The Entrepreneur’s Source is a franchise opportunity that provides business coaching services. Founded in 1984 by Terry Powell, and franchising since 1997, franchisees are trained to be business coaches who help small business owners and entrepreneurs create ways to increase revenue and profits. The training involves helping the client overcome the challenges in five core areas of business ownership, which are:
-Business Planning
-Sales and Marketing
-Financial Management
-Human Capital Support
-Leadership and Communications
The Entrepreneur’s Source is the North America’s largest business coaching organization, and comes with a fairly hefty financial commitment to boot. Prospective franchisees must make a minimum investment of $45,000 for the franchise fee alone, have cash liquidity of at least 85k, with some literature stating the need for a total net worth anywhere from 150k-250k. Then there is the 5-25% royalty fee attached to a ten-year commitment. As far as home-based business franchises are concerned, this is considered to be in the medium to large size. Oh, and by-the-way, there is no in-house financing. If the prospective business consultant does need financial assistance, it must come from a third party.
If, and when, one decides to make this financial commitment, they will spend 8 days at corporate headquarters to be trained as a business consultant. They will learn how to match clients to franchise opportunities by conducting interviews, filling out profiles and assessing a client’s goals, needs and expectations. The Clients pay nothing for their consultation. The Entrepreneur’s Source earns its income from the franchisers it recommends: in essence, a referral fee.
While The Entrepreneur’s Source is touted as a home-based business opportunity, this author suggests you first, invest a little time and money into yourself to learn the ways of effective marketing online. Let’s face it, this is a NEW age of home-based business entrepreneurship. There IS a new model for success in Business ownership that has emerged, creating massive success for individuals every day. Learn more about the power behind this business model by visiting http://www.Intermax2010.com
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