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The Entrepreneur’s Source Supports Transitioning Veterans

The Entrepreneur’s Source Supports Transitioning Veterans.

Franchise ownership requires a unique set of skills which those in the armed forces cultivate during their years of service. From executing on a plan and seeing a commitment through, to leadership experiences and an intense work ethic, retiring veterans are generally well-prepared to become business owners.

Take Patrick Walker as an example. After 27 years of military service, Patrick decided that he was more interested in building something of his own than settling into a position in corporate America. For more than a year prior to retirement, he worked with coach Steve Rosenkrantz to help him evaluate his interests and find a franchise that suited his lifestyle goals. Given that Patrick didn’t have a business background to leverage, he was able to ask Steve all of his questions, and they worked together to find an opportunity that fit all of his needs.

In April, Patrick launched his Expedia CruiseShipCenter franchise. The decision allowed him to move closer to his family, which was a key personal objective. Patrick now has a sense of pride as he drives to his business each day: he blends his love of the ocean from his Coast Guard days with his passion for planning as he helps families craft beautiful cruise vacations.

Said Patrick, “I think we as veterans are uniquely suited for franchising because we know how to follow a plan. As a retiring veteran, I felt I was too old to start a business from scratch when all I needed to do in a franchise was to read and implement the Operations and Procedures Manual—the success plan of a company that had proven a concept. It just made more sense to me to do that.” As North America’s leading alternative career coaching franchise,The Entrepreneur’s Source (TES) is fortunate to work with many veterans like Patrick as they transition from military to civilian life and start achieving their Income, Lifestyle, Wealth and Equity dreams.

For more information on The Entrepreneur’s Source and all of the tools the company provides to veterans, please visit  leading alternative career coaching franchise.

 

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The Entrepreneur’s Source Reviews Start A Business Weekend

Are you part of the 75 percent of Americans who have the dream to become self-sufficient in your career, but aren’t sure where to start? Why not start by attending Start a Business Weekend® (SABW) sponsored by The Entrepreneur’s Source®.

What is Start a Business Weekend?

SABW is an online, virtual business expo that can help you explore the career path of entrepreneurship – all from the comfort of your own home (and maybe even in your pajamas!) This virtual franchise fair offers current and prospective franchisees the chance to discover franchise opportunities and converse with alternative career coaches at The Entrepreneur’s Sourc®e about a potential career of business ownership.

“We’re bridging the power of information with the ease of gathering it by using innovative, virtual technology,” founder of The Entrepreneur’s Source® Terry Powell said. “Attendees have access to three days of industry experts’ informative sessions hosted in the virtual auditorium, without leaving their home or office. It’s complete convenience—Entrepreneur’s Source coaches are accessible all weekend long to guests. Plus, attendees gain all the benefits of a franchise expo without the travel expenses and time commitment.”

What Do I Get Out of Start a Business Weekend?

Start a Business Weekend® attendees will receive access to over 100 virtual online booths and hundreds of free videos as well as the following benefits:

  • Coaching conferences with skilled and accomplished alternative career coaches from The Entrepreneur’s Source who are devoted to The Discovery Process, which supports future entrepreneurs in discovering their Possibilities, Options and Dreams (POD) and their unique franchise fit.
  • Enlightening seminars from nationally-recognized speakers to motivate attendees. These speakers will provide educational information about the franchise industry and inspiring guidance about how to reach their desired lifestyle.
  • A virtual briefcase in which SABW attendees can add educational materials to throughout the expo. Attendees will also receive admission to meaningful, complimentary resources such as franchise opportunity information and exclusive business prospects.
  • The ability to network online with other professionals and attendees to start building your unique network of entrepreneurial-minded contacts.

Sign up for Start a Business Weekend Today!

Start a Business Weekend® will be held from Sept. 24 – Sept. 26 from 10:00 A.M. to 7:00 P.M. EDT. To register for the virtual franchise showcase, sponsored by The Entrepreneur’s Source, click here http://www.startabusinessweekend.com/.

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The Entrepreneur’s Source Reviews How to Transition to Entrepreneurship

Throughout your career path, have you ever dreamt of being self-sufficient? Have you ever thought, I am ready to do this on my own, I just don’t know how to get started?

Studies have shown 75 percent of the adult population has a strong or very strong desire to be self-sufficient—but only five percent are ready, willing and able to act on that desire. However, The Entrepreneur’s Source believes that, with proper coaching and guidance, the other 70 percent can also attain independence.

Like any major life change, transitioning your career path to entrepreneurship is a challenge. There are many questions to be answered, and you may find yourself wondering:

  • Where do you go for advice?
  • Should you open a startup business that’s independent?
  • Do you invest into a franchising business opportunity?
  • What’s the right business opportunity for you?

Today over 70% of full-time working Americans, according to Gallup, are actively disengaged – i.e. miserable – or just sleep walking through their careers and failing slowly. Check out our latest info graph and discover how to escape the shackles of the Battered Career Syndrome:

Getting Your Career Unstuck: Five simple actions that can change your career today and start you on the path to self-sufficiency.

At The Entrepreneur’s Source, business coaches work with aspiring entrepreneurs to answer the tough questions and help establish income, lifestyle, wealth and equity goals in order to find the best business opportunity fit.

The decision to take control of your professional career through entrepreneurship is only the first step. An E-Source Coach can help take you through the Discovery Process and identify the right business opportunity that meets your income, lifestyle, wealth and equity (ILWE) goals.

Aspiring entrepreneurs can take the first steps toward finding the right franchise opportunity at Start a Business Weekend, a digital franchise expo hosted by The Entrepreneur’s Source. For more information, visit: http://www.startabusinessweekend.com/sabw/

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The Entrepreneur’s Source on why Baby Boomers are Turning to Franchising

In the early 1990s, the average age for retirement was 57 – it has since been steadily increasing. Recent studies indicate that more than 80 percent of baby boomers in the United States and 50 percent in Canada are not confident they will possess adequate funds for a comfortable retirement and anticipate the need to work beyond today’s traditional retirement ages of 62 to 65.

For many Americans and Canadians, simply having a job has not provided the wealth and equity necessary to retire on time. In the United States, the 55- to 64-year-old age group has had the largest increase in entrepreneurial activity over the last decade, according to the Ewing Marion Kauffman Foundation, a nonprofit group that promotes entrepreneurship.

Older adults are beginning to realize that they cannot count on reactive investments, such as the stock market, and instead are choosing to explore franchising as a means to take control of their own destiny,. While the job market remains volatile, franchising provides an investment opportunity backed by the security of a credible, established business plan.

The five types of boomer-friendly franchise opportunities and the reasons they fit for older entrepreneurs:

  1. Home-based franchises require much less start-up capital than brick-and-mortar franchises and have more flexible hours.
  1. Business coaching franchises allow retirees to use their acquired business experience and they can often work from home.
  1. Tutoring/education franchises require a lower capital investment and are proven to be less stressful than a business opportunity like a restaurant concept.
  1. Senior-care franchises allow baby boomers to easily relate to the customer base. Additionally, there is high demand for senior-care services, which will only continue to grow.
  1. Staffing/recruiting franchises are a great option for retired executives who have grown accustom to the hiring process. Staffing services also have high customer demand that will grow as the economy improves.

If you can follow the system and you’re not a maverick, then franchising is a great opportunity for you. The franchise brings about 80 percent of the discipline to be successful; the other 20 percent is what the person brings to it to develop the business.”

Those boomers concerned with the startup costs associated with franchising may be surprised to learn there are several options that may be within their budget.

“Many people are under the false impression that in order to invest in a franchise you must have a very high net worth, but that’s not always the case,” said Terry Powell, Founder of The Entrepreneur’s Source. “Franchise investments can begin as low as $10,000 and range into the millions depending on the real estate and fixed costs associated with the business model.”

For more information about The Entrepreneur’s Source and franchising opportunities, visit http://www.EntrepreneursSource.com/.

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The Entrepreneur’s Source Terry Powell on Why Franchising Is a Great Fit for Millennials

The Entrepreneur’s Source Terry Powell on Why Franchising Is a Great Fit for Millennials The Millennial generation – 1980 and the mid-2000s – just surpassed all other generations by becoming the largest generation in the U.S. workforce, the Pew Research Center reported. However, today’s Millennials face a hypercompetitive and oversaturated job landscape paired with carrying record high student loan debt. Although many Millennials look to work your standard 9-5 corporate job, The Entrepreneur’s Source franchise urges individuals of this generation to consider the unique benefits of franchising. “Millennials are often cited as change agents — they want flexible hours and meaningful work and strive to enter into leadership roles early in their careers,” founder of The Entrepreneur’s Source Terry Powell said. “Franchising is a great way for this young and ambitious generation to get the work experience they want, while also earning the money they need to pay off their record-high student loan debt.” Today, The Entrepreneur’s Source reviews four reasons why franchising is a good alternative career route specifically for the Millennial generation.

  1. Flexibility: Millennials expect a greater sense of work-life balance compared to other generations. Millennials want their employers to be flexible in their work hours and stray from the typical 9-5 schedule, but not all workplaces are willing to compromise. When you become a franchisee, you virtually become your own boss and have total control over creating your work schedule. With the vast array of franchise concepts out there, many brands offer atypical business hours and schedule and even seasonal business opportunities. Franchising can provide the workplace flexibility that Millennials are looking for.
  2. Education: As a college education is increasingly becoming more important to attain to maintain a middle-class lifestyle, Millennials are more educated than other generations. Franchising can give Millennials the opportunity to put their degree to use with the security of support systems in place. With a willingness to continually learn paired with the determination to run their business, franchise brands set even the youngest of franchisees up for success.
  3. Varied Investment Cost: Some Millennials are lucky enough to receive the financial help from their Baby Boomer parents when investing in a new franchise, but not all Millennials are this fortunate due to their crippling student loan debt or limited funds. In franchising, there are hundreds of different franchise brands out there that come with a wide range of start-up costs. Some home-based or business-to-business franchises can cost as low as $10,000, a perhaps more affordable business compared to others.
  4. Unlimited Earnings Potential: In most corporate employee structures, a worker can only climb the corporate ladder so far and receive a fixed or limited earnings potential. With franchise ownership, this isn’t the case because almost any franchise concept can be grown to the next level. Many franchisees start as a single unit operator and as they get the hang of running their business they become a multi-unit franchisee. When it comes to growth and earnings potential in franchising, the sky truly is the limit.

 

What if your next career move isn’t a promotion? Visit FranMatch.com. Franchise ownership is one of the best ways to transition into entrepreneurship because the system is already built for you… a more structured track with less risk and fewer surprises. Becoming a franchisee offers an opportunity to run your own business while building off the success of a proven business. Go through this easy five-step process today and your coach will share with you three possible franchises that match your desires and investment range.

FranMatch

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