The Entrepreneur’s Source ("TES") is a franchised business that provides coaching, placement and franchising servicesto individuals, businesses, franchise prospects and franchisors ("TES Business (es) ").
Company Background
Since 2001, The Entrepreneur's Source has helped entrepreneurs start their own businesses. We offer coaching and placement services that help people find the right franchise or business for them. Our goal is to provide a personalized experience for each individual who walks through our doors by listening to what they want out of life and helping them find the best fit with us or another company in our network. The company was founded by two entrepreneurial sisters, Lisa Morgan-Vacca and Cindy Vacca, who were frustrated when it came time to open their own businesses because there was no one place they could go for all of their needs in one location. And so they started TES Franchising LLC, which provides assistance to aspiring entrepreneurs looking for guidance on
Franchise Opportunity
Want to be an entrepreneur but not sure where to start? We are a team of experts who can help you get started. The Entrepreneur's Source is the premier business coaching franchise that provides expert advice and support for entrepreneurs looking to own their own business. Our team combines decades of experience in franchising, entrepreneurship, and small business consulting into one affordable package so you can succeed at starting your dream business. With us by your side, there's no limit on what you can accomplish!
Corporate Structure
TES Franchising, LLC is a Connecticut limited liability company organized on October 8, 1997. Their principal business address is 900 Main Street South, Suite 200, Building 2, Southbury, Connecticut 06488. They began offering TES Business franchises on September 23, 1997.
Royalties and Marketing Fees
Royalties : 25.0% of revenue
Royalties : $750 per month Not currently charged; up to 15% of your Gross revenues per month
Royalties : Not currently charged; Contributions up to 5% of Gross Revenues
Earnings Transparency
7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Distribution of The Entrepreneur's Source Franchisees
The Entrepreneur's Source Franchise System Development in 2022
FAQ
How much investment do I need to start my own The Entrepreneur's Source business?
Franchisees typically require at least $114 to $125 investment to get their The Entrepreneur's Source business started
What are the initial franchise fees for The Entrepreneur's Source?
Franchisees typically need to pay at least $100 in fees directly to The Entrepreneur's Source in order to earn the right to launch their business
How much money can I make with a The Entrepreneur's Source franchise? What are
the average revenues for a typical The Entrepreneur's Source business?
We estimate that the average revenue of an individual
The Entrepreneur's Source unit is approximately
$120,114. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a The Entrepreneur's Source unit? What
is my contractual commitment?
The Entrepreneur's Source franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
3 /10
The Franchisor's investment costs ranges from
$114,350 to $125,950
which is
Much Higher
than the $0 to $0 average in the Business-Related industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
Franchises in the Same Industry
Popular Franchises
Is this your Franchise?
Update your profile with photos, videos, useful information, and start connecting with prospective franchisees today