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Below is an in-depth analysis and side-by-side comparison of A.D. Banker & Company - Training Centers 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 | $26,900 - $79,100 | $92,450 - $100,750 |
Franchise Fee | $8,900 - $36,400 | $55,000 |
Royalty Fee | 12% | 25% |
Advertising Fee | - | $750/mo. |
Year Founded | 1979 | 1984 |
Year Franchised | 2005 | 1997 |
Term Of Agreement | 15 years | 10 years |
Term Of Agreement | 15 years | 10 years |
Renewal Fee | $5K | $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 | - | On-The-Job Training: 252 hours Classroom Training: 77 hours Additional Training: Ongoing virtual training, mentor |
Support | Newsletter, Meetings, Toll-free phone line, Internet | Newsletter Meetings/Conventions Online Support Field Operations Franchisee Intranet Platform |
Marketing | National media | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations |
Franchise can be run from home.
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Absentee ownership of franchise is NOT allowed. |
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 | No | Yes |
A.D. Banker & Company was founded in 1979. The company currently employs 35 associates and has contracts with over 400 professional independent instructors. Our annual enrollment in excess of 50,000 students in 80 cites across the country. We are excited to share our story of growth with you. Join a nationwide network that is filled with the most experienced, dynamic, and growth oriented trainers and educators in the exam preparation and continuing education industry.
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.