Worldwide Express vs SOHO Hero Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Worldwide Express vs SOHO Hero including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Worldwide Express Franchise
SOHO Hero Franchise
Investment $45,980 - $359,650$175,000 - $190,000
Franchise Fee $33,125 - $327,500$29,500
Royalty Fee 6%5%
Advertising Fee -2%
Year Founded 19911997
Year Franchised 19942000
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Worldwide Express Franchise
SOHO Hero Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Worldwide Express Franchise
    SOHO Hero Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Worldwide Express Franchise
    SOHO Hero Franchise
    Training Available at headquarters, Available at franchisee's location-
    Support Newsletter, Meetings, Toll-free phone line-
    Marketing --
    Operations Franchise can be run from home.

    50% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1

    Absentee ownership of franchise is allowed.

    		-

    Expansion Plans
     
    Worldwide Express Franchise
    SOHO Hero Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Worldwide Express

    Worldwide Express is a global logistics company based in Dallas that has handled millions of package and freight shipments for more than 30,000 small to midsize businesses. With more than 150 franchises across the country, Worldwide Express is one of the largest authorized resellers of express shipping for UPS, as well as a trusted freight partner to more than 65 carriers.

    Worldwide Express began selling franchises in 1995 with the simple goal of providing unmatched levels of service and competitive rates to the small to medium sized business segment (SMB) of the U.S. air express and ground market.

    The SMB segment was and continues to be the fastest growing portion of the U.S. air express and ground market, despite the fact that the near-monopolies of FedEx and UPS have historically treated this segment with a one size fits all mentality.

    Worldwide knew it could do a better job. They treat the SMB segment like the big guys treat their Fortune 500 customers

    About SOHO Hero

    The SOHO HERO concept was launched when savvy young entrepreneur and Atlanta resident, Chris Kouloukas, discovered that small office and home office business professionals had no place to go for meetings and other vital business services.  As a result, the SOHO HERO Business and Meeting Center concept was born, and today the company provides a comprehensive resource for business owners and professionals who work from home, telecommute or are in need of private, professional meeting, work or conference rooms.  SOHO HERO represents a new ‘world of work’ scenario that provides our Small Office, Home Office professionals, a comprehensive suite of business services, professional meeting spaces, wi-fi connections, and state-of-the-art video-teleconferencing. SOHO HERO Business and Meeting Centers provide a complete menu of presentation and communications tools and upscale meeting facilities for the ‘new mom & pop shops’ that have embraced the electronic age and understand the value of interactive business tools and opportunities. We handle all of the business services needs that our customers would normally be able to get if they worked in an office environment, but don’t have access to since they are working from their homes.