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Updated RecentlyEntrepreneur's Source vs BEI Group Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Entrepreneur's Source vs BEI Group including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $92,450 - $100,750 | $77,000 |
| Franchise Fee | $55,000 | N/A |
| Royalty Fee | 25% | - |
| Advertising Fee | $750/mo. | - |
| Year Founded | 1984 | 1995 |
| Year Franchised | 1997 | 2002 |
| 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 | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | 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/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 allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | Yes | - |
| International Expansion | Yes | - |
Company Overviews
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.
Veteran Incentives 15% off franchise fee
About BEI Group
A privately owned, European-based, people skills training organisation helping small- and medium-sized business owners to develop and execute strategic growth and business plans through a system of international, national and local franchised training centres and training specialists. The company specialises in the training of people skills. The training programmes use extensive practise and workshop sessions to focus on the skills and techniques that are necessary to cope with the challenges of business and personal life. We offer two levels of opportunity: National Training Director (NTD) Master Franchise The National Training Director (NTD) is the Master Franchisor of a country or region. The selection, training and support of new Regional Training Centre Franchisees are the key roles of the National Training Director. Another major task is the selling of the BEI training programmes to national and larger regional companies. The ability to sell franchises and lead business owners and entrepreneurs is the key to success in this national position. Regional Training Centre (RTC) Franchise The Owner/Manager of a Regional Training Centre (RTC) represents BEI in his or her regional market. The main task of a Regional Training Centre Manager is the recruiting, training and support of the Marketer/Trainer teams. Each team consists of trainers with various areas of business expertise. This is of prime importance to the growth of the business and the ability to find and serve customers. The second issue of ongoing importance is selling, organising and conducting training.