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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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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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: 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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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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The Entrepreneur’s Source Identifies the Limiting Beliefs Holding You Back from Success Limiting beliefs are untrue, negative thoughts that hold people back from achieving their full potential. “I often use the example that I love donuts, but I do not think it is a good idea to eat them for breakfast, lunch, and dinner; however,…
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The Entrepreneur’s Source and Terry Powell Share the Recipe for Success in Matching Franchisor and Franchisee The Entrepreneur’s Source knows how to make matches, and pairing franchisors with the franchisee candidates who work best with the established business model is vital for the success of each. First, the franchisor creates their ideal candidate profile. Franchisors must answer…
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The Entrepreneur’s Source and Terry Powell Debunk the Myth of a Steady Paycheck The employer/employee relationship has changed in a multitude of ways, but as it relates to a steady paycheck, the reality for the employer is that employment no longer has to be maintained as a steady paycheck. Employers have ways of changing the…
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The Entrepreneur’s Source Founder Terry Powell: What Does a Business Coach Do? The concept of business coaching is different than consulting, brokerage and services of that nature in that business coaching focuses on collaboration with the client. The role of a Business Coach is to help clients discover and create the answers for themselves, rather…
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Overcoming Battered Investor Syndrome: The Entrepreneur’s Source Highlights Benefit of Investing in Franchising Investors have taken many roller coaster rides with their investments, especially over past decade. The majority of people place the power of their wealth-building and investments to others outside their control: Wall Street. In turn, the financial community they trusted to do…