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Updated RecentlyCybertary vs Venture X Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Cybertary vs Venture X including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $40,000 - $78,000 | $748,585 - $2,026,210 |
| Franchise Fee | $37,500 - $60,000 | $79,500 |
| Royalty Fee | 5%/ Min.$400+$100 Technology Fee/month | 6% |
| Advertising Fee | 1%/ Min.$20/Mo. | 1% |
| Year Founded | 2005 | 2012 |
| Year Franchised | 2006 | 2016 |
| Term Of Agreement | - | 20 years |
| Term Of Agreement | - | 20 years |
| Renewal Fee | - | $1K |
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 | -/Yes |
| Equipment | No/No | -/Yes |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | An extensive 4-binder Training & Operations set of manuals; 4 days of intensive training in the corporate headquarters | On-The-Job Training: 8 hours Classroom Training: 23 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. | 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 Loyalty program/app |
| Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 2 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | No |
| International Expansion | - | Yes |
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 Venture X
The days of working in a cramped cubicle are over for many people in today’s mobile work world. That has led to a rise of coworking spaces that allow for environments that are collaborative, inspiring, and stimulating.
By 2020, The Bureau of Labor Statistics estimates 65 million Americans will be freelancers, temps, independent contractors, or entrepreneurs, making up a full 40% of the workforce. Venture X provides an attractive opportunity for those workers who want to benefit from a rich work community.
Like other “sharing” industries, Venture X franchisees simply provide the modern workspace and members buy private memberships, giving them access to open areas or private offices, whichever they prefer.
Many business models today are built on this collaborative model including transportation and vacation destination sharing. Venture X is at the forefront of this growing trend. Venture X’s unique combination of open space mixed with higher revenue private offices allows for higher income opportunities. Additional revenue can be generated from event hosting to further increase the bottom line of each location.