House of Colour vs Venture X Franchise Comparison

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

Start-Up Costs and Fees

 
House of Colour Franchise
Venture X Franchise
Investment $18,345 - $33,250$748,585 - $2,026,210
Franchise Fee $16,000$79,500
Royalty Fee 06%
Advertising Fee -1%
Year Founded -2012
Year Franchised -2016
Term Of Agreement -20 years
Term Of Agreement -20 years
Renewal Fee -$1K


Business Experience Requirements

 
House of Colour Franchise
Venture X Franchise
Experience --

Financing Options

 
House of Colour Franchise
Venture X Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
House of Colour Franchise
Venture X Franchise
Training -On-The-Job Training: 8 hours Classroom Training: 23 hours
Support We provide ongoing support both locally and from Head Office through formal ongoing training opportunities and informal mentoring.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

 
House of Colour Franchise
Venture X Franchise
US Expansion -Yes
Canada Expansion -No
International Expansion YesYes

Company Overviews

About House of Colour

Your Rewards - Image Consultant Training Welcome to House of Colour now in our 26th Year. Firstly may we emphasise the enormous potential for material and personal growth, in the exciting and expanding field of Colour Analysis and Image Consultancy. The House of Colour Franchise is a "Business Format Franchise" which gives you the benefit of owning your own business under the "umbrella" of a major name. This enables you to start with all the know-how and expertise of the main company House of Colour and puts you more than one step ahead of anyone else. Please remember, we are looking for Consultants who want to be true Professionals. We are neither party-plan, multi-level nor are we an "anything goes" company. The benefits of becoming an Image Consultant Franchisee with House of Colour include: Flexible working hours to fit around your lifestyle and family - Whether you want a change of career, a full time opportunity that enables you to make a real difference to people's lives or a new part time challenge, the flexibility of a House of Colour Franchise offers you the opportunity to generate a healthy income. We offer you a low cost start-up programme which enables you to start in your home or take a small shop, work in a beauty salon/health club or in a large department store.
Financial Reward - House of Colour Consultants are trained to work smart and build a business that delivers considerable financial rewards. Clients follow a full programme of classes you are trained to offer and return again and again for a lifetime of our high quality products providing you with repeat business that builds value into your business should you wish to sell at some time in the future. There is also the opportunity to build your business by taking on others to sub contract to you as your consultancy grows. There are no ongoing royalties to pay! Extensive training and on-going company support - We pride ourselves on giving the most comprehensive and substantial training on this subject, covering the history, background and theory on which the whole concept is based. Some questions to consider: "Can you expect to make a serious and competent career change with less than two weeks training?" "Would you choose to pay to have your colours done by someone who had only 3 or 4 days training?" "Are you prepared to take responsibility for changing someone's life with less than the best training on offer?" The Image Consultant training programme itself is the most comprehensive package available in the United Kingdom and to prove it House of Colour has achieved the coveted Investor in People award. We were accredited for the first time in 1996 and in order to keep the IIP status, we must undergo formal assessments on a regular basis. We are the only company in our industry to have achieved this award. It is recognised by all growing, progressive companies in the UK and gives us quite an edge in the corporate market. There is a great deal more to becoming an effective and professional Image Consultant with a successful business than just being able to tell what "season" your clients are! House of Colour is committed to providing ongoing support. Job Satisfaction - We take our clients on a wonderful journey to a destination where they will look their best every day. Their self esteem will escalate and the benefits, both internal and external, will last a lifetime. Facilitating this transformation is a deeply rewarding experience. A protected exclusive area - You will have an exclusive area, which means House of Colour consultants can work as a team, we do not compete with each other- Result:- camaraderie and a protected investment.







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.

Veteran Incentives  10% off franchise fee
#319 in Franchise 500 for 2021.   Not in Franchise 500 for 2020.