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Below is an in-depth analysis and side-by-side comparison of Aspray Ltd 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 | $58,700 - $88,100 | $748,585 - $2,026,210 |
Franchise Fee | N/A | $79,500 |
Royalty Fee | - | 6% |
Advertising Fee | - | 1% |
Year Founded | 2005 | 2012 |
Year Franchised | 2005 | 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 | -/- | -/- |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | On-The-Job Training: 8 hours Classroom Training: 23 hours |
Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | 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 |
Canada Expansion | - | No |
International Expansion | Yes | Yes |
Since Aspray's launch in 2005, we have enjoyed a steady sustainable growth and to date we have recruited 36 franchisees in the UK and 1 in Ireland since 2007. Come And Join Us History * The Management of Aspray has developed a lucrative and successful business managing building insurance claims, tenanted property refurbishments and general building services on behalf of the general public. * The company has grown into a substantial business with no direct competition and as part of their continued expansion, Aspray are now appointing Franchisees to manage specific areas across the United Kingdom. * Aspray plan to grow the network by 50 over the next twelve monthsand have complete UK National coverage by 2008 The Benefits * Every Franchisee receives comprehensive support from Aspray's national operations centre and a dedicated team of field support personnel. * By joining Aspray and following their "Business Blueprint " Franchisees have the opportunity to launch and build a successful and valuable business locally. * Aspray Franchisees enjoy a business that involves no cold calling, very low overheads (you can work from home), flexible working days and a high level of demand. * Positive cash flow, no minimum fees and high margins make this a business for the true entrepreneur who can see that Aspray will deliver a rapid and high rate of return. What Next * Reseach:- Firstly, research the franchise market in the UK and Ireland and look at all the options available to you. Read through the whole of this website and request an ASPRAY Franchise Brochure to be sent to you. * Apply:- After you have finished reading through the material, and have decided to learn more, complete the franchise application form and call James Whittle on 0800 077 6704 to make an appointment to visit the Aspray Head Office and meet the team. * Investigate:- Talk to our franchise owners to learn more about us. Ask them why they chose the Aspray Franchise. Conduct your own independent research into the industry and your own local market. * Review:- Review the legal document and prepare your own business plan using where required suitably qualified advisors. Discuss financial issues with your bank manager. Many will offer up to 70% finance on start-up costs. * Join the team:- It's as easy as that! Once you have finished your investigation and have secured approval to become an Aspray franchise owner, don't wait. There is a world of opportunity waiting for you once you make your decision.
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.