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Updated RecentlyElevated AI Inc. vs Venture X Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Elevated AI Inc. 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 | $10,000 - $150,000 | $748,585 - $2,026,210 |
| Franchise Fee | N/A | $79,500 |
| Royalty Fee | - | 6% |
| Advertising Fee | - | 1% |
| Year Founded | 2017 | 2012 |
| Year Franchised | 2018 | 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 | Online | On-The-Job Training: 8 hours Classroom Training: 23 hours |
| Support | Ongoing Support Newsletter Advertising/Marketing Sales Leads Technical Support Online 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 | - Business can be run from home. - Business can be run part-time. | 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 Elevated AI Inc.
Elevated AI transforms IT Services & Support from time-consuming, insufficient, and expensive to real-time, efficient, and cost-effective.
Immediate Nationwide Service For Your Local Business.
The Fourth Industrial Revolution is empowering people to work smarter using robotics, AI, the Internet of Things, and more. Elevated AI Inc. wants to be the world’s #1 Real-Time Tech Support platform and help create a future with endless opportunities and possibilities for all our clients, partners, and employees.
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.