Cybertary vs Office Evolution Franchise Comparison

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

Start-Up Costs and Fees

 
Cybertary Franchise
Office Evolution Franchise
Investment $40,000 - $78,000$60,825 - $1,485,150
Franchise Fee $37,500 - $60,000$45,000
Royalty Fee 5%/ Min.$400+$100 Technology Fee/month7.5%
Advertising Fee 1%/ Min.$20/Mo.3%
Year Founded 20052003
Year Franchised 20062013
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Cybertary 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

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

Training & Support

 
Cybertary Franchise
Office Evolution Franchise
Training An extensive 4-binder Training & Operations set of manuals; 4 days of intensive training in the corporate headquartersWe offer training updates for your staff On-The-Job Training: 15 hours Classroom Training: 25 hours
Support 90 days of weekly one-on-one coaching sessions to build your business; Unlimited and ongoing continuing education resource for expanding their technical skills and services through a self-paced, web-based training system.Office 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 Complete marketing startup package including business cards, brochures, portfolios, note cards, logo shirt, and auto signage. 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

 
Cybertary Franchise
Office Evolution Franchise
US Expansion YesYes
Canada Expansion -Yes
International Expansion --

Company Overviews

About Cybertary

Do you want to help small business owners reach their goals? Would you like to work independently but with the support of a skilled collaborative team? Do you enjoy diversity in your day-to-day work? Are you looking for a values-based business model that provides opportunity to achieve work/life balance? If so, Cybertary may be the perfect franchise for you. Cybertary owners consult with businesses to identify administrative challenges and can tap into a team of Cybertary virtual assistants (VAs) to help fulfill the client's needs. It's the perfect, flexible career for those with professional backgrounds in management, business development, financial services or sales and marketing. If you enjoy developing and shaping professional success, join the Cybertary team today. We can provide you the training and support you need to grow your own successful business while helping other businesses reach their full potential. Why Cybertary? * Onsite training, ongoing coaching and unlimited online continuing education * Complete marketing startup package including business cards, brochures, portfolios, note cards, logo shirt, and auto signage * Personalized website and monthly branded newsletter * Exclusive marketing territory * Proprietary Intranet for easy access to secure workload management, messaging, shared calendar, contact management, document storage, discussion forums, and more * Nationwide network of skilled Cybertaries become franchisees extended team * Accounting system, sample business plan, marketing plan, and rate guidance to help set a firm foundation for success * Work From Home at a Professional Wage with a Flexible Schedule

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.