Investing in a Coworking Franchise for the Future

Investing in a coworking franchise is a great way to start your very own business in a booming industry that offers tremendous potential. Venture X has been an industry leader, and we plan to continue that trend well into the future. Here, learn about some of the goals Venture X has set for the years to come. 

More Non-Traditional Locations

Location is a significant consideration for every business, and that’s equally true when you invest in a coworking franchise. Venture X has been opening up new franchises in centrally-located spots for years: those that are close to great restaurants, convenient parking, public transportation, and popular business hotels. We’ve found that locations like these make us especially visible which helps in attracting new members and providing convenience for our current members.

We hope to continue this trend while setting up shop in non-traditional locations. For instance, opening a Venture X in or adjacent to a hotel is a great way to capture the business of local professionals while also drawing in more business from travelers looking for a dedicated workspace while away from home.

Along these lines, lots of great anchor spaces are opening up in malls and shopping centers across the country. These spacious locations would make excellent coworking spaces, offering plenty of amenities nearby and great visibility for potential members.

Continuing to Integrate Cutting-Edge Technology

Venture X has always been on the cutting-edge of technology. It provides our members the benefit of valuable amenities like high-speed internet, fully functional conference rooms, and podcast recording studios while also benefiting our franchisees with proprietary software to manage billing, records, and so forth.  

One of the best parts of investing in a coworking franchise like Venture X is that we invest in research and development, which we use to benefit our entire business model. Independent coworking space owners need to keep up on the latest technology solely on their own, whereby our franchisees have the opportunity to rely on us to keep them updated so they can focus on growing their businesses.  

Exponential Growth Through 2021 and Beyond

While many businesses struggled to keep afloat in 2020, Venture X had a strong year overall, signing 22 new development agreements after the start of the pandemic. We even saw an 82% increase in virtual office sales!

As more and more people discover how valuable our services are, we want to keep that growth going and aim to sign 30 more locations (in the U.S. and internationally) in 2021. Are you cut out to be one of our franchisees? 

The process of opening a new Venture X is surprisingly straightforward. We’ve developed a streamlined system that comes with plenty of built-in support every step of the way. You can count on our team to work closely with you as you learn our business model, find the right location, build it out, and build up your member base.

Ready to learn more about investing in a coworking franchise with Venture X? Contact us today!

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