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2022 Franchise 500 Rank
#316 Not ranked last year
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Initial investment
$118K - $126K
Units as of 2022
149 23.1% over 3 years

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

Established in 1984 by Terry Powell, The Entrepreneur's Source became one of the first virtual financial coaching companies. Powell originally founded The Entrepreneur’s Source to educate individuals and help them achieve their dream of independence in money-related issues. It now assists people who want to be self-sufficient in their careers, businesses, and future, but may not have the proper layout to start. 

The Entrepreneur's Source specializes in consulting, guidance, and other types of franchise coaching to help people discover how a franchise opportunity may make a difference in their income, lifestyle, and equity goals. The Entrepreneur’s Source currently has more than 100 franchising units in various states across the United States since opening its first franchise in 1997.

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 construction. 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.

Find Your Perfect Franchise

Company Overview

About The Entrepreneur's Source

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

Franchising Overview

Franchising Since
1997 (25 years)
# of employees at HQ
33
Where seeking

This company is seeking new franchisees throughout the US.

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

# of Units
149 (as of 2022)

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
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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, 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
207.5 hours
Classroom Training
80.5 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
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Interested in franchise ownership like The Entrepreneur's Source? Request a free consultation with a Franchise Advisor now.

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