Q1. |
What is NIFA ? |
Ans. |
NIFA
stands for National Institute of Finance and
Accounts.
NIFA is actually dealing with “Computerized
Accounts and Finance Training”, which includes
Banking, Payroll & Investments, Taxation, ROC & Excise,
Industrywise Accounting etc. |
|
Q2. |
What is NIFA Franchising ? |
Ans. |
NIFA
Franchise is an opportunity that equips its Franchisees
with a Proven business model, State-of-the-art
infrastructure and continuous support to operate
successful Finance & Accounts
training center. |
|
Q2.5 |
Is it a National Level Institute ? |
Ans. |
Of Course, yes. We are present in lot of places in India and are on a path to mark our
presence in every nook and corner of the Country. We have Company owned RegionalOffices being set up in almost all major state capitals of the country. |
|
Q3. |
What
services does a NIFA Franchise typically
provide? |
Ans. |
All NIFA locations offer multiple services at the best prices available. NIFA locations are staffed with experts who not only know how to efficiently teach , but can also advise others on their different needs. |
|
Q4. |
What
kind of experience is needed to
run a NIFA Franchise location
Centre? |
Ans. |
Not much
, just basic common man experience & intelligence, backed up with a strong desire to
GROW. Our Team & efficient Support system
is there to guide & support
you all the Way….. |
|
Q5. |
What
kind of business experience is needed to operate
this Franchise? |
Ans. |
Business
experience is helpful; particularly hands-on
experience in Sales, Retail, Marketing, Customer
Service, Operations, Management, Accounting and
Finance. |
|
Q6. |
What is the background of NIFA ? |
Ans. |
NIFA
has been promoted by M/S Systech Infocomp Services
(P) Ltd , which is a Company incorporated in
the year 1996 , under the Companies Act , Governement
of India , 1956 . It has been promoted by a group
of Professional Accountant (C.A./C.S./ICWA) who
have the experience of more than a decade . We
entered the arena of providing Vocational Educatio
to the masses around 10 years back and can boast
today of being a reputed complete Computerized
Accounts and Finance Training Institute. |
|
Q7. |
What
kind of Affiliations do you have ? |
Ans. |
We
do not have any kinds of Affiliations save apart
from ISO 9001 : 2000 certified by an International
body for Qualitative Education and Services offering
. |
|
Q8. |
Who are the promoters of NIFA ? |
Ans. |
NIFA
is being promoted by Mr. Deepak Jalan who is
the Managing Director of the Company. He is a
technocrat and has an experience of around more
than 10 years in the field of Education and Training
.He is ably assisted by Mr. Kailash Jalan , who
is an FCA ( Fellow of Chartered Accountants of
India ) and is into CA practice for more than
a decade now. As a CA ( Chartered Accountant
) and an Honorary Consultant to NIFA , he is
the man behind the strong R and D team of NIFA
. |
|
Q9. |
What type of customer does NIFA serve? |
Ans. |
NIFA training
centers are for people who are enthusiasts
of all ages and ability levels. Our clientele
cut across all age and demographic groups throughout India
. Entrepreneurs , Businessmen , Accounting Professionals, Trainers
, Officials and youths are
a major focus of our Franchisees. |
|
Q10. |
What competition exists in this industry? |
Ans. |
This is a relatively fast growing business opportunity that is experiencing rapid growth throughout India .The
NIFA brand includes a lot of practice facilities, professional instruction and On Job Training all under one roof. NIFA is growing rapidly offers its new franchisees a proven plan to become successful in this industry. |
|
Q11. |
What
is the initial Franchise Fee for this opportunity
? |
Ans. |
Upon
receiving an offer to join the NIFA team,
you will return the signed Franchise Agreement
along with a Rs. 4.5 L initial Franchise
Fee. At that point, you have officially joined
the team. You will have to the company intranet
site, In the NIFA Franchisee Model you
will begin to learn the business months before
you open your doors. Other team members Management,
Founders, BDM’s, AM’s and other
Franchise owners will help guide you on a regular basis. |
|
Q12. |
What
is the typical overall investment to start
an NIFA Franchise location? |
Ans. |
Rs.8 – 10 L. Consider this a range of what you may invest in opening a Center. Please note that this is a broad range because of the many different sizes and types of facility that you may want to develop. For instance, a min of 2500 SqFt.. area , with properly constructed surroundings & rooms. |
|
Q13. |
What
do Franchisees pay for monthly Royalties? |
Ans. |
All
NIFA franchisees pay the Ffranchise Company
a monthly Royalty. This is a flat
rate of 20 % per month beginning
from the day, you open your business. Your
monthly Royalties are a fixed cost that pay for
your continued access to the resources, infrastructure
and support network we have developed to help
you run a vibrant business. All Franchisees receive
a discount on these royalties for the first
six months of operation. |
|
Q14. |
Are there any additional monthly fees? |
Ans. |
The NIFA team enjoys the latest in support technology and web services. You are to additionally pay for the Courseware Indents and Marketing material & any other EXTRA facilities. |
Franchisees
also pay an estimated fee
into Joint advertising , that
is used strictly for Advertising and Marketing
purposes. |
|
Q15. |
What kind of Course Material will I get as part of the Indent ? |
Ans. |
You
will get books of each & every module . The
books are developed by NIFA-R & D team .
Our R&D
team incorporates in itself the Masters of the field of Accounts & finance
i.e - CA's, CS, ICWAI & otherprofessionals. |
|
Q16. |
What type of operating support does NIFA provide to its franchisees? |
Ans. |
All
NIFA franchisees receive unprecedented
guidance and support from our Franchise Team
starting the day you join the team and continuing
throughout the lifetime of your Franchise Agreement.
The SUPPORT SYSTEM ranges from Startup
Support to Promotional Support , Acadamic
Support , Operational Support and to
Placement Support. |
|
Q17. |
What kind of Quality Certification have you got. ? |
Ans. |
This Course at NIFA is ISO 9001 :2000 Certified. |
|
Q18. |
As
ISO is a very common certification these days,
then do you think it is adequate to
run the course for Certification. Don't
you need any affiliation with any Universities? |
Ans. |
Any
university does/could not run this type of course
as they could not Tie up with the software Companies
as we have done. They could not upgrade the course
so frequently as per the market demand. They
could not repeat the classes as frequently as
we do .They can not have back to back Placement
tie ups with the Companies for providing you
jobs . At NIFA , we are making you job ready
from the first day when you will go into
the market after completion of the Course. |
|
Q19. |
Who certifies that the Staff / Faculties recruited are right for the training purposes? |
Ans. |
At
RO/HO level , we try our level best to recruit
and train the best faculties available . By continuously
examining them and providing them with the best
trainings , we take proper care that the faculties
are continuously upgraded. |
|
Q20. |
Is there any training program scheduled for the Staff ? |
Ans. |
Yes
we have a Quarterly Training Calendar being made
in advance for the Faculty Training . The faculties
are always trained for the upcoming and new Software’s
already present in the market. |
|
Q21. |
What
are the Franchise's Online Internet
capabilities? |
Ans. |
NIFA provides
its Franchisees with a full State for Art Web based ERP System for Day to day center transactions & documentations.
All Franchise will have access to the NIFA Website , Franchisee Website, Placement Website. Franchisees
are also provided with a dynamic email system
that enables them to communicate in
a fast and most cost-effective
manner available. |