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Updated RecentlyEntrepreneur's Source vs FranNet Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Entrepreneur's Source vs FranNet 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 | $49,175 - $87,325 |
| Franchise Fee | $55,000 | $15,000 - $35,000 |
| Royalty Fee | 25% | 10% - 30% |
| Advertising Fee | $750/mo. | 1.5K/Qtr |
| Year Founded | 1984 | 1987 |
| Year Franchised | 1997 | 2006 |
| 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 | -/Yes |
| Start-up Costs | No/Yes | -/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 | On-The-Job Training: 5 days Classroom Training: 5 days |
| Support | Newsletter Meetings/Conventions Online Support Field Operations Franchisee Intranet Platform | Ongoing Support Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Co-op Advertising National Media |
| 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 | 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.
!["FranNet]("https://fddexchange.com/wp-content/uploads/2020/01/FranNet-300x75.png")