Franchising Programme
We are maintaining all our franchise outlets as Flagship Stores.
FLAGSHIP STORE
We are maintaining all our franchise outlets as *FLAGSHIP STORES so that our franchisee members can avail all mentioned branding aspects to the store.
The term flagship refers to a ship which is the largest, fastest, latest, most heavily armed or the lead ship in a fleet. Similarly all the retail chains have one or more flagship stores that are bigger, shelve more merchandise than the rest, and are more impressive. These selected stores are given more attention, have a complete range of products, and perhaps have special merchandise on display.
Smith and Morgan's business values and ethics are always different. We shall not discriminate against any of our outlets on the basis of business range, business location, or physical area.
The supply and the sales will be minutely monitored at micro level from designs to color, size, etc. This will be taken care of by our specially trained business development team to ensure all the outlets are profit centers.
Franchising Programme
In order to participate in Smith & Morgan's franchise program, a few years of experience in selling a similar commodity is expected.
Franchise Application Form
Submit complete franchise application along with required documents and photographs of the proprietor.
Face to face meeting
Franchise partners will be invited to Smith & Morgan's head office. The franchisee prospect can have a detailed discussion with our retail division about the franchise business including terms and conditions as a pre-documentation.
Presentation of the commercial terms
This process will present the commercial terms of our business to the franchisor for their review.
DOCUMENTS
Following documents to be submitted by the franchise prospect to Smith & Morgan head office for forwarding the further process.
- Property ownership or lease/ rental agreement document
- Property certification of free from the lien
- GST license
- PAN copies of company and the individuals
- Last one year bank statement
- Signature verification from the bank
- Personal current financial liabilities declaration
- Certified true copies and personal documents self-attested
Visit to franchisee's proposed location
Concerned representative of Smith & Morgan's head office will visit the proposed franchisee's location.
Key considerations during this visit will be visibility of the store, accessibility, parking, primary trading area, competitors, market environment, staffing solutions, logistics, and proposed outlet specifications.
Formal Qualification
A franchisee approval letter will be submitted with the indicated location after the company person's visit.
Once the franchisee approval letter is issued, the franchisee prospect is required to submit the approved location's property ownership proof or lease/rent agreement.
Letter of intent
The letter of intent shall be signed by both Smith & Morgan and the franchisee prospect as a first step towards signing the franchise agreement.
- Signing of the LOI within 15 days from Smith & Morgan's approval
- Booking fee/payment to be made upon signing of LOI
- Smith & Morgan will furnish the franchisee store after receiving a certain amount of advance for starting the furnishing process.
Franchise Agreement
The signing of the franchisee agreement will take place at the Smith & Morgan Head office with WAMP defaults, within 65 days of signing of the LOI.
Letter of the appointment of the Franchisee
Smith & Morgan would be issuing the letter of appointment to the franchisee prospect. The store will be opened within 65 days from the date of execution of this agreement.
In depth Introduction
Along with the letter of appointment of the franchisee, you will be invited to visit our head office. During this visit the franchisee will receive a more in-depth introduction to the Smith & Morgan backend team.
OPEN AND ONGOING SUPPORT
Design and construction. We will assist the franchisee in the process of planning, designing, and building the retail store through our approved vendors. Comprehensive information such as prototypes, blueprints, equipment, signage, furniture, and fixture lists details will be provided by Smith & Morgan.
The cost of building the store, furniture, interiors, and accessories will be borne by the franchisee. We will always work with pre-approved and designated vendors to keep the brand consistent, cost-controlled, and more importantly, so the work can be completed on time.
Comprehensive training program
Franchisees must complete a comprehensive training program at Smith & Morgan's head office. You and your crew will learn the important aspects of running a Smith & Morgan retail store successfully. The training will cover key topics such as production, software, and sales.
Ordering and supply
The franchisee purchasing manager should be in touch with Smith & Morgan's retail sales support team to keep updated on new arrivals of designs and garment materials. The team will inspect the retail stores to ensure business support.
Marketing
Our visual merchandisers will work closely on the various marketing activities for the grand opening. They will stay in touch with you, assisting and promoting the store. They shall provide you weekly, monthly, and seasonal window displays.
Store opening support
Our operations team will be on-site to assist you for the successful grand opening of the Smith & Morgan retail franchise store. Their aim is to train your crew, implement the marketing plan, and execute the operating system taught in the training program.
Operating assistance
Smith & Morgan's procedures and operating standards are fully outlined for you in our franchise operation manual. We will take you through the step-by-step procedures on how to leverage efficiencies and maximize profit.
Ongoing support
Regular visits by Smith & Morgan's business development team will assist in evaluating and enhancing all aspects of our business. Our objective is to help you improve sales, increase profit, and provide a better shopping experience.
Connect Us?
We are always waiting for your valuable call,
+91 7902348448, +91 9656574075, +91 9207348448OUR FRANCHISE STORES
Flagship Store
Able Avenue Building, Near Indian oil pump, Karassery junction, Mukkam
PIN: 673602
Main Franchisee
Anish and Ashith Engineering Building, #27, Gokulam, M.S.R Nagar, Mathikere, Bangalore, 560 054
