The Entrepreneur's Source
Franchise advisory, coaching & development servicesBackground
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.
Franchisor is a privately-held company with 12 employee(s)
Franchise Growth
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, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide
Exclusive territories available.
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, Connecticut 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 | 280 | 7 | 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, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide
Exclusive territories available.
Costs and Fees
|
Total investment: $68.9K-78.1K Franchise fee: $40K |
Ongoing royalty fee: 10-20% 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 and Support
Training
Ongoing Support
Marketing Support
- Available at headquarters: 8 days
- Ongoing training
Ongoing Support
- Newsletter
- Meetings
- Internet
Marketing Support
- Ad slicks
- National media
- Regional advertising
Rankings
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);
#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);