SHIFT Enterprise Academy, Inc - Training Institute Franchise Opportunity
7.4 / 10 · Established in 2019, 2 Franchisees currently, Headquartered in Houston
All Formats
| Format | Investment including Brand Fee | Brand Fee | Space | Staff | Exp. Monthly Sales | Profit Margin | Royalty |
|---|---|---|---|---|---|---|---|
| SHIFT Forward Center - Venture Studio | USD 250 - 750 thousand | USD 12 thousand | 860,000 - 4,300,000 Sq Ft | 10 | USD 38 thousand | 15% | Franchisees will pay an 8% royalty fee to SHIFT Enterprise Academy based on their annual net income, and SHIFT will earn commissions from funding opportunities it facilitates for the incubated companies. This revenue-sharing structure incentivizes both franchisees and SHIFT to work towards the success and growth of the venture studio network. Franchisees can expect an annual payout of USD 450,000 from Year 2 of operations. |
| Format Name | SHIFT Forward Center - Venture Studio |
|---|---|
| Investment | USD 250 - 750 thousand |
| Brand Fee | USD 12 thousand |
| Space | 860,000 - 4,300,000 Sq Ft |
| Staff | 10 |
| Expected Monthly Sales | USD 38 thousand |
| Profit Margin | 15% |
| Royalty / Commission | Franchisees will pay an 8% royalty fee to SHIFT Enterprise Academy based on their annual net income, and SHIFT will earn commissions from funding opportunities it facilitates for the incubated companies. This revenue-sharing structure incentivizes both franchisees and SHIFT to work towards the success and growth of the venture studio network. Franchisees can expect an annual payout of USD 450,000 from Year 2 of operations. |
Documents
About SHIFT Enterprise Academy, Inc
The SHIFT Forward Center - Venture Studio is a venture-building studio that incubates businesses and strives to create an entire community for innovation and value creation.
Its competitive edge lies in innovation, sustainability, and community engagement. The centre will host a venture studio which will incubate 9 ventures per cohort. Similar to how we take a 10-40% stake in our ventures, the franchisee can also take a stake in the ventures they incubate in their centre. The venture studio makes money through the venture it invests in. Our target audience for the venture studio is women entrepreneurs, rural entrepreneurs, and forward-thinking entrepreneurs.
Investing in the franchise offers an innovative concept, strong brand identity, proven success, growth potential, and community impact.
The space requirement is huge as the ultimate plan is to create an entire centre with retail spaces where multiple businesses that our centre incubates can operate as well. More details on the land use can be viewed in the attached document.
The owner of this business has registered the company in Houston, Texas, USA. However, both the current operating studios are in Uganda.
Products and Services
The SHIFT Forward Center is an innovative hub offering entrepreneurship programs, consultancy, workshops, co-working spaces, networking events, funding connections, and a digital learning platform. It aims to empower individuals and communities through a range of services designed to increase personal and professional growth in the entrepreneurial landscape.
Preferred Locations
Nairobi, Houston, Mombasa, Addis Ababa, Entebbe, Jinja, Kinshasa, Bryan, Mbalala.How to get SHIFT Enterprise Academy, Inc Franchise?
To obtain a SHIFT Forward Center - Venture Studio franchise, individuals follow a structured process by SHIFT Enterprise Academy:
- Initial inquiry: express interest via website, email, or phone.
- Information package: receive details on the franchise model, investment, and support.
- Application submission: submit personal, and financial details, and intent.
- Evaluation: assess the applicant's qualifications, resources, and values alignment.
- Franchise Disclosure Document (FDD): provides legal, and financial details.
- Review and due diligence: thoroughly review FDD, and conduct research.
- Franchise agreement signing: formalize relationship, outline rights.
- Training and onboarding: receive comprehensive training.
- Site selection and setup: choose the location, and set up space.
- Launch and operations: begin serving clients, with ongoing support from the SHIFT Enterprise Academy.
Connect with us on SMERGERS and we will guide you through the process.
What are some of the things we look for in a Franchisee?
Individuals running a SHIFT Forward Center - Venture Studio franchise have key roles and responsibilities:
- Business operations management.
- Customer relationship management.
- Business development.
- Program delivery.
- Financial management.
- Marketing and promotion.
- Community engagement.
- Compliance and legal obligations.
- Continuous improvement.
- Brand ambassadorship.
These responsibilities contribute to fostering entrepreneurship, innovation, and economic growth within communities.
Support you can expect from the company
SHIFT Enterprise Academy supports franchisees of SHIFT Forward Center - Venture Studio with training, operational guidance, marketing support, program development, networking opportunities, technology assistance, continuous training, operational resources, regular communication, and community support to ensure their success and community impact.
Profile Stats
- 100+ Page Views
- 60+ Investor Views
Training Institute franchise in Jinja
·Training Institute franchise in Kinshasa
·Training Institute franchise in Mbalala
·Training Centre franchise in Mombasa
·Training Centre franchise in Addis Ababa
·Training Institute franchise in Entebbe
·Training Centre franchise in Nairobi
·Training Centre franchise in Bryan
·Training Centre franchise in Entebbe
·Training Centre franchise in Jinja
·Training Institute franchise in Nairobi
·Training Institute franchise in Addis Ababa
·Training Institute franchise in Mombasa
·Training Institute franchise in Houston
·Training Institute franchise in Bryan
·Training Centre franchise in Kinshasa
·Training Centre franchise in Houston
·Training Centre franchise in Mbalala
47 Investors viewed this Franchise this month.
Register below to connect now!
- Social
- Register
- Login
Frequently
Asked
Questions
-
When was SHIFT Enterprise Academy, Inc established?SHIFT Enterprise Academy, Inc was established in 2019 in Houston and is reported to have 2 Franchisees currently
-
What is the investment required to take up SHIFT Enterprise Academy, Inc Franchisee?Investment required ranges from USD 250 thousand - 750 thousand depending on the format offered.
-
What is the space requirement for taking up SHIFT Enterprise Academy, Inc Franchisee?Space required ranges from 860000 - 4300000 sq ft depending on the format.
-
What Franchisee formats does SHIFT Enterprise Academy, Inc offer?SHIFT Enterprise Academy, Inc offers 1 format, i.e SHIFT Forward Center - Venture Studio.
-
How to get SHIFT Enterprise Academy, Inc Franchisee?To obtain a SHIFT Forward Center - Venture Studio franchise, individuals follow a structured process by SHIFT Enterprise Academy: - Initial inquiry: express interest via website, email, or phone. - Information package: receive details on the franchise model, investment, and support. - Application submission: submit personal, and financial details, and intent. - Evaluation: assess the applicant's qualifications, resources, and values alignment. - Franchise Disclosure Document (FDD): provides legal, and financial details. - Review and due diligence: thoroughly review FDD, and conduct research. - Franchise agreement signing: formalize relationship, outline rights. - Training and onboarding: receive comprehensive training. - Site selection and setup: choose the location, and set up space. - Launch and operations: begin serving clients, with ongoing support from the SHIFT Enterprise Academy. Connect with us on SMERGERS and we will guide you through the process.