The Entrepreneur's Source

The Entrepreneur's Source (TES), became one of the
first virtual coaching franchises when founder Terry Powell established it to fulfill a need in the market, and since then, it has helped tens of thousands of individuals achieve their dreams of self-sufficiency. TES has assisted people who want to take back ownership of their careers, but aren't sure where to start. The company's Career Ownership Coaches provide education, awareness, and discovery to their clients, helping them see how a franchise can be the vehicle that helps them achieve their personal income, lifestyle, wealth, and equity goals.

TES Career Ownership Coaches focus on their clients' "why," guiding them through a discovery experience to help them see how taking ownership of their careers is possible in ways they may not have considered before. Career Ownership Coaches come from a variety of backgrounds and industries, but all of them have a strong desire
to help others.

The Entrepreneur’s Source currently has more than 200 franchise units across the United States and Canada.

Why You May Want To Start a The Entrepreneur's Source Franchise

Franchisees should have a common goal: to help entrepreneurs. Because of this, The Entrepreneur’s Source doesn't usually require related experience. Applicants will typically undergo a training program, but it may benefit a franchisee to enjoy empowering others through business mentorship and ownership. 

The Entrepreneur's Source has been ranked in Entrepreneur's Franchise 500. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. 

Opening a The Entrepreneur’s Source franchise could offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry.

What Might Make a The Entrepreneur's Source Franchise a Good Choice?

A typical day at a The Entrepreneur’s Source franchise consists of meeting clients virtually, participating in training and education programs, and receiving referrals from different clients. You usually do not need employees to do this. However, you have the option to hire.

To be part of The Entrepreneur's Source team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees may also need to meet the company's set net worth requirements.

How To Open a The Entrepreneur's Source Franchise

Franchisees may receive a great deal of support from The Entrepreneur’s Source throughout the franchising process if awarded a franchise. In addition to pre-opening training, The Entrepreneur's Source franchisees may receive support through brand awareness, marketing, research, and business development. Potential franchisees may also receive hands-on training and continued support after opening their franchise location.

Before making any financial commitment or signing an agreement with The Entrepreneur's Source, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask questions about The Entrepreneur's Source franchising team. 

Research the brand and your local area to see if The Entrepreneur's Source franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.