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Franchise-Faq

Who initiated Morpheus?

Kailash Shahani (Founder)

With over 17 years of experience, he has expertise in various domains like Banking & Financial Services, IT, ITES and Recruitment. He brings in his experience from companies like Manpower, Times Group, Standard Chartered Bank, Global Intelenet and EFunds. He loves challenges, number driven and client servicing or account management is his expertise.

Archana Shahani (Director)

She has worked with Banks, Recruitment Companies and construction. She brings in experience of nearly 15 years from companies like Job Track, Career line Consultants, Krishna Developers and HDFC Bank. She has experience of the domestic as well as International market which is very critical as catering to offshore needs for Indian companies going global is one of the key revenue pointers.

What’s Our Vision?

“We build your assets through human capital”. The vision clearly stresses that people are assets and not mere numbers. There is always a tendency to protect assets and value them. We at Morpheus clearly believe that word Human Capital adds dignity to our Business- not as Brokers, not as Manpower Suppliers, not as CV Suppliers but as Consultants dealing in a precious commodity – Human Capital.

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.

What is Basis Of your Franchisee Model?

We at Morpheus Consulting believe that the Recruitment Business is a Zero Entry Barrier Business. It is very easy to start a Company, however very difficult to make it run profitably. Our Franchisee Model is a “Plug & Play” way to start your own business. If One Had to Divide the Business into 3 Parts, it would be Admin, Operation & Business Development. These responsibilities are shared between Morpheus Consulting & Our Franchisee. Admin: All Admin Work such as Contracts, Tax Related Documentation, Invoice and Payment Follow-up which are not really Profit Making Investments of your time will be handled by the Head Office.

Business Development: For any business to start this is one of the Critical Factors. We understand this & therefore the Head Office is responsible of getting you enough work to execute this business. We jointly share the responsibility.

Operations: In our business, this is the heart of the business. Revenues come from this source. Therefore we would require you to only concentrate on this aspect of the business. This is completely your responsibility.

Why are we franchising?

  1. To maximize shareholders’ returns and value.
  2. To excel in every facet of its operation.
  3. To provide attractive and well rewarded career and business opportunities for all employees and Franchisees.
  4. To dynamically grow through pro-active acquisitions, mergers and joint ventures.

Why Should I Sign Up?

  1. Experience of more than 10 years in recruitment services and other HR services.
  2. Tie up with reputed companies from India and abroad.
  3. Commercially and technically viable and proven project.
  4. Low investment with minimum risk
  5. Reasonable ROI return on investment.

What are Franchising Benefits and Support?

Brand Name

You are granted with a license to trade as a Morpheus Consulting. You will benefit from being part of our group, including ground representation.

Training

Start-up training, full technical / Operational support and online chat support.

HR

  1. Recruiting the team (Recruiters, Managers)
  2. Making Manpower policies

Operational

  1. Operational processes Talent Now portal, Reporting formats, requirement management, incentives etc.
  2. (Recruitment Division)
  3. Share clients across the country and the world with regards to your territory.
  4. Share the database of candidates.
  5. Developing courseware for training programmes.(Training Division)
  6. Trainers for training delivery (Training Division).
  7. Sourcing methods, target companies, etc. Continuous guidance on sourcing against typical requirements
  8. Continuous interaction and guidance on all aspects of running the business including business development, delivery, finance, manpower issues etc.

Back office operations

  1. Support Team doing client and candidate coordination and follow up.
  2. Centralized Invoicing & Collections – You have all of your processing done through system by our head office, enabling you to focus on generating more business.

Business Development

Share promotional and Branding Material and Ongoing Business Development guidance and support

Will you guide me on the person who I should recruit?

Yes, we will.

Franchise Fees

  1. Initial investment of US $2000 towards Franchise Fee (Non Refundable for 02 years)
  2. Initial investment of US $ 5000 towards Franchise Fee (Non Refundable for Life Time)

Will MHC finance the costs of the franchise? Can we obtain the funds to purchase a franchise from a relative, friend or associate?

MHC does not provide financing. Yes, you may use any sources to obtain funds, however this may 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.

Can you deduct my Franchisee Fee from my earnings?

No. The Franchisee Fee needs to be paid upfront.

What can I do to Block my Franchisee?

You need to deposit 500 USD in our Bank Account and the balance you can give us a Demand Draft/ Cheque.

How much will I Earn?

That is something that you need to answer to yourself. This is not a Salaried Job so there are no promises.

Will you give more than One Franchisee in my City?

Yes & No. If we see you performing then there is No Point having more than one. But if we do not see effort being made, then we will be forced to look out for another partner. However enough time will be given to you to show your potential.

If the requirements provided by you are not completed in the month you give us, will they get a Carry Forward?

Yes. They will be carried forward. However, you will also continue to get more work from us.

Will I get enough work?

Keeping you idle is a loss to us. We will ensure you have enough work.

Is a franchisee entitled to any reimbursable expenses relating to the operation?

No, all the expenses will have to be borne by the franchisee themselves.

I have an existing Training Centre; can I get a MHC franchise?

MHC franchise could be granted to you as per the normal qualification process.xt.

I have an existing Recruitment office; can I get a MHC franchise?

MHC 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 MHC format & franchise. If you have an existing set of clients,

they will have to be empanelled with Morpheus, once the existing contract expires.

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How much time does it take to get started as a franchisee?

To predict the actual time taken would be difficult, however approximately it would take around 2 to 3 weeks, once the payment and agreement is signed.

Client List of Morpheus

Please refer to our corporate website for details.

Is Business Development a part of the Franchise duties?

Recruitment Division – Morpheus shall provide requirements to work on during the entire tenure of this relationship but we expect franchise to appoint someone to source local business which would balance out the business composition. Local Clients would add up to the revenue of the Branch apart from the Clients that you would get from the HO of Morpheus.

Training Division – Yes, the Franchise would be required to generate leads for Corporate and Institutional Trainings.

Do I have to bring business only from my territory?

No you can bring business from anywhere in India / Gulf.

These requirements could be from anywhere in India and Gulf countries. We are open for business from other locations too.

These requirements could be from anywhere in India and Gulf countries. We are open for business from other   locations too.

What if I am unable to complete a requirement?

We will help you. Our job is to be your support from time to time.

Do we need to open a Separate Bank Account for Franchising Business?

This is on the individual’s discretion.

Do we need a Trade License to take up a Franchise (Shop & Establishment Act)?

That depends on the State to State Government Requirement. As per the State Government Requirement if it is mandatory then a Trade License becomes mandatory.

What is the Billing Cycle? When does Franchise get paid?

The Billing Cycle is 15th of every month. All the payments realised by 12th of each calendar month will be released by the franchisor to the franchisee on the 15th of the same month.You will receive the payment for a closure only after Morpheus receives the payment from the client and the completion of his/her replacement period.

Do you deduct TDS from my Share?

It depends on the State to State Government Requirement. As per the State Government requirement if it is mandatory then a Trade License becomes mandatory.

How is my money given to me?

Cheque could be couriered to you on your mailing address.

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