Rank no.413 – The Entrepreneur’s Source – US
Products & Services: Franchise & business coaching & development services
Number of Locations: 185
Total Investment: $67.19K – 77.05K
Began Franchising: 1997
About The Entrepreneur’s Source
The Entrepreneur’s Source was founded by Terry Powell in 1984 and began franchising in 1997. The company’s coaches offer education, coaching and resources for individuals interesting in business ownership. They also work with existing franchisees to help them grow their business. The Entrepreneur’s Source is part of Franchise Source Brands International, which also franchises AdviCoach, Business partner Marketing Coach, Expense Reduction Coaching, Decor&You and DigiKids.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $45,000
Ongoing Royalty Fee: 5-15%
Term of Franchise Agreement: 10 years, renewable
Net Worth: $199,000
Liquid Cash Available: $67,200
Franchise can be run from home. 15% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1. Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators).
|FINANCING TYPE||IN-HOUSE||THIRD PARTY|