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Updated RecentlyRenaissance Executive Forums vs Entrepreneur's Source Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Renaissance Executive Forums vs Entrepreneur's Source including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $55,400 - $73,300 | $92,450 - $100,750 |
| Franchise Fee | $39,500 | $55,000 |
| Royalty Fee | 20% | 25% |
| Advertising Fee | - | $750/mo. |
| Year Founded | 1994 | 1984 |
| Year Franchised | 1994 | 1997 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | $3K | $5K |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/Yes |
| Start-up Costs | No/No | No/Yes |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | Online training | On-The-Job Training: 252 hours Classroom Training: 77 hours Additional Training: Ongoing virtual training, mentor |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Online Support Field Operations Franchisee Intranet Platform |
| Marketing | Ad slicks, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations |
Franchise can be run from home. 14% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Franchise can be run from home.
Absentee ownership allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | Yes |
| International Expansion | Yes | Yes |
Company Overviews
About Renaissance Executive Forums
Renaissance EXECUTIVE FORUMS is an exclusive business concept for transitioning Top Executives, Former Sales Executives and Consultants. We will take you through a qualification process that will give you detailed answers to your questions as well as qualify you into our franchise system. What we offer our Franchisee: The work you do through Renaissance EXECUTIVE FORUMS makes a real difference in the lives of the members you touch. There is no more stimulating and challenging environment for personal and professional growth, both for our members and our franchisees. Through our process you will have the opportunity to facilitate top executives seeking to take their business to the next level. Renaissance EXECUTIVE FORUMS offers a proven business model with excellent sales and marketing tools, world-class training and support that is second to none. Our marketing and operational strategies are innovative and results-driven. We have developed proprietary programs such as the Performance Management Program and Strategies for Success, top rated tools for developing personal and professional goals. Our proven business model can be adapted to your own style and offers the ultimate in flexibility. You’ll have the freedom to work when you want along with the opportunity to earn a solid, stable income while building equity through exclusive, protected territories. Your success is our success and we take every opportunity to help you achieve your goals. This unique business opportunity allows you to help others without the intense travel and transient nature that traditional coaching and consulting generally entail. You will have the control over where you spend your time.
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.