April 19, 2010 // Franchising.com // Southbury, CT – The Entrepreneur's Source (TES), the leading career and business coaching company with more than 230 offices in the United States and Canada, has been ranked 10th among all franchises on the RedHotFranchises.com 2010 "Hot 100 Franchise List," which recognizes the world's best franchises and business opportunities in dozens of different industry categories.
The ranking acknowledges TES as the leading business-coaching and consulting franchise opportunity based on its proven business model, which gives aspiring entrepreneurs the necessary tools for long-term self-sufficiency. Franchises are ranked based on a variety of factors, including management, franchisee satisfaction, franchise support, growth rate, financial stability and profitability.
"We're proud to be recognized as the leader in career and business coaching, especially in this New Career Economy® , where a growing number of individuals are choosing to move from employment to empowerment™," said Brian Miller, president and chief operating officer of TES.
Self-employment could be the only path available to many individuals who have lost their jobs. The number of long-term unemployed workers rose by 414,000 in March to 6.5 million, or more than 44 percent of unemployed individuals, according to the U.S. Bureau of Labor Statistics' April report.
"Without a doubt the economy will recover, but not enough jobs will be created to absorb all the individuals who have been laid off," added Miller. "Self-sufficiency will be the strongest option they have."
Franchises and business opportunities that exhibit superlative performance and whose business models stand out among more than 3,000 franchises are considered for the "Hot 100 Franchise List."
As an example of its continued commitment to innovation, TES recently unveiled an online virtual coaching experience at www.EntrepreneursSource.com, a unique first step for individuals seeking to transition from employment to empowerment™. The personal exploration, complete with an engaging virtual coach, breaks down the barriers that take individuals out of the business buying process.
The Entrepreneur's Source is North America's leading career and franchise Business Coaching Company dedicated to the entrepreneur with more than 230 offices in the United States and Canada. With its unique E-Source Coach Advantage and partnership with E-Myth Worldwide®, TES offers a full range of services to individuals seeking alternate career options and to franchise businesses looking to increase performance. Today, E-Source dominates the $1.5 billion dollar Business Coaching/Consulting franchise market in North America.