The Entrepreneur’s Source

The Entrepreneur's Source: A Franchise Opportunity For Helping Others Achieve Their Dreams

Founded in 1984 by Terry Powell, The Entrepreneur's Source is a pioneer in virtual financial coaching. Originally designed to help individuals achieve financial independence, The Entrepreneur's Source now assists people who want to be self-sufficient in their careers, businesses, and future. They specialize in helping individuals discover how a franchise opportunity can be the right path to achieving their income, lifestyle, and equity goals.

Why Choose The Entrepreneur's Source Franchise?

The Entrepreneur's Source has a strong mission: to help entrepreneurs succeed. That's why they don't require prior experience in the franchising industry. Applicants go through a training program, and the ideal franchisee enjoys empowering others through mentorship and business ownership.

The Entrepreneur's Source has been recognized as a top franchise opportunity, appearing in Entrepreneur's Franchise 500. This ranking is based on a thorough evaluation of various factors, including franchise fees, growth potential, support for franchisees, brand strength, and financial stability.

Choosing a franchise like The Entrepreneur's Source can offer a more predictable path to success compared to starting a brand new business. It provides a proven system and a strong support network, reducing some of the risks associated with starting from scratch.

What Does a Typical Day Look Like?

As a The Entrepreneur's Source franchisee, your days will be filled with virtual client meetings, participation in training and educational programs, and receiving referrals from clients. You typically won't need to hire employees, but you have the option to do so if you choose.

Financial Considerations

To join The Entrepreneur's Source team, you'll need to be prepared for an initial investment, which includes a franchise fee and other startup costs. You should also factor in ongoing fees such as advertising, royalty fees, and potential renewal fees. The company also has net worth requirements that you'll need to meet.

Support and Resources

The Entrepreneur's Source provides extensive support throughout the franchising process, including pre-opening training, brand awareness assistance, marketing support, research resources, and construction guidance. You'll also receive hands-on training and ongoing support after you open your franchise.

Due Diligence is Key

Before making any financial commitments or signing an agreement, it's crucial to conduct thorough due diligence. This includes speaking with existing franchisees to gather insights into the company and their experiences. It's also important to research the brand and your local market to ensure that a The Entrepreneur's Source franchise would be a good fit for your community. While competition is healthy, too much competition in a specific area might limit growth potential.