The Entrepreneur Source Review

The Entrepreneur’s Source is a franchise opportunity that offers business counseling services. Founded in 1984 by Terry Powell and franchised since 1997, franchisees are trained to be business coaches helping small business owners and entrepreneurs create ways to increase revenue and profit. The training consists of helping the client overcome challenges in five core areas of business ownership, which are:

-Business planning

-Sales and Marketing

-Financial management

-Support to Human Capital

-Leadership and Communications

The Entrepreneur’s Source is the largest business coaching organization in North America and it comes with a pretty hefty financial commitment. Prospective franchisees must make a minimum investment of $45,000 just for the franchise fee, have cash liquidity of at least 85k, with some literature indicating a need for a total net worth between 150k and 250k. Then there’s the 5-25% royalty fee attached to a ten-year commitment. As far as home-based business franchises are concerned, they are considered to be medium to large in size. Oh, and by the way, there is no internal funding. If the potential business consultant needs 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 for training as a business consultant. They will learn to match customers with franchise opportunities by conducting interviews, completing profiles, and assessing a customer’s goals, needs, and expectations. Clients pay nothing for their consultation. Entrepreneur’s Source earns its income from the franchisors it recommends – essentially a referral fee.

Although The Entrepreneur’s Source promotes itself as a home-based business opportunity, this author suggests that you first invest a little time and money in yourself to learn the ways of effective online marketing. Let’s face it, this is a NEW era of home-based business entrepreneurship. YES a new model for success in business ownership has emerged, creating massive success for people every day. Learn more about the power behind this business model by visiting http://www.Intermax2010.com

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