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Updated RecentlyParamount Financial Consultants vs Venture X Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Paramount Financial Consultants 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 | $34,950 | $748,585 - $2,026,210 |
| Franchise Fee | N/A | $79,500 |
| Royalty Fee | - | 6% |
| Advertising Fee | - | 1% |
| Year Founded | - | 2012 |
| Year Franchised | - | 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 | Three days of Intensive Training taught by Professional Instructors In our Intensive three training classes every part of the "Paramount program " is contained in our Three (3) day workbooks. Because they are design to follow the steps to success they will become your new careers manual and can be referred to on a daily bases.. Of course during the classes the manual will be used to take your own note as the manuals are yours to return home with. The "Paramount Program" allows for you to bring a legitimate business partner or spouse to attend for the Three (3) Day Training sessions at no additional cost. | On-The-Job Training: 8 hours Classroom Training: 23 hours |
| Support | The" Paramount Program" offers Pro-Active support for six months following completing the course.. Our Pro-active Support includes a Professional consultant contacting you on weekly bases to discuss your new career progress, goals, and make certain you are on the Right Track. Our goal is to help you put in to action the exact methods taught in our training classes so that success may follow. Of course you can call us at any time regarding questions related to marketing, industry specifics, trends, or any situation you need answers too. After the first six months, as additional question arise we will be here to advise. * Management Contact Software Program * Pricing Software Program * Premier Class Facilities and Accommodations. * | 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 | - | Absentee Ownership Allowed Number of Employees Required to Run: 2 |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | No |
| International Expansion | - | Yes |
Company Overviews
About Paramount Financial Consultants
This is a Business Opportunity not a Franchise. Every day over 25,000 lease transactions are completed in the United States alone. The majority of these leases are completed by Independent Leasing Companies and Brokers. A "Paramount Program" graduate will enter into this dynamic business with considerable skills, support resources, and confidence and more than just a slight edge on the competition. The Demand has always been there. When you know more, you earn more. Confidence and Knowledge Leads to Success. Getting started on the Right Track. Your new career in Equipment Leasing is a perfect fit for the increasingly popular "Home-office Based Business" concept. The "Paramount Program" is designed to work at its maximum efficiencies when it's conducted out of your home or small office by phone, fax, and via the internet. For that reason your working capital is nominal. Equipment Leasing as an entrepreneurial business opportunity yields one of the best returns on your investment in America today. We look forward to answering any questions you may have. Please contact us.
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.