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Below is an in-depth analysis and side-by-side comparison of PMA 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 | $43,300 - $70,000 | $92,450 - $100,750 |
Franchise Fee | $30,000 | $55,000 |
Royalty Fee | 10-8% | 25% |
Advertising Fee | - | $750/mo. |
Year Founded | 1985 | 1984 |
Year Franchised | 1998 | 1997 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 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 | Yes/No | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/Yes | No/No |
Payroll | No/Yes | 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, 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 |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is 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 |
Since 1985, Personalized Management Associates (PMA) has been putting representatives in an assortment of positions in the retail, eatery and administration enterprises, including store/branch, midmanagement, specialized, corporate and official levels.
PMA is the only Franchisor in the USA of an Executive Search Chain specializing in the recession resistant niche markets of restaurant, hospitality and retail management. Featuring: Double Digit Operating Margins, Quick Cash Flow Ramp Up, Multiple Revenue Streams, Strong Training, Guidance and Support, Protected Territories, Quality of Life and the Lowest Initial Investment in the Staffing 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.