Benefits of Being a Money Transfer agent for a Franchise

Mos Utility pvt. ltd. is one of the rapidly leading franchising company in the country. The company has been operating along with over 20,000 agents in distinguished parts of the country and prominently known as “MultilinkWorld.” Mos Utility accomplished and grabs high reputation in the franchise industry all over India. MultlinkWorld review comes up with the description of some perks that the money transfer agents get through operating for franchising companies.

High Commission:- 

Although, one may earn good money from his/her full time job but it undoubtedly, people do not prioritize to totally depend upon it. Thus, variation this disadvantage, being a money transfer agents, Agents get high commission over number of transaction they exercise on.

Incentives :- 

Money transfer agents do not only get commission but sometimes rewarded with incentives and bonuses which makes a big difference in their professional life and they get the comfort of living luxurious life.

Marketing and Advertising Skills:- 

Although, Being a money transfer agent is not a full time job but exercising/operating as money transfer agent consists of distinguished regular activities which develop the professional skills of marketing and advertising in them because in Money transfer agents are held responsible for marketing and advertising of franchising company he/she associates with.

Prioritized:-

People around the globe do keep in touch with money transfer agents because transactions through money transfer agents ensure security, safety and reliability. Also, this help in boosting the trust of people in franchising companies.

Convenient and Simple :-

Having being associate with franchising company do not cause any chaos in regular professional or working lives of agents because the exercising and activities to be done by money transfer agents are convenient and simple. They do not include any kind of pressure over agents.

These were the various benefits of being a Money transfer agents. Mos Utility Pvt. ltd has always been supportive to their agents and never faced any serious issue like Mos Utility Pvt. Ltd complaints. The franchising company, MultilinkWorld offers other various services. Visit the site to view more.

Why the Agents of MultilinkWorld are Excellent?

Mos Utility pvt ltd is leading franchising company in India. The company is prominently known as “MultilinkWorld”, offering various option to individuals for operating as an agent and don’t fully depend on their full time jobs. However, the company has achieved fame and appreciation in the community and country rapidly and currently over 20,000 agents are associated with MultilinkWorld and agents are well trained and hold some qualities which make them different.

Communication:-  

Agents of MultilinkWorld hold excellent communication skills; they are capable of making the individuals understand that what the service is all about without adding any kind of information which create hotchpotch in mind of service takers.

Optimized:-   

Agents of MultilinkWorld are optimized that is they are efficient and fast. However, today people do not have much time to just listen about a services and therefore, they are more interested in the information which is useful and to the point. Agents of Mos Utility talks point to point/about useful or attracting things involve in package instead of wasting time.

Friendly:-

Agents of MultilinkWorld hold a friendly behavior instead of roaming around with a face stress out and totally faded. This friendly behavior helps people to communicate to the agents easily in aspect of their queries, or expectations towards package or services.

Professionalism:-

Although, agents of Mos Utility pvt Ltd is friendly but they do not communicate outside the boundaries of professionalism. They do not engage in any kind of personal communication with the clients which may backfire as a negative impact on the franchising company they are associated with.

Cooperative:-  

Agents of Mos Utility pvt. Ltd are cooperative in nature, they listen to the demands and expectations of the clients calmly and provide them as much information as they demand. Also, in any kind of complication relating to the services of the franchising company, they help in recovering or solving the issues with total support.

These were the various reasons why agents of MultilinkWorld are excellent and better than any other agents of franchising company. Mos Utility pvt. Ltd is rapidly leading franchising company in the country operations along with over 20,000 agents all over India.

5 Operational Activities of Travel Distributor

Travel distributor refers to the agent who offers travel plans and related services like booking, informing or helping customers in choosing destination to travel, lodging, transporting, passport of visa needs etc. Mos Utility Pvt. Ltd. is a leading franchising company in India offers travel distributorship to people in the country. MultilinkWorld has been operating with over 20,000 agents all over the country. There are various operating activities of Travel Distributors.

1) Developing Tour:-

Travel distributor holds the responsibility of designing and developing tours including destination, package, charges, number of people, travelling requirements, travelling schedules etc. All these factors provide satisfied information to people and attract them towards tour package or offer.

2) Accommodation and Travel Reservations

It is one of the duties of travel distributor to make reservation and scheduling travelling according to the particular offer or package chooses by the client. All responsibilities related to travelling of the clients lie in the hands of its travel distributor.

3) Offering Customer Service

Travel distributor is signed up for offering customer service to the clients. They handle all the queries regarding the journey or tour package. Also, travel distributors held more responsible for any inconvenience to the client in aspect of tour rather than the company he/she associates with.

4) Dealing with Complaints

All the responsibility of inconvenience to the customer or client lies in the hands of travel distributor and hence, he/she needs to deal with all the complaints in diplomatic manner and calmly. Travel distributor holds no right to hit back the complaint on the client, in case, the inconvenience happened due to irresponsible behavior of travel distributor.

5 ) Updating Brand Information

Providing latest information about respectable brand and information knowledge relating to tour package or any other service is the responsibility of Travel distributor. Moreover, if any changes take place in the package already chosen by client, informing and taking consent from the client is also lies in the responsibility book of travel distributor.

These were the various responsibilities or operational activities of travel distributor, Mos utility pvt. Ltd offers travel distributorship opportunity. This kind of agent-ship can lead you to “no more fully dependent upon full time job.”

5 Tricks of Running Franchising Business

“Although, it is a belief that franchising businesses are easier to handle but it must be noted that franchising business is not inside the capabilities of everyone until or unless they are familiar to the tricks to run a franchising business” elaborated by studying the experience of leading franchise company Mos utility pvt. Ltd, prominently known as “MultilinkWorld“. This franchise business offers variety of franchising opportunities and business model as well. Keeping an eye on performance of MultilinkWorld, its heads suggested various tricks of running franchising business.

1) Enlightened Concept of Business:- 

As a franchisor it is significant for franchisor to have a very clear view of concept of hisbusiness because franchisor cannot depend on franchisees until or unless he knows business from all the four sides either inside or outside. It is the duty of franchisor to provide operating directions to franchisees in understandable manner.

2) Choosing Suitable Franchisees:- 

Franchisees play huge role in running franchising business because franchisees are the one who handle or trading activities of the business. Therefore, Franchisor must recruit franchisees with care and capable franchisees and also, franchisor must choose those franchisees should be entrepreneurial minded.

3) Investment in Training:-  

Training is essential part of franchising business as to understand business properly franchisees are given training so that they know what they have to do at daily basis, what are it’s daily operations. Therefore, franchising company must invest in training of franchisees.

4) Maintain Control:-  

Franchisors are advised to keep tight controls as it is essential to enlightening business operations along with proven marketing plan which describes other exercising activities or options of franchisees like accounting practices, personnel policies or stimulation campaigns.

5) Systematize for Emulation:- 

Emulation refers to “effort to match“. However, franchisor should study and do spend time in documenting the systems which established accomplishment for your franchisees and emulate because franchisor should know that they do not sell their product or services but their system for success.

These were the various tricks of running a franchising company or business and lead it to the level of success. Mos utility pvt Ltd Recommends following these tricks, if urging for development and success of business. Franchisor must maintain good relation with its franchisees as they are essential part of the business.

5 challenges of Franchising

Franchising plays an essential role in economy of the country. Although, franchise business provides loads of opportunities to their agents so that they don’t need to be fully dependent on their full time jobs for every other expense but there are many challenges one needs to face while franchising. MultilinkWorld is one of the ranked franchise business among the country and has been operating over 20,000 agents all over India. MultilinkWorld reviewed various franchising challenges and they are:

1) Operating Within the System

It is essential in franchising to function according to the given directions and work within the system otherwise franchising will frustrate you out because without following or working out of the system may cause franchise and business a great loss. There are lesser areas in franchising where one can be creative.

2) Exercising With the Franchiser

Franchising can be considered as a lawful long-term binding relationship as the relationship of franchisee and franchisor is essential in franchise business and is the root of business. In order to exercise positively with franchisor, franchisees need to known franchisor and strengthening bond with franchisor is the challenge.

3) The Risk

In franchise business the final risk lies in the hands of franchisees as franchisees plays essential role in operating as well as marketing of the business, no matter if franchisor has a reputed name or great programs because franchisees are the one who truly operate.

4) Expectations

In franchise business, franchisee cannot expect instant success because they first need to do great efforts to get accomplishment as success in franchise demands time, initiatives and industry. Therefore, patience must be the franchisee’s priorityin franchising.

5) Business Management

Franchising always demand an ability to run a business and therefore in franchising, business management is a great challenge. If one seek any kind of problem in business management he/she can ask for help to franchisor.

Thus, success of franchise business is all depend upon the operating power of franchisees and their skills in running a business. One must be able to face any kind of challenge with the confidence of winning because franchisors keep faith in franchise for further development of franchise business. MultilinkWorld one of the top notch franchise business throughout the country set a perfect example of success of franchise business.

Advantage of Franchise

Franchise is defined as a business linking between franchisee and franchisor.

The franchise agreement consists of training in the functioning of franchise business and existing of franchising concept in aspect of activities like marketing campaign, sourcing stock, implementing sales contract etc. MultilinkWorld is a franchise business that provides various business models and have been operating with numerous of agents throughout the country since ever established. There are various benefits of franchise.

Management training and support :- 

Incompetent management cause business to fall towards loss. Franchisors are familiar to this and thus, provides training programs to franchisees before they come into operating as the major success of business depends on franchisees or agents.

Regiment quality goods/services :-

A franchisee affiliates a license to sell the product/ services of franchisor or franchise business and has a right to use associated brand name, and the quality of goods/services describes the reputation of business and franchisor.

Territorial protection :-

Franchisors offer franchisees or agents a territorial protection which privileges the franchise to distribute brand name goods/services within a particular geographic area. The size of franchise differentiate from industry to industry.

Enhance probability of success :-

Franchising is less risky than creating a business, the appropriate success rate of franchising are reference to wide range of services, assistance, guidelines provided by franchise business owner/franchisor. Many franchisor accepts that franchising plays huge role in success of their business.

Brand name appeal :-

Franchisee privileges to use globally known and advertised brand name for goods/services and this is why franchisee/agent holds the benefit of using widely recognized name to identify his business and generally it offers a great deal of selling power.

These were various advantages of being a franchisee/agent other than depending wholly upon full time job or building a new business. It enhances one’s skills, experience and learning in the field of marketing and does not require any great investment but just numbers of assets like laptop/computer system, printer, internet connection and hard work.

4 Major Boons of Becoming IRCTC Authorized Agent

MultilinkWorld, a no.1 leading franchise business company all over country resides in Mumbai. The company is associated with over 20k business partners and swiftly growing. IRCTC Authorized agent is one of it’s franchise business offered to the businessman, housewives, retailers, students, professional, and cybercafes. IRCTC Authorized agent has been beneficial to many agents and some of it’s benefits are described.

Unlimited booking

Being an IRCTC Authorized Agent one can book the numerous of tickets, there is no limit set for these agents. Along with this, these IRCTC Authorized agents do not require any kind of bank accounts and cash can be deposited in principal agent bank account.

Risk of cancellation

The tickets issued through IRCTC Authorized agents cannot be cancelled, therefore, any number of tickets issued by an IRCTC Authorized agent must be operative. However, these agents provided the facility of issuing tatkal ticket after the 30 mins of opening time.

Trade license

Although, to trade any kind of product or services either online or real, every dealer should have trade license but IRCTC Authorized agents do not require any trade license in aspects of railway agency and can book any number of ticket within a day and the tickets issued to them are printed with the details of their agency.

Direct login

However, agents are prominently known as people who get commision on what they sell or deal in but also they get other benefits like IRCTC Authorized agents gets the advantageof direct login in the portal of IRCTC and the railway ticket fare deducted from their wallets and therefore, tickets get issued or created faster.

These were few benefits of being an IRCTC Authorized agent, however, the agent gets an attractive commission but they are also serve with these benefits which is advantageous to them and give a great comfort while they deal as an agent for the company. So, stop being depending upon full-time job and be an agent.

To Know more you can visit : MultilinkWorld.

5 skills essential to be a travel agent

Being a travel agent one gets a load of benefits and can earn an attractive commission. Conversing about the travel agents, there are various skills required or essential to be a travel agent suggested by MultilinkWorld. Multilink world, a leading Franchise Company all over the country offering variety of opportunities in relation to franchise businesses like travel agent, money transfer agent, IRCTC Authorised agent, Mos Utility service agent etc.

1) Contracting

Travel agent must be effective and efficient in storing contracts of various hotels, resorts and know excel for the detailing of contract properties. Delay of contract must not be in the dictionary of agent as it makes a negative impact over customers.

2) Costing

The agent must be capable of mapping right itinerary, products and offers and discount to the client. Also, have update knowledge of offers and promotions provided by suppliers or company he is operating.

3) Tracking

The travel agent must be able to do tracking in the right time because timely tracking of obligations to the suppliers and maintaining a report with the supplier promotes business growth. He must ensure the efficient follow up with supplier, guest, and customers.

4) Competing

The travel agent must be capable of stay in competition as there are numerous of online agencies and websites, guest access travel agent anywhere and therefore, he should be able to provide best availability of rates, hotels, destination, itinerary, packages etc. And provide them the facility of online payment options.

5) Payment collection

For travel agent payment, collection is slower and need manual intervention. Sometimes online payment options consume time due to technological circumstances and in direct payment, one need to go to other to collect payment, which could be complex.

These were few challenges or skills one need to become a travel agent. Although, these skills are not very complex but one will take time and efforts to be perfect in them. Moreover, these skills not only help you while operating as an agent but lead to your personal growth and knowledge.

5 skills Necessary to be a travel agent

Being a travel agent one gets a load of benefits and can earn an attractive commission. Conversing about the travel agents, there are various skills required or essential to be a travel agent suggested by MultilinkWorld. Multilink world, a leading Franchise Company all over the country offering variety of opportunities in relation to franchise businesses like travel agent, money transfer agent, IRCTC Authorized Agent, Mos Utility service agent etc.

Contracting

Travel agent must be effective and efficient in storing contracts of various hotels, resorts and know excel for the detailing of contract properties. Delay of contract must not be in the dictionary of agent as it makes a negative impact over customers.

Costing

The agent must be capable of mapping right itinerary, products and offers and discount to the client. Also, have update knowledge of offers and promotions provided by suppliers or company he is operating.

Tracking

The travel agent must be able to do tracking in the right time because timely tracking of obligations to the suppliers and maintaining a report with the supplier promotes business growth. He must ensure the efficient follow up with supplier, guest, and customers.

Competing

The travel agent must be capable of stay in competition as there are numerous of online agencies and websites, guest access travel agent anywhere and therefore, he should be able to provide best availability of rates, hotels, destination, itinerary, packages etc. And provide them the facility of online payment options.

Payment collection

For travel agent payment, collection is slower and need manual intervention. Sometimes online payment options consume time due to technological circumstances and in direct payment, one need to go to other to collect payment, which could be complex.

As per the Experts of Mos Utility These were few challenges or skills one need to become a travel agent. Although, these skills are not very complex but one will take time and efforts to be perfect in them. Moreover, these skills not only help you while operating as an agent but lead to your personal growth and knowledge.

5 Common Mistakes People Make While Expanding New Markets

It is true that many market entry initiatives fail and same mistakes often occur from time to time again. But this does not mean that it is due to a ‘bad product or service’. It is from execution of the strategy, or may even be, due to a lack of strategy in the first place. Following are listed a few of the common mistakes that people make while expanding new businesses:

 1. No clear objectives or defined ‘success’ criteria

In every business, you ought to know ‘why’ you are doing it. You need to have clear objectives, mission and vision in mind in order to succeed. The objectives should be clear, concise, achievable, and measurable.

 2. Having no plan

Planning is the first step in the process of management. Things become simpler when we plan. Planning lets you optimize your time and resources towards successfully achieving sales and partnerships when you do actually enter the market. 

 3. Failure to adapt for new markets

For entry into a new geographical market, you need to adapt. You need to know what your customers want, and you know the way that business works in your home market and how to best achieve profitable sales. 

  4. The wrong team

Clarity on ‘Why we are doing this’, and ‘What is the plan’, is key, but so also is the team. Selecting a support team and who does what needs careful consideration.

 

    5. The wrong lead person in-market

People with culturally empathetic skills are assets everywhere, as well as those with an ability to learn and adapt.  You ought to select the right lead person and ensure he/she has a blend of skills.

Multilink Mos Utility Private Limited started way back in 2008 as garage startup, with total 2 employees. Most of the time was spent in raising some money to develop e-commerce platform and rest of the time trying to develop network of agents. Chirag had loyal base of agents who were ready unconditionally to work with him. After meeting with Viren (IT-Consultant) they decided to launch India’s first B2B2C e-commerce portal. With sheer hard work from Nikhil, Chirag & Viren the positive result started. Then they decided to work without rewards for months and all revenue were re-invested back in development of India’s most advanced e-commerce platform, “Business-In-A-Box”. Today MultilinkWorld has network of 700+ distributors and 15,000+ agent networks across India.