The Co-Working Space Industry Is Growing!

The co-working space industry is newer than many others that are booming in popularity, but it is no stranger to competition and unlimited growth. As more and more people begin working from home due to advancing technology, the need for co-working spaces increases. People are looking for a serviced office space that provides what they need to work successfully outside of a cubicle. In addition, they want one that offers multiple services so they don’t have to pay more than they have to. Here’s why the co-working space industry is seeing so much growth and why now is the time to invest.

looking for a serviced office space

Co-Working Spaces Have Franchising Opportunities

To keep up with the rapid growth of the industry, the better option for entrepreneurs could be to invest in a franchise like Venture X to get a head start on the competition. Co-working space franchises are unique because franchisees still get to manage the day-to-day operations, but they have a well-known and trusted brand behind them and a proven business model that has worked for franchisees all around the world. This enables you to open your business faster and maybe even cheaper than those who are starting a business from scratch.

A Third of All Australians Are Working  From Home

According to the Australian Bureau of Statistics, approximately 3.5 million people are working from home at some point or another in the country. This number is only going to increase as more and more people transition to fully-online work, and with that comes a decreased need for traditional office settings with cubicles.

As the need for traditional office settings decreases, the need for co-working space franchises grows. People are looking for a serviced office space that provides the desk area they need with perks such as 24-hour access, mailbox services, conference rooms, and more so they have everything they need to continue operations in a more professional setting. However, traditional office settings can’t offer the one thing these workers need most: flexibility! With a range of plans to choose from, Venture X clients can choose for themselves how often they’d like to utilize our services.

Close Ties to the Technology Industry

The co-working space industry has a direct link to the success of the technology industry. Technology has enabled information to be obtained faster and people to work flexibly outside of an office. The technology industry has been quoted to be “one of the biggest money-making sectors” according to experts in the Business Insider. This means it can potentially lead to extreme profitability if you invest in a co-working space franchise.

Since many of these clients only need the minimum of wifi and a desk, people turn to co-working space franchises for their flexible plans to get exactly what they need to get their work done and not pay more than they have to. Even for those who need a little extra space and privacy, Venture X co-working spaces have services for that too.

People Are Looking for a Serviced Office Space

Entrepreneurs, freelancers, contractors, small business owners, and many other people in different professions are looking for a serviced office space. Each client is different and requires different services, so they choose franchise brands like Venture X because of the variety of services they offer. If you are interested in getting into a rapidly growing industry, a franchise may be the perfect opportunity for you.

Learn more about the co-working space industry and find out how you can get involved today.

 

5 Frequently Asked Questions About Investing in a Co-Working Space

Investing in a co-working space means you have made a decision to invest in yourself. There is always the small business route to open your own co-working space, but more and more entrepreneurs are choosing to invest in franchises, and for good reasons too. You want your co-working space business to offer competitive services to help retain customers such as a virtual office space, varying levels to accommodate different people with different needs, and other things that put you above the rest.

With a brand behind you to provide things like a business model and support, you will have what you need to open a co-working space that you could be proud of. But there are a lot of opportunities out there, and in order to find the right one, there are questions you should be asking to learn more about the industry and the different brands. Here are the top five frequently asked questions about investing in a co-working space.

virtual office space

#1. Is It Better to Start a Business or Invest in a Franchise?

Small businesses and franchises are the top options for owning a co-working franchise, and both share advantages and disadvantages. One of the biggest appeals of investing in a franchise over starting a business from scratch are the clearly defined costs that go into opening one. A quality co-working space franchise will have an investment that breaks down costs associated with a franchise such as training, support, products, materials, and more to get your franchise open faster. In addition, a well-known brand comes with a business model that has been tested and proven through past franchises that use it as well.

#2. Are There a Lot of Franchising Options?

Fewer people want to work in the traditional office setting, and as technology improves and more work is being shifted to online platforms, more people are working from home now than ever. According to an article in the Sydney Morning Herald, one in every three workers in Australia works from home regularly. This number has risen from 20 to 30 percent over just 15 years. Because more people are working from home and less in a traditional office space, the need for co-working space franchises has grown dramatically.

People are choosing co-working space franchises for the multiple locations they can choose from and the services they offer for the price. Venture X and other franchise opportunities are seeing a lot of success because customers like the flexible service options that fit their specific needs and the general collaboration and social interactions they get by working near a wide variety of people in different professions.

#3. What Is a Turnkey Investment?

A turnkey investment is something that certain franchise brands offer, and it goes beyond just a standard investment. Where the average investment comes with only a storefront and maybe a little bit of training, a turnkey investment comes with a complete package for the cost. This means you get just about everything you need to open a co-working space franchise.

For instance, Venture X’s turnkey investment offers a lot to help you open your dream franchise. It comes with training and support, a business model, multiple different resources, and more to help you get started on the right foot.

#4. Where Is a Target Franchise Location?

Co-working space franchises typically do well in areas that have easy transportation, a high amount of buildings and offices in the area, and a large enough car park for commuters to park. In addition to the exterior, if a co-working space franchise will have any likelihood for success, it must have enough space to provide private offices, shared desks, regular desks, conference rooms, and more so customers can receive a wide array of services for their own virtual office space. Venture X offers target markets that have been researched to determine they have the proper demographics for a co-working space franchise in Australia.

#5. What Is a Virtual Office Space?

A virtual office space is a service offered at Venture X that provides customers with a professional address for their business so their clients can send mail to an address separate from their home. In addition, this mailing address is at a location that is in a much more business-oriented city or town that clients will recognise and respect more. This is just one of the many services that Venture X offers for customers. They have mailbox services like the virtual office space but also have separate or shared desks, private offices, and even conference rooms to accommodate anyone working outside the traditional office.

If investing in a co-working space sounds appealing to you, check out more of our frequently asked questions.

How to Get Started on a Office Space Business Opportunity

Investing in an office space business opportunity is a great way to get into the workspace sharing industry with a newer concept that is surging with popularity. The sharing industry, or sharing economy as Forbes Magazine calls it, is a growing economic model that both younger and older generations are adopting and incorporating in their everyday lives. People are sharing more and owning less, which is why companies like Uber and Airbnb are thriving. Office space businesses are no different.

Shared office spaces are collaborative environments where people who may have never crossed paths professionally or personally can work together and bring new insight to whatever they are doing. They attract all kinds of different customers such as freelancers, contractors, entrepreneurs, and more to work someplace outside a traditional office setting.  Office spaces are a profound way to get into the sharing industry, which is growing immensely as more and more people are sharing goods and information with one another. Here are the steps on how you can get started with an office space business.

office space business opportunity

Find the Right Office Space Business Opportunity

Research is a very important first step to finding the right opportunity for you. Even though shared workspaces are a newer concept, there are a lot of options out there. One of the best things to search for when you are trying to find the right opportunity is a co-working space franchise. A franchise may serve as the best office space business opportunity because a franchise has a reconiseable name that people already know and trust to provide the services they need. Establishing your own small business means you need to find customers who are not already committed to a franchise or are willing to make the switch. Office space franchises offer competitive services and prices that may prove to be beyond what a small business could handle.

Instead of starting a business from scratch, investing in an office space franchise right from the start may potentially prove to have profitability where a business might not.

Invest in the Right Office Space Business Opportunity

Once you decide that an office space business franchise is the right opportunity for you, the next step is finding the right one to invest in. A lot factors into a quality franchise investment, but one that is important to acknowledge is that the best franchises do not always come for the lowest price. A franchise opportunity may offer a low price, but it may not come with anything except the brand name. Without training, support, and resources behind you and your franchise, the cost to run one may end up being more expensive than the original investment.

Finding a franchise that offers a turnkey investment is the best choice for an office space business opportunity. A turnkey investment comes as a package that contains things such as training, support, marketing materials, lease negotiation help, and more to make sure you have everything you need to run an office space business more poised for success.

Open an Office Space Business You Are Proud Of

With the right brand behind you, you should have what you need to have an office space business that you want to work in every day. Brands like Venture X understand that the success of their brand has a direct correlation to the success of franchisees and want to do their part to help them. With in-depth training and ongoing support even after you open, you know you have invested in an office space business that you can be proud of. Venture X is the office space business opportunity that may be perfect for you.

For more information about office space business opportunities and Venture X, visit our website.

3 Reasons Why Clients Love Venture X

When considering the marketing demographics for your shared office space provider, it is important to think about who your clients are. A co-working franchise serves a wide variety of people who are looking for a workspace outside the traditional office setting. These people are coming from backgrounds as freelancers, contractors, people who work from home, and many others. They turn to co-working franchises because they want to work in a collaborative office environment that provides them with the resources they need for their business and allows them to interact with others outside of their profession. However, these clients do not just choose any shared office space provider. They often choose Venture X franchises, and here are three reasons why.

Shared Office Space Provider

#1. A Franchise Means Consistency

Clients like knowing exactly what to expect when they choose a co-working space. Whether a client has to move around from place to place for their jobs or is just looking for a reliable place to work every day, a co-working franchise can offer consistency at every franchise location. A client can find a Venture X location somewhere like Sydney or halfway around the world in Florida. Regardless of where a client is, there is oftentimes a Venture X franchise nearby with consistent plans and memberships available. In addition, every Venture X franchise follows the same business model that is adaptable to most countries, so clients can have a similar experience no matter where they go.

#2. Clients Choose a Shared Office Space Provider that Accommodates

Since we serve such a wide variety of clients, it is important that a shared office space provider like Venture X has a lot of varying plans and services to accommodate them. Clients do not want to pay more than they have to, and when they see that there is a plan that is perfect for them it will entice them to stay. The services and plans that a Venture X offers are a significant reason why clients love our co-working space so much. They come to work every day knowing that they have a plan that fits their specific needs.

Venture X franchises offer plans that cover one-day meetups, to shared desks, all the way up to private offices. In addition, Venture X franchises have conference rooms that can be used for meetings. The variety helps clients find the right plan for them, and they have options to adjust in accordance with what they need. Clients admire the flexibility that goes along with Venture X franchises in terms of plans and services.

#3. They Know the Franchisee Is Trained in the Industry

Clients want a shared office space provider who knows the industry and knows how to run a business. The co-working industry is growing, which means that the office space provider should be keeping up with the latest trends and technologies that are enabling the industry to thrive. Venture X clients love that the franchise owners they work with are experts in the industry (thanks to the top-notch training they receive). In addition, clients choose Venture X because they know that if a problem ever comes up within the franchise, the brand is always there to help.

Investing in a  shared office space provider like Venture X means having countless resources and ongoing support to help you with any issues that may come up along your franchising journey. Franchisees love Venture X because of their dedication to being a quality co-working space provider that’s invested in their growth. Clients can tell when franchisees dedicate themselves to their shared office space experience, which is why they love Venture X too.

For more information about why Venture X stands out from other shared office space providers, contact us today.

 

The Basics of Starting a Shared Workspace Business

Just like any franchise opportunity, it is important to do research before you invest, and a shared workspace business is no different. The shared workspace industry is a newer one, but rapidly growing every year as technology allows more people to work in flexible locations. If you are looking to start a shared workspace business, this is something important that you might already know. People are looking for a place they can work and collaborate with others outside of just a row of cubicles, and franchises like Venture X can provide that. If starting a shared workspace business is something you are passionate about doing, here are the basics to starting one.

Starting a Shared Workspace Business

Finding a Shared Workspace Business for the Right Price

Starting a shared workspace business from scratch may sound like a viable option to achieve your dream, but the costs that come with it could shatter it even before it begins. When you own your own business, there are countless materials and resources you need to get it started, and even afterward, you may find yourself shut out by competitors who have already established clientele. With a franchise like Venture X, the investment is clearly outlined, so there are fewer surprises as you get your business up and running. In addition, a brand that has locations all around the world is more recognisable to clients.

The investment in a shared workspace business through Venture X  comes with marketing tools as well. With a marketing kit and the brand recognition that comes with a franchise, you will be far more likely to come out on top of the competition. Venture X provides both of these things in their turnkey investment as well as many other benefits.

Choosing a Shared Workspace Business That Cares

When searching for the right shared workspace business opportunity, it is wise to also remember that a low investment does not always equal a quality franchise. A great franchise brand will incorporate things such as training and support for franchisees in the investment, and they care about their clients as well. Brands like Venture X know they are only as successful as the franchisees who represent them, and they try to help them in any way they can. Venture X provides in-person training to franchisees before they open their franchise to make sure they know the industry and everything about the brand they represent. This gives them have a deeper understanding of Venture X and more confidence in starting a shared workspace business, so they know they made the right choice.

In addition to the initial training, Venture X and other franchise brands offer ongoing support after you open your shared workspace business. After the intensive training in Flordia, Venture X has on-site support at your franchise location to help you start your franchise journey. Even beyond, this ongoing support can help with things such as marketing and any other problems that might arise.

Starting a Shared Workspace Business the Right Way

By choosing to invest in a franchise, you know you are making a clear investment in a brand that supports you and that clients trust. People choose their investments based on many factors, but having a brand behind you that has great reviews, stellar services, and dedicated franchisees is definitely helpful. Venture X takes pride in having all these things that keep our clients coming back. Our strong backing from United Franchise Group and helps us to provide our franchisees with the cutting-edge training and support they need to stay on top of their game.

If starting a shared workspace franchise is a dream of yours, Venture X may be the perfect opportunity for you. With a reasonable investment cost, in-depth training, and ongoing support, you will feel confident in your decision and ready for anything that may come your way.

For more information about the benefits starting a shared workspace business with Venture X, download this free guide

Are You Looking for a Co-working Business Opportunity? Try Venture X

The traditional office workplace is becoming a thing of the past as more and more people are moving away from the concept of sitting in a cubicle. Because there is less of a need for a traditional office, there is more of a need for shared co-working spaces. A variety of different people in different professions are looking to work in an environment that accommodates their needs. People who work for themselves such as contractors and freelancers need a space they can dedicate to work, and people who work from home are looking for the same. Now is a better time than any to invest in a co-working business opportunity because the demand is quite large. Let’s learn more about why choosing Venture X may prove to give you an edge over our competitors.

Coworking Business Opportunity

Clients Require Flexibility, and Venture X is Flexible

People are coming from all walks of life to a co-working space. Each one has a different business and therefore has different needs. Many co-working businesses may offer one or two options at one specific location for their clients, but Venture X offers several plans to address every client’s needs. In addition, Venture X franchises are appearing all over the world. More and more entrepreneurs are beginning to see how profitable the shared workspace industry is as more and more people are abandoning the traditional office setting for opportunities to collaborate and work in a more open area.

The shared workspace industry, according to Investopedia, has grown outstandingly in the past five years and is projected to grow to be a $335 billion industry by 2025. Clients are looking for co-working opportunities near you, and a Venture X may be the best way to get in this profitable industry.

Investing in a Franchise Is Better Than Starting a Business

Venture X is a co-working franchise opportunity that can prove to be better than starting your own co-working business. Venture X’s investment is clearly outlined and provides all the necessary costs right from the beginning. When you open your own co-working business, there are a lot of things to consider and a lot of problems that can arise. With an established brand behind you and a well-developed business model, you might have a greater chance of avoiding those problems, which will put you ahead of the competition.

An Award-Winning Family Means an Award-Winning Opportunity

Venture X is part of United Franchise Group, a connected network of different franchise brands around the world. United Franchise Group and its brands have all been recognized for incredible accomplishments and rapid growth, including Venture X. Being part of such a connected brand means you will be provided with the skills that will help you thrive as you open your co-working franchise.

Venture X offers initial training for all new franchisees to learn about the industry and the ins and outs of their co-working franchise. After the training, franchisees also have ample resources and unparalleled support for their franchise to help them get up and running and keep it on a path more poised for success.

There May Be a Co-working Business Opportunity Near You

Venture X has many target markets that we believe would make great locations for our franchises (don’t worry if you don’t see your area on the list — we’re always conducting new market research!). We work with franchisees to find an opportunity near them that encompasses all the site requirements necessary. In addition, we provide industry training after the investment to help franchisees learn the ins and outs of this co-working business opportunity and what the best course for success is.

If you are looking for the right co-working business opportunity, a Venture X franchise may be perfect for you. In an industry that is growing immensely, having an established brand behind you to provide training and support, in addition to a well-developed business model that is easily adaptable can help you find an exciting new career with a co-working franchise.

For more information about the Venture X co-working business opportunity, contact us today. 

Tip the Investment in Your Favor By Opening a Franchise

Are you trying to choose between opening an office space franchise or starting your own office space business from scratch? If so, there are pros and cons to both. Venture X is an industry leader in the co-working space business, with years of experience helping new franchisees open their doors. We’ve observed that there are many advantages to working with a franchisor when it comes to breaking into our industry. Let’s take a closer look at a few important reasons.

Valuable Insight Into Your New Business

If you’re thinking of opening an office space franchise with Venture X,  one of the most important advantages you’ll enjoy is our insight into the industry. We often hear prospective franchisees asking: “How much industry experience do I need to open a co-working business with you?” The answer is none! That’s because when you franchise with Venture X, you’ll take part in a comprehensive training programme that’s designed to teach you everything you’ll need to know to run one of our locations.

The same can’t be said if you decide to go it alone. Independent business owners can spend months, or even years, learning the ins and outs of their new industry. They have no one to help them when it comes to important decisions like identifying the most effective procedures, bookkeeping, managing employees, and so forth. On the other hand, Venture X supports our franchisees when it comes to all of this and more! Our industry expertise gives us the insight you’ll need to make the most of your new investment.

opening an office space franchise venture x

The Support You Need to Grow Your Business With Confidence

Another distinct perk of opening an office space franchise with Venture X is the support you’ll receive along the way. We want to make it as easy as possible for our franchisees to establish their new businesses, and we understand that their success means greater success for our entire organization. That’s why we work to provide valuable support before and after you open your new business.

Independent business owners need to invest loads of time and research into pre-opening considerations like choosing a location, negotiating a lease, renovating and designing their new interior, and more. Venture X franchisees enjoy our help with all of these tasks and many more. Furthermore, we’ll help keep you up-to-date on industry trends through ongoing training and support as you grow your business.

The Value of the Franchise Fee

Some prospective franchisees may be discouraged from investing because they don’t like the idea of a franchise fee. However, as you can see, opting to franchise can save investors plenty of money, time, and resources when it comes to learning the industry and getting their business up and running as efficiently as possible. In fact, we’re so sure that we can help you open your business with little hassle and few unexpected costs, we like to call ourselves a “turnkey business.” Why deal with all the uncertainties of opening a business alone when you can rely on our expertise to guide you through the process?

These are just a few of the reasons opening an office space franchise is a better option than starting a business from scratch. Contact us today to learn more about the process of becoming a franchise owner!

Is There a Need for Coworking Spaces? You Bet!

Opening a co-working space franchise with Venture X is a great way to meet an important need in our economy. More and more Australians are turning to freelance work, with freelancers now making up about one third of Australia’s workforce! With so many professionals going into business for themselves, Venture X offers attractive options for freelancers and prospective investors alike. Here’s a quick look at why now is a great time to invest in a Venture X franchise.

Freelancers Need Places to Work

One of the most exciting aspects of striking out on your own, away from the corporate life,  is that you can work on your schedule rather than someone else’s. Many freelancers opt to work from home or local coffee shops, but these locations can come with distractions: it’s hard to focus on the tasks at hand when distracted by the television, children, noisy espresso machines, and so forth. Many freelancers are reluctant to rent a regular office space because such a lease agreement would suck up a tidy portion of their profits, and they may not need a regular workspace every day.

Venture X fills this need by offering freelancers and other professionals who aren’t tied to an office the flexibility to use a shared or dedicated workspace when they need it. Whether they need a place to work one or two days a week or every day, Venture X has flexible lease agreements to suit their needs. Our beautiful facilities come complete with everything they need to stay productive, including high-speed internet and other technology. It’s no wonder why the co-working space industry has exploded and is only getting more popular by the year.

co-working space franchise venture x

A Great Opportunity for Investors

The flexible model we’ve developed is also beneficial to our franchisees. When workspaces aren’t being used by one person, they can be leased out to another. This allows our franchisees to carry many more leases than they have workspaces available, helping them to maximize the value of their location.

As you can see, there is a clear need for co-working spaces like Venture X in Australia. Our business model has already proven successful in North America, where we have 30 new locations opening their doors this year alone! As an innovative industry leader, we understand what it takes to get a new co-working space franchise up and running. Backed by the United Franchise Group, a franchise industry leader with more than 30 years of experience, we also know what it takes to provide you with the training and support you need to most effectively address the need for co-working spaces in your community. We want to help you grow your business with confidence. Let us work with you as you break into this exciting and growing new industry!

These are just a few of the reasons that there is a need for co-working space franchise locations like Venture X. We’re excited to work with Australian investors to expand our business on the continent. Contact us today to learn more about the process of becoming a franchise owner!

Design Elements You’ll Want to Incorporate into Your Business

Opening a co-working franchise business with Venture X is a great way to break into a flourishing new industry with the guidance of experts. Venture X is leading the charge in this exciting sector. When you franchise with us, we’ll help you with a wide range of pre-opening tasks including finding the perfect location, negotiating a lease, and training you in the ins and outs of our business. You can also count on our support to beautify the interior of your location. Venture X is famous for our modern design, art and architecture, setting us apart from the drab office spaces of the past. Here are a few ways our design experts help our franchisees beautify their co-working franchise business locations:

An Emphasis on Form and Function

Above all else, Venture X co-working franchise business locations need to be productive workspaces that foster creativity and collaboration. Our design experts work to create spaces that are aesthetically pleasing, but also easy to work in. One way we make sure our spaces are conducive to getting things done is by offering a range of different workspace options. Venture X clients are able to choose if they’d like a communal workspace, a dedicated workspace, or a whole office! Venture X locations are spacious so that all of these different types of workspace are available when clients need them. We also provide open areas where our clients can collaborate, such as our cafe that keeps clients caffeinated and energized to stay productive!

co-working franchise business venture x

Beautiful Spaces to Foster Creativity

Many Venture X clients are freelance professionals who work in fields such as photography, graphic design, writing, and so forth. These workers love that Venture X spaces are beautifully designed, making it fun for them to come to work. We make our Venture X locations attractive by cultivating great collections of modern art, painting in bold colors, emphasizing textures like natural wood grain, and more. We want the experience of working in one of our locations to feel like to spending time in a luxury hotel, making it enjoyable to spend time in our workspaces. The Venture X client loves our emphasis on high design, and finds inspiration in surrounding themselves with a beautiful, modern aesthetic as opposed to a beige cubicle.

Everything Clients Need to Get Work Done

Of course, design is just one of the aspects of what makes Venture X such a great choice for freelance professionals. It’s important that clients have access to the tools they need to get the job done effectively. We also offer all of the tools they need to work productively. Within our beautifully-designed workspaces, we offer high-speed internet, access to printers, meeting rooms, and more. Our clients love that they can count on us to provide them with the services they need to be successful.

These are just a few of the ways design plays an important part in Venture X co-working franchise business locations. Contact us today to learn more about the process of opening your own co-working space!

What Are the Next Steps to Opening a Coworking Space Franchise?

Are you looking to franchise a co-working space in Australia? If so, you’ve come to the right place. Venture X has years of experience in the co-working space business, making us an industry leader. If you’re interested in getting started on the process to becoming a franchisee, here’s a sneak peek at a few of the most important steps in the process towards opening your new co-working space.

Reach Out to Us

The first step to franchise a co-working space in Australia is to contact us and let us know you’re interested. Fill out our simple interest form, and we’ll reach out to you at your convenience to give you more information about the franchising process. We’ll also get to know you, and assess how well our goals align. If it seems like you’d be a good fit, we’ll move on to the next steps.

franchise a co-working space in Australia Venture X

Background Check and Disclosure Document

Another important step in the process is when we formally assess one another through background checks and reviewing our disclosure document. We’ll review your financials to ensure that you’re in a good place to manage the estimated initial investment in a Venture X co-working franchise. You’ll also have a chance to review our disclosure document, which details important information such as fees, royalties, past performance of other franchise locations, and more. If these formal reviews conclude favorably, you’ll sign your franchise agreement and get started on opening your location.

Getting Ready to Open Your Doors

To prepare you for your opening, you’ll attend a comprehensive in-person training at our headquarters in West Palm Beach, Florida in the United States. You’ll learn everything you’ll need to know about the ins and outs of running a co-working space. Afterwards, one of our experts will join you at your location and help you to prepare to open your doors for your grand opening.

Ongoing Support

Once your business is open, Venture X will continue to support you as your clientele grows through a collaborative online portal, regional meetings, and more. By utilizing our time-tested methodologies, you’ll work to develop a strong customer base and establish yourself as the go-to co-working space in your area. This on-going support is especially helpful to our franchisees as they learn the ropes of running their own co-working space.

These are a few of the most important steps to franchise a co-working space in Australia. Contact us today to get started on your journey towards franchise ownership!