Meet Mary and Jon Jonz, our shared office space franchise owners based in Clayton, Missouri. For the couple, the appeal of a coworking space franchise opportunity is not just about owning a physical workspace but also about the support and community that come with it.
What Led Mary and Jon to Office Evolution Coworking Office Space Franchise?
Mary and Jon had been familiar with coworking for some time, with Jon having managed his marketing business operations from another popular coworking space for several years. When they were looking into franchising options, they landed on coworking, and Jon had an “aha” moment, realizing that with their combined skills, they could do better than other shared office spaces out there by investing in an Office Evolution franchise.
As a marketing professional, John was impressed by the state-of-the-art software tools and systems used at Office Evolution, which gave them confidence that their franchisors knew what they were doing.
Why Did the Couple Choose Office Evolution?
Having a prepackaged business to work from was particularly appealing to the couple. They liked the idea of hitting the ground running with a built-out business model they could put their own stamp on. Another big plus for them was being part of a franchise community of like-minded individuals working toward similar outcomes.
They explained that being part of a community provided a guiding point and allowed them to bounce ideas off other franchisees and get feedback on their business strategies. It also gave them a sense of accountability and motivation to keep pushing toward their goals.
The couple agreed that support was a crucial component of franchising. They explained that everyone in the Office Evolution community was doing the same things, experiencing similar issues, and implementing the same strategies to achieve their goals. This provided a sense of camaraderie and a feeling that they were all in it together.
Why Do Investors Love the Franchise Business Model?
Investing in a franchise means gaining access to a well-established business model with a reputable brand and customer base, saving you from starting from scratch. As a result, the risks involved in setting up a new business are significantly reduced.
Moreover, most franchisors provide comprehensive training and support to their franchisees. This can be especially beneficial for those who are new to the business world and need guidance on running a successful enterprise.
Another advantage of investing in a franchise is that you can benefit from the purchasing power of the entire franchise network. This means that you can enjoy significant cost savings on supplies and materials, positively impacting your bottom line.
Finally, being part of a larger organization offers access to a wide range of resources and support that can help you achieve your business goals. These resources may include marketing and advertising support, access to proprietary technology and software, and ongoing training and development opportunities. All of these factors can contribute to your franchise’s success and help you build a profitable and sustainable business.
Why Our Franchisees Love Office Evolution
Recently, coworking spaces have gained immense popularity, and it’s not difficult to see why. The adaptability and collaborative environment of these spaces are highly attractive to an increasing number of individuals, such as business owners, freelancers, and entrepreneurs. Our franchisees love being a part of the Office Evolution family. Here’s why:
- Recurring Revenue: Our businesses operate on a subscription-based model, which indicates that a significant portion of our franchise owners’ income, amounting to 93%, is generated from recurring revenue streams.
- Multiple Revenue Streams: Aside from providing coworking memberships, our franchisees can also offer an array of virtual office services, meeting room rentals, and business support services. This diverse range of offerings can help you navigate economic downturns and add stability to your business.
- Recession-Resistance: The demand for flexible and affordable workspace solutions typically increases during economic downturns, making coworking spaces an ideal recession-resistant option. This is primarily due to their cost-effectiveness compared to traditional office spaces and the provision of short-term leases and flexible memberships, allowing for greater adaptability to changing business needs.
- Single-Employee Model: We follow a single-employee model, which means that you won’t have to go through the hassle of training and managing a large staff, leading to better bottom-line growth and a smoother business management experience.
- Training and Support: At Office Evolution, we offer extensive training and continuous support to our franchisees to ensure their success in the industry. This support system includes a pre-opening training program, access to a dedicated franchise support team, and a network of fellow franchisees who can offer guidance and advice.
- Lower Start-Up Costs: When compared to other opportunities, the coworking start-up costs for Office Evolution are relatively low. This makes it a more accessible option for entrepreneurs who may not have the resources to invest in more expensive franchises while still providing an opportunity for them to build a successful business.
Investing in our coworking space franchise opportunity offers an exceptional opportunity to participate in a thriving and continuously expanding industry. Becoming a member of our franchise means being a part of a team that boasts an impressive track record of success and a commitment to providing excellent coworking facilities and amenities.
Ready to start your Office Evolution journey? Contact us today to join our family of franchise owners!