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The Alternative Board� (TAB) franchisee manages peer advisory boards of up to 12 owners, CEOs and presidents of privately owned, non-competing businesses. The franchisee chairs monthly group meetings, in which participants discuss the problems they face and the opportunities they encounter and receive feedback from other experienced businesspeople, as well as you, the facilitator. Franchisees also become certified coaches to provide one-on-one coaching and further assist members in achieving their desired success and goals.
TAB has helped businesses excel since 1990 by offering services such as strategic planning, advice for both business and personal issues, objective feedback, skill development and a confidential and supportive environment where business ideas flow and peers can hold each other accountable for their own businesses.
TAB provides nationwide exposure and local promotional assistance, making cold calls unnecessary. Additional members are gained through marketing campaigns and group informational meetings. Franchisees earn revenue through fees paid by members of their peer groups, including initiation and diagnostic fees, monthly membership dues and charges for additional coaching and consulting.
Investment Required The fee for a The Alternative Board� franchise ranges from $25,000 to $55,000, depending on the size of the territory.
The Alternative Board� requires the following range of investments to open your initial franchise.
On-Going Expenses The Alternative Board� franchisees pay royalties equal to 35% of the membership dues they receive or until the election of a monthly flat fee ranging from $1,500 to $4,500 (depending on the territory size); $200 or 50% of all business assessment fees, whichever is greater; a member administration and support fee of $10 per member per month; member marketing campaign charges of $3.60 per prospect; and contractor license fees equaling $1,000 per month per territory. Additional fees include a marketing development fee, an international conference fee and charges for TAB promotional materials, the cost of which varies by territory. What You Get�Training and Support A personal coach who has already acted as a successful facilitator will be assigned to each franchisee. They will act as mentors and give feedback throughout the first twelve months of becoming a certified facilitator. Franchisees become familiar with Strategic Business Leadership� procedures that define goals and develop strategies to maximize results within a reasonable time period. All new facilitators are given six days of training at the corporate headquarters, where they are instructed in all aspects of running a TAB franchise. In addition to learning how to run meetings, coach privately and gain new members, franchisees are given access to resources such as the TAB Confidential Manual and over 100 PowerPoint presentations for use at their monthly membership meetings. Facilitators also learn to analyze their members� business operations using an online business assessment tool for one-on-one coaching sessions.
TAB promotes communication between facilitators and board members by providing an online hotline where facilitators around the world exchange tips, ideas and perfected methods. One monthly newsletter, accessible both online and in print, is provided for board members and facilitators. International Facilitator conferences also take place every year, allowing franchisees to share their best practices with one another and learn new techniques from the corporate staff.
Territory The Alternative Board� grants exclusive territories.
