Entrepreneur's Source vs Schooley Mitchell Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Entrepreneur's Source vs Schooley Mitchell including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	Entrepreneur's Source Franchise	Schooley Mitchell Franchise
Investment	$92,450 - $100,750	$66,500 - And Up
Franchise Fee	$55,000	$68,000
Royalty Fee	25%	8%
Advertising Fee	$750/mo.	2%
Year Founded	1984	2004
Year Franchised	1997	2004
Term Of Agreement	10 years	-
Term Of Agreement	10 years	-
Renewal Fee	$5K	-
Business Experience Requirements
	Entrepreneur's Source Franchise	Schooley Mitchell Franchise
Experience	-	-
Financing Options
	Entrepreneur's Source Franchise	Schooley Mitchell Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	No/Yes	-/-
Start-up Costs	No/Yes	-/-
Equipment	No/No	-/-
Inventory	No/No	-/-
Receivables	No/No	-/-
Payroll	No/No	-/-
Training & Support
	Entrepreneur's Source Franchise	Schooley Mitchell Franchise
Training	On-The-Job Training: 252 hours Classroom Training: 77 hours Additional Training: Ongoing virtual training, mentor	The training provided comes in various formats. First of all, there is a 5-day initial training course held at Schooley Mitchell Corporate Office - this training can also be done remotely as well. All new Franchisees are required to take the initial training course before they begin work in a Schooley Mitchell Franchise.This training covers the operations, marketing, sales, business building and relationship building processes that are effective for Schooley Mitchell Franchisees. The course includes basic technical training and more importantly, instruction on the use of our reference manuals. It includes instruction on how to use the continuous training facilities through The Warehouse, our Intranet environment as well as two days of training using the actual software tools including live client cases. Each new Franchisee also receives an intensive first year of Business Development Mentoring and Coaching Program. This one-on-one training is comprised of tips, tools and information about Sales, Marketing, Cost Savings Analysis, Operations and The Warehouse.
Support	Newsletter Meetings/Conventions Online Support Field Operations Franchisee Intranet Platform	-
Marketing	Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing	-
Operations	Franchise can be run from home. Absentee ownership allowed. (100% of current franchisees are owner/operators)	Average number of employees: Flexible, mainly owner-operator. Franchisee may maintain a sole practitioner status or build as large as desired. Full-time opportunity.
Expansion Plans
	Entrepreneur's Source Franchise	Schooley Mitchell Franchise
US Expansion	Yes	Yes
Canada Expansion	Yes	Yes
International Expansion	Yes	Yes

Company Overviews

About Entrepreneur's Source

The Entrepreneur's Source, a franchise-consulting firm, was founded by Terry Powell in 1984. The company matches clients to franchise opportunities by conducting interviews, filling out profiles and assessing a client's goals, needs and expectations. The Entrepreneur's Source also educates clients on the basics of franchising and other business options. Clients pay nothing for their consultation; instead, The Entrepreneur's Source earns its income from the franchisors it recommends.

Veteran Incentives  15% off franchise fee

About Schooley Mitchell

Schooley Mitchell is a cost reduction franchise specializing in reducing business’ expenses across several
key areas. Our service is risk-free and completely independent; the only profits we earn come from