| ||||
Updated RecentlyEntrepreneur's Source vs Franchise Alliance, Inc. Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Entrepreneur's Source vs Franchise Alliance, Inc. including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $92,450 - $100,750 | $24,900 |
| Franchise Fee | $55,000 | N/A |
| Royalty Fee | 25% | - |
| Advertising Fee | $750/mo. | - |
| Year Founded | 1984 | - |
| Year Franchised | 1997 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $5K | - |
Business Experience Requirements |
||
| Experience | - | No Experience Necessary Many of our Consultants do not have prior experience in franchising. It is not required, because our comprehensive training and support program will provide you with the knowledge and the tools that will enable you to come up to speed quickly and to be very successful. What you do need to bring to this business is a strong desire to be your own boss, a strong desire to help others, a willingness to learn our system and excellent communication skills. We will take care of the rest, as we teach you the most effective process for helping people find the franchise that is the best match for their background and their goals, and then we provide you with continuous support as you run your consulting business. |
Financing Options |
||
| 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 |
||
| 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 |
||
| 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 Franchise Alliance, Inc.
A Rewarding and Lucrative Career Become a Franchise Consultant and enjoy the personal satisfaction and financial rewards that come from helping others achieve their goals. By utilizing the knowledge, the systems and the relationships that we've developed over 25 years, you can get started immediately. You will gain access to an elite database of franchises that would take newcomer years to develop. At only $17,900, the investment is far less than that required to become a successful consultant in any other field. Our one-time fee includes everything you need to begin your new business. If you are accepted as a Franchise Alliance Consultant, we will train, certify and support you for the life of your business. By working with us, your entrepreneurial dreams can become reality. A Huge and Growing Demand for Our Service Consider this. Over 43% of all retail sales in the United States last year went through franchised outlets, although only 12% of businesses nationally are franchised. This remarkable statistic, along with the success rate of over 94% for new franchised outlets has led to an explosion in franchise sales nationally. Franchise Alliance Consultants are providing a necessary service because prospective franchisees are confused by all the options for business ownership, and because franchisors are desperately seeking qualified applicants to fill the need for successful expansion. Today's prospect needn't be "sold" on buying a franchise, only assisted in finding the perfect franchise for them. We are training new consultants at this time because the demand for our service is currently greater than the existing consultants can handle.