Tes/bai Awards Another Co-branded Regional Development Franchise, New York State Region

Friday, July 20, 2007

Further reinforcing its mission of being a one stop, one source resource, The Entrepreneur's Source (TES) and Business Advisers International (BAI) have awarded another co-branded Regional Development franchise, this one in the New York State region.

As market leaders in the advisory, coaching and consulting industry, this unique partnership offers a complementary blend of career coaching services from TES and business-to-business (B2B) coaching and consulting services from BAI. "A TES/BAI co-branded office offers a full array of services from selection of concept to ensuring that a business owner gets up and running focusing on the right business challenges, " say Terry Powell, CEO and Founder of TES and BAI. According to a Business Industry Consulting report dated November 2006, TES/BAI dominates the market with a 33% share of the coaching and consulting industry market. "Both aspiring entrepreneurs and current business owners can now capitalize on the bundling of business expertise offered through TES career coaches and BAI AdviCoaches," says Terry Powell. "Clients are gaining tremendous insight from the 23 years of experience TES and BAI Coaches bring to the partnership" he added.

"We see a market for this partnership of coaching and B2B solutions and we're excited about another bringing another to the North American business community, says Susan Stilwell, Vice President of Business Development. "There are many dangers threatening small and midsize companies. BAI has done extensive 3rd party market research on why small businesses fail or fall short of their goals. Our unique AdviCoach� Advantage helps business owners see beyond their blind spots, and provide solutions that helps manage these threats and turn them into profits," she added.

U.S. Bureau of Labor Statistics 2005 research shows that, across all sectors, 45% percent of new independent business failures happen within 2 years of opening. Business coaching is a new emerging paradigm that combines the expertise of consultants with the efficiency of a team providing solutions. According to a Right Management Consultants survey, about 47% of organizations surveyed see coaching as essential to their decision-making. About The Entrepreneur's Source The Entrepreneur's Source (TES) is North America's leading career and business coaching company with more than 250 offices in the United States and Canada. TES offers a full range of services to individuals seeking alternate career options and to small-to-medium size companies looking to increase performance. The goal of The Entrepreneur's Source is to partner with both individuals and companies to achieve their desired outcome. TES was recently ranked in the Franchise 500 by Entrepreneur Magazine. About Business Advisors International Business Advisers International (BAI) is the premiere source for business coaching and advisory services customized for small to midsize businesses. With its unique "AdviCoach�" advantage, BAI provides relationship-based coaching backed by a team of professionals who can provide Rapid Impact Solutions to its clients. BAI was recently ranked in the Top 100 new franchises by Franchise Market Magazine and in the Franchise 500 by Entrepreneur Magazine.

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