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

LAST UPDATED: 2/2024

FRANCHISE WEBSITE:  https://www.theentrepreneurssourcediscovery.com/ 

NUMBER OF LOCATIONS: 140+

REPORTED COST TO GET IN: $117,600 - $125,900

REPORTED ROI (Item 19): $111,000

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

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. 

How Many Locations Are There?

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

What Is the Business Model?

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.

How Much Can The Entrepreneur's Source Owners Make?

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). 

How Much Does It Cost to Open a The Entrepreneur's Source Franchise?

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

What Is the Franchise Fee for The Entrepreneur's Source?

The franchise fee for TES is $75,000. 

Who Are the Leaders of The Entrepreneur's Source?

• Terry Powell—Visionary Founder
• Torrie Lusby—TES Ownership Developer
• Karen Young—TES Ownership Developer
• Susan Stilwell—Business Development Strategist
• Betsy Kuhr—Franchise Specialist 

What Helpful Articles Can I Read to Learn More?

• Why Franchise with Us?
• Costs & Fees
• Start a The Entrepreneur's Source Franchise in 2023

Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our Power Rankings to read more on brands making moves. 

Check out these three 1851 brands:

Express Employment Professionals

• Franchise Development Page
• Number of Open Locations (as of 2/16/2024): 860+
• Investment Range: $144,000 to $220,000

P3 Cost Analysts

• Franchise Development Page
• Number of Open Locations (as of 2/16/2024): 38
• Investment Range: around $59,500

Barmetrix

• Franchise Development Page
• Number of Open Locations (as of 2/16/2024): 20
• Investment Range: $55,950 - $60,600

Every great franchisee had help buying a franchise. Want to learn more about how 1851 helps franchisees find the right franchise opportunity? Visit www.1851growthclub.com and start your journey.

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