The Entrepreneur’s Source®
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The job market has changed permanently. It will no longer provide the security and stability that it once did for millions of people. The days of people working their entire career with a single large company are over. For over 25 years, E-Source Coaches have provided coaching to those seeking to own a franchise and those seeking to improve their franchise investment. Our proven coaching model’ combined with our education tools help our clients discover their ideal business opportunities.
As an Entrepreneur’s Source Coach, your two-primary services and revenue streams are Placement Coaching and Franchise Business Coaching. By utilizing The Entrepreneur’s Source’s exclusive systems crafted over a 25-year period, along with tools and technologies which allow our Coaches to achieve peak productivity, you will be positioned to reach a vast number of people who want to change their current career situation.
As an Entrepreneur’s Source Coach, you will be uniquely qualified to help people understand what’s possible, what options they have, and allow them to tap into their life-style dreams. Armed with the tools of empowerment that you provide, your clients will find vehicles in franchising that they had not known existed to achieve the income, lifestyle, wealth, and equity they have always dreamed of: employment to empowerment.
| |
Operating Units |
12/31/2008 |
12/31/2009 |
12/31/2010 |
|---|
| | Franchised |
291 |
281 |
267 |
| | % Change | -- |
-3.4% |
-5.0% |
| | Company-Owned | 0 | 0 | 0 |
| | % Change | -- |
-- |
-- |
| | Total |
291 |
281 |
267 |
| | % Change | -- |
-3.4% |
-5.0% |
| | Franchised as % of Total |
100.0% |
100.0% |
100.0% |
Investment Required
The fee for a The Entrepreneur’s Source® franchise is $45,000. The Entrepreneur’s Source® also has an Area Development program that a franchisee can participate in.
The Entrepreneur’s Source® provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| |
Item | Established Low Range | Established High Range |
| |
Initial Franchise Fee | $45,000 |
$45,000 |
| |
Tuition (per person) |
$10,000 |
$10,000 |
| |
Real Estate and Improvements (6 Months) |
$4,000 |
$5,000 |
| |
Expenses While Training (per person) |
$1,500 |
$2,500 |
| |
Equipment |
$150 |
$3,000 |
| |
Marketing Aids |
$1,000 |
$2,000 |
| |
Vehicle Lease or Usage (6 Months) |
$1,200 |
$2,400 |
| |
Call Center |
$2,000 |
$2,000 |
| |
Technology Fee (6 Months) |
$510 |
$510 |
| |
Additional Funds (6 Months) |
$8,000 |
$9,800 |
| |
Total Initial Investment |
$73,360 |
$82,210 |
Ongoing Expenses
The Entrepreneur’s Source franchisees pay a monthly royalty fee ranging from 5% to 15% of gross revenues depending on amount of annual gross revenue, and a monthly system-wide brand building fund contribution of $750. Other fees include an annual E-Myth co-branded access fee of $350, an $85 per month Technology Fee, and a mandatory annual conference attendance fee of $450 plus expenses.
What You Get—Training and Support
At The Entrepreneur’s Source®, training is not a single event, but a dynamic, ongoing educational process. Our Continuing Professional Education includes: a Business Launch Curriculum that starts within 48 hours of joining our team. We leverage technology to bring continuing education and resources to our team 24/7. You’ll be guided by a mentor through our virtual curriculum which prepares you for an on-site event at our Performance Enhancement Center.
Territory
The Entrepreneur’s Source® grants a saturation maximum—TES will not place more than one single unit per 1,000 pay rolled businesses in a given state or group of states. The rights granted within the territory are non-exclusive.
Note: The tables and information regarding the number of operating units, investment required, on-going expenses, training and territory grants were taken from the company’s 2010 FDD. The 2011 write-ups will be incorporated into the 2012 Edition of Bond’s Top 100 Franchises publication.
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