About the job
Job Title : Manager - Business Development
Reports to : Retail Head
Location : [Bangalore]
Job Summary :
We are seeking a highly motivated and detail-oriented Business Development Manager to join with our Retail Team. The successful candidate will be responsible for identifying and securing retail locations for our EBO Stores, acquiring and on-boarding franchisees, delivering timely support for the smooth & efficient store opening.
The ideal candidate will have a strong understanding of the retail industry, excellent property scouting skills, relationship with Landlords, Acquiring New Franchisee Investors, Maintaining relationship with Potential Franchisees, Negotiation skills, Store P&L Management, Strong Business acumen and the ability to work independently.
Key Responsibilities :
A) Property Sourcing and finalization
- Conduct thorough market research to identify potential retail locations for Own and franchisee stores, including :
- Analyzing demographic data, foot traffic, and competition
- Reviewing local zoning laws and regulations
- Evaluating site characteristics, such as visibility, accessibility, and parking
- Utilize online databases, mapping tools, and other resources to identify available properties, including :
- LoopNet
- Google Maps
- Local real estate listings
- Network with commercial real estate brokers, property owners, and other industry professionals to gather market intelligence and identify off-market opportunities
- Understanding Lease Agreements, Legal Terminologies, Retail Specific Property Lease Terms and Documentation
- Develop and maintain a database of potential locations, including property details, ownership information, and contact details
- Collaborate with franchisees to understand their specific location requirements and preferences
- Provide recommendations on potential locations to franchisees and internal stakeholders
- Negotiate lease / purchase agreements on behalf of franchisees ..
- Stay up-to-date on industry trends, market conditions, and competitor activity
B) Onboarding Franchise, setting up business, analysing business growth, delivering support.
1. Franchisee Recruitment and Selection :
Recruit and select qualified franchiseesConduct franchisee interviews and onboarding relevant franchisee mutually agreed upon relevant terms and conditions.2. Franchise Business Planning and Development :
Build and maintain strong relationships with franchiseesPeriodic Franchise Performance monitoring and evaluation with operations teamSupporting Franchisee in Store P&LIdentify areas for improvement and provide timely support3. Franchise Sales and Growth :
Helps to achieve franchise to grow the franchise networkIdentify and pursue new franchise opportunities4. Franchise Training and Development Programs :
Coordinate staff training programs for franchiseesEnsure compliance with brand standards and policies5. Franchise Marketing and Promotions :
Coordinate and implement franchise marketing and promotion strategiesSupport franchisees with local marketing initiatives6. Franchise Operations and Compliance :
Ensure franchisees comply with brand standards and policiesConduct regular franchise meetings, along with Operations Team7. Franchise Financial Management and Analysis :
Analyze franchise financial performance and provide guidanceSupport franchisees with financial planning and management8. Franchise Network Development and Expansion :
Identify opportunities for franchise network expansionDevelop strategies for new market entry and growthRequirements :
7+ years of experience in commercial real estate, retail leasing, or a related fieldStrong research and analytical skills, with attention to detailExcellent communication and negotiation skillsAbility to work independently and prioritize tasks effectivelyStrong knowledge of the retail industry and local market trendsProficiency in Microsoft Office, particularly Excel, and online research toolsPGDM / Bachelor's degree preferredExperience with GIS mapping tools and spatial analysisKnowledge of local zoning laws and regulationsFamiliarity with franchise operations and development processesWe Offer :
Competitive salary and benefits packageOpportunity to work with a growing and successful franchise brandCollaborative and dynamic work environmentProfessional development and growth opportunities(ref : iimjobs.com)