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HRedp Data Services Franchise Cost – How to get, Contact, Apply, Fee

  • Area Req
    200 - 300 Sq.ft
  • Investment Range
    INR 10000 - 50 K
  • No. Of Franchise Outlets
    Less than 10

About brand - HRedp Data Services

HRedp Data Services Franchise Model: A Lucrative Business Opportunity in HRMS Development

In today’s fast-paced business environment, Human Resource Management Systems (HRMS) have become essential for companies of all sizes to streamline their HR processes. HRedp Data Services is a leader in providing cloud-based HRMS solutions, and they are offering a unique and lucrative franchise opportunity for aspiring entrepreneurs. With a robust HRMS platform called GNAT, HRedp Data Services has created a comprehensive solution that integrates payroll processing, leave management, subcontractor management, gate pass systems, and employee self-services. By becoming a franchisee, you will have the chance to be part of a fast-growing industry, offering a proven business model that can generate high returns.

Company Overview

HRedp Data Services specializes in developing cloud-based HRMS solutions that help businesses manage their human resource operations efficiently. Their flagship product, GNAT, offers a comprehensive suite of HR tools designed to automate payroll processing, manage employee leave, monitor subcontractor activities, and provide employee self-services. This all-in-one solution is designed to simplify HR management, reduce errors, save time, and ensure compliance with statutory regulations such as PF, ESI, and Profession Tax.

The GNAT system includes several modules such as payroll processing, preparation of payslips, bonus calculations, leave encashment, and income tax processing. Additionally, the software allows for cloud-based access, which means that documents processed by franchisees can be made available to customer companies on the cloud, ensuring easy and secure access via password-protected platforms.

The cloud-based nature of the product ensures that both the franchisee and the client companies can access essential documents and information remotely, offering convenience and real-time updates. This scalable and flexible system is ideal for businesses looking to outsource their HR operations to streamline their processes and reduce administrative burdens.

Franchise Opportunity

HRedp Data Services is now offering a lucrative franchise model for individuals interested in the HRMS business. As a franchisee, you will have access to the GNAT HRMS system, allowing you to offer payroll processing and other HR management services to local businesses. The franchisee model is designed to be straightforward and user-friendly, making it an ideal business opportunity for entrepreneurs looking to enter the growing field of cloud-based HR services.

Payroll Processing and Beyond: As a franchisee, you will be able to take on payroll processing assignments from client companies. This includes a wide range of services such as preparing paysheets, payslips, calculating statutory deductions (PF, ESI, Profession Tax, LWF), bonus processing, leave encashment, and income tax calculations. By providing these services using the GNAT platform, you will save your clients valuable time and resources while ensuring accurate and timely processing of their payroll.

Additionally, the GNAT system provides other essential HR features, such as leave management, subcontractor management, gate pass systems, and employee self-services. By offering these services at no extra charge, you can add more value to your business and enhance your reputation in the market as a comprehensive HR solution provider.

Ideal Franchisee Profile

The ideal franchisee for HRedp Data Services is someone with a strong entrepreneurial spirit, a keen interest in the HR technology sector, and a desire to build a successful business. The key characteristics of a successful franchisee include:

  • Entrepreneurial Zeal: Franchisees should have a strong desire to succeed and the willingness to invest their time, effort, and resources into growing their business.
  • Business and Managerial Skills: While prior experience in HR or IT is not required, franchisees should possess strong managerial skills and be able to oversee operations, manage clients, and handle day-to-day tasks effectively.
  • Interest in Technology: As the business involves a cloud-based software platform, a basic understanding of technology and how it can be applied in HR management will be beneficial.
  • Commitment to Excellence: Franchisees should be dedicated to providing top-notch service to their clients and ensuring that HR processes are managed seamlessly using the GNAT platform.
  • Customer-Focused Mindset: A strong focus on customer satisfaction, attention to detail, and the ability to manage relationships with client companies is crucial to succeeding in this business.

HRedp Data Services Franchise Cost & Investment

Commenced Operations

Operations Commenced On 1996

Franchise Commenced On 2014

Franchise Details
Units

Investment INR 10000 - 50000

Franchise/Brand Fee INR 50000

Royalty/Commission 70 %

Details

Exclusive territorial rights to a unit franchisee Yes

Anticipated percentage return on investment 70 %

Likely pay back period of capital for a Unit Franchise 1-2 Months

Other investment requirements Yes

HRedp Data Services Expansion Plans

North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal

South

Kerala, Karnataka, Tamil Nadu

East

Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

Union Territories

Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

 

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HRedp Data Services Franchise Requirements

Floor area requirement 200 - 300 Sq.ft

Preferred location of unit franchise outlet near industrial areas

HRedp Data Services Franchise Training

Detailed operating manuals for franchisees Yes

Franchisee training location online at their premises

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

HRedp Data Services Franchise Agreement Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 3 Years

Is the term renewable? Yes

Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.

How to get HRedp Data Services Franchise

Franchise India stands as a premier platform offering a wide spectrum of franchise opportunities across diverse industries. Embarking on your entrepreneurial journey through a franchise presents a promising venture. To get information about HRedp Data Services franchise, you can fill up the application form provided on the website and get all the details viz. HRedp Data Services franchise fee, HRedp Data Services franchise cost, HRedp Data Services apply process and more.

Interested in HRedp Data Services Franchise? Apply here

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