TES/BAI Align to Award The First Multi-Unit Co-Branded Franchise

Posted on March 12, 2007 by

Southbury, CT – In a continuing effort to offer a one-stop/one source center for entrepreneurs, The Entrepreneur’s Source® (TES) and Business Adviser’s InternationalSM (BAI) have awarded their first multi-unit, co-branded franchise, expanding services in the Virginia market.  As market leaders in the coaching and business advisory industry, this alliance offers a complementary blend of career coaching services from TES and business advisory services from BAI.

 “The market is ripe for coaching and advisory services that offer support in both identifying the right business opportunity and then partnering with the business owner to ensure its success,” says Terry Powell, CEO of TES and BAI.  “Small and medium size businesses will also benefit from these expanding services,” he added.

“As a TES coach, I saw the need to provide continuing assistance to start-ups companies wanting to ramp up quickly and produce results,” states Mike Byrne, president of the new Venture Consulting Inc.  “There are many threats to small and midsize companies, and with the BAI AdviCoach® Advantage system, we are extensively trained to help manage these threats and turn them into profits for our clients.  In response to this market need, I decided to form a coaching firm that incorporated the services of both TES and BAI.” he added.

“I applaud Mike Byrne for his insight to build out his consulting practice with a staff of professionals leveraging off the multi-unit franchise,” says Powell.  “This business model will allow him to penetrate the market faster and keep his business on the right path for growth,” he added. 

According to a Business Industry Consulting report dated November 2006, TES/BAI dominates the market with a 33% share of the coaching and consulting industry market.

U.S. Bureau of Labor Statistics 2005 research shows that, across all sectors, 45% percent of new independent business failures happen within 2 years of opening.  The AdviCoach Advantage system combines both the supportive and educational processes creating a win/win for its client.  According to a Right Management Consultants survey, about 47% of organizations surveyed see coaching as essential to their decision-making.

About The Entrepreneur’s Source

The Entrepreneur’s Source (TES) is North America’s leading career and business coaching company with more than 250 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.

About Business Advisers International

Business Advisers International (BAI) is the premiere source for business coaching and advisory services customized for small to midsize businesses.  With its unique AdviCoach Advantage system, BAI provides relationship-based coaching backed by a team of professionals who can provide Rapid Impact Solutions to its clients. BAI was recently ranked in the Top 100 new franchises by Franchise Market Magazine and in the Franchise 500 by Entrepreneur Magazine