November 19, 2007 // Franchising.com // Southbury, CT - With the business consulting and coaching market expected to reach over $156 billion in 2007*, current market leader The Entrepreneur's Source, (TES) (www.EsourceCoach.com) is taking another bite out of the market share by merging with Business Partner (www.businesspartner.com) One Stop Marketing Services franchisor.
"With Business Partner, we truly are the one stop, one source resource for the entrepreneurial market," say Terry Powell, CEO and founder of FranchisESource Brands International (FSBI), a multi-brand franchisor principally engaged in growing solid concepts into major international franchise brands. "Combining the strengths of Business Partner and our other recognized brands allows us to bring more value-added services to both the aspiring entrepreneur and the established business owner," he added.
As Business Partner begins to function under the dynamic coaching methodology, the cornerstone of success for many of the FSBI brands, that market share is expected to increase.
"These brands are highly synergistic with the current suite of expanded tools, talents and resources that will further our current dominance in our respective franchise markets," says Terry Powell. "This growth will come from referrals of revenues from brand partners along with increased awareness within the marketplace," he added.
Today, according to a Business Industry Consulting report dated November 2006, FSBI brands The Entrepreneur's Source and Business Advisers International (www.AdviCoach.com) dominate the business consulting market with a 33 percent share of the market.
As the country's premier coaching and advisory services companies, FSBI brands offer coaching services through TES for the aspiring business owners, assisting them in finding a business that compliments their lifestyle goals and needs. Business Adviser International Coaches work with business owners on reaching optimal performance with their businesses and now Business Partner Coaching services will provide a full suite marketing tools to communicate to the market. According to a Right Management Consultants survey, about 47 percent of organizations surveyed see coaching as essential to their decision-making.
"With 75 percent of our franchisees coming from the E-Source referral base, this is certainly a natural next step to ensure growth and maturity as a company," says Bruce Violette. "This partnership will help us build the Business Partner brand nationally, bring additional business to our current franchisees and provide us with world-class resources and training facilities," he added.
The Business Partner merger strongly underscores the direction of Terry Powell is taking the FranchisESource Brands International with an aggressive vision to grow the number of franchise brands every few years.
Business Partner One Stop Marketing
Business Partner One Stop Marketing Services provides business owners a full suite of marketing services. These services include Printing, Signs & Banners, Tradeshow Displays & Graphics, Promotional Gifts, Embroidered Apparel, Website & Graphic Design and more.
The Entrepreneur's Source (TES)
The Entrepreneur's Source is North America's leading career and business coaching company with more than 250 offices in the United States and Canada. With its unique E-Source Coach Advantage, TES offers a full range of services to individuals seeking alternate career options and to small-to-medium size companies looking to increase performance.
FranchisESource Brands International (FSBI)
FranchisESource Brands International a franchise development company principally engaged in growing solid concepts into major international franchise brands and whose current portfolio includes brands like The Entrepreneur's Source, Decor & You, Business Advisers International, Business Partner, FranchiseSearch.com and WEBB, Women Empowered by Business.
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