SOUTHBURY, CT--(Marketwire - Nov 29, 2012) - Franchising as a business investment has many advantages. You buy into a proven concept, pre-defined with support systems and training to get you up and running. However, if you are looking for continuous growth, it's essential to employ creative techniques to maintain market awareness and take full advantage of the resources of the system and also to use local experts as a sounding board, according to business coaches with The Entrepreneur's Source® (TES).
"The mistake most franchise business owners make is that they try to go it alone," says Terry Powell, CEO and founder of The Entrepreneur's Source® (TES). "Their excitement about managing the business and measuring ROI can oftentimes overshadow the value of using outside support to ensure the continuous growth they are seeking."
TES business coaches suggest that using a franchise business coach has many distinct advantages. First, a business coach brings a wealth of information and experience on how best to take advantage of all the resources the franchisor offers. A common cause of franchisee failure is that they do not stay on the proven, pre-defined system they bought into. By cultivating the relationship with the franchisor and getting the most value from all the resources available, a franchisee will keep on the track to success.
Secondly, a franchise business coach partners with clients, helping them to use the business as a vehicle to reach their income, lifestyle, wealth and equity goals. Once these goals are established, business coaches hold their clients accountable to reach their goals, thereby ensuring a continuous growth path.
"In today's economic environment, business owners have to work hard to reach their financial and business goals," says Powell. "With all the rewards that owning a business brings, they don't have to go it alone. It can be very challenging to figure out how to keep going year after year. However, using a business coach can help business owners reach the ever important milestones of business growth and success and, most importantly, reap the rewards of their hard work."
Powell also suggests leveraging e-learning courses and the expert-led virtual workshops of the FAST™ (Franchise Accelerated Success Training) program. FAST is designed for new and existing franchise business owners ready to take their business to the next level of success. FAST was created using proven business-success systems and the TES franchise coaching methodology exclusively developed for the franchise business owner. FAST is available exclusively through business coaches at The Entrepreneur's Source.
For more information on business coaching services offered by The Entrepreneur's Source, please visit www.entrepreneurssource.com
About The Entrepreneur's Source®
The Entrepreneur's Source is North America's leading career and business coaching company dedicated to the entrepreneur with more than 230 offices in the United States and Canada. The Entrepreneur's Source offers a full range of services to individuals seeking alternate career options and to franchise businesses looking to increase performance. Today, The Entrepreneur's Source dominates the $1.5 billion dollar Business Coaching/Consulting franchise market in North America. The Entrepreneur's Source has the unique distinction of being ranked in Entrepreneur Magazine's Top Franchise 500 for ten consecutive years, placing #130 in 2012. It has also placed on the prestigious Top 100 lists in Entrepreneur Magazine's "Fastest Growing Franchises," "Top Global Franchises," and "Top 101 Home Based Franchise." And for three consecutive years, AllBusiness listed The Entrepreneur's Source on the All Star Franchise Rankings at #53 for 2012. For more information about The Entrepreneur's Source, go to www.entrepreneurssource.com
The Entrepreneur's Source® is a registered trademark of TES Franchising, LLC. All rights reserved.