2022 Franchise 500 Rank
#316 Not ranked last year
See the Full List
Initial investment
$118K - $126K
Units as of 2021
131 21.3% over 3 years

Company Overview

About The Entrepreneur's Source

Founded
1984
Parent Company
Franchise Source Brands Int'l.
Leadership
Marissa Frois, Strategic Integrator
Sponsored Content

More from The Entrepreneur's Source

About The Entrepreneur's Source®

The Entrepreneur’s Source® (TES) is a pioneer in the coaching space and continues to dominate the $11 billion business coaching franchise market in North America. TES became the first virtual coaching franchise when Visionary & Founder Terry Powell established it in 1984 to fulfill a need in the market, and for close to 40 years, it has helped tens of thousands of individuals achieve their dreams of self-sufficiency.

The Entrepreneur's Source® is a network of Career Ownership Coaches™ who are dedicated to helping others achieve business ownership by providing franchising education in a safe space to discover hundreds of leading business possibilities. Career Ownership Coaches™ come from a variety of backgrounds and industries, but all of them have a strong desire to help others.

The demand for Career Ownership Coaching™ is rapidly increasing across North America. Today, 40% of the nation’s workforce is leaving the traditional job market and taking control of their own destiny through business ownership. Even in a strong job market, mid- to high-range paying jobs are not outpacing the cost of living and don’t provide long-term stability.

Entrepreneurs today have overwhelmingly chosen to pursue an alternative career path over traditional employment. As a result, 97% of self-sufficient entrepreneurs say they would never go back to traditional employment. Past experience is not a reflection of what can be achieved. We believe a person’s past skill set and experience level shouldn’t limit their access to the future they deserve.

Our model is about empowering our clients; helping them see past false beliefs; keeping their minds open; evaluating their goals, needs and expectations; and identifying possibilities that will help them achieve their dreams.

Here’s How We Deliver:

  • We provide strategic, personalized coaching. For close to 40 years, our approach to alternative career coaching has focused almost exclusively on the franchise sector.
  • We offer a “safe space” for clients to explore business ownership as either a career option or an investment strategy.
  • Zero risk. Our coaches earn referral fees from businesses so they can provide their clients with the valuable guidance they need to find financial freedom without charging a cent.
  • Win-win. Franchising opportunities provide a proven track record, a network of support, and a clearly defined business model clients need to improve their lives, and TES helps our clients discover ideal franchise possibilities that match their income, lifestyle, wealth, and equity goals.

Excellent Training and Support

The Entrepreneur’s Source was named a 2022 Top Franchise by Franchise Business Review. Training and support programs were highly rated, with 88% of franchisees rating it above average.

TES provides new franchisees a 90-day training program and the comprehensive program ensures franchisees are comfortable and confident with the TES approach to Career Ownership Coaching™, management and administration.

  • Peer Performance Groups - TES will connect you to a group of like-minded franchisees to brainstorm, share stories, tackle challenges, and find success together.
  • Live, Ongoing Virtual Education - A regularly scheduled call with an expert helps keep you and your business on track to achieve the self-sufficiency you've been dreaming of. Get on-demand education to enhance your and your business' performance from the start and throughout your ownership journey.
  • Weekly Franchisor Spotlight Calls - With franchisors across every industry sector, you'll have plenty of possibilities to present to your clients.
  • Annual Conference - The conference gives the TES coaching network a chance to touch base on the latest and greatest in Career Ownership Coaching™.

Why The Entrepreneur’s Source®?

  • Excellent earnings potential
  • Meaningful and satisfying career work
  • Work from anywhere
  • No employees or inventory
  • Flexible hours
  • Low overhead
  • Extensive ongoing support and training
  • Proven client acquisition programs and tools
  • Multi-unit opportunities available
  • Business coaching is an $11 billion industry and in high demand
  • Marketing and business development tools – sophisticated outreach to drive business and potential new clients
  • Exclusive digital tools help you tackle your day-to-day, including client relationship management, ongoing online training programs, and a thorough catalogue of business opportunities for your clients.
  • Ranked #1 in Business Coaching and Consulting by Entrepreneur Magazine in 2022

Be in Business for Yourself, Not by Yourself

First-hand feedback from our franchise owners throughout the country has revealed that being a Career Ownership Coach™ with TES was one of their most rewarding business decisions. Owning a franchise with an industry-leading brand like TES offers aspiring entrepreneurs the opportunity to chase their dreams of small-business ownership and coaching with the trusted support of an experienced national brand behind them every step of the way.

Again, what an excellent time to begin exploring a virtual business opportunity with excellent income potential!

Contact us today by completing the request form.

Franchising Overview

Franchising Since
1997 (25 years)
# of employees at HQ
31
Where seeking

This company is seeking new franchisees in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming

This company is seeking new franchisees in the following international regions: Canada

# of Units
131 (as of 2021)

Franchisor Information

Corporate Address
464 Heritage Rd., #3
Southbury, CT 06488

Information for Franchisees

Here’s what you need to know if you’re interested in opening a The Entrepreneur's Source franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$75,000
Initial Investment
$117,600 - $125,900
Net Worth Requirement
$199,000
Cash Requirement
$100,000
Veteran Incentives
15% off franchise fee
Royalty Fee
25%
Ad Royalty Fee
$750/mo.
Term of Agreement
10 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
The Entrepreneur's Source has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
174 hours
Classroom Training
80 hours
Additional Training
Ongoing
Ongoing Support
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
Marketing Planning & Support
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
1
Are exclusive territories available?
No

Franchise 500 Ranking History

Compare where The Entrepreneur's Source landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021