The Alternative Board vs AdviCoach Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Alternative Board vs AdviCoach including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
The Alternative Board Franchise
AdviCoach Franchise
Investment $58,023 - $103,298$66,240 - $79,490
Franchise Fee $19,500 - $44,000$45,000
Royalty Fee 10 - 50%5-15%
Advertising Fee Varies$400/mo
Year Founded 19902002
Year Franchised 19962006
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $1.5K-


Business Experience Requirements
 
The Alternative Board Franchise
AdviCoach Franchise
Experience
  • Minimum 10 years' senior-level business experience
  • Excellent communication and presentation skills
  • Minimum net worth of $300,000
    		• -

    Financing Options
     
    The Alternative Board Franchise
    AdviCoach Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables Yes/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    The Alternative Board Franchise
    AdviCoach Franchise
    Training Here at TAB we begin with 10 hours of pre-training (online) to set the stage for a very successful 8 days of training at our corporate headquarters in Westminster, CO. During a new launch, TAB also provides personalized in-field coaching and training to further prepare our TAB Business Owners to capitalize on lead generation, marketing strategies, and conversion of appointments to board memberships and consulting engagements. On-The-Job Training: 8 days Classroom Training: 8 days Additional Training: Monthly/quarterly conference calls -
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform -
    Marketing Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing -
    Operations Franchise can be run from home.

    12% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    The Alternative Board Franchise
    AdviCoach Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About The Alternative Board

    The Alternative Board offers consultants, business owners, and transitioning corporate executives the opportunity to earn significant income from facilitating executive peer boards and coaching local business owners and leaders using TAB's proprietary tools to help companies achieve greater success.
    As TAB-Certified Facilitator/Coaches, franchisees facilitate monthly peer advisory board meetings where, based on the collective experience of the board, members receive real-world solutions and practical advice on how to solve challenges and seize new opportunities. Founder, Allen Fishman, began developing the peer board concept after he guided his electronics firm from a private to a public company. The organization has expanded to benefit thousands of businesses throughout the world.

    There are three different franchise models you may select. The first franchise model is the “major metropolitan area” TAB Business franchise.
    The total investment necessary to begin operation of an MM TAB Business Franchise ranges from $82,523 to $103,298. This includes between $78,423 and $85,573 that must be paid to the franchisor.
    The second franchise model is the “non-major metropolitan area” TAB Business franchise. The total investment necessary to begin operation of an NMM TAB Business Franchise ranges from $68,023 to $88,798. This includes between $63,923 and $71,073 that must be paid to the franchisor.
    The third franchise model is the “small” TAB Business franchise. The total investment necessary to begin operation of a Small TAB Business Franchise ranges from $58,023 to $78,798. This includes between $53,923 and $61,073 that must be paid to the franchisor.
    Veteran Incentives  10% off franchise fee

    "Entrepreneur
    #383 in Franchise 500 for 2020.

    About AdviCoach

    The AdviCoach franchise is a national network of business-to-business coaches who work within their communities to advise business owners and deliver world-class solutions. Our national network of business coaches have access to the world's best proprietary system for increasing the cash-flow and equity value of small to mid-sized businesses. Beyond in-depth B2B coaching, our AdviCoaches also provide personal development and educational services that help their clients grow to better understand subjects critical to their future success.
    Our coaches have many years of solid business management experience and skills. We have our proven strategies and a variety of tools at our disposal, but the lynchpin in all of this is you. We customize our tools and approach to meet your specific needs and support your journey to success. Our coaches specialize in helping you to fulfill your professional and personal goals. We understand these goals are often entwined.

    Our franchisees receive intensive initial and ongoing training to consult, mentor, facilitate, and train people in all businesses to achieve the success they desire - whether it involves starting up, increasing profitability, improving employee performances or implementing systems, managing, expanding, or exiting the business. Our AdviCoaches operate their business consulting practice with the support of Business Advisers International . Anyone with general business experience who will enjoy helping those in business achieve their goals will make a successful Business Adviser franchisee.

    Are you ready to become an AdviCoach franchisee and make a difference, while building your wealth, equity and security for you and your family? Do you seek a lifestyle and an income with the personal satisfaction that comes from helping others? If you're ready to seriously consider a proven franchise with a world-class training system, your own personal advisor who is also a franchisee, and immediate access to a network of experienced business advisors, we're ready for you to learn the AdviCoach advantage!

     

    Veteran Incentives
    15% off franchise fee