For franchisors, being in business “for you, but not by yourself” means being surrounded by a team of people dedicated to helping achieve success. A franchise includes the brand name, the operating system and a team of people dedicated to the success of the franchise. They help with support, training, education, marketing, sales, lead generation…
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Terry Powell and The Entrepreneur’s Source: What is Head Trash and How do we Get Rid of It? What is head trash? It is the junk that we keep in our minds, and we believe that it is reality when it is actually a stumbling block preventing us from being better. It may be a…
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Celebrating 30 Years of Franchise Business Coaching Success There are thousands of businesses in today’s booming franchise sector, but the vast majority can’t say they’ve had 30 successful years in business. Since 1984, The Entrepreneur’s Source has been committed to offering professionals throughout the nation a career in franchise business coaching, dedicated to helping individuals…
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Terry Powell and The Entrepreneur’s Source: Tips for Finding Funding in Franchising Often times, funding is one of the most critical pieces in making the connection between franchisor and their newest franchisee. Purchasing a franchisee can be a daunting decision for an individual, as often they have been saving investment money anywhere from 10-30 years. Below…
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Terry Powell and The Entrepreneur’s Source: How to Pave the Way to a Better You The Entrepreneur’s Source Brand Manager Tamara Loring explains the growth of an individual from You 1.0 to You 2.0. You 1.0 is the starting point: the foundation on which a person builds on. Everyone has a skill or trait that…
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Not all business models are ideal for every individual. The Entrepreneur’s Source prides itself on the ability to match franchisors with individuals who work best with the established business model. Brand Manager Jason Miller shares the following examples of matching franchisors to ideal candidates, including: A home or sales-based business model would look for a…
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The Entrepreneur’s Source COO Brian Miller outlines 3 key distinct advantages owning a franchise has over starting an independent business. A recognizable brand name A proven operating system Ongoing support, training and education While there are many successful independent businesses, most have to be built from the ground up. In contrast, investing into an established…
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People are no longer empowered by the predictability of the career paths they have been on. The Entrepreneur’s Source Founder Terry Powell and Brand Manager Tamara Loring discuss the evolution of empowerment and what it means to shift away from reactive employment, toward a more proactive approach. Terry and Tamara provide tips on taking control…
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The Entrepreneur’s Source Founder Terry Powell discusses why diversification is the key to proper investing and how the shift in investment interest has come about. Terry Powell shares tips on reallocating reactive investments into proactive investments, such as business ownership or franchising, and placing control back into the investor’s hands.
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Terry Powell and The Entrepreneur’s Source Present: Brand Manager Jason Miller identifies some key characteristics of a good franchisor, including: • Strong marketing and support systems • Business blueprint others can follow • Proven system of success • Focus on successful franchisees