Long Term Vision Becomes Reality As TES Becomes One Stop/One Source Resource for Entrepreneurs

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The vision of becoming a One Stop/One Source Resource for entrepreneurs has become a reality as The Entrepreneur's Source (TES) unveils its New Franchise Model and additional B2B services menu creating a broad base of professional services support for business owners and those desiring to become business owners. TES's traditional Franchise Model has centered on a discovery process assisting a client to discover the right alternate career option. Today, the 225 E-Source Coaches in North America can also help new business owners, and existing business owners, manage the challenges of growing a business to peak performance.

And with our new expanded business model, our E-Source Coaches can expect to see an increase in their annual revenue by two-to-three times that of today's average

    "TES is now an all-inclusive resource center for today's entrepreneur and for people who dream of becoming one," says Terry Powell, founder and CEO of The Entrepreneur's Source. "Since 1984, the vision has been to create an organization centered on all things entrepreneurial. After spending a number of years fine tuning the business model, and extending our unique E-Source Coaching advantage to individuals, it is time to impact the small to mid-size business owners needing support on core business issues," he added.

The new TES B2B service offerings follow a 3-step implementation program that comprises:

1. Education on Core Business Issues;

2. The Introduction of Rapid Impact Solutions; and

3. The Facilitation of Solutions.

These solutions, developed by TES and other business partners, are designed to rapidly impact and turnaround problem areas in small and mid-size businesses. The expanding list of services includes Human Resources support, Accounting, Leadership Development, Communications, and Leads Management Development.

"The U.S. has over 7.2 million payrolled businesses and 98% of them have fewer than 100 employees," says Terry Powell. "Clearly this market will benefit from our professional services that will increase performance and, in turn, have a greater impact on the economy.

"This evolution of the TES model, One Stop/One Source Resource, supports our long-term strategic plan which includes growing the number of units from over 225 to 600 in the U.S. within the next 4 years," says Terry Powell. "And with our new expanded business model, our E-Source Coaches can expect to see an increase in their annual revenue by two-to-three times that of today's average," he added.

TES falls into the unique category in franchise history of companies that have surpassed the 100-unit mark in its first five years of franchising. Terry Powell founded TES in 1984 with a mission to target the 70% of the population that wasn't necessarily ready, willing, and able to invest in a business. He understood that most people need information and education to make an informed decision about changing careers and becoming a business owner. Since becoming a franchise, TES E-Source Coaches have assisted thousands of their clients to discover businesses resulting in over $400 million in initial client investments. According to a Business Industry Consulting report dated November 2006, TES dominates the business consulting market with a 32% share of the market.

About The Entrepreneur's Source

The Entrepreneur's Source (TES) is North America's leading career and business coaching company with more than 225 offices in the United States and Canada. TES offers a full-range of services to individuals seeking alternate career options and to small-to-medium size companies looking to increase performance. The goal of the Entrepreneur's Source is to partner with both individuals and companies to achieve their desired outcome. For more information go to http://www.EsourceCoach.com.

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Cynthia L. Schick
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