Franchise Deep Dive: The Entrepreneur's Source’s Franchise Costs, Fees, Profit and Data

The Entrepreneur's Source (TES) is a franchise that aims to help individuals achieve their income, lifestyle, wealth and equity goals through career ownership.

Company Overview

With over 35 years of experience, the brand has helped hundreds of thousands of individuals with their professional goals. Led by visionary founder Terry Powell, TES says it captures over 33% of the billion dollar coaching/advisory market. The brand’s coaches provide education, tools and resources to individuals they service.

Since opening its first franchise in 1997, TES now has over 140 locations around the United States.

The Entrepreneur’s Source provides TES Career Ownership Coach with technology and marketing resources to build awareness among their customer base—both locally and nationally. This includes:

• Tools to educate clients on the possibilities available to them using one-of-a-kind virtual technology created by The Entrepreneur’s Source. This allows them to go through the education process in a safe space from any device of their choosing.

• Access to a stream of seekers primed, ready and eager to discuss their transition from employment to empowerment through an innovative online You 2.0 Career Transition Launchpad.

• Connections to seekers exploring business ownership through the exclusive online tool FranchiseMatch.

• Automated marketing touch points keep franchisees top-of-mind with clients while they research their options.

• Social media marketing

• A unique business coaching website so seekers can get to know owners before they reach out.

• Digital marketing tools that give instant feedback on seeker engagement and more.

Earnings and Costs

According to the brand’s FAQ, earnings will “always depend on your own hard work and dedication to making your business thrive.” However, across the entire TES franchise system, the average annual income exceeds $111,000 (as detailed in its FDD Item 19).

The total estimated cost to open a TES franchise is $117,600–$125,900. Costs include:

• Initial Franchise Fee: $75,000

• Training Fee: $25,000

• Executive Suite / Office—Six Months: $0–$1,000

• Travel and Living Expenses: $2,500–$3,500

• Insurance Premiums—Annual: $1,050–$1,500

• Equipment: $150–$2,500

• Initial Marketing: $1,000–$2,000

• MST Fees and Brand Building Investments: $5,400–$5,400

• Additional Funds—Six Months: $7,500–$10,000

• Total Estimated Initial Investment: $117,600–$125,900

The franchise fee for TES is $75,000.

• Terry Powell—Visionary Founder

• Torrie Lusby—TES Ownership Developer

• Karen Young—TES Ownership Developer

• Susan Stilwell—Business Development Strategist

• Betsy Kuhr—Franchise Specialist

• Why Franchise with Us?

• Costs & Fees

• Start a The Entrepreneur's Source Franchise in 2023

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