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 | The Alternative BoardThe only business coaching franchise with a money back guarantee |
Business Type
FranchiseMin Liquid Capital
$70,000 to $90,000Total Investment
$55,125 to $124,925Required Net Worth
$350,000Number of Units
170In Business Since
1990* For Current Info See:
Franchise Disclosure Document
Overview
The Alternative Board® (TAB) franchise is an exciting opportunity for corporate executives, consultants and entrepreneurs to utilize their business experience and expertise to help owners of local, privately held businesses achieve their vision of success.
As a TAB-Certified Facilitator and Coach, franchisees lead monthly peer advisory board meetings where members present issues they’re facing in their business. Based on the collective experience of the board, members receive real-world, practical advice on how to solve challenges and seize new opportunities. TAB franchisees also provide business coaching to individual members and their companies using proprietary tools and processes. The Alternative Board® provides comprehensive training and extensive support to help franchise owners launch and grow a successful business.
As a TAB-Certified Facilitator and Coach, franchisees lead monthly peer advisory board meetings where members present issues they’re facing in their business. Based on the collective experience of the board, members receive real-world, practical advice on how to solve challenges and seize new opportunities. TAB franchisees also provide business coaching to individual members and their companies using proprietary tools and processes. The Alternative Board® provides comprehensive training and extensive support to help franchise owners launch and grow a successful business.
Products & Services
TAB Business Vantage® is a web-based, 360-degree business operations assessment comprised of more than 300 questions about your member’s or client’s business. This assessment tool will illustrate where a business is focusing its resources and energy versus where the management believes they should be focused. It can also compare the answers of each member of the management team for that company. In addition, the tool allows you to benchmark the assessed business against all other TAB Board member companies and all others in the same type of business. TAB Business Vantage® is a great tool to use for private coaching sessions, TAB Board meetings and additional consulting opportunities. Strategic Business Leadership® (SBL) is an easy-to-use, personal and business electronic planning process developed to meet the needs of the time-constrained business owner. By helping owners lead their companies strategically, instead of by the “idea of the week,” SBL enables owners to achieve their personal and business visions of success. The SBL process will transfer the planning information from the minds of the business owner and his or her top management to a manageable, written plan that will form the style and direction for leading a company to greater success. SBL is a strategic method of leading a business that works for small and medium-sized companies to produce optimum results in a realistic time frame.
Training & Support
Training is held at corporate headquarters in Colorado. New Franchisees will spend 6 days learning all that they need to know about forming TAB Boards, the TAB marketing and sales process, facilitation and private coaching, and delivering on TAB's mission to help business owners achieve their vision of success.
After initial training, a TAB Membership Developer (TMD) will be in territory, for up to four weeks, for one-on-one training with the Franchisee. Additionally, a TAB Designee will attend and review one of their first TAB Board Meetings in the first three months for on-site training. An experienced TAB-Certified Facilitator & Coach will provide monthly telephone coaching sessions starting after Initial Training for new Franchisees to reinforce the skills learned at training and to answer the ‘How do I’ questions.
After initial training, a TAB Membership Developer (TMD) will be in territory, for up to four weeks, for one-on-one training with the Franchisee. Additionally, a TAB Designee will attend and review one of their first TAB Board Meetings in the first three months for on-site training. An experienced TAB-Certified Facilitator & Coach will provide monthly telephone coaching sessions starting after Initial Training for new Franchisees to reinforce the skills learned at training and to answer the ‘How do I’ questions.
Why a The Alternative Board (TAB) Franchise?
TAB is the world’s largest franchisor of peer advisory board services and business coaching. Recognized in Entrepreneur’s Franchise 500 for the past five consecutive years as well as Entrepreneur’s top 60 home-based businesses, TAB franchise is distinguished by the extensive training and resources we provide to support franchisees when building their TAB businesses. With one of the largest marketing departments among business services franchisors, TAB is dedicated to helping franchisees market their TAB business successfully. TAB identifies member prospects within your protected territory, using proven direct mail pieces and telemarketing tactics. Six days of Initial Training is held at our corporate headquarters, as well as up to 4 weeks of field support, in territory, with a TAB Membership Developer (TMD). Ongoing monthly group training is offered to all facilitators and Semi-Annual International Conferences are held for knowledge-sharing among facilitator peers. TAB offers numerous tools and resources to consistently help our franchisees deliver value to their current members and recruit new members.
Are You a Good Fit for The Alternative Board (TAB) franchise?
The TAB franchise opportunity is ideal for transitioning executives, business consultants and entrepreneurs who are looking to start or expand a consulting business. TAB provides the tools, contacts and flexibility to increase income potential with consulting projects from TAB Board members and their members’ referrals. TAB franchise owners can leverage their experience in a proven franchise business model and are never alone in the process. Our franchisees have at least 7 years of experience as senior corporate executives, business consultants and/or entrepreneurs. They enjoy making use of their business background by working as an advisory board facilitator and personal business coach. In doing so, you must be comfortable presenting/speaking to groups, coaching individual businesses, facilitating group meetings and consulting. Total Initial Investment: $55,125 - $124,925 (depending on territory size selected)
Minimum Net Worth: $300,000
