Entrepreneur's Source, The

Founded: 1984 Franchising since: 1997
The Entrepreneur's Source, a franchise-consulting firm, was founded by Terry Powell in 1984. The company matches clients to franchise opportunities by conducting interviews, filling out profiles and assessing a client's goals, needs and expectations. The Entrepreneur's Source also educates clients on the basics of franchising and other business options.

Clients pay nothing for their consultation; instead, The Entrepreneur's Source earns its income from the franchisors it recommends

900 Main St. S., Bldg. 2 Southbury, CT 06488

Phone: (800)289-0086

Franchisor is a privately-held company with 12 employee(s)

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	273	8	1	0
2008	291	9	1	0
2007	284	7	1	0
2006	276	3	1	0
2005	269	3	1	0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Total investment: $68.9K-78.1K Franchise fee: $40K

Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $150K-250K
Cash liquidity requirement: $80K

Operations

• Franchise can be run from home
• 1% of all franchisees own more than one unit
• Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training

• Available at headquarters: 8 days
• Ongoing training

Ongoing Support

• Newsletter
• Meetings
• Internet

Marketing Support

• Ad slicks
• National media
• Regional advertising

Franchise 500® rank:
#226 (2009); #266 (2008); #486 (2007); #313 (2006); #117 (2005);

Top Home Based Franchises:
#55 (2009); #70 (2008); #83 (2006); #26 (2005);

America's Top Global Franchises:
#173 (2009); #163 (2008); #86 (2005);