Above the Standard vs Regus Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Above the Standard vs Regus including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Above the Standard Franchise
Regus Franchise
Investment $61,400 - $73,900$1,714,100 - $3,251,500
Franchise Fee $49,900$50,000
Royalty Fee 15%-
Advertising Fee --
Year Founded 19811989
Year Franchised 20101989
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Above the Standard Franchise
Regus Franchise
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
 
Above the Standard Franchise
Regus Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Above the Standard Franchise
Regus Franchise
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

Franchise can be run from home. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).

-

Expansion Plans
 
Above the Standard Franchise
Regus Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Above the Standard

*Procurement/sourcing expertise *Purchasing and management staff training *Procurement outsourcing for all or part of your purchasing department *Finance and Administrative Services *Business growth *Reduce costs and increase quality *Centralize procurement *Provide needed products or services *Build new markets in your company *Provide Just-In-Time Inventory (JIT) *Increase supply chain efficiency *Retain best value and remain competitive *Compliance *Supplier performance improvement *Support day-to-day buying activity *Policy/Procedure creation, implementation, validation *Transaction automation and processing *Bring focus to core competencies. *Develop strong end-user to provider relationship *Lower procurement related labor costs *Improve overall procurement performance *Provide greater control, reporting, and supplier compliance *Organization and internal cost performance *Data for benchmark analysis, goals, and results *Procurement personnel training *Procurement department creation and implementation

About Regus

Regus was founded in Brussels, Belgium, in 1989, and is the world’s largest provider of flexible workspace solutions. Its global network includes more than 3,300 business centers, spanning 1,100 cities across 120 countries.
Regus is the leading global flexible workspace provider and is seeking driven, committed franchise partners to capitalize on the significant demand for flexible, contemporary coworking spaces across the U.S. Regus created the coworking concept 30 years ago and has been the industry’s global leader with over 3,300 locations across the world. The proven and scalable operating model can provide franchisees with a highly attractive return on their investment. Franchisees will also benefit from a built-in network of 2.5 million customers, including some of the most successful entrepreneurs and multi-billion-dollar companies, that instantly become available to franchise owners.

"Top
#104 in Canada's Top franchises.