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Below is an in-depth analysis and side-by-side comparison of Itex Corporation 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 | $15,000 - $30,000 | $1,714,100 - $3,251,500 |
Franchise Fee | $10,000 | $50,000 |
Royalty Fee | - | - |
Advertising Fee | - | - |
Year Founded | - | 1989 |
Year Franchised | - | 1989 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
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 | - | - |
International Expansion | - | Yes |
ITEX has worked the last 30 years building North America's leading retail trade and barter exchange. With over 20,000 business members across the U.S. and Canada, ITEX makes barter easy and profitable for both our member businesses and our franchisees. Franchisees get an intensive week of training on barter and the ITEX system and continuing support as they grow their business and achieve their goals. ITEX franchisees work with businesses to help them increase sales, reduce cash expenses and build cash profits.