| ||||
Updated RecentlyVenture X vs Digital Marketing Training Group Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Venture X vs Digital Marketing Training Group including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $748,585 - $2,026,210 | $25,000 - $65,000 |
| Franchise Fee | $79,500 | N/A |
| Royalty Fee | 6% | 0 |
| Advertising Fee | 1% | 0 |
| Year Founded | 2012 | 2011 |
| Year Franchised | 2016 | 2011 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | $1K | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | On-The-Job Training: 8 hours Classroom Training: 23 hours | Through our week-long course, you will be trained with experts who have over 75 years of combined experience in digital marketing. We are not just trainers in the business are actually a full digital marketing agency. The best part of our model is that you will have hardly any overhead, because we act as your back office and do all the work. You will just focus on client acquisitions and relations. Your training does not stop after your initial time with us. We will continue to train you on updates and changes in the industry on a monthly basis. Training goes well beyond our initial course and continues for the life of your business. |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Ongoing Support Newsletter Meetings Advertising/Marketing Sales Leads Technical Support Online Support Phone Support |
| 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 | Business can be run from home. Business can be run part-time. |
Expansion Plans |
||
| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | Yes |
Company Overviews
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
About Digital Marketing Training Group
Digital Marketing Training Group offers a world renowned training program that lets individuals successfully own and operate their own independent digital marketing business. This lucrative business model allows you to have a low-overhead business while offering a complete suite of results driven marketing solutions to business owners.
Carve out your share of the multi-billion dollar digital marketing
industry with the Digital Marketing Training Group by owning your own
marketing business. You do not even need prior experience in digital
marketing or business ownership. We will train and educate you in our
intensive training course at our headquarters. The best part of our
model is you don’t have to do any marketing work for your clients. We
have developed a “White Label” model whereby our in-house staff of
experts will do all the technical marketing work under your business, so
all you have to do is find clients. It’s your operation, and your
clients will always see your business as doing the work. Make a six
figure income by gaining clients and providing marketing services with
proven results at a competitive price point.