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Paragon Footwear - Manager - Business Development - Retail

Paragon Footwear - Manager - Business Development - Retail

Paragon FootwearBangalore, India
20 days ago
Job description

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 franchisees
  • Conduct 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 franchisees
  • Periodic Franchise Performance monitoring and evaluation with operations team
  • Supporting Franchisee in Store P&L
  • Identify areas for improvement and provide timely support
  • 3. Franchise Sales and Growth :

  • Helps to achieve franchise to grow the franchise network
  • Identify and pursue new franchise opportunities
  • 4. Franchise Training and Development Programs :

  • Coordinate staff training programs for franchisees
  • Ensure compliance with brand standards and policies
  • 5. Franchise Marketing and Promotions :

  • Coordinate and implement franchise marketing and promotion strategies
  • Support franchisees with local marketing initiatives
  • 6. Franchise Operations and Compliance :

  • Ensure franchisees comply with brand standards and policies
  • Conduct regular franchise meetings, along with Operations Team
  • 7. Franchise Financial Management and Analysis :

  • Analyze franchise financial performance and provide guidance
  • Support franchisees with financial planning and management
  • 8. Franchise Network Development and Expansion :

  • Identify opportunities for franchise network expansion
  • Develop strategies for new market entry and growth
  • Requirements :

  • 7+ years of experience in commercial real estate, retail leasing, or a related field
  • Strong research and analytical skills, with attention to detail
  • Excellent communication and negotiation skills
  • Ability to work independently and prioritize tasks effectively
  • Strong knowledge of the retail industry and local market trends
  • Proficiency in Microsoft Office, particularly Excel, and online research tools
  • PGDM / Bachelor's degree preferred
  • Experience with GIS mapping tools and spatial analysis
  • Knowledge of local zoning laws and regulations
  • Familiarity with franchise operations and development processes
  • We Offer :

  • Competitive salary and benefits package
  • Opportunity to work with a growing and successful franchise brand
  • Collaborative and dynamic work environment
  • Professional development and growth opportunities
  • (ref : iimjobs.com)

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    Development Manager • Bangalore, India

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