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Below is an in-depth analysis and side-by-side comparison of The Visual Image vs Venture Photography including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $37,300 - $37,500 | $500,000 - $750,000 |
Franchise Fee | $23,500 | N/A |
Royalty Fee | 0 | - |
Advertising Fee | - | - |
Year Founded | 1984 | 2000 |
Year Franchised | 1994 | 2000 |
Term Of Agreement | 3 years | - |
Term Of Agreement | 3 years | - |
Renewal Fee | $2K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | Yes/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
Franchise can be run from home. 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | Yes |
Paul Holman founded Visual Image in 1984 after leaving his job as a photographer with a small portrait company. Intent on building a business that would give him the creative freedom he wanted, Paul joined forces with his brother, Donald, and formed the Visual Image Inc. franchise company in 1994. The private company has more than 17 locations throughout the United States and is based in Maryville, Tennessee.
Venture is the UK's only national portrait photography franchise and we currently operate over 50 studios in our home market. Our UK franchisees each own and operate one or more Venture studios, typically located in ‘secondary' retail locations. Our brand is positioned at the premium end of the portrait sector and we pride ourselves on the combination of world-class customer service, market-leading standards of photography and a unique and contemporary range of products.Venture is a full member of both the British Franchise Association (bfa) and the International Franchise Association and we were delighted and proud to be awarded the prestigious ‘bfa Franchisee of the Year Award' in 2008, an award that confirmed our position as one of the leading franchisors in the UK. We have a small number of ‘single unit' franchise opportunities in the UK. We are also seeking enquiries from potential franchisees in selected international markets that would be interested in opening a cluster of studios in a defined and exclusive territory. Find out more about becoming a Venture franchisee, either in the UK or internationally. If you share our excitement about the potential of the Venture concept, please get in touch. It could be your first step on a journey to becoming a Venture franchisee and helping us to develop this unique business into the global brand that we all know it will become.