BFIN Group sells exclusive franchise rights for a white-label license internationally.
The franchisee or licensee thus owns and holds the exclusive rights to sell Bfin brands under the white label globally.
The products of BFIN, available for white label branding, are found on officetools.bobosoho.com and/or BFIN..
The price
Under the license agreement covering global rights, it is 500000€ (five hundred thousand euros)
The royalties and product costs
Product cost fixed to 15% of retail price, paid 30 days
Royalties at 3 % on sales, paid quarterly
Or the partnership agreement
BFIN group is open to negotiations to form a partner and spin off the white label brand into a dedicated LTD company, of which this LTD will market and own the brand internationally. The amount for this investment can be negotiated according to the percentage holding the partner wishes to take up. Meaning the value of 500000€ via transfer of the goodwill and market rights, including the products making up the white label packs, the back end coding, research and investment into the concept and products. The new partner can take up the % required and manage the company in parallel with the Bfin group, which has two directors.
BFIN Group will continue to provide support, server management, products, products updates, new product development, maintenance and support to licensee
The licensee's responsibility
Will own and Sell the white label branding of BFIN products internationally
provide market service and support to its clients
Market potential
Research values this market at more than $20 billion, franchisee have potential to cultivate 10,000 customers worldwide, each with unique server in cloud. Clients to pay (suggested) up front for 12 months. You may price them from 1500 to 3000 euros per year.
Products for white labelling which are loaded onto the users server provided by bfin, the users unique domain name, web site, and payment system will then white label the selection of products selected from Office Suites family, Office Suites business, and any one of the following dedicated products : Payroll Classic, HR Payroll, Email, Project Manager, Home Accounting, Gaap Accounting, IFRS, Bobo & Holmes.
Pricing markup
It is suggested that your cost is 15% of retail price plus 3% on sales, with a markup of 100% to white label client at 35% of retail price, thus allowing the user to make a gross margin of 65%
