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Updated RecentlyThe Intelligent Office vs Venture X Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Intelligent Office 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 | $311,000 - $537,100 | $748,585 - $2,026,210 |
| Franchise Fee | $48,000 | $79,500 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | - | 1% |
| Year Founded | 1995 | 2012 |
| Year Franchised | 1999 | 2016 |
| Term Of Agreement | 20 years | 20 years |
| Term Of Agreement | 20 years | 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 | No/No | -/- |
| Start-up Costs | No/No | -/Yes |
| Equipment | No/Yes | -/Yes |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | Ongoing | On-The-Job Training: 8 hours Classroom Training: 23 hours |
| Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Ad slicks, National media | 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 |
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| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About The Intelligent Office
Our local business experts will build a personalized office services plan tailored to your needs. It might include a workspace solution like dedicated full-time professional office space, flexible office space or meeting rooms. It could be that you need a virtual office solution including business address and mail services. Or it may be that your business can benefit from enhanced phone answering support like call screening, reception, and full customer service. Intelligent Office is the only place where you’ll find the tools and products your business needs with a local expert to help build the package right for your business and your budget.
We'll help you find The Path to Freedom™, so you can achieve the definition of success that matters to you.
Our proven system is recognized as one of the most powerful and detailed in the industry. When you join the Intelligent Office network as a franchisee, you are off and running with a well prepared plan that is the by-product of many years of successful franchising.The Intelligent Office offers a good work/life balance. It runs from 8:30 to 5pm, without much need to work evenings and weekends. Also, the training is exceptional, something we place great value on. The franchise staff are well trained to perform all duties, so that owners can focus on other aspects of the business and not worry about putting out fires all day long. It's a growing market. More and more people are teleworking… it is a trend that's becoming the norm and there's really no going back to the traditional office model. Luckily, Intelligent Office has established itself as a leader, early on, in this market.
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.