Venture X Names Paula Mercer Vice President of Operations

WEST PALM BEACH, Fla. (October 24, 2019) – Venture X – a global, shared workspace franchise backed by United Franchise Group (UFG) – announced Thursday UFG veteran Paula Mercer has been appointed to vice president of operations for the brand. Mercer is coming off a five-year stint as UFG's vice president of shared services.

In her new role, Mercer's focus will shift solely toward the Venture X brand, where she will oversee all aspects related to operations and new building openings for current and future franchise owners. Additionally, she is charged with evaluating and implementing innovative brand initiatives that reinforce the operational processes, structure and success at Venture X.

"Having [Paula] on our team in this capacity is a game changer for us," said Venture X President Jason Anderson. "Not only is she an incredibly-talented and knowledgeable operations professional, but she has also been deeply entrenched in and passionate about our brand. In growing with Venture X from the beginning, she's played an integral part in the development of the franchise both domestically and internationally. As we continue to experience this rapid expansion across the globe, Mercer and her efforts will be crucial keys to our future success."

As Anderson referenced, Mercer has been closely involved with Venture X as UFG's vice president of shared services. In that role, the 12-year UFG veteran managed the operational support mechanisms for all of the organization's brands. This responsibility encompassed both the business-launch side – recruiting and leading a team that assisted franchisees from the time they signed their agreements to opening – and from an internal support perspective – working with each brand's teams to help increase operational structure and efficiency.

Mercer anticipates her tenure and experience working with UFG's diverse portfolio of franchise brands, along with her enthusiasm for Venture X, will set her up for even greater success in her newest position.

"I see it as an advantage for us to take the information I've learned across our entire system and apply the best, most-proven operations and processes to strengthen what we do with Venture X," Mercer said. "Our franchise opportunity is a unique one, especially considering the current market and what we offer. Coworking is growing and developing at a fast rate, and what we bring is a fresh perspective for professionals and growing businesses."

Mercer added, "It's exciting to see how we've grown so far, and I'm looking forward to helping create an even greater footprint for this brand in this industry – whether it be in the United States or around the globe."

About Venture X

Venture X is a membership-based, shared workspace and community that is a blend of boutique hotel and modern office styles with a high level of design that feels professional and welcoming. It is designing beautiful spaces and developing an environment and community that people love coming to work to every day. Venture X is a member of United Franchise Group, a group of affiliated companies and brands, and has been recognized by Inc. as one of the best coworking spaces in the United States. The brand anticipates being the third largest coworking space in the word by the end of 2022.

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