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Below is an in-depth analysis and side-by-side comparison of PRO - President's Resource Organization 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 | $18,900 - $63,000 | $92,450 - $100,750 |
Franchise Fee | $8,500 - $35,000 | $55,000 |
Royalty Fee | 20% | 25% |
Advertising Fee | - | $750/mo. |
Year Founded | 1993 | 1984 |
Year Franchised | 1999 | 1997 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | $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 | Yes/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 | - | On-The-Job Training: 252 hours Classroom Training: 77 hours Additional Training: Ongoing virtual training, mentor |
Support | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | 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 of franchise is 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 |
Canada Expansion | No | Yes |
International Expansion | Yes | Yes |
PRO peer advisory boards for businesses are groups of business owners and local entrepreneurs who meet monthly to pool their experiences and ideas; a CEO Advisory Board. For more than 17 years, small businesses have used PRO peer advisory boards. PRO accelerates your business growth by tapping into the collective wisdom of the group. Benefits of PRO peer advisory groups: You lose that feeling of being alone at the top. You learn that being in business for yourself doesn't mean being in business by yourself. You share your business problems and challenges in a confidential setting with others who have "been there, done that". ..... and much more!
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.