GoTelecare vs Regus Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of GoTelecare vs Regus including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$133,650 - $170,000 | $1,714,100 - $3,251,500 |
Franchise Fee |
$100,000 | $50,000 |
Royalty Fee |
0 | - |
Advertising Fee |
0 | - |
Year Founded |
2012 | 1989 |
Year Franchised |
2014 | 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 |
- | 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 | Yes |
Canada Expansion |
- | - |
International Expansion |
- | Yes |
Company Overviews
About GoTelecare
GoTelecare is a leading provider of business and knowledge process
services in healthcare domains. We deliver proprietary technologies,
workflow and business processes to meet our clients’ expectations and
enhance their operational capabilities. With our understanding of the
healthcare industry and leading technological capabilities, we are
well-positioned to assist our clients financial growth.
In most medical billing franchises, the franchisee is required to enter claims and work collections on behalf of the client. At GoTelecare, once the client is contracted, we handle the transition, implementation, on-boarding, and continue to submit the claims and handle processing and collections on your behalf.
Key benefits for franchisees include:
Low initial franchise price compared to other franchise types
Franchisee office is company headquarters, with hours determined by franchisee
Ongoing, residual income from recurring patient consultations and billing services
Unmatched training, marketing materials & sales support provided by GoTelecare Sales prospect lead identification and virtual assistant support to help book sales meetings
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.