Buying the Business
Investment Requirements
The rights to start the business in your location are purchased through a
license agreement with IdeaVision. The cost of the license is a one-time fee of
$12,400
which represents your minimum initial investment in the business. Aside from
travel expenses for training at your location (an option discussed below), there
are no other mandatory start-up fees that must be paid to IdeaVision.
Start-up costs in general are low, but the following items should also be
considered when budgeting for your total initial investment:
|
Expense Item |
Comment |
| Computer Hardware |
Upgrades or any new equipment that you need. Often not a
significant expense if you own a reasonably late model computer already. Refer
to Hardware Requirements for
further details. |
| Travel for Training |
Travel from your location to Orlando, FL for the two-day training
session. Optionally, a a representative from IdeaVision will travel
to your location as long as you reimburse IdeaVision for their travel
expenses. Typical costs (regardless of location) include airfare,
hotel, rental car and meals. |
| Initial Marketing |
No mandatory budget is required, but it's recommended that you set
aside $1,000 - $2,000 if possible for start-up marketing and office
expenses. |
Note that ongoing operational expenses for your business
are also relatively low. This aspect is discussed further under the Frequently
Asked Questions topic What are the ongoing
costs after start-up?
Territory Option
The license includes a protected territory, which defines an area where only
one licensed business is located. The standard territory size typically
ranges from 200,000-400,000 population, depending on the population density of
an area. Territories are described further under the Frequently Asked
Questions topic How do protected territories
work?
You may optionally purchase an additional territory or an expanded territory
size. The same license fee applies for each territory, while the cost of
an expanded territory is prorated based on the additional size. A standard
territory is more than sufficient to operate the business successfully, but this
option is available to support future growth plans that you may have.
About Licensing
Licensing is a business relationship that allows entrepreneurs to start an
independent business using the knowledge base and tools developed by another
company. In this case, IdeaVision has been developing the business since 1993.
Countless improvements and lessons learned have occurred along the way. This
kind of undertaking obviously requires a huge investment in both time and money
that is impractical and highly risky for an individual to take on themselves.
However, the license arrangement provides you with a viable path to starting
the business for a small fraction of the time, money and risk that would
otherwise be required. IdeaVision is reimbursed for their efforts over time from
the sale of the licenses and other mutual opportunities that arise with the
operating businesses.
Why You Buy a Defined Business
People buy a defined business, whether it's via a license or franchise agreement,
because it makes good business sense. It's unlikely that you'll hear
anyone tout 'Do-it-Yourself' as a good business concept,
especially when everything you need is already available and prepackaged
for you.
A watered down, do-it-yourself version can rarely compete in the marketplace.
You're up against a company that has been developing the business for many
years. You're also competing against a large team of experienced franchisees or
licensees (i.e. the owners of the operating businesses) who are contributing to
the business advancement on a daily basis as well.
The amount "saved" in the short-term by cutting out a franchise or license
fee is quickly overwhelmed by the cost of a never-ending start-up time,
expensive trial and error failures and weak (or no) revenues that result.
Spending time and money reinventing something won't make you successful.
Understanding Your Investment
It's also important to understand that the purchase of a business is an
investment decision. The value of this purchase isn't the vehicles, computers,
machinery, software or other tangible items used in the business. Like any
investment, the real value is determined by the return you obtain from it over
time. The return from a business such as the Visionair Builder consists of two
primary components:
- The cumulative income generated over the lifespan of your business
- The personal satisfaction and improved quality of life
obtained from doing something that you enjoy
The license fee is minor compared to the long-term financial potential for a
successful business owner. This aspect makes for a good investment in itself. However,
the improved quality of life can be priceless, more important than the
financial considerations for many people.
Resources Provided
In order to help you obtain the maximum return from your investment,
IdeaVision guides you through all start-up and operational aspects of the
business. Many resources are provided to convey the knowledge base that has been
developed by IdeaVision and its team of business owners, along with the tools
necessary to operate your business effectively:
|
Resource |
Description / Benefit |
| Proven Business Model |
Developed from years of market research, testing
and actual business operation. The model fully defines the top-level business
strategy, services, competition, pricing, marketing, sales, technology,
financial control, growth and all other key business aspects. There's no quicker or more cost effective
approach to starting a professional, high-tech business. |
| Market Evaluation Guide |
To help you thoroughly research the target market for your specific location, identify
customers, quantify market potential and develop strategies for quickly building
your customer base. |
| Professional Imaging Tools |
Custom visualization software and building / landscaping libraries,
developed exclusively for the Visionair Builder business, to maximize the
capability and profitability of your business. |
| Business Plan |
Detailed
operational plan (150+ pages) to walk you
step-by-step through all aspects of starting, marketing and running your
business. |
| Personalized Training |
Two days of one-on-one instruction at IdeaVision or your location covering all aspects of
the business to get your venture off to a quick and successful start-up.
Training is personalized to focus on areas where you need the most assistance. |
| Team Services |
Full access to our team web site where business owners share information
with each other. The site features an extensive library of marketing documents
(brochures, letters, advertisements, special promotions, etc.). Links to business reference
materials), a tips section with lessons learned by the owners, an
imaging system upgrade center, and business announcements are also included.
The marketing
library alone pays back your license fee because you have instant access
to professional marketing materials that are key to winning new business. |
| Business Development |
Continuous advancement of business capabilities, implemented through
frequent enhancements of imaging software, advertising materials and other
business tools. |
| Long-Term Consulting Support |
Prompt assistance for all your business and technical questions, or
sometimes just a lending ear to bounce ideas off of. There is no time
limit for support in order to assure that you can
always obtain help and guidance when needed. |
| Protected Territory |
A defined geographic area where no other Visionair Builder based business
will be located. There is no need to worry about direct competition. |
| Network of Business Owners |
Coordinated by IdeaVision, the network is a valuable source of experiences,
ideas, shared project work, and even new friends with a common interest.
Starting a business doesn't mean you have to go at it alone. |
| Business Knowledge Base |
Avoid expensive mistakes and learning the hard way by leveraging
off proven experience on how to run your business and address critical
business situations in the proper manner. |
Hardware is not included because the imaging system runs on standard
Microsoft Windows based computers to help you make the best use of your existing
equipment and minimize the need to invest in new equipment. Click on Imaging
System when you return to the Information Selector to learn more about
the system and hardware requirements.
Value of Your License
IdeaVision provides all the key resources that are essential for
successful business operation, which you wouldn't otherwise have access to. The
Visionair Builder license is also offered for a lower
investment than other professional, high-tech opportunities require. It's an
even better value when you consider the following:
- No royalty fees to rob you of your hard earned profits
- Professional rate of return on your time
- Turnkey operation minimizes start-up time and costs
- Low operating expenses lets you keep more earnings:
- Largest "cost" is your time
- No expensive office space - you work at home
- Referral based marketing cuts advertising cost
- No employees to manage unless you want to expand
- Minimal equipment requirements and no inventory
- Simplified administration that you can do yourself
- Large library of marketing resources at your disposal
- Ongoing development continually enhances investment
- Business consulting assistance included
...and if financing the business, one average project (less than a
day's work) often covers your monthly payment.
What's more, our
Business Evaluation Program lets you be the judge for
yourself by experiencing the business before making an investment decision.
You'll find that evaluating and buying the business is an enjoyable process
without any sales pressure. If you decide that the business is right for you,
then we'll warmly welcome you to our team of business owners participating in
this exciting and rewarding opportunity.
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