Venture X vs 99 Dollar Social Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Venture X vs 99 Dollar Social including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Venture X Franchise
99 Dollar Social Franchise
Investment $748,585 - $2,026,210$99 - And Up
Franchise Fee $79,500$99
Royalty Fee 6%$99/mo.+
Advertising Fee 1%-
Year Founded 20122012
Year Franchised 20162014
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee $1K-


Business Experience Requirements
 
Venture X Franchise
99 Dollar Social Franchise
Experience --

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

Training & Support
 
Venture X Franchise
99 Dollar Social Franchise
Training On-The-Job Training: 8 hours Classroom Training: 23 hours By Video Online By Phone
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 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. - Business can be added on to an existing business.

Expansion Plans
 
Venture X Franchise
99 Dollar Social Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion 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
#319 in Franchise 500 for 2021.   Not in Franchise 500 for 2020.


About 99 Dollar Social

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$99 Social offers social media content management to help busy entrepreneurs maintain a solid presence on social media, so that when their customers and potential customers go looking for them, they’re there.
You offer fresh content for their social media pages, 7 days a week, 365 days a year for one crazy low price: Only $99/month

Offering opportunity in US, Australia/New Zealand, Canada, Central America, Eastern Europe, Middle East, Mexico, South America and Western Europe