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Updated RecentlyBtoB Connect vs Venture X Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of BtoB Connect 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 | $20,000 - $30,000 | $748,585 - $2,026,210 |
| Franchise Fee | $20,000 | $79,500 |
| Royalty Fee | $50 per chapter/per mo plus administration fee $150/mo | 6% |
| Advertising Fee | - | 1% |
| Year Founded | 2005 | 2012 |
| Year Franchised | 2008 | 2016 |
| Term Of Agreement | 5 or 10 years | 20 years |
| Term Of Agreement | 5 or 10 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 | -/- | -/- |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | Online and by video conference. Launch of your local area by franchisor. | On-The-Job Training: 8 hours Classroom Training: 23 hours |
| Support | Centralized accounting/collection Centralized membership administration Member portal online Automated member communications/correspondence Online referral engine Member2Member benefits | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Online website. Email mailings. Additional Services: Grand Opening, online website. | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Average Number of Employees: 1 Part-time. Passive Ownership: Allowed. | Absentee Ownership Allowed Number of Employees Required to Run: 2 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | No |
| International Expansion | - | Yes |
Company Overviews
About BtoB Connect
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.