MultiVista vs Regus Franchise Comparison

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

Start-Up Costs and Fees
 
MultiVista Franchise
Regus Franchise
Investment $141,500 - $548,500$1,714,100 - $3,251,500
Franchise Fee $20,000 - $157,500$50,000
Royalty Fee 18%-
Advertising Fee 2%-
Year Founded 20031989
Year Franchised 20071989
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


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

Training & Support
 
MultiVista Franchise
Regus Franchise
Training On-The-Job Training: 26 hours Classroom Training: 352 hours Additional Training: Online self-study with corporate trainer assistance -
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software 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 Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing -
Operations Absentee Ownership Allowed

Number of Employees Required to Run: 3 - 5

-

Expansion Plans
 
MultiVista Franchise
Regus Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About MultiVista

Build Something With Multivista
Multivista Systems LLC is seeking solution sales-oriented entrepreneurs, interested not only in opening a location, but in building a business. We provide all of the tools and training needed to deliver our industry leading, state-of-the-art Construction Documentation Services into new markets, and opportunities are available both in the U.S. and internationally.
Why Multivista
We are state-of-the-art. Connecting solutions to clients, no one does construction documentation the way we do. We have the most in depth, highly developed visual documentation in the industry. Founded in Vancouver, British Columbia in 2003, and introduced into the United States in 2006, Multivista has grown to 43 offices worldwide and has contracted almost one billion square feet of construction projects (as of October 2013). Our documentation portfolio represents projects from virtually every vertical market in the construction industry. Multivista provides an elegant, simple solution to a complex problem. We combine service and software to tell the complete project story: a unique mixture of construction, business and technology professionals working together to provide this solution. Leveraging proprietary methodologies and software solutions to deliver photo, video and webcam services, Multivista stands out as a sophisticated, well developed and supported business opportunity.
What is Multivista
Multivista is a visual documentation technology company that provides photo, video and webcam services to the construction industry. Inspection-grade, digital photography is indexed to architectural plans by time and location, preserving a perfect record of every aspect of the project lifecycle. Capturing live and dynamic project activity, Multivista's construction webcam and video services complete the total documentation package. All photo, video and webcam data is integrated into one robust, online platform customizable to fit the daily workflow and needs of every project stakeholder.

"Entrepreneur
#494 in Franchise 500 for 2020.

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.