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Updated RecentlyRecognition Express vs Regus Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Recognition Express vs Regus including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $82,100 - $118,500 | $1,714,100 - $3,251,500 |
| Franchise Fee | $29,500 | $50,000 |
| Royalty Fee | 4-6% | - |
| Advertising Fee | - | - |
| Year Founded | 1972 | 1989 |
| Year Franchised | 1974 | 1989 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| 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 |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| 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 |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | Yes |
Company Overviews
About Recognition Express
Recognition Express is an award-winning B2B franchise which specializes in corporate branded merchandise.
Our franchisees build and maintain relationships through customer contact and communication so as to grow and develop the business. The franchise can be run from home to save on initial costs though most franchisees do in fact operate out of a small business unit. Franchise owners receive full training and on-going business support which allows them to create the work/life balance that suits them.
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.
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#104 in Canada's Top franchises.