House of Colour vs Regus Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of House of Colour vs Regus including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$18,345 - $33,250 | $1,714,100 - $3,251,500 |
Franchise Fee |
$16,000 | $50,000 |
Royalty Fee |
0 | - |
Advertising Fee |
- | - |
Year Founded |
- | 1989 |
Year Franchised |
- | 1989 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | Regus is seeking qualified franchisees with the organizational and financial capabilities to open a minimum of five locations no smaller than 10,000 square feet over a two- to three-year period. Qualified franchisees should have at least three years of outside sales management experience and two years of community marketing experience with a sales team of at least five people. Franchisees must also be committed to uphold operational and image standards of the Regus brand, and have the drive to move quickly and decisively to secure deals with customers. |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
We provide ongoing support both locally and from Head Office through formal ongoing training opportunities and informal mentoring. | Regus works closely with its franchisees to ensure they have a framework to find the right location and design; are able to grow their market footprint backed by world-class operational and marketing support; and have the quality customer service Regus is known for, as well as access to platforms including marketing, sales and IT as well as a global network six times larger than the nearest competitor. |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
Yes | Yes |
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 Regus
Regus was founded in Brussels, Belgium, in 1989, and is the
world’s largest provider of flexible workspace solutions. Its
global network includes more than 3,300 business centers, spanning 1,100
cities across 120 countries.
Regus is the leading global flexible workspace provider and is seeking
driven, committed franchise partners to capitalize on the significant
demand for flexible, contemporary coworking spaces across the U.S. Regus
created the coworking concept 30 years ago and has been the industry’s
global leader with over 3,300 locations across the world. The proven and
scalable operating model can provide franchisees with a highly
attractive return on their investment. Franchisees will also benefit
from a built-in network of 2.5 million customers, including some of the
most successful entrepreneurs and multi-billion-dollar companies, that
instantly become available to franchise owners.
#104 in Canada's Top franchises.