A step-by-step guide to franchising a Post Office
- Take our free eligibility quiz to know if you are ready.
- Decide if you want to add a Post Office to your current retail business or start a brand new business (more complicated). ...
- Make a search to see if your business postcode is eligible for a Post Office.
- Register your interest with the Post Office, this has 4 pathways: ...
Full Answer
What is post office franchise scheme?
Through post office franchise scheme, franchisees shall provide counter postal services with defined time schedule in areas where post offices cannot be opened. Minimum security deposit is of Rs. 5,000 that should be deposited in the form of National Savings Certificate (NSC)
How to apply for a franchisee?
Step 1: To apply for a franchisee, applicants need to submit an application form in defined format along with a business plan describing activities to be undertaken in the franchise outlet.
What is a licensed Post Office (LPO)?
Licensed Post Offices (LPOs) may be run solely as a Post Office or in conjunction with another business. You'll enjoy use of our established brand, ongoing training and support and many other benefits.
How to apply for a post office franchise?
How to apply for Indian Post Office?
What is postal agent?
How long does it take to get a postage stamp?
Which country has the largest postal network?
Does a franchise work round the clock?
Can a family member of a postal employee take up franchise scheme?
See 2 more
How much is a franchise for USPS?
Facts & FiguresLiquid capital required$48,865Franchise fee$15,000
How do you get a postmaster license?
The ProcessFind a suitable Post Office Franchise. ... Register your interest.contact SubPostmaster.com.Receive an Application pack from Post Office.SubPostmaster.com create your Franchise Application.SubPostmaster.com create your Assessment Notes.Post Office issue your new contract.Post Office arrange training.More items...•
Are UK Post Offices franchises?
Yes. Entrepreneurs who would like to be a part of this major British retailer can open their own Post Office branch with its franchise model. Keep reading to find out more about this unique opportunity.
What is a mailbox franchise?
Mailbox IT Postal Franchises is a nationally franchised company selling a range of business services by traditional brick and mortar and e-commerce.
How does a post office franchise work?
The franchisee will provide service across the counter for a minimum defined time schedule with flexibility to work round the clock. What can be offered by Franchise outlet? Sale of stamps and stationery. Booking registered articles, speed post articles, money orders.
Is the post office profitable?
On a U.S. generally accepted accounting principles basis, the Postal Service had a net loss of $4.9 billion for 2021, compared to a net loss of $9.2 billion for 2020. The Postal Service's operating revenue was $77.0 billion for 2021, an increase of $3.9 billion, or 5.3 percent, compared to the prior year.
Is Post Office a good investment?
Yes, it is safe as investments under Post Office bear sovereign guarantee of Government of India. All these schemes are tax exempt up to a certain limit and some schemes like PPF, Sukanya Samridhi Yojna have tax benefits on returns as well.
Is owning a Post Office profitable UK?
Sub-postmasters find these services that they offer are extremely lucrative, often catching the eye of the customer who has only come in to buy a stamp. Obviously, the size of the business and the services offered varies but you could earn you anything from £1,000 upwards each week.
Is Indian Post Office franchise profitable?
You can earn a good amount of money every month by taking post office franchises. The good thing is that there is also a scope of bumper profits at a low cost. To start a post office franchise business, you only have to spend 5,000 rupees.
Are mailbox stores profitable?
It's almost 99% profit. Your only expense is really the set of keys that you provide your customer. Having a lot of mailbox customers provides you with a reliable recurring revenue and enables you to cover your rent and employee salaries.
Is Pak Mail a franchise?
Founded in 1983, Pak Mail is a packaging, crating, shipping, and freight franchise. In 1984, the franchise launched itself by allowing individuals and private entities to open Pak Mail franchises in order to start their packing and shipping companies.
How much is a safe ship franchise?
Safe Ship franchise fees are the lowest in the industry at $19,900. There are no royalties or marketing fees because Safe Ship is designed to make the franchisees money, not the franchise company. To buy a Safe Ship requires an investment between $119,600-$123,000. Build your own profitable pack and ship business.
How much does a local postmaster make?
The average salary for a Postmaster is $62,427 per year in United States, which is 10% lower than the average US Postal Service salary of $69,706 per year for this job.
How does one become postmaster general?
The postmaster general is now appointed by the Board of Governors of the United States Postal Service, appointed by the president with the advice and consent of the Senate.
What disqualifies you from being a mail carrier?
All felony and misdemeanor convictions and all convictions in state and federal courts are criminal convictions and must be disclosed. Disclosure of such convictions is required even if you did not spend any time in jail and/or were not required to pay a fine.
What is postmaster in post office?
It has so many employees to perform this service and have step by step process to deliver the mail. Postmaster is the highest ranked officer of the post office and other persons work under him. Work of post master is to control the operation of an individual post office.
How to apply for a post office franchise?
Ans: To apply for the post office franchise, you have to submit an application form & documents to the Sr./Superintendent of Post Offices of the concerned Postal Divisional Office.
How to apply for Indian Post Office?
To apply for the Indian Post office franchise, you have to submit an application form & other documents to the Sr./Superintendent of Post Offices of the concerned Postal Divisional Office. There is no any online method to apply for the Indian Post Office franchise, you have to apply offline.
What is postal agent?
Postal Agents: Sale of postal stamps and stationery through Postal Agents in urban and rural areas.
How long does it take to get a postage stamp?
Ans: As per the information given in the official website of post Office, 14 days for the process. But it may take upto 20-25 days.
Which country has the largest postal network?
India has the largest postal network in the world, with about 1.55 lakh Post Offices, there continues to be a demand for Post Offices. In order to fulfill the demand, the Department of Posts provides postal services through Franchise Scheme.
Does a franchise work round the clock?
The franchise will provide service across the counter for a minimum defined time schedule with flexibility to work round the clock.
Can a family member of a postal employee take up franchise scheme?
The applicants whose family member is in postal service are not eligible for taking up franchise scheme in the same Division in which postal employees are working.
Post Office Franchise: Small Business Idea
The post office, which is one of the most trusted brands in the country, has come up with an excellent opportunity for people who want to start their own business.
Post Office Franchise Scheme Eligibility
The candidate should be a citizen or permanent resident of India and must not be more than 30 years old at the time of applying for Post office franchise; however, candidates belonging to Scheduled Caste (SC), Scheduled Tribe (ST) and Other Backward Classes (OBC) can be more than 30 years old.
How to Apply for Post Office Franchise Scheme?
Applicants can apply for a franchise post office using either of these two methods – online or offline mode. The candidate can apply online or offline. For online applications, the applicant needs to register on the Department of Posts website ( indiapost.gov.in ).
Post Office Franchise Scheme Fee
The application fee for Post Office franchise scheme is Rs. 5000 which can be paid by Demand Draft in favor of the “Assistant Director General, Department of Posts” payable at New Delhi.
Post Office Franchise Scheme Documents
The following documents need to be attached with the application form for Post Office franchise scheme – Proof of identity, proof of age along with a recent passport size photograph.
Digital Franchise Post Office
The initiative taken by department of post office of Pakistan is to promote the posts digitally in this era of technology. This initiative program is known as digital franchise post offices. It is abbreviated as DFPO. This initiative has been looked after by Pakistan Post foundation logistics division (PPFLD).
The Pakistan Post
It is the post service of Pakistan which is responsible for the regulations of posts in Pakistan. This department is headed by the ministry of federal government of Pakistan. It is covering about 12000 locations at a time in the whole country by providing services for postal delivery, couriers and massive objects nationwide.
Foundation of Digital Franchise
The foundation of Pakistan post office was founded in 1890 under the Charitable Endowment Act. It was basically formulated for the well-being of employees of post office and their family members as well as relatives. It has offered many programs to these families and these programs include;
How to apply for a post office franchise?
Ans: To apply for the post office franchise, you have to submit an application form & documents to the Sr./Superintendent of Post Offices of the concerned Postal Divisional Office.
How to apply for Indian Post Office?
To apply for the Indian Post office franchise, you have to submit an application form & other documents to the Sr./Superintendent of Post Offices of the concerned Postal Divisional Office. There is no any online method to apply for the Indian Post Office franchise, you have to apply offline.
What is postal agent?
Postal Agents: Sale of postal stamps and stationery through Postal Agents in urban and rural areas.
How long does it take to get a postage stamp?
Ans: As per the information given in the official website of post Office, 14 days for the process. But it may take upto 20-25 days.
Which country has the largest postal network?
India has the largest postal network in the world, with about 1.55 lakh Post Offices, there continues to be a demand for Post Offices. In order to fulfill the demand, the Department of Posts provides postal services through Franchise Scheme.
Does a franchise work round the clock?
The franchise will provide service across the counter for a minimum defined time schedule with flexibility to work round the clock.
Can a family member of a postal employee take up franchise scheme?
The applicants whose family member is in postal service are not eligible for taking up franchise scheme in the same Division in which postal employees are working.