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Updated RecentlyInner Circle vs Entrepreneur's Source Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Inner Circle 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 | $21,150 - $34,400 | $92,450 - $100,750 |
| Franchise Fee | $14,900 | $55,000 |
| Royalty Fee | 15% | 25% |
| Advertising Fee | - | $750/mo. |
| Year Founded | 1985 | 1984 |
| Year Franchised | 1997 | 1997 |
| Term Of Agreement | 20 years | 10 years |
| Term Of Agreement | 20 years | 10 years |
| Renewal Fee | Then current 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 | 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 | Annual symposium & monthly conference calls | On-The-Job Training: 252 hours Classroom Training: 77 hours Additional Training: Ongoing virtual training, mentor |
| Support | Newsletter, Meetings, 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.
Number of employees needed to run franchised unit: 1 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 |
Company Overviews
About Inner Circle
Inner Circle is a peer advisory group exclusively for CEO's and business owners of small to medium sized companies. Each peer group serves as an advisory board/advisory council that acts as an interactive think tank, a place where entrepreneurs come to challenge one another and be challenged. By tapping into the wisdom and objectivity of the Circle's business advisory board, members find they are able to overcome obstacles faster and with greater confidence due to the business coaching and small business advice they receive from their own personal peer advisory board.
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.