks and interviews and the verification of the documents provided. Hence to predict the actual time taken would be difficult, however approximately it would take around 2 to 3 weeks.  
   
  9. Where can I open a franchise centre?  
  Anywhere in India, where you get a decent candidate population.  
   
  10. Will VT Manpower finance the costs of the franchise?  
  VT Manpower does not provide financing. But can provide support for various Institutional Programs.  
   
  11. Can we obtain the funds to purchase a franchise from a relative, friend or associate?  
  Yes, however this would involve you in a type of partnership. Each group together must meet the financial qualifications and be willing to devote time and their best efforts to the operation of the Office.  
   
  12. I have an existing Recruitment office; can I get a VT Manpower franchise?  
  VT Manpower franchise could be granted to you as per the normal qualification process; however, on receiving the same, you will require to continue with only the VT Manpower format & franchise.  
   
  13. What is the availability of opportunities in my area of interest?  
  The availability of franchises in specific geographic areas must be discussed with the management of VT Manpower for the specific area for which you have interest. However, the availability of the locations may vary by the time the franchise qualification is complete. Therefore, geographic flexibility is a characteristic we seek in our franchises.  
   
  14. What are the fees you need to pay for VT Manpower?  
     
 
An Initial non refundable security deposit Fee of Rs 5, 00,000. Per office.
There is no monthly fee and annual fee.
Job renewal portal costs for every year.
 
   
  15. What would be the ROI (Return on Investment) we can expect?  
  On account of confidentiality, we cannot reveal the exact details. However, after the preliminaries and the investigative report, we would be happy to discuss the financial returns in a personal meeting.  
   
  16. The Ideal Franchisee  
  The perfect franchisee meeting our requirements would be:  
 
 
 
Having the capacity to make an Investment of Rs 7 to 9 lacs depending upon the chosen city.
Self-motivated and having a dynamic personality.
Team player, good communicator and self-disciplined with acumen for setting up efficient systems.
Able to invest 7 to 9 hours on a daily basis.
Passionate about doing something useful and getting recognition in the community.
Preferably with a Sales or HR background and experience.
 
   
  17. Who can apply for our Franchisee..?  
     
 
Individuals/ Representatives of Organizations with excellent entrepreneurial skills.
Self-motivated and having a dynamic personality.
Team player, good communicator and self-disciplined with acumen for setting up efficient systems.
Able to invest 7 to 9 hours on a daily basis.
Passionate about doing something useful and getting recognition in the community.
Preferably with a Sales or HR background and experience.
 
   
  18. What are all the core responsibilities of mine as your franchise?  
     
 
To source and organize suitable candidates for the requirement generated by us.
To act as an effective link between job seekers and VT Manpower employees by providing prompt services.
To conduct seminars and other local promotional events.
 
   
  19. What will be my ideal rate of return on investment?  
  Profitability will depend on the investment made, the revenues earned and the expenses incurred. It really depends on how effectively you can manage your business.  
   
  20. How do I prepare the office infrastructure?  
  Once the sign up process is over, we will assist you with complete details of the centre setup.  
   
  21. How many partners I can have for my Franchise?  
  It is recommended by VT Manpower that you do not have more than three partners for the venture.  
   
  22. What is the minimum manpower requirement to start a VT Manpower Franchise?  
  The manpower requirement varies and is based on Franchise owner’s interest. Initially, however, you will need the following:  
 
1 HR Manager
1 Team Leader
1 Sr. HR Executive
3 HR Executives
Office Boy
 
   
  23. Who will build my centre? Can I use my existing setup?  
  VT Manpower will help you build your center. You can use your existing setup, provided it is as per VT Manpower’s specifications.  
   
  24. How much money can I make?  
  Profitability varies depending upon a number of placements, experience of Placed Candidates, operating costs and etc. Questions related to revenue and profitability is discussed during the initial meeting process.  
   
  25. How do you provide training / orientation to franchise staff?  
  Regular trainings are arranged for the benefit of franchise at your office itself. Instant trainings will be provided through phone, internet and etc.  
   
     
 
 
 
Job Fair
 
 
 
 
 
 
FeedBack
 
 
Home | About Us | Services | Clients | Job Seekers | Testimonials | Feedback | Sitemap | Contact Us
 
Copyright © 2009 VT Manpower Consultancy Services Private Limited.
All Rights Reserved.