Regus vs Cinch I.T. Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Regus vs Cinch I.T. including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Regus Franchise
Cinch I.T. Franchise
Investment $1,714,100 - $3,251,500$100,025 - $124,850
Franchise Fee $50,000$49,000
Royalty Fee --
Advertising Fee --
Year Founded 19892004
Year Franchised 19892019
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Regus Franchise
Cinch I.T. Franchise
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.You do NOT need to be a technician or an experienced I.T. professional to run a successful Cinch I.T. top franchises location. As an owner, you will hire technicians to serve your customers. You will reach out to potential customers, learn about their businesses, and offer technology solutions that will make their businesses more efficient, secure, and profitable.

Financing Options
 
Regus Franchise
Cinch I.T. Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Regus Franchise
Cinch I.T. Franchise
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
 
Regus Franchise
Cinch I.T. Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesNo

Company Overviews

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.

"Top
#104 in Canada's Top franchises.


About Cinch I.T.

Cinch I.T. franchise owners target clients who employ 10-100 people on average - "the most under-served range. Cinch I.T. was formed to support this under-served market. We have created a trusted national brand capable of delivering fast and friendly I.T. support, enterprise-level security, and professional consultation to help businesses leverage their technology.