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Units as of 2021
N/A Yearly Data not available
2021 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$87K - $111K

Company Overview

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.

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About The Entrepreneur's Source

Founded
1984
Leadership
David Smith, CEO

Franchising Overview

Franchising Since
1997 (24 years)
# of employees at HQ
25
Where seeking
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Canada

Franchisor Information

Social
Twitter Facebook
Corporate Address
900 Main St. S., Bldg. 2
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
$55,000 - $55,000
Initial Investment
$86,750 - $110,500
Net Worth Requirement
$199,000
Cash Requirement
$75,000
Royalty Fee
25%
Ad Royalty Fee
$750/mo.
Term of Agreement
10 years
Is franchise term renewable?
Yes

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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

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
157 hours
Classroom Training
69 hours
Additional Training
Ongoing virtual training, mentor
Ongoing Support
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

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

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Franchise 500 Ranking History

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

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Updated: October 23rd, 2020
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