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Below is an in-depth analysis and side-by-side comparison of Entrepreneur's Source vs Pro Energy Consultants 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 | $45,000 - And Up |
Franchise Fee | $55,000 | $29,900 |
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 |
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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 | Step 1 - several distance learning curricula Step 2 - 4 days and nights of hands-on, onsite start-up training in Cleveland. Step 3 - 8 modules of follow-up reinforcement training |
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 | We'll teach you exactly how to approach potential referral sources, show you what they look for in an energy auditor, and give you the tools to not only effectively create these critical relationships but to maintain them long-term as well. You will learn the skills you'll need to measure and manage your marketing efforts from a financial standpoint. And you'll gain professional insight into choosing market specific advertising venues that may be unique to your territory. |
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 | Yes |
Canada Expansion | Yes | - |
International Expansion | Yes | - |
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.