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LMS9
BEFORE YOU PUT MONEY IN

The questions a partner should ask

Written as the questions we would ask if we were the one paying, including the ones with awkward answers.

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The money

What do I actually earn from?

Two things. The annual licence you sell an institute, and the student blocks they buy from you afterwards. The blocks are the part that repeats.

How much do I pay you per student?

From ₹150, falling with volume. What you charge the institute is yours to decide and we do not police it.

Is there an annual renewal on the franchise fee?

No. The fee is one-off. You buy student blocks as you sell.

When do I get paid?

You take the money from your customer directly. We invoice you for blocks. There is no revenue share to reconcile, because revenue share means arguing about somebody else's books.

The territory

Is my city really exclusive?

Yes, and it is held in the database rather than in a promise — a second partner cannot be signed into your city even by mistake.

What if a customer in my city buys direct from you?

They can — the prices are public and anybody can press Buy. Say so plainly: a partner who expects a walled garden will be disappointed, and we would rather that happened before they paid than after.

How big is a city?

Where a city is very large we agree the boundary in writing before you pay.

The awkward ones

How long have you been doing this?

This company is new. The software is not — it runs training centres already, which is why it exists at all. We would rather say that than imply a history we do not have.

What happens if you disappear?

Your data exports in a usable format on request, and that is written into the terms rather than left to goodwill.

Can I sell this alongside something else?

Yes. There is no exclusivity on your side, only on your territory.

Ask about your city

Tell us the city and we will tell you whether it is still open.

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