The Intelligent Office vs Office Evolution Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Intelligent Office vs Office Evolution including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
The Intelligent Office Franchise
Office Evolution Franchise
Investment $311,000 - $537,100$60,825 - $1,485,150
Franchise Fee $48,000$45,000
Royalty Fee 5%7.5%
Advertising Fee -3%
Year Founded 19952003
Year Franchised 19992013
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
The Intelligent Office Franchise
Office Evolution Franchise
Experience -Franchisees must enjoy contributing to the success of their small business clients and fostering an environment that's positive, collaborative and supports that goal. The preferred candidate will be able to demonstrate a strong financial standing, sufficient liquidity and the resources necessary to develop a location/territory. To be considered for an Office Evolution franchise, you must meet the following requirements: *Have at least $150,000 in cash or liquid assets and total net worth of $300,000 *Provide $35,000 franchise fee per location

Financing Options

 
The Intelligent Office Franchise
Office Evolution Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/Yes
Start-up Costs No/No-/Yes
Equipment No/Yes-/Yes
Inventory No/No-/Yes
Receivables No/No-/Yes
Payroll No/No-/Yes

Training & Support

 
The Intelligent Office Franchise
Office Evolution Franchise
Training OngoingWe offer training updates for your staff On-The-Job Training: 15 hours Classroom Training: 25 hours
Support Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesOffice Evolution has established an expert support team that has developed the operational processes, experience and marketing that has built our concept to what it is today. Not only will you receive start-up support for the important aspects of the business including technology, phone systems, and real estate, you will continue to receive support after you open. We will hold regular conferences to provide updated tools and ideas, offer training updates for your staff and share new developments and experiences from other franchisees in other markets. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Ad slicks, National media Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing
Operations -Absentee Ownership Allowed Number of Employees Required to Run: 1

Expansion Plans

 
The Intelligent Office Franchise
Office Evolution Franchise
US Expansion -Yes
Canada Expansion NoYes
International Expansion Yes-

Company Overviews

About The Intelligent Office

Our local business experts will build a personalized office services plan tailored to your needs. It might include a workspace solution like dedicated full-time professional office space, flexible office space or meeting rooms. It could be that you need a virtual office solution including business address and mail services. Or it may be that your business can benefit from enhanced phone answering support like call screening, reception, and full customer service. Intelligent Office is the only place where you’ll find the tools and products your business needs with a local expert to help build the package right for your business and your budget.

We'll help you find The Path to Freedom™, so you can achieve the definition of success that matters to you.

Our proven system is recognized as one of the most powerful and detailed in the industry. When you join the Intelligent Office network as a franchisee, you are off and running with a well prepared plan that is the by-product of many years of successful franchising.

The Intelligent Office offers a good work/life balance. It runs from 8:30 to 5pm, without much need to work evenings and weekends. Also, the training is exceptional, something we place great value on. The franchise staff are well trained to perform all duties, so that owners can focus on other aspects of the business and not worry about putting out fires all day long. It's a growing market. More and more people are teleworking… it is a trend that's becoming the norm and there's really no going back to the traditional office model. Luckily, Intelligent Office has established itself as a leader, early on, in this market.
 
Veteran Discount:   $12,500 off Franchise Fee

About Office Evolution

Exciting Growth Opportunities Ahead for Business Services

Founded in 2003, Office Evolution has always approached private office space and virtual office space markets from a unique, entrepreneurial perspective. Our determination to offer sole proprietors and small businesses real business solutions has turned the idea of expensive executive offices and impersonal virtual office and co-working spaces on its head. Our efforts have resulted in a growing number of business centers located in key metro areas throughout the United States.

More and more people are seeking self-employment as an alternative to a possibly fickle and often frustrating corporate reality. Self-employment rates have been growing at an average of 4.5 percent annually most of this decade, adding roughly 1 million people per year, and across the country, enrollment in entrepreneurship programs at universities is booming, according to a recent Entreprenuer.com article by Jason Daley. With the advent of mobile computing and cloud technology, the opportunities for entrepreneurs are exploding. They no longer need an office, staff and equipment to get started in business and the cost of entry can be very low.
The best strategy is to stay flexible, keep things simple and focus on their business: a virtual office could be the perfect solution!

The total investment necessary to begin operation of an Office Evolution franchised business is between $286,825 and $1,485,150. This includes $63,324 to $65,150 that must be paid to the franchisor or its affiliate(s).
The total investment necessary to begin operation of an Office Evolution acquisition business is between $133,325 and $990,150. This includes $63,325 to $65,150 that must be paid to the franchisor or its affiliate(s).
The total investment necessary to begin operation of an Office Evolution conversion business is between $60,825 and $590,150. This includes $18,325 to $590,150 that must be paid to the franchisor or its affiliate(s).

#267 in Franchise 500 for 2020.