CFO Systems vs Venture X Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of CFO Systems vs Venture X including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
CFO Systems Franchise
Venture X Franchise
Investment $50,000$748,585 - $2,026,210
Franchise Fee $25,000$79,500
Royalty Fee 7%6%
Advertising Fee 2%1%
Year Founded -2012
Year Franchised -2016
Term Of Agreement -20 years
Term Of Agreement -20 years
Renewal Fee -$1K


Business Experience Requirements
 
CFO Systems Franchise
Venture X Franchise
Experience --

Financing Options
 
CFO Systems Franchise
Venture X Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
CFO Systems Franchise
Venture X Franchise
Training -On-The-Job Training: 8 hours Classroom Training: 23 hours
Support -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
 
CFO Systems Franchise
Venture X Franchise
US Expansion YesYes
Canada Expansion -No
International Expansion -Yes

Company Overviews

About CFO Systems

A BUSINESS MODEL THAT WORKS FOR YOU Min. Liquid Capital: $50,000 Min. Net Worth: $75,000 Total Investment: $50,000 Become a part of the team. A BUSINESS SYSTEM THAT MAKES SENSE.CFO Systems focuses on results. We have the track record to prove it. You can run a business with a team of proven professionals behind you, supplying you with the tools to succeed and the processes to improve your bottom line. The CFO Systems license will provide a business model based on experience and market testing. As part of the CFO Systems program, you will be provided with the most effective marketing, operational and business model available in the outsourcing business. WE CARE. The license organization is operated like a tightly-knit business and works with licensees like members of the family. You can expect to be treated with care, fairness and respect when joining the CFO Systems license family. SUPPORT
CFO Systems has a staff of management members that will be there for you each step of the way as you launch, build and develop your outsourcing business. Don't go into business on your own. Let us help you answer the questions that come with starting a new business. Take control of your future with the support and guidance from an experienced team of professionals. For more details call Alan George 978-886-7908

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.

Veteran Incentives  10% off franchise fee
#319 in Franchise 500 for 2021.   Not in Franchise 500 for 2020.