World Payment Services vs Venture X Franchise Comparison

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

Start-Up Costs and Fees

 
World Payment Services Franchise
Venture X Franchise
Investment N/A$748,585 - $2,026,210
Franchise Fee N/A$79,500
Royalty Fee -6%
Advertising Fee -1%
Year Founded 20102012
Year Franchised 20102016
Term Of Agreement -20 years
Term Of Agreement -20 years
Renewal Fee -$1K


Business Experience Requirements

 
World Payment Services Franchise
Venture X Franchise
Experience --

Financing Options

 
World Payment Services Franchise
Venture X Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
World Payment Services 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

 
World Payment Services Franchise
Venture X Franchise
US Expansion -Yes
Canada Expansion -No
International Expansion -Yes

Company Overviews

About World Payment Services

The road to success starts with World Payment Services, Whether you are looking for a real business opportunity as an Agent, or simply want to refer business with our state of the art Affiliate Program, with World Payment Services you can expect unparalleled support and accountability. In addition, World Payment Services enjoys one of the highest merchant account approval rates in the industry and can gain approvals in less than 24 hours. This means you maximize your income by our approving more merchants faster. Choose the option below that works best for you to maximize your income. Become an Agent - Learn more about becoming an Agent World Payment Services is looking for independent sales agents who are interested in a proven business opportunity with unlimited profit potential. Gain the flexibility to start and build your own business with an industry leader and achieve financial success. As an Agent you get: Lifetime residual income 100% of equipment and software profit Signing bonuses Healthcare bonuses Signing advances 50% of our residual share above interchange/assessments Your own website to build your business Become a Partner - Learn more about becoming a Partner Do you have customers or clients that are an asset? Are you a POS company, software developer, website design and hosting firm, have a business opportunity offering, etc.? As a Partner you get: Lifetime residual income A highly customized compensation plan An account representative to work with you Become an Affiliate - Learn more about becoming an Affiliate Earn residuals on credit card processing transactions for every merchant you send us. You can grow your business simply by adding the World Payment Services banners, links, marketing materials, and even landing pages to your websites and emailings. Everything you need is provided. As an Affiliate you get: $50 to $200 per account 20% of residuals What you expect from a leader: Training and support provided Lifetime residual income No hard selling and no hype Be part of a growing and vital industry for businesses Brand name and first class reputation Reduced rates and fees for merchants Capitalize on technological innovations Recruit your own agents or affiliates and earn even more

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.